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February 09, 2020, 02:24:13 AM |
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I was looking at the charts recently and noticed some interesting trends. In 2017, altcoins tended to outperform Bitcoin will still following it - so at that time they had a reputation of levereged Bitcoin investment, since they also tended to fall harder if Bitcoin falls. But today we see a different picture - while Bitcoin grows, alts fail to grow at the same rate, and they still fall hard when Bitcoin goes down. This means that alts have increased risk and reduced reward when compared to Bitcoin, and having high risk and low reward is very bad for any investment.
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