Now, during the crypto-winter period, I increasingly see people's opinions that in order to preserve value, to diversify their investments, you need to invest in the top 10 cryptocurrencies, because they symbolize reliability, and value and definitely will not leave the market.
I believe Bitcoin maintains its position as the number one crypto because of its true decentralization in nature, consensus, and no censorship. However, all the top 10 cryptocurrencies on the CMC list may not leave the market but it's not all of them that are good for long-term investors, especially those that are centralized.
But are these people wondering if the cryptocurrencies they see as diversification will still be in their top 10 spots in, say, 3 years?
The CMC slot from 2-10 always changes every 4years and I don't think the slot should be the main focus if their investment yields something profitable
Leaders change, depreciate, get stuck in terms of development and price growth, and only one asset remains unchanged. Bitcoin.
This is one of the reason why investors are advised to make Bitcoin the top of their list