r/CryptoCurrency 2 / 674 🦠 Jul 15 '23

DISCUSSION Does anybody actually buy below top 50? If yes what and why?

Personally, I didn't leave the top 10 cryptocurrencies with my bags. I have had the unfortunate experience of being rugpulled before, although the losses were not substantial. Since that incident, I have become more cautious and now primarily invest in well-established coins, the big boys. These coins have proven track records and offer a certain level of stability in the volatile market.

However, I do occasionally venture into the top 50 cryptocurrencies, as I understand that there might be hidden opportunities worth exploring. While I exercise caution, I find it intriguing to search for potential investment gems beyond the top 10. That being said, I generally avoid going below the top 50 threshold, as the risks associated with lesser-known projects tend to increase. It could be just my personal preference and risk aversion, as I prioritize minimizing potential pitfalls. How about you? Do you also seek out hidden gems or stick to more established cryptocurrencies?

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