How is this hee.
Are you doing your homework?
In the bulls, people settle on the large coins due to the fact that they assure you in parentheses that they won't go to zero (quickly) if the play goes wrong.
If it goes up, you can put in a X2, X8, etc., but if it goes down, the drop is slow and gives you time to exit.
In new assets, you can luck into a X10 or X30 in a day. But the chances of taking a -70% hit in a day are very, very high even with the best risk strategy.
These large coins are the true inventors of cult coins, where many have been through more than 1 cycle.
That is indeed cult.
Personally, it's sold to the market of new coins that come out under the cult title, to attract capital.
But come on, how can you have a cult for a coin that has been around for 2 months. š¤
In this cycle, the main player is the institutional market.
And where do you think the institutional market will put its millions?
In the stock market, I've seen it throughout history.
They put millions into Apple before the poultry farm "chickens on the run" that can give you a x100 but also -99%.
Because the blue-chip backs you up so that the drop doesn't destroy you in 15 minutes.
Play intelligently and you have to adapt to your times.
I see that most people talk about the market and strategies as if the reader has 24 hours a day available to play the furious investor.
There are many who hit a homerun in the market, but they spend 24 hours looking at charts and you don't have that time.
The general public works, works all day, and only has time on the weekend while the witch went to your mother-in-law's house.
So you must understand that if you don't have time, you can lose everything if you operate in a volatile market.
Your time is not the same as mine; you should ask yourself how much time you have available to dedicate to crypto?.
Regards, DragonCrip š