‘Bitcoin Only’ Buy-and-Hold Investment Strategy Outperforms Altcoins Over the Long Term — Analysis Shows.

Historical data shows that apart from a few times since 2015 when altcoins outperformed BTC, a ‘Bitcoin only’ investment strategy has fared considerably well. Here are the most important things to know about this topic:

1. Bitcoin has consistently outperformed altcoins in the long run: Despite occasional periods of altcoin outperformance, Bitcoin has consistently been the best-performing cryptocurrency in the long run. This is due to its strong network effects, brand recognition, and first-mover advantage.

2. Altcoins are riskier and more volatile than Bitcoin: Altcoins are generally riskier and more volatile than Bitcoin due to their smaller market capitalizations, less established networks, and greater susceptibility to market manipulation. This means that while they may offer higher potential returns, they also come with higher risks.

3. Diversification can be beneficial, but not always necessary: While diversification can help reduce risk in a portfolio, it is not always necessary or advisable. In the case of cryptocurrencies, a ‘Bitcoin only’ investment strategy has proven to be a reliable and profitable approach for many investors.

In summary, historical data shows that a ‘Bitcoin only’ investment strategy has fared considerably well over the years, despite occasional periods of altcoin outperformance. While diversification can be beneficial in some cases, investors should carefully consider the risks and potential rewards of each asset before making any investment decisions.