Do we Need Altcoin?

[abaidudez]

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?

It depends on you. If you believe in Bitcoin then you can put all your money in Bitcoin. And it's up to you if you trust your money and invest it in altcoins. Altcoin can give you profit like what Bitcoin can give.

[tranquynhnhu2812]

Yes competition is must, although altcoins can't beat Bitcoin but we still need them because of their low price, so that we have the opportunity to invest into these alts.

[liivii]

Yes of course, as day traders altcoin are so important to us because they are the piece of our profits and unlike major coins like bitcoin and ethereum that is hard to predict because of so many people controlling it, altcoins preferably the newly ones are easy to control that's why more people are going into day trading because in day trading you can earn money with just your skills and strategies without having to wait for months or years to fully maximize the potential of a coin.

[jamecuvier1221]

In my opinion, this increases the choice of alternative coins in addition to BTC and ETH which are now very expensive and with other coins people will also be able to trade in the market and earn their money.

[homojenshit]

altcoin is a big money electronic marketplace, i think altcoin is very necessary it makes the market more rich so people can learn and invest, and i think altcoin can grow stronger than bitcoin

[Wong owah]

Actually we do not need Altcoin, but bitcoin price is killing altcoin, I work at butcoin really, and I work do not want to lose, I will keep trying until I succeed

[Cryptopal2]

yes I think we need them because they have new features than old ones . they are new inventions. so it's good to have new altcoins . but I don't say all the altcoins in these days are useful

[Ladyechy]

Of course we need altcoin. There are many promising altcoins and some of them have different strengths in the field and usage.

[sorca]

Of course they do. You also like eating different foods every day. The choice should always be. And they all have different purposes.

[Somthison]

We need altcoins in this kind of volatile market in order to diversify, there are innovative projects coming out everyday,   (there's a lot of scams too but there are good projects still coming)

[Nginende]

In any case, most altcoins can be converted into known and sought-after crypto-currencies and already output them to the Fiat. Well, with quite useless tokens already think what you can do. Order pizza, donate and etc.

[Msworld83]

Alts is live of the crypto , without alts coin Bitcoin itself will be redundant, it will only be buy and hold no much activity but with alts we are able to get more interesting activity in crypto market and you can also get more btc by investing in alts which has giving opportunity to many to double their btc. So alts is very important and has make crypto to explore with so many use case and lot of ideology getting in to the blockchain through the alts.

[Denigmatic]

I think that Altcoins are necessary in this type of market and for any market, because of the main reason why we wanted to have variations, because the variation prevents the "monotony" of the market. This option, I think, helps in ensuring that people or traders can choose how much this relates to investment. This gives them a chance to win coins with cheaper values, now the bit can grow one day depending on how the market behaves. In addition, I think this gives users the opportunity to see how one coin affects another, because without the other, indeed, this makes trading not very interesting and interesting for those who are very keen on this.

[Atfirstno]

Yes, we need them in order to build a complete market that could bring opportunities for every one of the investors, we need them in order to create more projects that produce innovative ideas everyday.

[bionicl34]

I believe that we need altcoin, because with them we get more opportunities for earnings.

[seblbj]

Yes we do, altcoin and other cryptos are oue future. This cannot be denied although some of us are against the crypto right now. Of you are well aware of future then yiu coupd easily find why this is important for our future. It means and save allot of time. That's why it is important.

[Azishu]

From an investment perspective, you need more Altcoin, but you must control your investment share and not blindly think of one. You can get a lot of profit between them, but you can also lose them. Every investment needs its own risk control, this is my suggestion!

[seek4dream]

Aside from Bitcoin we also need the altcoins.
Bitcoin is great, but not so great to solve all different kinds of problems.
Competition makes cryptocurrency world more attractive.
It's also wise for investors to put money in both bitcoin and altcoins to make higher profit.

[Ekaterinat]

Altcoins represent new projects that bring diversity to the cryptocurrency market. In addition, thanks to new projects, blockchain is able to develop at a high speed and constantly offer new innovative solutions.

[Paperbuk]

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?

Yes, the more types we increase our chances of making a profit. Besides it is indeed the greater the risk, but worth a try.