It is not over

[o48o]

2. The majority of alts are bad for long term.

Be picky when it comes to altcoins, the majority of them are nothing but money grabbers, they are here to make quick money, that's why many of them abandoned their projects half way and they never refund their investors. If regulation is more strict they won't be able to escape, but the duty is on you, because very picky with altcoins.

Seriously, only a few altcoins are worth investing in. In fact, if I want to be honest, I would say that over 90% of altcoins are bad. They exist for a very short time, and some of them are created just to scam people. Most of them are pump-and-dump projects.at the end of the last two years, I bought some new altcoin projects because I thought that altcoin season was approaching, but I really regretted it because I lost almost all the money that I invested in those new projects.

So, it is always better to invest in long-existing projects like Solana, Ethereum, BNB, and others like them. Nowadays, most new projects coming into the crypto industry are just pump and dump projects. If we want to choose a new altcoin project, we need to do proper research and be very careful, because almost all of them look good at first.

You mean 90% of the top 50 altcoins? because that's only way that math makes sense.

There are probably tens of millions altcoins been launched and rug pulled. If we are overly generous and say that even 1000 of them are "not bad". It's closer to 99.998% of the altcoins being useless / dead. And personally i would say number of altcoins we could ever need is probably closer to 5. And 3 of them don't even exist yet. You can argue what is needed, but XRP is not one of them i am sure.

[Josefjix]

Did you mention xrp among coins that experience ATH? Xrp did not cross the line but had a staggering movement for years today, if you are meaning to be having profit in xrp from that year you mentioned, then that's a different case.

Be aware that altcoin movement nowadays is different than before, the altcoin market flavors only bigger coins when reaching another momentum and forgets the others behind because they aren't the bigger players in the crypto industry.

What do I mean, only coins in the top 15-20 on various coin market cap only benefits during bull season, the rest altcoin only do well during their time of creating and listing, it dumps forever that.

[CODIcurrency]

@fikrett: You know nothing about "Cotidianus digitalis", do you? So maybe hold back judgement!

@JohnleMape: Cycle or not, one day people will ask what the use of Bitcoin is! And why they should put money into something that is neither "legal tender" nor anything useful.
So, no, Crypto isn't over, but it must evolve to survive!

[el kaka22]

These are obvious but very important points to make. Obviously you should get coins that have some value, and reason to be bought, like BNB is used for so many things in binance and also for its chain, which means there will always be people who will buy it, and there is burning too. Is it centralized? Surely it's centralized considering the power Binance has over it, but at least it has use case.

And there are over ten million dead tokens out there, so yeah most of them are fake and scams. And having an income would mean you will not sell your alts and can hold it for long term as well. And only investing what you can afford to lose serves the same purpose as well. These are all important things to know, and good points.