I recently shifted some focus from Bitcoin to altcoins. In the beginning, I chased hype and it didn’t go well. The times I did better were when I slowed down, read about the project, and made my own decision instead of following noise.
It feels like patience pays more than hype-chasing in this space.
Your first mistakes was to shift attention from Bitcoin to altcoins and for that reason you open yourself up for more volatilities, cryptocurrency like Bitcoin are more stable as an asset because even though volatilities happens to all the coin, the rate as which it effects Bitcoin is far different from the way other coins will react, most especially those in the memecoins categories.
It’s not a mistake. Bitcoin will maybe increase another 50% by end of year while many top altcoins will 5x , 10x even 20x by end of year.
Altseason is coming in next month or two, you don’t want to be mainly in Bitcoin when that happens.