I lock-in my first round of profits on SHIB at a 10x couple days ago. Stylishly i've learned how important and secured it is to have one's portfolio diversified into many quality coins since coming aboard.
[snip]
Diversifying of a portfolio into many quality coins is good but it is only better when you have knowledge of portfolio management cause altcoin markets are said to be highly manipulated.
I don't know what you see Shib and other meme coins but they are products of the pump and dump so you should have invested in good altcoin like ETH, Link, etc.
It takes good research and analysis skills to choose lots of quality coins to diversify our portfolio. Because as you said, most altcoins are
often manipulated, so choosing the wrong coins can be very risky to suffer losses. It's not even enough to choose good coins, but we also
need to analyze when is the best time to enter and exit the market. Then regarding meme coins, which often happen to pump and dump,
I really don't like trading on meme coins, the risk is too high. But if someone has good analytical skills, so being able to take advantage of
the pump and dump that occurs in meme coins to be able to generate profits through short-term trading can indeed be done. But I prefer to
trade in a safer way, namely by choosing popular altcoins that have strong fundamentals for trading. If we make the mistake of buying the coins
at a price that is too high, after that the price immediately falls, we don't need to worry. Because coins with strong fundamentals will recover
quickly and can go higher.