The bull market is approaching and after that, the altcoin season will start as it has done in other bullish time for the market. Everyone has to be planning for what they'll buying in preparation for the bull run therefore I have a question for everyone. What altcoins will you be buying in preparation for the altcoin season if you only have limited option to choose between investing in old tokens, projects that were launched before or during last bull market or tokens that were launched between last year, this year and the next year. Let assume you only have $1000 and you can put this money in 1-5 projects but they all have to be either old tokens or new tokens that you'll be buying. Which one will you go for, for those that will think they can choose the two type of projects, that won't be possible. I'm trying to see where the attention of investors go when selecting tokens to invest into for the altcoin season.
My advice to you is to distribute your money in many coins and tokens, do not let the belief of old or new ones cloud your judgement. Mind you, no one can say emphatically that the old or new would perform better, it is all about following our instincts, and the project quality and letting luck play its role. You can see this in the last mini-bull run that happened across the market board, some old projects moved well while others didn't, and the same thing goes for the new projects, so we have to be smart and be more diversifying than believing in any coin's age. And for the mini-bull run's hint, the smart investor must have known the coins and tokens that people are appreciating the more.
They are all on your crypto chart, just go and take a glimpse of them to know the ones that performed better in the last mini-bull run that happened in the second half of 2023. If I were you, I would consider some factors in selecting these coins. First, I will make sure that I invest in at least 10 coins/tokens, and I will invest in them depending on the class of crypto asset they are. It could be for the Scalability, AI, Web 3, Game and other sectors. What I will do is find the most popular ones in that category, it could be one or two in that category. I will now relate them to how best they performed in the recent mini-bull run of last year. I think this is good enough for anyone to select 10 coins/tokens that will be spectacular in the next bull run.