Alt coins in the next century

[Xampeuu]

Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.

Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.

But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know

1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into  Bitcoin?

2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?

3. If alt  coins survive in the next century what is the reason it would.

4. Should alt coins be traded rather than HODL?



I hope my questions aren't too many.

Thank you for your time once again.

1. of course the price of altcoin will also increase very high, because more investors will invest and use cryptocurrency;

2. there will be no significant changes if Bitcoin is accepted by the country, because Bitcoin is already very popular, so Bitcoin and altcoin prices will definitely continue to increase every time, even if Bitcoin is accepted or not by the country;

3. because many companies are starting to use cryptocurrency (Bitcoin and altcoin) for their projects in the future;

4. it depends on you, if you want to invest for the long term, then you better to hold.

for the altcoins that are traded, I think that it is only feasible for a few altcoins, and of course bitcoin, with the spread of coins held by investors, it is less likely to be manipulated, considering that there are many new altcoins that are difficult to predict, especially from a chartist perspective, and for investing, I think altcoins the most viable top board, considering that this altcoin is the closest to bitcoin, so it will follow its movements, even the way to survive a bearish season will always be safe for the long term

[doomloop]

1. of course the price of altcoin will also increase very high, because more investors will invest and use cryptocurrency;

2. there will be no significant changes if Bitcoin is accepted by the country, because Bitcoin is already very popular, so Bitcoin and altcoin prices will definitely continue to increase every time, even if Bitcoin is accepted or not by the country;

3. because many companies are starting to use cryptocurrency (Bitcoin and altcoin) for their projects in the future;

4. it depends on you, if you want to invest for the long term, then you better to hold.

1. Not all altcoins but only the best ones because they are the ones which investors HODL and invest more. Many of us are going to be happy if more people will also use their cryptos regularly and not just idling them to earn a profit.

2. I think there is. Once Bitcoin is accepted, alts can too. Our crypto experience won't be completed without an altcoin because BTC lacks some features which can only be found in Bitcoin. BTC might be popular already but I think there are still lots of countries or people who are not yet involved with it. They can help the price to rise evenly.

3. I'm not really sure about it but it can also depend on what type of company it is.

4. That is the objective of long-term investing. That is, one should HODL long enough.

[kotajikikox]

Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.

Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.

But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know

1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into  Bitcoin?

2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?

3. If alt  coins survive in the next century what is the reason it would.

4. Should alt coins be traded rather than HODL?



I hope my questions aren't too many.

Thank you for your time once again.

1. of course the price of altcoin will also increase very high, because more investors will invest and use cryptocurrency;

2. there will be no significant changes if Bitcoin is accepted by the country, because Bitcoin is already very popular, so Bitcoin and altcoin prices will definitely continue to increase every time, even if Bitcoin is accepted or not by the country;

3. because many companies are starting to use cryptocurrency (Bitcoin and altcoin) for their projects in the future;

4. it depends on you, if you want to invest for the long term, then you better to hold.

for the altcoins that are traded, I think that it is only feasible for a few altcoins, and of course bitcoin, with the spread of coins held by investors, it is less likely to be manipulated, considering that there are many new altcoins that are difficult to predict, especially from a chartist perspective, and for investing, I think altcoins the most viable top board, considering that this altcoin is the closest to bitcoin, so it will follow its movements, even the way to survive a bearish season will always be safe for the long term

Which altcoins are those? you did not mentioned names instead you are only pointing to some but calling to closest to bitcoin , means those are Ranking coins like  Ethereum and other top 10 currencies?
but putting your money in New altcoins are like putting your funds in danger so try not to become another victim of stagnant project .

[Chato1977]

3. If alt  coins survive in the next century what is the reason it would.

4. Should alt coins be traded rather than HODL?

I hope my questions aren't too many.

Thank you for your time once again.

As long as Bitcoin is alive then altcoin will continue to survive.

Altcoin must be for trading as its fast moving nature not like in Bitcoin that mostly stays slow in movement .

[Sophokles]

Hello everyone, I made my first post here and the words of advice were really touching(maybe it's because I am weak-hearted) and encouraging. Thank you all for making me feel at home.

Now back to my question. My thoughts were that alternative(Alt) coins were created by organizations or developers to serve as a digital currency for their product or service, or improve on the shortcomings of their parent coin. I believed an alt coin with a real purpose was here to stay like Bitcoin.

But reading certain threads made me realize that my thoughts might be flawed and that maybe alt coins are good for making short gains and not long since some analysts believe they are subject to pump and dump. So would like to know

1. What will happen to alt coins when Bitcoin becomes a legal tender? Will they have a massive growth,or would people sell and jump into  Bitcoin?

2. What would happen to alt coins when Bitcoin becomes relatively stable( when it is fully mined and will solve its problem of price volatility)? Will alt coins survive the test of time? Will new alt coins be created later? What would become of the various countries'currencies, especially the Dollar (the global reserve currency) after Bitcoin's general acceptance?

3. If alt  coins survive in the next century what is the reason it would.

4. Should alt coins be traded rather than HODL?



I hope my questions aren't too many.

Thank you for your time once again.

What is the point of talking about the survival of altcoin the the next century? BTC will survive till the next century no one can know that. Before taking any financial decisions about anything you need to learn about that thing's behaviour. In the long run BTC proves to be a consistent performer but it the short term it can scare you. But for the alts most of them don't survive the 2 bull cycle. This makes alts highly risky for long term holding. For investing in altcoin your plan should be short term. Invest in them, make profit and leave.

[el kaka22]

I am not sure if we can see that further into the future. I understand people want ot be able to see the future, be a visionary, be able to make calculations that would be true for generations and yet we are not capable of knowing what the price of bitcoin will be next month let alone be able to know what the next century of altcoins will be like.

This is why it's smarter to make sure that you are doing the right thing and you are not doing any mistakes, it will allow you to know what you are doing. Make shorter term calculations and make sure that you are doing something that will benefit you, it should be allowing you to do something that will give you some time to get away and it will definitely give you a bigger profit.

[btc78]

for the altcoins that are traded, I think that it is only feasible for a few altcoins, and of course bitcoin, with the spread of coins held by investors, it is less likely to be manipulated, considering that there are many new altcoins that are difficult to predict, especially from a chartist perspective, and for investing, I think altcoins the most viable top board, considering that this altcoin is the closest to bitcoin, so it will follow its movements, even the way to survive a bearish season will always be safe for the long term

manipulation happens in most low cap altcoins because they are the one who is easy to play with though even Bitcoin sometimes being questioned to be manipulated so yeah none are free from those playing .

But for me the net century Altcoins are the one who stands beside bitcoin all these years and yes , Ethereum is one of the best contented while Binance is now in the verge of having trouble .

[lixer]

As long as Bitcoin is alive then altcoin will continue to survive.

Altcoin must be for trading as its fast moving nature not like in Bitcoin that mostly stays slow in movement .

That's what most people use them for, apart from a few altcoins that are the top ones, like ETH, all other altcoins are used for short-term or mid-term trading because of their highly volatile nature and when an asset is highly volatile, they carry a lot of risks if they are held for a long time since you never know when it drops its value significantly and don't even give you a window to be able to sell your holdings which can cause you losses or you will have to wait a long time for the coin to regain value so that you can sell your assets.

Altcoins can be a great way to earn quick profits, and people often consider this fact while trading altcoins despite the risks involved because if you can get about 10% gain in a single day from an altcoin, you can't ask for more than that from a financial market considering your capital is high enough and 10% of it is good money.

[tvplus006]

...3. If alt  coins survive in the next century what is the reason it would...

Are you really that interested in this? How old will you be in the next century? Even if you are only 20 years old now, you will be about 100 years old in the next century. Therefore, even if altcoins survive to the next century, you are unlikely to be able to live as long) We need to discuss more real issues.