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Author Topic: What are the most important cryptocurrencies other than bitcoin?  (Read 746 times)
doomloop
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January 28, 2021, 03:22:18 PM
 #41

Everyone will list the most known ones, there are some obvious legends that are no longer really interested by anyone but they are still there, famously stuff like namecoin and all, but at the end of the day if you check the coinmarketcap you get to see which ones are big and which ones are not.

You are not suppose to find that little "gem" that could worth something in the future if you are looking at the "most important cryptocurrencies other than bitcoin" because that question itself basically says what is the second ranked and third ranked and fourth ranked one and so forth because that means you get to actually check the list for the biggest ones.

I would say top 20 is enough, rest are still important but the gap is too big, if you check the top 20 and remove all the shady ones like bch, bsv, xrp and remove usdt because of being stable coin and not crypto coin, you have yourself a pretty good list.

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January 28, 2021, 04:16:49 PM
 #42

Ethereum next to bitcoin shows biggest impact all other coins already follow it. Therefore, today it is practically necessary to have ether on your account. I think the polkodot will be important in the future.
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January 28, 2021, 05:04:41 PM
 #43

Well right now for me is eth and Polkadot. In ETH since it is an infrastructure project, it is always important next to bitcoin since there are a lot of projects or coin that is involved or directly related to ethereum and if etherum fall down, also those coins and project will fall down which is that is the reason why ethereum is most important cryptocurrency next to bitcoin for me. Next is Polkadot, I have a strong gut that Polkadot will give a huge impact and great contribution to the crypto market stability.

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January 28, 2021, 05:13:49 PM
 #44

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.
What yardstick was used to choice these coins? becasue bitcoin is the best among all cryptocurrencies compare to others even those you have just mentioned. Monero is good in term of privacy but Bitcoin still has some level of privacy even though not as Monero.  Ethereum and litecoins are good but not an option to bitcoin in my honest view.  Bitcoin still remains the king of all cryptocurrencies.

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January 28, 2021, 05:18:54 PM
 #45

Bitcoin is private if you can buy it privately.
Due to how good the technology in these current years, some of the tech-savy department could detect the transaction unlike in the beginning run of Bitcoin. People could get threw into a jail even though you are using Bitcoin for "dark matter" transaction. Who knows in later year, there are something better for private payment method.

Yeah its not private, its just anonymous. If some wallet owner already detected, u can trace any fund which in-out from it. Its not bad, its transparent and i think its can be one of bitcoin feature. If any project want to compete with bitcoin, its better to compete with the time and cost. Also about the efficiency of the blockchain since Bitcoin size its really big.

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January 28, 2021, 07:04:07 PM
 #46

~
Not sure how would the title and the content would connect but if we're really talking about importance, you cannot say because Bitcoin aims different than these other coins you mentioned.
You could either say all of them are important or all of them are useless or with no value.
They can all be investment for some side profit.
It's just the preference and strategy that diverse the investors.
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January 28, 2021, 09:26:56 PM
 #47

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.

1. Ethereum
2. Polkadot
3. Dfinity (once it finally gets listed might be an interesting one.

I would also obviously consider some of the promising DEFI projects mainly:
1.Chainlink
2.Allianceblock (cooperation with London Stock Exchange announced today)
3. Multiplier ( Aave fork trading at a very low market cap will swap to token on Binance smartchain currently certik audit) and after go live should be quick

Cybersecurity:
1. Hacken (they have some big announcement coming check on Dyma Budoring tweets) token very cheap but difficult to buy massive upside

some pennystocks to check almost forgotten at this time for storage:
Opacity and Sharder

other pennystock of interest
Matrix AI

totally forgotten
Eventchain
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January 28, 2021, 10:19:15 PM
 #48

there are a great deal of good coins with better features over bitcoin but for me other than Bitcoin, Ethereum is significantly more significant cryptocurrencies in the market. If you have other contention feel free but this is my assessment at the present time and perhaps later on I may go inclination to other token.

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January 28, 2021, 10:32:15 PM
 #49

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.
That means you hold those altcoins?

Indeed, the best we choose some altcoin to hold for short term or even for long term investment is the altcoin which is in the top 20 position. We will comfortable when choosing those altcoin. Because as far as I know when those altcoin have a good fundamental factor the price movement will up drastically and when there is no good information the price movement will follow bitcoin price movement.

Actually, I just regretted because I didn't buy some altcoin when the bull run just started, especially I didn't buy LTC. This coin have a good price movement even we can equal its price movement with bitcoin. I'm sure you will get a lot of profit when you choose this altcoin before the bull run will start.  Also if you choose ETH, I still remember its price was only $35 before the bull run came, now take a look with the ETH price movement? You just need $1000 to get a lot of profit.
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January 28, 2021, 10:42:13 PM
 #50

There are few cryptocurrencies other than bitcoin that will be Monero, Ethereum, Litecoin and so is preferable for me.

If you mean as important and as popular like Bitcoin then it has to be Ethereum, Ethereum has changed the landscape of Cryptocurrency, it helped launch thousands of new projects because of it's simplicity and many usage, it's the most preferred smart token platform in the industry and they have cemented their success in the industry.

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January 28, 2021, 11:24:44 PM
 #51

I usually use the top 200 as a base and at least one project developed or under development for possible leverage. However it can be relative and it will depend on the current moment and which project line the world is currently needing. Today, payment methods are the most sought after due to the great online business opportunities that technology is providing.
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January 28, 2021, 11:26:11 PM
 #52

The most important crypto after bitcoin should be ethereum. It's caused by so many major altcoins right now are coming from the tokenization that happened with ethereum. that being said if ethereum is also the mother of the altcoins too. We have seen that so many major coins like LINK, ADA and various coins have been starting from the ERC20 assets until they created their own blockchain.
I don't even think the privacy coin should be mentioned as the most important coins.

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January 29, 2021, 09:23:57 AM
 #53

There are 8000+ crpto currencies in the Market.According to my point of view currency which gives profit has importance.Top10-20 currencies are the best for investments,Becuase investing in these we remain confident.
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January 29, 2021, 09:41:25 AM
 #54

Monero got more enemies than Bitcoin, the anonymous part of Monero makes things hard for the project ( centralized hatred ), it's going to face different hardship if regulations comes in future, it's a top coin and first of its kind but can't be compared to bitcoin and stop dreaming that it will take over bitcoin
Kinda agree, some people also have said that they could crack the monero blockchain as written in some media, meanwhile the government giving out reward for those who can crack monero blockchain and there's the delisting. It's very risky investment since if the government have taken action that far, they always gonna frame any privacy coin user as somewhat shady or connected to some criminality which definitely not true in general.
It's really a hard time for monero to grow. Then, there's possibility of privacy coins with further enhancement replaces monero.

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January 29, 2021, 09:48:39 AM
 #55

All of the crypto are important for their own reason. Its just that there are some cryptos that are just created to either help the people or to scam the people.

I don't hate DeFi in general since I think that it will be a good thing in the future its just that it is already swarmed by these stupid scammers but I just don't support all of the DeFi tokens. DeFi will be one of the important industry in the crypto space in the next years so DeFi coins like ChainLink, Uniswap, Compound and so on.. are the ones that in my opinion will be important.

Next to DeFi coins are the Blockchain coins like ETH, ADA, DOT etc. followed by the staking coins which gives us passive income by just holding it.

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January 29, 2021, 11:12:19 AM
 #56

There are 8000+ crpto currencies in the Market.According to my point of view currency which gives profit has importance.Top10-20 currencies are the best for investments,Becuase investing in these we remain confident.
^ top 10 to 20 is indeed the best for investment, among them are Ethereum, Monero, Binance, Eos, and Polkadot. the market is full of attraction so focusing on 1 or 3 coins/tokens will be more give profit.

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January 29, 2021, 11:26:39 AM
 #57

It all depends on what you are expecting from a crypto currency, that is the key question here. If it is privacy there are privacy coins, if it is tech there are high end blockchain projects, if it is decentralization which we have defi's for right now, if it is just power and branding we have bitcoin.

Basically there are types of coins that are all different from each other, xmr and eos are not the same thing, neo and wave is not the same, bitcoin and doge are certainly not the same thing, basically there are similar coins but there are different coins as well, you have to make sure what type of coin you want to invest into before you try to find the best one at that. If you want to invest into a privacy coin for example, you can't pick btc or eth, that means you have to find a list of all privacy coins and pick the best one at that. The most important coin is all about what you find very important and that is how you decide.
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January 29, 2021, 11:30:26 AM
 #58

i cant prefer you to invest money in monero coin because monero is a privacy coin and no one can give a guarantee about privacy coin but in your list other then monero both coin are best Ethereum and litecoin is one of that coin which you can trust and invest your money in that coin so they will be profitable for you and give some decent amount of money but i cant prefer you invest in monero
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January 29, 2021, 12:33:18 PM
 #59

^ top 10 to 20 is indeed the best for investment, among them are Ethereum, Monero, Binance, Eos, and Polkadot. the market is full of attraction so focusing on 1 or 3 coins/tokens will be more give profit.
That's right, focusing on top tokens or coins will always provide good returns in terms of trading and investment, especially if in the past two days I bought Dogecoin, which currently has a very fairly expensive price, automatically the profits will multiply.

but for now, dont include xrp in your options even if it is still in top 10. the future is quite risky for xrp. dont be too trusting even if they are top alts. you still need to do prior study of their project before finally sending some of your funds to get some of their coins. at least make a list of their pros and cons so it will be easy for you to choose which one suits your criteria.

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January 29, 2021, 01:10:08 PM
 #60

All of the crypto are important for their own reason. Its just that there are some cryptos that are just created to either help the people or to scam the people.

I don't hate DeFi in general since I think that it will be a good thing in the future its just that it is already swarmed by these stupid scammers but I just don't support all of the DeFi tokens. DeFi will be one of the important industry in the crypto space in the next years so DeFi coins like ChainLink, Uniswap, Compound and so on.. are the ones that in my opinion will be important.

Next to DeFi coins are the Blockchain coins like ETH, ADA, DOT etc. followed by the staking coins which gives us passive income by just holding it.

Which is totally true, each cryptocurrencies has its own market value that define its importance. Yeah, the market value of a crypto was a sole measurement of how useful and importantly that cryptocurrency was. But for me i am still a huge fan of bitcoin and i bet some here too which also preferring to have their own kind of bitcoin even a single bitcoin but i can't also deny that ethereum, DeFi, ADA and DOT was also a good crypto too.
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