$CMC After this round of explosive and disastrous market movements, the hype around altcoins has truly been disenchanted. If you really want to buy altcoins, there are now better options like CMC20 as an index choice.

It's important to know that companies that have been around for decades are few and far between, and projects that last more than 5 years are even rarer. I used to say that SOSOVALUE's MAGA7 index in the crypto space was pretty good, but after all, it was produced by a small platform. Now that CMC has launched an on-chain product that can be purchased, I think it's already very safe.

I estimate that maybe this year, various CEXs will launch index tokens, and future crypto investments will increasingly favor leading projects. Just like Charlie Munger's saying, buying stocks of generally cheap companies is not as good as buying stocks of fundamentally sound companies. The same logic applies in the crypto space. The biggest advantage of buying an index is that you don't have to worry about projects being hacked, running away, or going to zero.