Your Altcoin Is Dying, Son
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In this video, I discuss the history of altcoins, their performance relative to Bitcoin, and what makes Bitcoin a unique asset.
From cycle to cycle, the top 10 crypto by market cap is constantly changing, with the one exception of Bitcoin, which remains the apex predator of money.
All other crypto denominated in BTC is trending towards zero, as are real estate and stocks as well.
Bitcoin is a unique asset due to its immaculate conception, credible forward monetary policy, lack of a pre-mine, high hash rate secured by proof of work, global brand recognition, first-mover advantage, deep liquidity and high market cap, its uneasy truce between nodes/miners/devs/exchanges/merchants, as well as its insanely devoted hodlers, who are willing to hold their Bitcoin through multiple deep bear markets and never sell, thus slowly removing supply permanently from the market.
There is only Bitcoin. Accept no substitutes.
Not investment advice! Consult a financial advisor.
95% of alts are going to die:
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Coinmarket cap historical snapshots:
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