Two months ago, I decided to "play" to see how the world of crypto was going and I invested 850 € (plus the cost of the cold wallets).
I divided it into 20 cryptocurrencies plus bitcoin. I put between 25 € and 60 € in each of them (a bit more in bitcoin 😔).
I found it interesting to opt for private coins, given the excessive control they want to impose on us in Europe (digital euro and more).
I believe that privacy against governments is an area that will become increasingly important every day.
A couple of weeks after buying the cryptos, a millionaire (I don't remember the name) said that "ZCash" is the substitute for bitcoin.
Two months later, I find that: 48 € in #ZEC is worth 688 € 40 € in #DASH is worth 170 € 60 € in #FIRO is worth 380 € 43 € in #ARRR (Pirate Chain) is worth 147 € 23 € in IRON (Iron Fish) is worth 43 € 46 € in #XMR Monero is worth 63 €
In the rest of the cryptos (15 including bitcoin), the result has been disastrous. Everything else is losses.
…in summary, as a novice, I get the feeling that the most important thing is the "whales" and knowing how to swim with them…