Post
Topic
Board Speculation (Altcoins)
Re: Do you always invest in top ranked coins?
by
iconoclast
on 14/11/2018, 07:02:11 UTC
Hi Everyone,

As advised I am trying to learn the basics of crypto first.

Most of the suggestions mention investing in top ranked coins. My question is, does it always work? As far as I understand, the market is vulnerable and affects almost all the coins from top to bottom. How then you determine which ones would stay ?

It is a strategy for those that are not capable of doing a real investment analysis. If you are unknowledgeable and just want some general market exposure then investing in the top coins by market cap or even better a fund that tracks the top coins may be the best strategy. If however you have some skills and are able to determine what will seperate the winners from the losers then investing in the smaller cap coins that are highly undervalued can offer significantly better returns.