HODL is much more suitable for altcoins than BTC nowadays

[indah rezqi]

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You are right. Most of the investors who held the coins you mentioned made high profits. But I don't think altcoins are reliable for long term holding. In the future, we may regret not buying and holding these top alts at this time. I believe that good times are also waiting for investors who can buy ETH, SOL, BNB and hold them for the long term.

I am really confused by your 2 statements:
1. You have doubts about the future of altcoins.
2. You regret not being a part of it.

Essentially, everything traded in the crypto market has its own potential, but not all of them can provide you with long-term returns. There have been too many altcoin failures in the past and the list will likely continue to grow in the future. If you believe in the potential of some altcoins, then try to invest in them in amounts you can afford to lose, but you may have to admit that bitcoin tends to perform better in the long term.

Honestly I see very few investors who have made profits from altcoins. Most of the investors who have made profits are from Bitcoin holders. Many investors consciously want to avoid gambling in alternative ways.

We never know how many investors have managed to get returns from altcoins, but I'm sure the number is also large. Everyone will surely exploit the market and will find good potential in anything possible, so if it is about making profits, then you probably don't need to ignore altcoins completely. If your investment goal is to hedge in the long term, then it is best to avoid altcoins, bitcoin is certainly more suitable for that purpose.

[Ahli38]

How are you able to figure out if an altcoin is undervalued though? there are many altcoins with 0 rev, shouldn't their overall valuation goes to zero? yet they still have some good market cap in the market even it isn't reaching billions.
Altcoin being undervalued is mostly illusion. Many of them deserve to go zero because these altcoins have no product market fit to begin with yet they still have some valuation because people like to speculate.
My point being, sometime just because an altcoin has dumped so hard and may give you a sense of being undervalued isn't actually undervalued at all. Maybe it's time for the market to reveal its true deserving price which is close to zero.

Undervalued altcoins can actually be seen in their teams or even their communities. And the use case also needs to be checked to see if it has a truly useful purpose. Many altcoins do not live up to their claims. Their vision and even their mission often deviate from reality. Graduall, such altcoins will begin to fade away as people lose trust in them. And most likely this will cause them to experience a sharp decline or even approach to zero. Only altcoins with clear fundamentals will survive while the others will disappear from circulation. So I personally believe that altcoins without a clear vision or fundamentals are not worth holding.