It is possible to see good number of people lucky to make big money out of altcoins that weren't known to the community. For some reason investment were made and the same coin reaches the peak in short time period giving good return on the investment. This way the selection of altcoins for investment is a big process than just investing on bitcoin and staying on the safer side.
There are 1 percent risk management strategy and 2 percent risk management strategy for trading. There are many videos playing around on YouTube and websites. So there's risk in every scenario, but still, we've got to face it because wherever the high risk leads to high earnings in crypto, The price of crypto currency is largely driven by what investors think the price should be. Investor sentiment is pretty fickle because it doesn't have any intrinsic value. All of these changes in our sentiment are going to translate into a huge movement in the prices of these things. That instability might not make crypto currency the best fit for every investor. Scammers: whenever a boom happens and people start making tons of money, scammers come along looking to take advantage. For all the legitimate crypto brokers, you'll see there will be just a few, if not more, fraudulent ones. All these risks might not make crypto currency the best fit for every investor. Cryptocurrency offers exciting opportunities and is already shaping the future of money, but make sure you do some studying before you start buying.