Bitcoin vs. Altcoins: What Beginners Should Actually Buy

Thousands of cryptocurrencies exist. The honest beginner answer: stick with Bitcoin until you understand why you wouldn't.

There are over 20,000 cryptocurrencies. The vast majority will not exist in 10 years. For a beginner, the simplest and most defensible position is to start with Bitcoin only and add exposure to anything else slowly, deliberately, and after deep research.

Why Bitcoin is in a category of its own

Bitcoin has 16 years of demonstrated decentralization, no founder, no foundation, and the largest security budget in crypto. Every altcoin is more concentrated, more controlled by an identifiable team, and more vulnerable to regulatory action.

When (if ever) to add altcoin exposure

Only after you can clearly answer: 'What does this token do that Bitcoin doesn't?' and 'Why won't this be regulated like a security?' Most beginners can't answer these honestly. The honest move is to stay in Bitcoin until you can.

Key takeaways
  • Bitcoin is in a category of its own — start there.
  • Most of the 20,000 altcoins won't exist in 10 years.
  • Add altcoin exposure only after you can defend it on its own merits.
Recommended books for this topic

Go deeper with these

These are affiliate links. As an Amazon Associate we earn from qualifying purchases — at no extra cost to you.