I sold all of my bitcoin and most of my eth in early 2024 to buy alt coins. Huge mistake.
The only coin that I have that is holding up is bittensor Tao, and maybe sui(I’m about even on sui, haven’t gain or lost anything from where I bought). The rest of the coins I bought are all down 90% or more. Most aren’t going to survive.
Just buy Bitcoin and stocks on the s & p 500, hold them long term. So long as you are going to be holding at least a few years you will come out ahead. Try to buy dips obviously .
I’d avoid the crypto space if you were thinking of buying now(bitcoin, eth, and a few others like xrp and xlm, hopefully Tao should be good long term, ). I lost big time on “safety pick” coins like Kas, Tet, aitech, alph, mintlayer, and others. There’s nothing safe about crypto.
I guess Kas as the project is still going, it could come back but not looking good right now.
Look at it this way, Bitcoin really is a hedge against inflation.
I still talk to cynllo, the member that helped start Christ is king website, he sold all his coins yesterday, he held onto Tao and one or two others, he had invested a lot more than I did, unfortunately he, like everyone else lost a lot as well. There is still some hope for Tao I guess but I mean, much better to be a Bitcoin maxi and just buy and hold. Or buy the ETFs if you’re unsure.
TLDR avoid alt coins, there’s too many coins and too much trash. Buy bitcoin and hold long term and you’re fine. Or buy stocks.