Another way of looking at it is to treat it like startup investing.

9 out of 10 startups fail statistically but individually there are ways to increase the likelihood of a startup “investment” to succeed. The decisive factors are team, market potential and product.

Same criteria can be applied to Crypto “investing”. For example a VC-backed project statistically has a higher chance not to fail than a ‘random’ Crypto team.

I elaborated on this line of thought here:

https://danielschmitter.medium.com/001-invest-like-venture-capitalists-a-financial-home-run-is-part-of-a-strategy-and-not-luck-1a1725618b0e

Would be delighted to get your feedback on it.