Quote from: Tony116 on November 11, 2022, 03:52:36 PM

Quote from: albon on November 11, 2022, 03:37:09 PM

...so I advise you with the top 100 altcoins in the market better than the new altcoins because they are safe.

In my opinion, investing in altcoins is equally risky, even the top altcoins such as Luna or FTT have collapsed quickly, it cannot be said that the top 100 coins will guarantee your safety. Apart from bitcoin, I think we should remove all old altcoins from our portfolio. Perhaps ETH and BNB are the altcoins to hold and the rest is better to stay away from them. After the death of FTT this time, I started to lose faith when investing in bear season altcoins including top altcoins.

True, the story with LUNA and now with FTT is indicative of many other coins. But I think it's a good example to choose projects by excluding some parameters. For example more decentralised, with limited emissions and no known owners. Of course bitcoin is less risky asset than altcoins, but I am sure that some new projects can show very good growth, unlike bitcoin. The problem is that cryptocurrency is becoming less and less trusted.