Many people lose money on altcoins and meme coins with the hope of making x100 x1000. Maybe a handful of lucky people will come across and make good profits, but 99% will lose money. Most of these coins are empty coins that are manipulated, have teams and influencers who care about their own pockets and do not even have projects behind them, so most of them are even below their prices of 2-3 years ago.
If you want to make money, you need to get out of the mindset of getting rich quickly. Think about it, if altcoins will increase by 50 times, 100 times, why do big companies and even countries buy coins like BTC, Eth instead of collecting altcoins and not collect altcoins?
80% of my portfolio consists of btc, eth, bnb and sol. My favorite coin is BNB, as those who read my old articles know. I have been collecting BNB for 2-3 years, most of the shitcoins were even below their prices 2-3 years ago, BNB I bought at $200-250 is now $700 and has provided a lot of passive income in the process. For example, today I will earn about 68 OM coins from the BNB lock ranking since I only locked BNB, I farmed about 40 bios from launchpool and now a megadrop announcement has been made. It is like killing 3 or 4 birds with one stone. At first, these earnings may seem small, but as the number of BNBs you have increases regularly over the years, they grow like a snowball and start to provide serious earnings. There is no easy way to wealth, unfortunately, that wealth begins to form over the years with patience and consistency.
Only 20% of my portfolio is in altcoins with low market caps that I can afford.
I do not recommend you to get involved in leveraged transactions anyway, it is a kind of gambling because in crypto, it is analysis, line, support, resistance, I do not believe in any of them. In gambling, the house always wins in the end, if it gives 1, it takes 5 back.