The short-term rise of alts is so high, it can easily pump several times, so why is everyone still unable to make money? The main reasons are as follows:

Too many people now expect altcoins to rise by 5 times, 10 times, or even higher, so even if it rises by 3 times, you still feel it's too little and hasn't reached your psychological price; therefore, you hold onto it without selling, and it starts to drop, with profits falling from 300% to less than 100%;
You still firmly believe in waiting for a rebound, and after a long wait, it finally rebounds, your profit reaches 280% again, and you think the wait was worth it;
Because you didn't give up at the low point and have persisted for so long, it finally rebounded. You believe it is about to explode. As long as it breaks the previous high, a 5-10 times profit can be easily achieved; firmly holding and still not selling;
A sudden wave of minor correction, do you think this is a technical correction before the pump? It has rebounded and risen for so many days, a technical correction is very normal; moreover, it hasn't broken the previous high, so there's no need to worry about a big drop.
Sure enough, the next day it rebounded a bit again. Just when you were thinking that ( really is like this, ), it dropped a little again. You think it's a trap to lure shorts, and indeed it rebounded a bit again, then a big drop followed. Your profit dropped to 200%, and after a week of slowly declining, your profit went down from 200% to 100%;
You think that after falling for so many consecutive days, a small drop like this should be followed by a rise; unfortunately, when the waterfall comes, your profit slowly changes from 100% to 50%, and you feel unwilling to accept it, buying the dip at a low point, only for your profit to gradually drop to -50%, and you are completely trapped.
This is why alts have such a large profit margin, allowing for a several-fold pump in a short period, yet most people are unable to make money.

But from another perspective, if you view alts as Bitcoin, keep your expectations reasonable, with the goal being double the profit.
It is very likely to achieve double profits in just a month, while holding Bitcoin may take years to see a double profit.
The risk of betting for double the profit in one month is definitely much smaller than betting for double the profit over several years. In this regard, alts are more stable.