latest price dips has been setting me up to get the best of the market, i've been accumulating quite the amount of coins and i'm pretty sure that i'm ready for the upcoming altcoin season though it may or may not come, to be fair right now price of altcoin are already quite elevated but the recent dips has been giving an opportunity for adding some coin into my investments.
I'm feeling the pressure not to miss out on this bull run. I'm confident in my portfolio of solid coins, but I don't think they're quite cutting it. I want my investments to bring in serious wealth. I've heard about meme coins making people rich overnight, but I'm a bit wary of jumping into that arena. By the way, do you think older coins will see the biggest price surges compared to newer ones? What are your thoughts on this?
I think the old coin will have the best place and I am sure it will find an ATH in the future. because there are still many old altcoins that have not shown growth on the exchange market. and in my opinion meme coins have a very high risk even though many of us have made big profits from them. so choose altcoins that have strong fundamentals and that have been able to survive for a long time in the crypto market.
long time existing could also mean the end of its lifecycle for many of the old altcoin that are below top 5, its the hard truth, some coins tanked, their trading volume decreased so hard it literally on the brink of delisting. at that point I better off going with the newer coin that still have really small chance to get delisted from big exchange because well they are new, thats when investing in old coin doesn't really mean anything anymore or it could mean the opposite of your expectation.
the only coin that have been existing for long and can be invested without much worries are probably the top 5 or the top 7 if we stretch a bit at least they got trading volume that is still massive about hundreds of million of dollar is good enough for long term sustaining.
so definitely i will rethink again my decision about investing in old coin other than bitcoin, ethereum, solana and BNB since usually these 4 are the one that make the most gain in bullrun.