I only collect the Topps base set and any update set each year to keep my run going. I also do the Topps Heritage set each year in master form, which does not include Chrome or manufactured variations. The other stuff is a mystery to me as well.
There is a lot more discussion of new stuff on CU ( PSA) that I don't follow too closely. There is a guy , Arthur, who posts as a Cheeseburger here, that I would go to for info on new stuff info. If he did not know, he might know someone who does. There are surely some others here as well
The money being spent on some of the newer chase type cards is as mysterious to me as Bitcoin. If I don't "get it" or understand it, I avoid it.