No altcoins is trustworthy, they're just there to make us profits and we don't have to trust them to achieve those profits. Altcoins are very volatile than Bitcoin which makes trading them very good since price difference are always there.

Altcoins that might be reliable or trustworthy to you now because they're the hottest coins doesn't mean it'll stay that way forever, the narrative of an altcoins can change in matters of seconds and becomes a scam or not profiting investment.

When investing in an altcoin, always have it in mind that you could lose all your money due to the project been rejected by the community or unprofessionalism by the founders of the project that makes investors not trust the project anymore.

Shitcoins are coins that have no value and only launched to scam their investors, most meme coins are shit coins but not all memecoin are worthless. We have coins like Shiba Inu and dogecoin giving their investors profits.

Many of the meme coin in existence and those yet to be launched will go out of existence jn a very short time because people will get tired of them and they won't be giving profits like the newly launched ones or veey population ones.

Memecoins aren't to be invested in with hopes of future gains but just as a joke so if the investment was to tune out unsuccessful, you won't be angry or lose much. Investing in meme coin is more of gambling than investing.

This kind of project are usually started by scam artist and they target religions that have very strong believers like Muslim that'll support anything that has to do with Islamic teaches and their believes.

On twitter is see coins been promoted that are focus on Islamic and it became more popular this ramadan season. People will still fall victim to this scam as they believe they can make profits form investing in them.

To be safe, we should stay away from this kind of projects, there are so much problem in the world that projects should be looking to solved and not trying to preach their religion through the tokens.

I don't think they'll all recover, you mentioned five and my prediction will be two out of those five will recover fully and they're pancakeswap and uniswap. The rest are just a replicate of this two giants and without the Defi hype coming back they can' survive.

But the rest will need there to be another Defi hype in the next bull market for them to recover fully. Every bull market comes with its own hype so the attention will be shifted next bull market.

I see lots of layer 2 projects coming up recently and I feel there'll be a hype on this projects with polygon and arbitrum leading the way. We also have AI trend still yet to hit its highest potential and I think we'll see that in the next bull market.

It pumped more than 24% and now it's having some corrections. Elon musk can make anything happen as the man is gifted when it comes to investing. He's using his influence to pump his invested coins and making profits.

We only had those small percentages increase because we're in a bear market, if this happened in the bull market dogecoin should have pumped more than it did and the pump would had lasted long.

Dogecoin would pump again or return to the moon in the bull market, it's one of the projects to look out for, Elon musk might just decide to make doge coin the coin of twitter since he love memes and use them always on twitter.

Project build in bear market and not in bull market as you said, what happens in bull markets are just marketing strategy by this project to attract investors into their projects, the real building happens in bear.

This is why when selecting a project to invest into, watch how they handle the bear market, was the project stopped or continuously been built on and that's how you know a project that'll do well in the bull market.

All those new project coming out are mainly scams they're just hoping to ride the hype of the bull market and many are usually just shit coins that won't survive if the bear market returns, avoid those types of projects.

The strength of memecoins like Shiba Inu won't be felt until the bull market starts properly, the Ethereum whales buying Shiba Inu aren't stupid, they understand the power of community that's why they're buying.

This whales where also buying just before the pump in last bull market and they are expecting same pump in the next bull market. If you know you holding unto you Shiba Inu won't affect you financially then keep holding.

At the end you'll be glad you did because provided doge coin is receiving attention from investors, chances are Shiba Inu will start receiving attention too because both coins are related and pumps together.

Bitcoin isn't an altcoins that's why it wasn't in my suggestions, of course Bitcoin should be the number one coin everyone should own as it's more reliable than any altcoins available in the market but we have other good altcoins.

The ones I mentioned are altcoins that won't fail as majority in the market will fail their investors. The reason for this is because they have very high demand at the moment and that demand would still be there in the next bull run.

Bitcoin is the best cryptocurrency in the market and have a very strong community, stronger than any other cryptocurrency. Bitcoin is already a coin that'll lead the bull run but won't give the highest return, altcoins will.

$40 is just 1x which is very poor if you consider how many percentage you can get from other projects that are not been cancelled like Solana. FTX exchange that collapsed is the major reason Solana is dying.

The exchange was a big investors in Solana and since that exchange is no longer exiting then investors are worried Solana won't give much profit anymore and are avoiding investing in Solana so you should do the same too.

Solana blockchain is also having breakdown which could be as a result of developers abandoning the blockchain to other better ones therefore making Solana lose developers that would had helped keep the blockchain running.

How informed is your friend about the cryptocurrency market, because if he was informed them he would had mentioned Arbitrum to you because it's all over the cryptocurrency news, it's the hottest project in town.

Arbitrum has so many good competitor and the most popular and already successful is polygon. If you aren't aware, Arbitrum is a layer 2; blockchain that helps fasten the transaction happening on ethereum blockchain.

We have so many layer 2 blockchain and they all became popular after the success of polygon so you shouldn't waste time if you want to invest in Arbitrum before it starts pumping, it's already listed on Binance.

This topic was made in January and then we began seeing news of the banks collapsing in march, which means this post predicted what will happen to banks correctly. Banks are outdated and soon people will stop making use of them.

Everything the banks can do, we no have digital apps that can do them better, our money is not even safe with the banks as they can get missing from the banks servers getting attacks through hacks or the banks collapsing.

Banks that were useful for saving and taking of loans will soon go out of business as we now have decentralized application that can offer that service to you from the comfort of your home.

But airdrop only attract those who wants the money they'll be expecting when they sell their tokens received from the airdrop. Airdrop increase number of community members in the social media which makes it look like the project is quality.

Airdrop alone doesn't build a community but when you constantly engage the community, they get stronger, you can introduce daily tasks that'll keep the users that came for airdrop occupied with the project and could lead to them investing.

Overall I believe trust is the biggest way to build a community, when your investors are happy with how the project is been ran then they'll attract more investors as they help with the marketing without any cost but just because they believe in the project.

Reason many new project are not worth to be invested into is because they're just copying already existing project and only created to benefit from the hype of the moment. This usually happens when new trends get introduced to the market.

When investing in new projects we just have to do our research very well so we don't fall to scams as we have many of them in the market. Always make sure you research on the teams before you invest to avoid getting scammed.

Also before investing make sure you look at the token distribution to understand the tokenomics of the project. Understanding the tokenomics will give you an idea how high the project can pump so you know if it's worth investing.

Dogecoin is one of the only coins that have been giving investors profits for the last 8 years, each bull markets sees huge gain in the popularity of the project and now Elon Musk is now a big fan of the memecoin.

Dogecoin can get to $1 in the next bull market, so investing at the current price is still okay although I'll prefer you hold on for the price to drop. Doge coin pumped recently and need some corrections which is think can go as low as $0.065.

Buying at that price would be very okay since you won't have to wait until it reaches $1 for you too make good profits. Just by reaching $0.65 which is still not the peak of last bull market, you'll be in profits already.

To get the best altcoins to invest, you'll need some recommendations from people that have a knowledge in finding this hidden gems, what you'll then do for yourself is to research on those recommendations and invest.

Don't think you can do it all yourself because you can't. There's no harm in looking at those accounts that points towards project they fell are good for investing but what you shoudn't do is following their advise without research.

Projects like Ethereum, Binance coin, Arbitrum, Gala, polygon are some projects I'm investing in and I believe they're good choices because of what they provided. Gala is my biggest investment for the metaverse.

When you compare Arbitrum circulating supply to other coins that have  pumped in last bull market or other past bull market then you'll see that its circulating supply won't stop it from pumping.

Arbitrum circulating supply is just over $1 Billion which means each time it gets about $1 billion invested in it it rises by another dollars and in the bull market Arbitrum can get lots of billions invested in it.

Arbitrum does have the hype that project that does very well has and already they've listed on top exchange with the project been focus on an area that'll be getting lors of attention in the next bull market which is layer 2 projects.

You make a good point here, this strategy can be said to be you sticking with your initial targets. Before anybody buys a project they already have an idea of which price they'll like to sell so just do that when it reached that price.

This strategy will help any investors avoid losses because if the tokens falls then you would have already sold your coins and left the project and when the tokens continue to rise it shouldn't bother you.

But many people will be regretting selling if an increase of price was to happen so instead of selling all the tokens you got from your earlier purchase then you can sell the coins in part so you have leftovers to sell at other price.

I don't support the OP or anybody even selling their BNB because that's a very good project compared to the other projects they're trying to invest in. BNB has held strong in the bear market when compared to other altcoins.

If some other projects had the level of FUD that Binance has been receiving lately, their tokens would probably be dead by now or trading at a very low price that'll discourage investors from buying.

BNB will be among the top gainers for the next bull market and I'm predicting a minimum of $1k which is still a very good profits when you understand that the altcoins you're buying with you BNB might not make it to the next bull market.

New projects are the best choices if you want to make profit mostly in bull market, one mistakes investors make when investing in altcoins is that they do it during the bear market and that's not a good time to buy.

Bear market should be about buying old coins that have very good potential but now trading at a low price because of the bear market has hit them and all cryptocurency including Bitcoin is decreasing.

Wait for the bull market before you buy new project and you can sell out of the market before the hype of the new tokens dies. Also invest in project that have a working decentralized application and you won't regret it.

Meme coins like Shiba Inu and Doge coin are very good projects to invest in and I think they're the only choice for investing in memecoin as they're unlikely to scam their investors due to so much invested in the project by the developers.

This coins will only keep improving and giving good return to their investors that buys them for the bull market but any other meme coin aren't worth it because they can run away without any trace.

Floki inu is just a copy of Shiba Inu and enjoying the fame that Shiba Inu gives all the meme coins with Inu in their names. I don't like project that is just getting attention because of the fame of another project so I won't invest.