I don't think I will be alt millionaire. Because I'm not investing enough money to make me alt millionaire. But I'm planning to make a good profit thanks to the altcoins I trust during the bull season. Because during the bull season, I think that the price of many altcoins will increase considerably.
Yes, new projects can compete with old projects. Also the new projects can pass old projects. Just being an old project doesn't mean that the project is good. What is important is the team members and the project's vision. I believe that, all the old projects that cannot develop themselves will be defeated by the a new project with a vision more than the old in future.
You can trade. You can buy and sell daily in short rates and increase your portfolio. You can also participate in bounty campaigns too. According to the past years, you can still earn token even if the bounty campaigns have a small amount of reward. But you should do research before joining bounty campaigns. This way, you may participate in the right campaigns and you may not have wasted your time.
Yes, a lot of Altcoins are still productive for me. Altcoins are a much more profitable choice for people who are trading. Also, as we have seen in the last bull season, altcoin prices are increasing more than the Bitcoin price in the bull season. In other words, we can make more profit from the altcoins in the percentage. But this does not apply to all altcoins. Therefore, we need to investigate the altcoins that we will invest in for find right altcoins.