Is there really a way to determine what all projects/coins will survive? I wish to invest now but I am really skeptical. Does the 'top 5-10' rule always work?Is it advisable to follow this rule blindly?
In a worst situation and newly formed projects can get hampered a lot with this. Because they are new and they have no volume as such in the start period. With the time, bear market can worsen this situation for them and thus things can go wrong with it.
I believe that its mostly bitcoin on what other markets are dependent really. Whenever bear trends starts to follow then BTC is the one who gets down first and then all other altcoins. The only coins that survive this after shock is the one with huge volume. So look after the volume and nothing else.