Historical data shows that a ‘Bitcoin only’ investment strategy has performed considerably well over the long-term compared to an altcoin portfolio. Altcoins offer potentially lucrative investment opportunities, but they are subject to volatility and unpredictable shifts with regulatory uncertainty hovering over most tokens. Altcoin investments were profitable only two times since 2015, in 2017 and 2021, when the altcoin strategy gained a significant edge due to the outperformance of ether (ETH) and XRP (XRP) and during the Dogecoin (DOGE) and Shiba Inu (SHIB) hype.
– ‘Bitcoin only’ investment strategy has performed considerably well over the long-term compared to an altcoin portfolio.
– Altcoins offer potentially lucrative investment opportunities, but they are subject to volatility and unpredictable shifts with regulatory uncertainty hovering over most tokens.
– Altcoin investments were profitable only two times since 2015, in 2017 and 2021, when the altcoin strategy gained a significant edge due to the outperformance of ether (ETH) and XRP (XRP) and during the Dogecoin (DOGE) and Shiba Inu (SHIB) hype.
