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Right & that leverage or margin goes down each passing day as more (normal) users invest in crypto. Of course there's always squidgame & similar con schemes
Basically the more money is pumped in crypto the harder it is for one whale or even a bunch of whales to manipulate it, in that it's kinda similar to the stock markets! That is not to say they can't do fake news, or tweets, & crash it overnight but it's less of a problem if billionaires are already heavily invested in many of them.
I'd argue, if & only if you are looking to invest, just go with the top 10-20 biggest coins by market cap. They're "relatively" safe simply due to the sheer amount of money invested already. Again YMWV & do your due diligence.
Yes, that is what I always said, top 20 coins is pretty safe long term, the real issue is if the project dies, people lose lot of money, however I always say to people to play both sides, do not expect this to keep going up for longer(bullrun) and if bearrun do not expect this thing to keep going down for longer, everything has a limit and real world issues like inflation plays a large role here, people will take 10 to 20% their fiat and reinvest in something they think will help them in that regard.
I'm totally in favor of people who bought btc for 10 to 20k and sold for 30 or 40k, now too much greedy will make them blind to the truth, everything in life has a limit. Those people who bought for example at 20k and sold for 30k are already protected if inflation hits. If you stay too long gambling then you might lose a lot, like what i said earlier, many people who bought at 10k to this date still have not sold, they want to sell at 100k or higher and that is not protecting from inflation, that is pure gamble. Anyway, that will teach them, in 2018 I decided not to sell my last 20% on eth and in the end I lost a lot. I mean seeing the price of eth 1400 usd january 2018 and few months later at 80 usd was painful. That was a 95% crash.
