If you’ve spent any time in crypto beyond the top handful of coins, you probably have a few scars to show for it. Pretty much everyone in the space has taken a long shot on a token that looked like the future of finance, only to see it crater and never recover. More than 53% of all crypto tokens launched since 2021 are now completely defunct, according to CoinGecko’s research.

There’s a (much) simpler path that many investors have decided to take in response, and it’s to make Bitcoin (BTC 2.14%) the biggest and most sacred asset in their crypto portfolio. For what it’s worth, it’s the approach that I’ve decided to use. Here’s why.

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The altcoin landscape is a minefield

Of the 20 million or so tokens that were…