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Altcoins Underperform Bitcoin! 👀
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- Come to the Underground Crypto Deep Dive Research Show, 8:30 p.m.
- Altcoins are competing against thousands of other projects for liquidity, users, developers, and of course narratives.
- In crypto, surviving multiple cycles is much harder than people think it is.
- While Bitcoin continues to remain relevant cycle after cycle.
Show transcript (2 sections, auto-generated captions, expect typos)
A lot of people enter crypto thinking altcoins are automatically a better investment than Bitcoin. I know a lot of people thinks this way. I've been guilty of this myself. But most altcoins actually [music] underperform Bitcoin over the long run. But why? Because Bitcoin doesn't have to compete for attention inside its own category. Altcoins are competing against thousands [music] of other projects for liquidity, users, developers, and of course narratives. Every cycle, new projects [music] launch. New trends emerge. That's a lot of different things to compete with. And the quit rotates, [music] don't forget about that one. And that's why most altcoins eventually fade away. While Bitcoin continues to remain relevant cycle after cycle. In crypto, surviving multiple cycles [music] is much harder than people think it is. Now, raise your crypto IQ. Come to the Underground Crypto Deep Dive Research
Show, 8:30 p.m. New York time, Monday through Friday. Saturdays are at 10:00 p.m. And let's raise that crypto IQ together.
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