75% of crypto investors don't understand that projects like Solana, Cardano, Doge, SAND, XRP, Avalanche did a 100x in this recently past bull run and it will never happen again, not even 20x I believe, those who have been in crypto space since 2017 will understand what im talking about, every four years a new adjustment is always made to Top 20 lists on Coinmarketcap, new breeds will take over.
Get rid of the old stuffs and hunt for the next 100x, not a financial advice but DYOR.
I would say the right project to invest in always depends on the goals that you want to achieve. While it is probably true that all those big and established projects that are already in the top 10 in terms of total marketcap will probably not do another x100 from here on at least not in the short and midterm future, this does not mean that they are not suitable to invest into and that they can't give you a good profit.
If you are really looking for x100 moonshots then you need to invest into new projects, but of course you also need to be aware that only like 1 out of 100 new projects will do that x100. So the chances of loosing your complete investment are very high here.
Also i do think that projects like Cosmos for example can still do a x100 from now on. Of course not in the next few weeks, but over the next few years.
Agreed, it might be safer to put money into something that hasn't seen a bull market yet and pumped or has declined 90%+ but has good partnerships and developers are still active. I think both ICP and XRP are safe bets with huge upside.