Daily reminder altcoins are a scam

[Anonymous No.57871077]

Out of 20 currently largest altcoins only 4 of them have outperformed bitcoin since the Nov 21 crypto crash. Only a single one of them managed to do so meaningfully(for how laughably small all these projects are, you'd expect a lot of them easily did a 100pp+ outperformance, but nah, just a single one). And keep in mind this is the 20 altcoins with the largest market cap, so the very elite of the survivors, excluding all the sea of shitcoins which have fallen into the abyss. So, even with a god-tier selection, you have at best 0.2% chance of beating the most obvious and reliable choice. Good luck looking for "another 100x", cretins.

[Anonymous No.57871087]

>>57871077
TON is lit :fire:

[Anonymous No.57871110]

>>57871077
>since the Nov 21 crypto crash
Of course Bitcoin outperforms during a bear market. It's not the same during a bull market.

[Anonymous No.57871691]

>>57871110
even worse when zooming out, only 2 altcoins out of the 20 currently largest did outperform btc, have fun losing money

[Anonymous No.57873245]

>>57871077
>SHIB, DOGE
hey, those are the coins I own. Lmao

[Anonymous No.57873325]

>>57871077
>comparing alts that are listed on mainstream CEX's that are from previous cycles with Bitcoin

Newfag

[Anonymous No.57873330]

>>57871077
Bullish for altcoins

[Anonymous No.57873390]

>>57871077
Only retards buy top 20 altcoins. Look at solid alts like PLEB and COMFY.

[Anonymous No.57873421]

Polkadot is going to #3

[Anonymous No.57873586]

>>57873390
pleb vastly underperformed btc too, good job on losing money, retard
>Only retards buy top 20 altcoins
the point was to have a heavily altcoin-biased selection, and top 20 market cap coins are just that, and even that is still far behind btc, so now select 20 random coins, you'll be lucky if 1 of them didn't underperform

[Anonymous No.57873623]

>>57871077
>>57871691
You are supposed to move the time window to the point where BTC was at it's lowest in the last bear.

[Anonymous No.57873754]

>>57873623
Only 2 out of 20 outperformed btc in the period you requested(since the <$17k bottom). Any other ideas? Will anybody be able to come up with a period longer than a month in which shitcoins actually performed?

[Anonymous No.57873921]

>>57873754
You’re looking at the wrong coins. Shitcoins these days are like PEPE TRUMP WIF TICKER:BITCOIN and such and such. They’ve absolutely destroyed all other charts

[Anonymous No.57874048]

>>57873921
you are looking at a mental illness in your mirror, pepe, trump, wif underperformed btc during the last year

[Anonymous No.57874686]

>>57871110
Basically this.


Do the comparison in summer 2021 bitch nigga

[Anonymous No.57874763]

>>57874686
I just did, and again only 4 of the coins outperformed BTC there. You can provide an alternative list of coins, results will be the same no matter what will you come up with. Why are you shilling trash, people? Are you trying to get people to buy your garbage projects?

[Anonymous No.57874839]

>>57873754
kaspa, pepe, bonk, agix, and a couple of more did better than btc since the bottom of 16k.

[Anonymous No.57875053]

lmao Biz has undergone a crazy transition... Before 2021 this place was ahead of the game. There were actual good picks here that made people a lot of money. Somehow you never moved on though. The '21 cycle fucked too many people up I guess

[Anonymous No.57875056]

That's cuz y'all treat alts, small coins, shitcoins and memecoins the same
They work different, their value is different and their background is different
You need to use different strategies for each one, some dump and reach a peak 4 hours later
Like if i spent 10k on vinu when it tops before it dumps, panic sell and then it peaks and stabilizes on a price higher than when i bought it, then that makes me a fucking moron, it's not a "scam", this is literally gambling, y'all need to be smart fags

THINK /biz/