Do we Need Altcoin?

[jony35490]

Of course, altcoins are must needed. Bitcoin as well as altcoins are needed to increase competition in cryptocurrency world. Moreover, every altcoins is controlled by the new technology and by which our various problems are solved. Moreover, we need so many coins for trading. Cause we can't depend on only Bitcoin for trade.So the altcoins are certainly important.

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[axel2078]

Yes, of course, we need altcoin but whatever we have currently in the market that is quite enough for trading. People need to use them properly. Beside bitcoin, we also need altcoin for having a competitive crypto market.

Sure altcoin helps this market grow every year, and altcoin attracts attention from new investors by its brilliant ideas. Surely the market will not grow without altcoin, everything will become boring

[youcansee]

We really need them due to the fact that there are a lot of them who cannot survive the market circumstances along their way into success. Altcoins are are good alternative investment of bitcoin because some altcoins are more profitable.

I also agree that altcoin is more profitable than bitcoin, because the price is more affordable and can also collect in large quantities, although the risk is greater if you invest in altcoins, especially with small market volumes

[owlman]

Altcoins, like Bitcoin, are components of the cryptocurrency market, even though most of the coins (projects) do not have a working product or utility. Of course, some of the coins will cease to exist, but instead of them, new projects (tokens) will be created that can be useful for the cryptocurrency industry.

[nealdlover]

It is thanks to the altcoin coin that the market is more diversified. Each coin has different values and each potential, its own trend, depends on the consumer. It was born to increase the competitiveness of the market Crypto increasingly rich and diverse.

[lancer10]

Yes, of course, we need altcoin but whatever we have currently in the market that is quite enough for trading. People need to use them properly. Beside bitcoin, we also need altcoin for having a competitive crypto market.

Sure altcoin helps this market grow every year, and altcoin attracts attention from new investors by its brilliant ideas. Surely the market will not grow without altcoin, everything will become boring

Right. It would be totally boring with just BTC around. Altcoins promote great technologies and innovative ideas, and I think we need them for the survival of the market.

[Tope559]

Yes will need altcoin to solve some traditional problems we face in doing transactions. Some altcoins may offer returns, but they're like penny stocks: highly volatile, and difficult to predict. That makes investment difficult, especially when they're entirely unregulated.

[Soundy]

Altcoins is part of the blockchain ecosystem, they are much needed. We can't just be trading only Bitcoin, trading only Bitcoin means the industry is not improving and innovating and it is very bad for the industry.

[jack long]

Of course we currently still need altcoins, especially if we are going to invest in them, with the increasing number of new altcoins popping up surely this will make us have to be more careful in choosing the altcoins we will invest

[Viklopot]

I believe that we need altcoins and the more of them on the market the better for the cryptocurrency market as new projects offer new technologies and compete with old coins.

[Emmy92]

Yes we do, actually what we need is altcoins with good project and utility. Within the Crypto space, each altcoins has its own unique solution, this makes the crypto space more valuable.

[CapnBDL]

Of course, it’s needed, but recently it’s getting worse and worse, a very difficult situation and many are already giving up. But I think I will stand to the end, and what do you think you should do, how should you proceed in this situation. The market is falling and falling.

[furylmz]

Of course altcoins are always necessary.Everything in this market is necessary and they all depend on each other.Thanks to the Altcoins, this market has evolved.People entered the crypto world.

[Dellosoft]

Actually Yes, but not excessively. I wish new altcoins can be scrutinized before general acceptance, but we are talking decentralisation. Back in the days when Nokia 3310 and the likes were invented, do you still need new devices like Android and IOS? These questions are similar. But for a fact, so many scam projects are making this space a dungeon, sometimes I think regulations might aid.

[ourepts]

Of course we need a new altcoin that will change human life in the future. Altcoin still has a good future. But a good altcoin is only a few that can be used as a fiat replacement when making transactions or other uses. There are a number of altcoins that are so quickly destroyed and don't have a good future. And basically we still need good altcoins in the future.

[Elorika]

Of course every cryptocurrency has a place to be, but I think you can only use bitcoin and all , but of course altcoins are more technological in this regard

[gwaposakon]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

I dont mind having many altcoins. It only means that blockchain technology is developing. What I really mind is that most of these altcoins turn out as scams or are just hype that runs aways with peoples money. It destroys the credibility of the crypto industry.

[doroshok1]

If this is a good altcoins, but rather an interesting project that is very promising, it is a good investment of your money, which will help you earn. And, of course, these are technologies that improve our lives.

[Veseloff]

I think it is necessary, although I keep almost everything only in Bitcoin and in Ethereum. But a lot of coins can make a huge profit, which many people do not realize, so buy at least a small part of these altcoins.

[kursigoyang]

if I still prefer altcoin because I like trading programs rather than long-term investments, altcoin itself has advantages for short-term investments or trading because it experiences rapid price changes, while BTC changes very slowly and is only suitable for long-term investments