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 ?
I have invested in all sorts of coins. And with my experience, I can say that investing in top ranked coins are safer. Crypto market has been dynamic and holding top ranked popular coins would yield you profit some day. They won't generally decrease from their current price to worthlessness as most of other new coins go through.
It's harder for whales to move the overall price and there are no artificial pumps and dumps.