Only 9 of Top 50 Altcoins Have Outperformed Bitcoin Since Its Peak
(5 days ago) · 1 source · Summarized by CryptoBipto
An analysis found that just 9 out of the top 50 altcoins by market capitalization have outperformed Bitcoin since Bitcoin reached its most recent price peak. The data highlights how difficult it has been for investors to select altcoins that deliver better returns than simply holding Bitcoin.
WHY IT MATTERS
In crypto, "altcoins" refers to every cryptocurrency other than Bitcoin. Many newcomers assume that smaller coins will grow faster than Bitcoin because they have lower prices or smaller market caps. This analysis shows that picking altcoins that actually beat Bitcoin is very hard — similar to how most individual stocks underperform a broad stock market index over time. Think of Bitcoin as the benchmark, like the S&P 500 in traditional investing. Just as most stock pickers fail to beat the index consistently, most altcoin selections have failed to beat Bitcoin from its peak. This does not mean any particular outcome is guaranteed in the future, but it illustrates the difficulty of outperformance in a market with thousands of options.
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- cryptopotato.com
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