The Crypto space is becoming more dangerous for investment because dips now happen on regular days and weeks, there by becomes a common thing or usual thing. The new Cryptos are worth buying only if you buy wisely and in a speedy row. Cryptos pump and dump, those that bought it when it's dumping are definitely going to loss and those that bought it when pumping, the ones that enter the position late due to FOMO will also lose. For me, I'm Stick to top influencers in the space like CZ, and Elon Musk that have several quotes on these altcoins.
Following influencers for me is also dangerous if you don't enter at the right moment. because you know for yourself how the market has been moving fast lately. especially for new crypto.
I doubt the new altcoins that are released then make a fairly high trading volume. and it turns out it won't last long enough. if you want to buy a new crypto asset that you feel has a good long-term project. there will be many aspects to consider.
but in the current market conditions, perhaps focusing on top market assets would be a wiser choice than choosing a new altcoin.
