Your life will be so boring if you don't engage with those shitcoins around, since sometimes there are short term gem among them and you will miss a lot of profit if you stick on bitcoins or top alts only.
yes i know, but do you know that those numerous altcoins that basically have no firm are those that causes lost when you invest without taking notes of the project first.. actually they have advantages and disadvantages, if you invest...in Bitcoin no matter how you invest on it, you most make profit, except you are inquisitive or in panic to sell because of downgrade information.
We know its high risk investment but if you know how to play the game and cannot be FOMO or FUD for sure you earn some good profits with it so do your own research before engaging with this and to avoid scams.
actually, you should have known that before you engaged into cryptocurrency investment, the primary agenda or focus should go directly to know how good is the project and also know how volatile is the particular coin you want to engage or adventure into.