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Trade Only in Bitcoin and Avoid Altcoins: Here’s Why

Altcoins Collapse — Bitcoin Endures

By Engr. Mansoor AhmadPublished 6 months ago 3 min read

In the ever-expanding world of cryptocurrency, traders are faced with thousands of choices. From Ethereum to Dogecoin, Solana to meme coins, altcoins flood the market with promises of huge gains. Yet, among this noisy crowd, Bitcoin stands alone — not just as the first cryptocurrency, but as the most secure, liquid, and battle-tested digital asset.

In this article, we’ll explore why it’s wise to trade only in Bitcoin and avoid altcoins, backed by real-world examples and market data. If your goal is capital preservation, consistent gains, and reduced risk, staying focused on Bitcoin might be the smartest decision you can make.

1. Bitcoin Has Proven Itself — Altcoins Are Still Proving Themselves

Bitcoin was launched in 2009 and has since survived multiple crashes, regulatory crackdowns, and media skepticism. It has gained recognition as a legitimate digital asset by institutional investors, governments, and even public companies like MicroStrategy and Tesla.

Compare that with the altcoin market:

Luna/UST Collapse (2022): Once a top-10 coin, Terra (LUNA) and its stablecoin UST collapsed overnight, wiping out over $60 billion in value and destroying thousands of portfolios.

FTX and Solana Exposure: When FTX collapsed, it dragged Solana (SOL) down with it due to close ties with Sam Bankman-Fried. SOL lost over 90% of its value at one point.

Meme Coins (DOGE, SHIB): These coins are often driven by celebrity tweets and hype. While they may pump fast, they also crash brutally, leaving retail investors holding worthless bags.

Bitcoin doesn’t rely on marketing gimmicks. It survives on network effect, decentralization, and utility as a digital store of value.

2. Bitcoin Dominance Tells the Story

“Bitcoin Dominance” is the percentage of the total crypto market cap held by Bitcoin. Historically, dominance increases during bear markets and early bull markets, as smart money rotates into the safest asset.

In 2018 and 2022, when the altcoin market imploded, Bitcoin dominance increased, showing that capital fled altcoins and returned to the relative safety of BTC. This trend repeats every cycle: when fear sets in, altcoins die faster and harder than Bitcoin.

3. Bitcoin Offers Liquidity, Stability, and Transparency

Bitcoin has the deepest liquidity in the entire crypto market. That means tighter spreads, easier execution, and less slippage for large trades — critical for serious traders and institutions.

Altcoins, especially low-cap ones, suffer from:

Low volume and huge volatility

Manipulation by whales and insiders

Fake volume on shady exchanges

For example, in March 2020’s COVID crash, Bitcoin dropped sharply — but recovered within days. Many altcoins, on the other hand, never regained previous highs, even after years.

4. Most Altcoins Are Built for Speculation, Not Value

Altcoins are often built with one goal: to pump in price and enrich insiders. Many projects use buzzwords like "Web3," "DeFi," or "AI" to lure investors — but deliver little in terms of real-world adoption.

According to a 2021 MIT study, over 30% of altcoin projects showed strong signs of insider trading before major announcements. Compare that to Bitcoin’s fully decentralized, transparent, and open-source development model.

Real-world case:

In 2017, thousands of ICOs launched altcoins promising decentralized apps. By 2020, over 95% of those projects were dead or abandoned. Bitcoin? Still here. Still growing.

5. The Less You Trade, The More You Keep

Altcoins encourage overtrading — jumping from coin to coin chasing gains. This results in:

High fees

Tax complexity

Emotional burnout

Significant losses

Bitcoin, by contrast, allows for clean, simple strategies. You can DCA (dollar-cost average), swing trade based on macro cycles, or hold long-term — all with reduced noise.

In fact, many of the most successful investors in crypto — including Michael Saylor and Anthony Pompliano — advocate owning only Bitcoin. They’re not looking to outperform altcoins. They’re looking to outlast them.

Conclusion: Simplicity is Strength

While altcoins offer the allure of fast profits, they come with high risk, low fundamentals, and a history of failure. Bitcoin remains the only cryptocurrency with the credibility, infrastructure, and adoption to justify focused trading.

In the same way that professional investors stick with blue-chip stocks over penny stocks, serious crypto traders and investors are increasingly realizing: Bitcoin is enough.

Avoid the noise. Avoid the scams. Avoid the heartbreak.

Trade only in Bitcoin — and sleep better at night.

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About the Creator

Engr. Mansoor Ahmad

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  • Huzaifa Dzine6 months ago

    keep up the good work

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