🤔 Do you hold altcoins? You'd better think again...
Swan conducted a study and showed that the HODL strategy, which made many bitcoiners rich, does not work for most altcoins.
Most popular alts sooner or later lose almost all of their value in relation to BTC.
Here's how long it took the top alts to fall by 90%:
🔽 QTUM — 17 months
🔽 Polygon (MATIC) — 23 months
🔽 Internet Computer (ICP) — 24 months
🔽 Cardano (ADA) and XRP — 36 months
🔽 Litecoin (LTC) — 69 months
🔽 Monero (XMR) — 72 months
And researchers call Monero not an example of stability, but rather an example of a long and painful fall.
➡️ Conclusion: At a long distance, Bitcoin once again confirms its title as the king of the market.
BTC
91,108.78
+1.03%