I think alt coins can still be profitable if we will just study it correctly. We just need to be sure of it's popularity, its ability to earn investors. And it's unique features. If we see good things in this aspects. Maybe we should give it a try. We can have a chance to be profitable in this industry by being wise trading alt coins.
Popularity doesnt make the coin succesful in the long-run. You need to learn trading if you want to make money in this current market situation.
The popularity of the coin still matters also, because it is popularity that will make people to hold more of the coin than other coins that are less popular. Let’s take a look at it from exchanges, we all want to associate with popular exchanges, and that is why you see majority of all people like to trade ion binance, and because they know that they are popular, people keep joining them to create more popularity.
This is going to be the case of coins too, for a coin to become popular, it means people must have first believed in the team, the project product itself and must have also seen the exchange they are on, which will give it lots of volume that will make the trader of the coin to be able to get enough profit from transaction he does with the coin.