I’ve been looking into altcoins lately, but with so many options, I’m not sure how to approach it. I know the risks can be higher compared to Bitcoin or Ethereum, but the potential rewards are tempting. For those of you who invest in altcoins, what strategies do you use to minimize risk and maximize returns?
I’m thinking about diving into altcoins, but man, there are so many! Anyone got tips on how y’all pick which ones to invest in without losing everything?
Honestly, it’s a gamble with most of 'em, but I stick to coins with real utility. Like, if it’s just hype, I avoid it. Utility is .
Forget utility, it’s all about catching the next moonshot! Gotta get in early, watch those pump signals, then dip out before the dump. That’s where the $$$ is at!
Nah, chasing pump-and-dumps will wreck you. Long-term gains are where it’s at. I stick with projects that have strong teams and legit partnerships. Patience pays.
Wish I’d listened to advice like that earlier… still holding bags from 2021. But yeah, I look for coins with active development. Dead projects = dead money.