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sapphirecrypto
@sapphirecrypto
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Crypto Trader & Content Creator / Views Are My Own / Not Financial Advice
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If we have another typical bear market... altcoins are dead. Historically speaking, altcoins should now be entering their prime.
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Risk analysis is an imperative part of investing. One way to offset risk is to allocate a portion of a risky investment to Bitcoin. That way, there is a type of hedge in place to protect investors if their altcoin decides to go belly up. #Bitcoin
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Altcoins have become increasingly risky. A high tide doesn't appear to lift all boats as it once did. There have been very few winners so far. As mentioned, this blog has managed to call several star performers. However, not nearly as much as years past. This cycle is different, and much of it is due to Bitcoin taking up all the space in the room. Bitcoin has risen by almost 700% from its bear market low. #Bitcoin
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