I do own a healthy amount of top tier altcoins, and some BTC, but the most profit is made with low cap projects who does 10x - 100x or even more.
I've accumulated a fair bit of BLOCK, who's the only project who runs a truly decentralized exchange with no point of failures to this day. I did research: Bisq, Waves, Binance, IDEX, and many others, but they aren't decentralized which is why I decided not to invest in them.
Another project I've looked at is XLQ, high gamble, but they recently got a company investing 1 million euroes in their new exchange platform, Bitfineon, so it might be a good move.
Anything else?
This is a fact when I always believe in what they say, until its price drops more than 50% and then 30%, ... until my assets are only $ 300. WPP, PDATA, Banano, ... I would like to remind you once again, to invest successfully in the crypto market, you should only choose the alts listed in Binance or Huobi. because these exchanges only select potential projects and have good teams.
If you lost $50k you sure did invest in trash projects, or perhaps you bought at the wrong time.
I was here when Blocknet reached $50 back in 2017, and knew it was overvalued, since all they had back then was a DEX. I promised myself, that if Block ever went below $1 again, I'd buy a masternode, securing myself a spot to run their DEX.
What you say is partly true, however, Blocknet is not "overhyped" at all, and frankly, the majority of the volume you see on projects today is wash traded like no tomorrow. Only the top 20 projects is actually traded in the millions of dollars per day, a lot of it still being wash trading, or arbitrage.
Crypto is more or less at a stand still, but I've got no doubt that a LOT of promising projects, including Block, will make it, since they actually have WORKING products, over projects valued 100x more with NOTHING to show for it.