I Just Browsed Through 1100 Cryptos from 2017/18 Bull Run Ranked 400-1500 and not one gave you any return to brag about.
The best one, and the only one that gave you more than 30% was WETH(Wrapped Eth) which was a 101% Gain.
The other was a low volume coin called Hubii Network which miraculously I bought back then for a legit reason. Something about being legit partners with a massive telecommunications company called Telenor. I bought $100 worth at around $1.10 lol. Im up 40% Woohoo. That's a whopping $40 gain right there.
Seriously. The chances of getting a decent return picking from the top 100 or 101-200 ranked during a bull run is roughly the same. After that it's a huge drop of from 7 coins giving you anything to 3 coins, and then next 200 only 1, maybe 2. After that you're at 1 in 1000 shot.
So if you're poking around in Shitcoin Land for a diamond in the rough… with a little good research you're probably at best 1 In 500 shot at not losing money for something that's giving you very little rewards.
The best ways to get in for returns outside of the top 300 is to test the waters with new releases that have been around for only a month or two. or sticking with the top 300.
Another thing I noticed is that incentive based platforms do really well in return when you're an early adopter. For the most part it's a 8-10 chance for anything popular. Another reason to Hold moons.