Tuesday 29 December 2020

Cryptocurrency ROI from the depths of despair

Time for an update! We take a look at the normalized ROI of more than a dozen cryptocurrenices as measured from March 13th, 2020, or the depths of despair during the black swan event crash. In this video, we investigate the performance of these various coins and try to identify which ones have been justified in holding so far. If the cryptocurrency cannot outperform Bitcoin, then it really calls into question the reason for holding it, especially when several coins are consistently outperforming Bitcoin. Furthermore, I prefer my altcoin holdings to also outperform Ethereum. If they cannot do this, then why hold them? Do you hold race horses or donkeys? TA Video by Benjamin Cowen.

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