What is the right way to update Anaconda and Conda base & environments?

Question

Just wondering as what is the right way to update Anaconda and Conda installation and virtual environments. Here is my confusion step by step:

1. When I run command <

Answer 1

The other way in is simply,

anaconda-navigator

The resulting GUI image is below, the only difference with respect to this question is where you see "Installed", there is a drop down menu for for "Updatable" and therein you simply click the dependencies for updating for any given environment.

General info

I'm sure everyone knows this, but for anyone who doesn't Anaconda navigator is a point and click GUI already part of the Anaconda and is simply brilliant for managing, installing, updating and deleting all the dependencies.

With respect to the question it is great for managing all the dependencies inside new envs, creating new envs, loading new channels. It works great remotely via X11 if you have Anaconda loaded on a remote cluster/server.

The bonus for me is that I've never known it fail.