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 ?
Yes everything is vulnerable to drops, and everything is volatile.
The point with starting with established high-cap coins is that the volatility is less at the top of the market. If we have a crash, then BTC will likely fall less than ETH and XRP, and then ETH and XRP will likely fall less than some random coin outside the top 100. There is also plenty of junk out there, so sticking to high cap coins means you're far less likely to buy something whose price will just fall to zero.