Best Time to buy AltCoins? (Patreon)

Chart above shows you how the top 50 faired against Bitcoin. As you can see, not many did well.  Some are new like $OP and $INJ so does not really count .

But historic rule of thumb is as follows:

The best time to invest in altcoins over bitcoin is often not when you think it is. Contrary to popular belief, the optimal time to buy altcoins is around 8-10 months before the bitcoin halving (AKA NOW!), during a period of low market confidence known as "capitulation."

This trend is led by bitcoin pairs, which can rally even when the price of bitcoin in USD is correcting. For example, both ETH/BTC and LINK experienced cycle lows about 252 days before past bitcoin halvings, marking the start of altcoin bull runs.

History tends to repeat itself, even in the face of market variables like current recession fears. These fears have occurred in the past without materializing. So, the takeaway is this: if you have bitcoin holdings, HODL them. And if you're considering investing in altcoins, be prepared to hold them for at least 18 mths to two years before you see exactly what they can do. 

What a time to be alive. Happy Sunday everyone. 

h/t Sanjay for the inspiration.