Yes, it's true. Many people pin their hopes on altcoin investments, but the situation is very different now. The more they hold on to them, the more their prices plummet, especially since many of them were printed haphazardly and lack any developmental character.
That's because most altcoins are driven by hype. Not real utility. Once the excitement ends, it will be bye-bye to altcoins for good. Only a tiny portion will survive. That's why it's always best to diversify your investment. Put most of your money into Bitcoin, while keeping the rest into alts.
For short-term trades or seasonal hype, altcoins do wonders. Whales and insiders often know the rules of the game, which is why they're always so successful with altcoins. The rest of the people aren't that lucky, because they're blinded by greed. The majority selects a random altcoin with the hopes of getting rich quick. All without doing prior research. Don't make the same mistake. You'll thank me later.
