The second anybody mentions investing & hodling in the top 10 coins , what comes to mind is playing it safe!
If you looking for less risky and less volatile coins this is the right place to look, but if you want higher rewards with a touch of risk...then you need to look beyond the top ranked coins, probably go even beyond top 100 coins to catch the perfect storm!!
Btw history has shown that over the years, months or week coins with the best positives(Return on Income ) usually come from the little known coins as these have low liquidity, cheaper to buy and whales will be out to buy such as they will have much control of how these small coins behave.
Playing safe has a whole new meaning in crypto. Anyone who comes from tradtional markets doesn't see any of this as "safe". Maybe after another 10 years people will see this field as fairly normal and mature coins as "safe", or we are living the last golden days of crypto and this will be all over somehow.
You seem to be so close o48o - yet also so far.
The safest asset in "crypto" is bitcoin.. there is nothing even close - even though various shitcoins might pump and dump around the price of bitcoin, there are no fundamentals to give the various shitcoins value beyond how they are pumping around bitcoin and how they are tied to bitcoin, even if they might have some short-term periods in which they pump more than bitcoin...
And the other thing is that you are likely correct that people who have traditional wealth are struggling to figure out where to place various aspects of their value, whether it is in equities, property, commodities, bonds (and cashlike products) and crypto.. and within the classification of crypto, there is likley no need to go beyond bitcoin .. even though surely there are folks who want to diversify for the mere sake of diversification and they might believe that there could be some value to diversify in within crypto when there is no real need to go through such additional diversification since bitcoin already captures the space and already provides whatever possible (and likely) lack of correlation to those other markets - even when a lot of people get confused in regards to the extent to which bitcoin is correlated to those other markets or not, which largely seems to be a failure to zoom out and a failure to understand bitcoin.. ..
So maybe there could be some smart people who might figure out ways that value might come from diversifying beyond bitcoin within the crypto space, and likely they would have just gotten lucky rather than really seeing where the value is at and where you want to put your wealth (at least the crypto portion of your investment portfolio) which is likely almost exclusively into bitcoin - except maybe some small ventures into some other shitcoins that might be seen as a kind of outlier possibility.. and may or may not be in the top 10 of coins if there might be some ways that they might be considered to be something to include whether on a shorter time line or maybe even a longer timeline. .
....but it would likely best to be quite judicious in terms of making choices beyond bitcoin and for sure there are some interesting attacks going on in recent times that contribute to quite a bit of uncertainty regarding more banks to go down or even more banking relations (whether in bitcoin or crypt) or even delisting of coins on exchanges that could cause exchanges to shut down or to relocate or even to rug pull users during these kinds of times... so of the outcomes could relate to things that might actually happen, but sometimes there can be contagion and snowballing that merely comes from things that are thought could happen.
I think it is a very good tactic than holding a coin that is new and not listed on CMC or in coingecko, CMC is a very good apps to track a coiin to know the records the marketcap etc., So if we are buying a top 10 listed coin CMC that is more secure than a new coin but still we need to take care because many coins are deleted on cmc for some reason always DYOR.
In the current situation, I think the word "DYOR" is too much of a last resort to make things that are actually risky seem normal.
For example, when in Shitcoin and getting instant profits there we always say that it is a very good thing when following the hype and maximizing profits there but on the other hand when we are trapped in that, of course the same reason continues to repeat itself and is considered normal because of the word "DYOR".
Even if it does say that as a reminder that we should research further but that doesn't mean it can be used for all conditions I think.
Being in shitcoin many times and continuing to fail as if everything is okay because of DYOR I think it really becomes a condition where everything seems to repeat itself and those who do it never understand and learn further that being there only costs time, energy and money. The high expectation of the shitcoin pump sometimes always blinds the eyes that something like this even though I wouldn't say this is wrong but I think it's a little bit inappropriate.
DYOR should translate into figure out bitcoin your bitcoin strategy first before even considering investing into shitcoins, and if you invest into any shitcoin, be really sparing in regards to the shitcoin(s) that you choose.. and perhaps some DYOR might help, to the extent that pumpamentals can even be figured out - if anyone is investing based on pumpamentals.. or if they come to the conclusion that some kind of a shitcoin has long term staying power and they have a possible long term investment into that shitcoin based on its ability to have long term staying power, and yeah if a lot of shitcoins are being invested into, then surely it might not be possible (or easy, or practical) to DYOR on each of the coins, so we likely realize that people are not really engaging in DYOR... especially if they have not even figured out bitcoin first, because if they figure out bitcoin first, they may well realize that they do not need to DYOR on various scam projects that are in the space (whether in the top 10 or further down the CMC list of shitcoins).
The second anybody mentions investing & hodling in the top 10 coins , what comes to mind is playing it safe!
If you looking for less risky and less volatile coins this is the right place to look, but if you want higher rewards with a touch of risk...then you need to look beyond the top ranked coins, probably go even beyond top 100 coins to catch the perfect storm!!
Btw history has shown that over the years, months or week coins with the best positives(Return on Income ) usually come from the little known coins as these have low liquidity, cheaper to buy and whales will be out to buy such as they will have much control of how these small coins behave.
This situation is directly proportional to the expectation of the person. How many x can a coin that has entered the top 10 and proven itself can do in total. If a certain amount of increase is enough for the investor and does not want to take too much risk, he may prefer these coins. Such investors can split their money to buy certain coins. I give an example; Let them allocate 60% of their money for the top 10 coins, and the remaining 40% for lower ranks or new projects. I think it makes more sense this way. Every investor should act with their own decisions, so I don't think I will buy all the top 10 coins directly.
In order to catch large increases, as you said, the coins after the first 100 can also be looked at.
Oh gawd.. lots of dilution in your various proposed possible strategies there eightdots. Sounds pretty dumb to go beyond buying one or two coins, besides bitcoin, but hey whatever, normies have their theories and their ways to make sure that they ensure that they continue to persist in their condition of having fun staying poor.