Soon it will be a year since the bitcoin touched its maximum price, and after almost a year of downward trend, I would like to know if any cryptocurrency or any project has managed to beat the performance of Bitcoin. It seems that the decline of Bitcoin has dragged down the value of all cryptocurrencies, and regardless of how good a project was, its value has also declined.
Is there any cryptocurrency that is worth more now than a year ago?
It is obvious that during the last year there have been some projects that have been more profitable than holding bitcoin, the reason people hold bitcoin is not only for the profits that they can get, they hold bitcoin because it is the only coin that we know is going to survive for a very long time, even if you got great profits with another coin all of that would have been for nothing if you are still holding that coin when it crashes.
In fact, many projects have a multiple-fold rate, which is extraordinary because it can provide enormous benefits. Some projects also offer attractive investments, a price increase that significantly exceeds the increase in Bitcoin prices. But remember that most project tokens have a very high risk, in a calculation, maybe only 1 percent of projects will end successfully. When we want to invest in a project, we must be prepared to accept all the risks that occur. Choose according to our abilities and we will get satisfying results when we are right in choosing.