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 ?
Of course we always invest in top ranked currencies for a variety of reasons:
- Many investors will have a high price
- Risk reduction.
- Sell out easily and quickly
For example, now you buy into bitcoin and ethereum is very good. These are all the top currencies.