People who think it’s a good idea to invest in altcoins now, watch this

This is the lowest point of the 2018 bear market: https://coinmarketcap.com/historical/20181216/

Out of the top100 altcoins 95% of them did perform WORSE than buying btc and switching to newer alts (Dot, Kusama, Uniswap, Pancakeswap, Axie Infinity, Avax, Terra, Sand, etc) in December 2020 after bitcoin broke ATH.

And that’s BUYING THE EXACT BOTTOM, if you’d have bought a month earlier, the results would’ve been even worse, because alts drop more than bitcoin.

The lesson here is, maybe you should DCA in bitcoin/ethereum and leave alts for next year or for when btc breaks ATH, because now the risk/reward, even if it’s better than a few months ago, it might be not worth it.

That’s just my opinion, not financial advice, just check the data, do your own research and think about it yourself.