Many-a-time specific altcoins post handsome gains that surpass Bitcoin (BTC), popularly known as altcoin season. However, K33 Research analysis shows over the long-term, ‘Bitcoin only’ has been a better investment strategy than an altcoin portfolio.
Bitcoin price (top) and altcoin market capitalization (bottom). Source: TradingViewAltcoin vs Bitcoin performance since 2015. Source: K33 ResearchPerformance of 1,009 altcoins that entered the top 100 market capitalization rank since 2015. Source: K33 ResearchThe total market capitalization of crypto excluding Bitcoin (top) and BTC dominance over the crypto market (below). Source: TradingView
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