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I believe there are some other altcoins that can outperform AI coins. We can't expect every AI coin to perform better than other coins. Currently, I am holding some altcoins that have been performing well over the past 7-8 months. I am holding AItech, INJ, Solana, Rndr, and Avalanche, and I plan to keep them until the parabolic altcoin bull run begins.
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I still remember the airdrops that used to come in 2017-18, each of them would give a good amount. One of them was the eBTC airdrop, which gave me almost $2500 just for registering. Holding it for almost 2-3 months resulted in a good profit. But now, even if you participate in 100 airdrops, you only get 2-3, and there's no guarantee for those either. That's why I have stopped participating in airdrops now.
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I believe the true bull run hasn't begun yet since many investors are still accumulating. As for the altcoin bull run, I think we need to wait a bit longer. This is because Bitcoin still have the potential to rise higher, and we all know that once Bitcoin stabilizes after reaching its peak, Altcoins will start to rise as well. So, I'm waiting for Bitcoin to hit a new all-time high, after which the real excitement will start for altcoin holders. Until then, I am just holding my altcoins without touching or trading them.
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My golden rule is that I never touch coins I haven't purchased. I know that if I try to connect my wallet to sell free coins, I will either get hacked or lose what I already have in my wallet. The simple logic is, how can we receive something for free that we haven't bought? Just ignore such offers to avoid becoming a victim of a scam.
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Oh no, you've lost your money. I doubt you'll be able to recover it. It's crucial to thoroughly research before purchasing any coins and ensure you're dealing with official channels rather than fraudulent ones Even you ignored the warning message. Don't trust testimonials, as many are fake and designed to lure buyers into thinking the sellers are legitimate.
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Meme coins typically gain popularity only in the short term, and after that, they are largely ignored. That's why I always believe in utility-based altcoins. I can't deny that a few people do make good profits from meme coins, but the majority of investors end up with losses. Every year, hundreds of meme coins are launched, but only about 4-5 of them get any recognition. Therefore, I would say that the survival rate of meme coins is not promising. If you take my advice, whenever you see a price surge, sell and get out, because with meme coins, the chances of another surge are almost zero.
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Staying safe depends on us if we click on unnecessary unknown links, we will most likely get hacked. Moreover, we frequently receive many airdrop links daily, which we should generally avoid clicking. Scammers and hackers often trap and hack newbies this way. As for storing our coins, I trust only hardware wallets. Coins should never be kept on exchanges unless we are ready to sell them and last but not least always use antivirus.
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Based on my 7 years of experience, we should invest by observing the market trends. For instance, during the last bull run, meme coins were highly hyped, leading many investors to put their money into them, and many profited. Although I am not a fan of meme coins, we should analyze the market ourselves, especially beyond the top 10 coins. I personally favor investing more money in new coins. However, this doesn't mean just any new coin, but rather those that are trending in the market.
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In the current scenario, comparing Cardano to Ethereum isn't quite fair because Cardano is still far behind. However, we can't predict Cardano's future development. On the other hand, Ethereum's development is quite strong compared to Cardano. We'll see how both perform in this bull run, though we all know that Ethereum has already experienced significant growth. As for replacing one with the other, Ethereum currently holds a significant advantage over Cardano.
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Although many people know that crypto investment is very risky, especially for newcomers who invest after seeing others' profits and think they too will make hefty profits easily, it's not that simple. There are many people here who fabricate fake screenshots to deceive others. It's advisable not to try until you have basic knowledge and understanding of crypto's fundamentals. Otherwise, investing with the mindset that it's okay to lose money is not wise.
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With the advent of meme coins, the market no longer moves as it used to because greed compels many investors to invest in meme coins. As a result, many good altcoins fail to perform as expected. I don't like meme coins because I don't trust them. One harsh truth about meme coins is that those perform well have a significantly higher ROI compared to other altcoins, but the risk is also very high. This high ROI attracts investors, and those with extra funds are not hesitant to take the risk.
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