Good morning brothers, a new week has begun. Waking up to a surprise, Bitcoin has broken through its previous high again. So, the same saying holds: every dip is Bitcoin inviting you on board. Unfortunately, many only see altcoins, thinking they double faster. But do your altcoins really double? Bitcoin may drop and then return to its original point, while altcoins rebound weakly after a drop.
To put it another way: if you invest 500,000 buying Bitcoin, it might grow to 600,000 after a month of a significant drop. However, if you invest all in altcoins, it might drop to 400,000 after a month. Why? Because Bitcoin tends to be more resilient during downturns and rebounds quickly. When Bitcoin drops 10%, altcoins may drop 30%. Bitcoin often recovers its losses, but altcoins might only recover 50%. We need to focus on whether our total funds have increased and whether we can outperform Bitcoin, rather than just fixating on how many digits your altcoins have!