Promoting cryptocurrency through altcoin

[ije07]

and that is indeed the same as what I felt before getting to know more about cryptoqurrency, because the first thing I knew was bitcoin. This is not strange to anyone but different from altcoin who rarely know. but whatever it is, if someone knows bitcoin then someone can get to know the other altcoins. the crypto space is full of altcoin and for me only a few will survive in the market and some can be profitable for long-term investment.

[TinaK]

Cryptocurrency are mutually beneficial when it goes to trading field but for marketing if they have any platform to boom the things ahead among the crypto users.
We will find the growth in the market.
Promotion is based on the place where it has been reach to the people.

[stephanirain]

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Altcoins really do reach out the other facets of the society and really do shape the society to take another step towards another era. Even though bitcoin is a lot more popular than the crypto industry itself to the commons right now, it is the duty of many altcoins to educate them and tell them that this industry do exist and functions well to aid many other industries through blockchain technology.

[biddicoin]

1 Bitcoin price affects more in altcoin price

2 Bitcoin is a piooner in cryptocurrency

3 Bitcoin is a basic code which initiate others coin

4 most of altcoin is just a 'token'

So, I think it would be harder to promote altcoin itself. we have to teach about Bitcoin, then altcoin

[Ezravdb]

Introducing cryptocurrency through altcoin is possible. But the problem is the amount of altcoin is very much so that it is somewhat confusing for ordinary people. On the other hand altcoin tends to be a scam. I think it's better to introduce it via bitcoin itself. Everyone must have heard even though they might not have looked deeper. The real use case I think is only a matter of payment methods. And bitcoin can go into any domain, health, animal husbandry, e-commerce, etc. as long as they really want to use the blockchain.

correct, amount of altcoin is quite a lot, But we can introduce altcoin which has a good reputation to the community, Like ETH, XRP, WAVES and coins that have a high ranking in coinmarketcap. we can introduce some altcoins that have a close relationship in this life such as altcoins which have fast shipping transactions, altcoin which is engaged in gaming, of course the public will more easily understand about the performance of Altcoin.

[starblocks]

Bitcoin should be the primary focus for investors when entering the cryptocurrency space as a new investor, but once they are comfortable and have learnt enough about the other top ranked alternatives its always ideal to diversify a little to ensure you have a balanced portfolio comprised of both low and moderate risk assets so you can take full advantage of the variety that's available and what it has to offer

[inanilujimi]

The most important thing is the use of altcoin for a long time and carried out in everyday life such as gambling, and games have a lot of user interest.
And can always take advantage of every opportunity that exists with a lot of innovation so as not to lag behind technological advancements.

[barabarian1]

yes you are right op the first thing heard about cryptocurrency is bitcoin. because bitcoin is the first, main coin and has the most expensive price of all coins. so don't be surprised if almost everyone knows cryptocurrency from bitcoin. and in my opinion it is rather difficult to promote altcoin because the amount of altcoin is too much and also the value of altcoin always follows the bitcoin price movements. but some crypto investors when they feel comfortable investing in bitcoin then they will also invest in altcoin later. because they already understand about cryptocurrency broadly.

[crossabdd]

actually it is very good if there are many variants of crypto currencies in the crypto industry. but the problem is that most of altcoin is a scam. and a few others are struggling to get space in crypto. by making many uses and benefits in the real world. altcoin projects are always created. and that made people start to know crypto. but the bad side. when beginners are trying to understand altcoin. many projects are only looking for profit for a moment. so people always assume crypto and bitcoin are scammer sheds.

[Bonenx14]

actually it is very good if there are many variants of crypto currencies in the crypto industry. but the problem is that most of altcoin is a scam. and a few others are struggling to get space in crypto. by making many uses and benefits in the real world. altcoin projects are always created. and that made people start to know crypto. but the bad side. when beginners are trying to understand altcoin. many projects are only looking for profit for a moment. so people always assume crypto and bitcoin are scammer sheds.

if the development of altcoin goes well then I think altcoin could be a beginner's introduction to crypto. but unfortunately most new altcoin projects don't provide that and because very few beginner experiences make them consider all crypto spaces to be fraudulent and maybe only a small proportion continue to explore crypto

[bohr]

When you hear of cryptocurrency what mostly comes in the mind of people is Bitcoin and that's people that are not all to familiar with cryptocurrency.
In as much as Bitcoin controls a high level of cryptocurrency, altcoins are indispensable.

To my little knowledge on cryptocurrency there are altcoins for a lot of uses, some for medical use, some for advertising, some for gaming and so on. With people having interest in this areas to spread cryptocurrency we can take advantage of this opportunity it doesn't have to be all about Bitcoin all the time.
Though the problem with altcoins is the turn out of the coin after wards and the responsiveness of the owners. But if investors or crypto addicts can engage more in altcoins this will boost altcoins and get more organisers active and spread cryptocurrency more

Many of those coins do not do anything that bitcoin could not do on its own so it is completely understandable why people do not take them seriously, this market will not be completely about bitcoin all the time if we had altcoins that were good and were indispensable as you say, but that is not the reality of this market, even the second best coin in the market which is ethereum and that its main function is to offer smart contracts doesn't really do anything that bitcoin could not do because you can also create smart contracts on bitcoin.