When finding a new coin, should the percentage the top holders earn influence your decision to buy in. for example if the top holders own > 50% ?
Yes, it may be one of the considerations that we must think about, who is the holder, how much, and how long.
It will make us think realistic and more logically about the strength and weaknesses of the projects.
But if this is about Bitcoin, I think that there is no problem or no matter for holding.
yes, greatly influenced my decision to buy the altcoin. because if you get the top holder owning more than 50% then you have to stop and take the decision to ignore the altcoin so you don't lose assets in the future. try to learn about good altcoins then you won't find the top holders own more than 50%. so if you want to buy an altcoin then look at the top holders owning as much as 10-20% only.
It is moreover for special new token or coin from new projects, exactly we must double think about this. If a higher amount of percentage or mostly percentage are held by an only a certain person, it will also influence the value and probabilities of market manipulation. And maybe it will not be good at all for the long term inevstment