Thread 60554766

Why do people hold alts instead of Bitcoin if most people underperform?

>>60554766 (OP)
> massive alts fud
Bitcoin is about to crash.

>>60554766 (OP)
Because holding 0.1 btc will never lead you anywhere.

>>60554791
Is it better to underperform that 0.1 btc then? I don't see the logic. Even if someone outperforms btc, most roundtrip, or don't even outperform to begin with.

>>60554794
Alts can give you way higher returns than BTC, they are just higher risk too and right now we are in a BTC market so they have a negative alpha too

>>60554766 (OP)
>>60554832
They follow some kind of logic that bitcoin 'only' did 10x in such and such a rally while a couple of alts did 15x and a memecoin or two briefly went 100x. What they overlook is that picking the successful alts and memecoins is a total lottery and you're as likely to lose money as make it, while BTC has consistently been a sure bet. Basically they don't understand what a risk/reward relationship is.

>>60554832
do you think now's a good time to buy alts then? or only if btc wear to stay above its ath?
>>60554841
yeah, that's true. I personally tried alts before and ended up roundtripping every time. The coins I pick just never end up pumping as much as the others so I end up holding and then go back to where I started. I guess if I were to sell consistently on the way up it would have worked out, though, but still likely less than holding btc from bear market to bull if going all in.

>>60554791
spot on, but you can stake for some DeFi shite, web3 banking is the next meta

>>60554794
the future isn't guaranteed retard

>>60554766 (OP)
laughs in btc.d

You just know alt season is coming bigly

Theres no way these btc maxi boomers are right

>>60557503
>stinky

I’m currently down 10% on my alt folio, should I just accept the small loss and put it into bitcoin?

>>60554855
Historically, BTC drops in summer and reaches its highs around the new year, adjusted for seasonality. Alts tend to follow BTC. Make of that what you will.

>>60554766 (OP)
Bitcoin has pumped. Alts have not. why can't maxies just take there 1.5x and go.

>>60554766 (OP)
Hold 1 BTC is extremely risky if you bought at 100k. That's why. You're literally riding emotions if you invested money you can't really afford to lose. I have alt coins that are low and some are high. I should of bought BTC a long time ago, but just didn't understand it at the time and 3000 dollars seemed like a lot to risk at the time for some BTC bs, and I didn't think it would go so high. I still don't understand why it is so high either, beside it being an OG crypto. It's slow compared to other cryptos. I think BTC crashing out and disappearing would be the best thing in the long run for the market. There are a few companies that own so much BTC that if they were to sell it would crush the price of BTC. This is another major concern.

>>60557866
>I still don't understand why it is so high either, beside it being an OG crypto. It's slow compared to other cryptos
Lol

>>60554766 (OP)
i want a x10

>>60554841
>a couple of alts did 15x and a memecoin or two briefly went 100x
>a couple of alts
>a memecoin or two
Were you in a coma the last 1-2 years, or is this just cope?

>>60554766 (OP)
Why do people go to the casino instead of learning about christ? Same reason

>>60554766 (OP)
No one is going to get rich off a 20% gain

>>60554766 (OP)
most people including the ones here dont have much money to invest to begin with. their only hope is a 1000x. btc wont do that so they bet everything on a single shitcoin. thats literally it. its basically buying digital scratch tickets.

>>60554791
BTC already passed silver. Once it passes gold, 0.1 BTC will be worth $100k+

>>60554791
> Because holding 1 btc will never lead you anywhere. - January 1, 2018.
> Holding 1 BTC vs 1 BTC of top 10 Alt on January 1, 2018
> 1 BTC = $13K, today $107K
> 1 BTC = 17 ETH, today 17 ETH = $44K
> 1 BTC = 5,400 XRP, today 5,400 XRP = $11,800
> 1 BTC = 5.4 BCH, today 5.4 BCH = $2,650
> 1 BTC = 18,000 ADA, today 18,000 ADA = $10,000
> 1 BTC = 56 LTC, today 56 LTC = $4,800
> 1 BTC = 3,300 IOTA, today 3,300 IOTA = $4.95
> 1 BTC = 13,000 NEM, today 13,000 NEM = $52
> 1 BTC = 27,000 XLM, today 27,000 XLM = $6,200

>>60558652
> today 3,300 IOTA = $4.95
> today 3,300 IOTA = $500