what are the advantages of altcoin ?

[ugr_erkn92]

For me, the most important advantage of altcoins is that it gives me a lot of profit with little money. It can make high profits in short term trade.

[adekogbe]

Different Altcoins represents a lot of different decentralized platforms and aside from the value they add to their projects and the users, for the holders they also have advantages.
Altcoins may be very unstable but they have a lot more potential for growth than the poster cryptos like bitcoin or ETH.
A good altcoins will make 10x to BTC's 2x

[KuyaBreezy]

Well, altcoins help you maintain your profits, if you are experienced in it, when the market is down, like at the moment, when you can't rely on long term investment because the prices on the market keep dropping then you can take advantage of their volatility and gain around 3 percent daily.

[seyola89]

Altcoins has technological, financial and market advantage. It helps to make the blockchain system more loaded and popular, it can provide small and big or funds for devs and traders, it also helps to make the market more mature. But there has to be a limit to everything or else it will be abused.

[bitcoin31]

The advatanges of altcoins is the price is cheaper than bitcoin and you can get more money because once the price up .
There's a lot of advatanges of having an altcoin or investing to altcoins.

[Silifatmuda]

There are numerous advantages of altcoins, so it now depends on the area or aspects you are dealing with, the advantages altcoins have to me might differ from the advantages altcoins have to me. To me altcoins means a lot first they are just like raw materials ready to be explore, because they are very cheap to acquire and rises quickly, moreover the profits in altcoins multiple in folds.

[zxl912157]

There are many advantages of Altcoins, because Altoins also has its functions.
Suppose Ptoy or Patientory is made for health, Ethereum was created to be a pioneer of Smartcontract etc.

[doroshok2]

The main and main advantage of altcoins is profit. You will not get such profit from bitcoin as from altcoin. But there is another side to the coin. It's risky. Altcoins have a lot more risks.

[faceoff97]

Since Bitcoin has already established high price in the market, you can no longer buy more volume of it. Since you have little of it, you'll also get little profit from it. That is why Alternative coin is a good opportunity to buy more of volume. Many new coins that being introduced haa the same feature as bitcoin, there is also potential for this coins to grow as much as bitcoin have grown. I have coins that has lower initial price but also having low total circulating volume.

Although, having alternative coin may give you big return, you still have to wait fot longer time for you to realize tge worth of coin. Most alternative coins are good for long term investment. A coin has to be develoPED and it demands time to make it happen.

[Panteleymon]

Personally for me, the greatest advantage for the Alts is perspectivity. There is a risk of both high growth and falling. But it is because of this that they become more mobile. If we are to speak of prospects, then the old coins will not already have such a thing. There is more stability, but there are fewer prospects.

[Rengga Jati]

I also agree with you. Altcoins have many advantages. One of them is for trading and investment, they are more affordable and sometimes, they can make big profits.
Additionally, the advantages of the altcoins are also for the development of the technology and blockchain system for the future.

[meanwords]

Are you referring to any aspect? Technologically speaking, the advantage of altcoins over Bitcoin is that it is much faster and much reliable when it comes to transaction than Bitcoin. In the market depending on the altcoin, the price is much cheaper compared to Bitcoin and that higher growth potential more than Bitcoin is still possible which could lead into price getting up.

[l27ification]

As far as im concern, its depend to altcoin on what are they offering. Basically altcoins are 2nd, 3rd or 4th generation blockchain next to Bitcoin. Let say they are more powerful in terms of algorithm they use, scalability, interoperability and etc. Nowadays one of the advantages of altcoin is they tend to make best lightning protocol that can enhance the speed of processing transactions and how they can iteract to other blockchains as well.

[Anchor867]

Well for me the advantages of altcoin is they have varieties you can choose or what may depend on what coin that you feel ok and also it can bring you to riches if you choose a good altcoin and avoid the scam one

[carlisle1]

For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin

So whats the point of making this thread when you pushes bitcoin instead of altcoins?And it depends on what coin we are talking here since many altcoins are dying ,because they are shitcoins and pump and dump

Are you referring to any aspect? Technologically speaking, the advantage of altcoins over Bitcoin is that it is much faster and much reliable when it comes to transaction than Bitcoin. In the market depending on the altcoin, the price is much cheaper compared to Bitcoin and that higher growth potential more than Bitcoin is still possible which could lead into price getting up.

Who told you about the advantage of altcoin over bitcoin in-terms of transaction speed?Yes sometimes blockchain becomes congested whenever theres a lots of transactions at the same time but this is isolated cases not thay serious

[irinakovallove]

If you go deep, there are many advantages, for example:
Higher transaction speed, alternative crypto currency often use modern methods of data encryption, thereby increasing confidentiality. I also like the system of bonuses, at low prices you can get tokens.

[ethalliance]

I believe that the features of alternative types of currency in that. What in the future they can play against themselves. For example, the possibility of mining lightcodes on ordinary computers can affect the level of currency security, and therefore its popularity among the population.

[mitchel_am]

Altcoins could have more advantages than bitcoin because their prices are more cheap so you can get a bigger quantity of tokens.

[Xising]

For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin

I think the greatest advantage of altcoins is its cheap price point. Having that as a feature really makes all the difference in the world, especially for those who want to invest but only have a little amount of money to use. At least, altcoins give people an alternative mode of investment that could really help them try their hand in venturing in the cryptocurrency market without the risk of breaking bank. Also, since the diversity of altcoins are just so many,  you can choose which one you want to invest in.

[Armstand]

Altcoins could have more advantages than bitcoin because their prices are more cheap so you can get a bigger quantity of tokens.

Still depends on what type of alts, having huge quantity on a specific coin is good but be sure that coin is really useful that it has chances to pump and will no go out of the scene instantly. It's still good to have a much good investment in altcoins.