The same lessons keep repeating themselves. Investors are being reminded of just how volatile the digital asset ecosystem can be. The market for cryptocurrencies reached a peak valuation of around $4.4 trillion in October last year. Today, the market cap sits at $2.4 trillion, a loss of 45% (as of Feb. 18).

The smartest investors are sharpening their focus, figuring out what portfolio moves to make amid the turmoil. Here’s one high-conviction crypto to buy and one that should be avoided like the plague.

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Buy the dominant cryptocurrency

Investors should consider buying Bitcoin (BTC 2.82%), the world’s leading digital asset that has pioneered the…