I am active again after a while and a lot has changed but the apathy of tier two altcoins remains same and it's absolute sham because most of the tier two altcoins have hit rockbottom and to a point of no return and some trusted coins like LUNA, FTX, Celsius, and BlockFI etc where people have lost their life long savings and on the other hand we have tokens like Solano, XRP, XLM, BNB, ADA and Matic who are heading on path of recovery. It's clear that you go with top altcoins (even this involves risk like fate of LUNA, FTX, etc) though there are slight risk of losing but probability of losing everything is even more in other altcoins whose prices are dipped within few seconds after their launch. It's better to invest in established coins rather than newbies.
Please share your opinion.
Of course it is better to invest in established altcoins than new altcoins. We know that investing in cryptocurrencies is inherently risky. To invest, you must invest with risk. But among established altcoins I will not talk about investing in all coins I will only talk about investing in Ethereum, Solana, BNB among established altcoins. And all other altcoin investment can be done by you or anyone at their own risk.
What makes most people invest in Altcoins is usually for the big pump often experience in the market mostly by these new Altcoins coming on board. Since these top Altcoins are slightly oppportunned to give a big pump in a short time most people will prefer taking the risk of purchasing new Altcoins because they haver higher chances of pumping their investment. It becomes our decision to take on the risk or grow our investment with top Altcoins that have higher chance of surviving the market volatility.