Are You Ready for Bitcoin's Capital Flight into Other Cryptos?
It's been less than 13 years since the creation of the world's first and largest digital currency, but Bitcoin (CRYPTO: BTC) is already on its way to becoming a thing of the past. Sometimes in investing it's best not to follow others' footsteps. Early investors in Bitcoin spent years holding onto their coins amid skepticism, exchange hacks, and pump-and-dump schemes. Those who held on were entitled to the asset's 33,769% return on investment since its inception.
But investors who are late to the game will probably not see those returns. So let's look at why now's the time to explore other cryptocurrency options instead of Bitcoin.
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Source Fool.com