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Question: Which Altcoin do you use the most?
Litecoin - 4 (7.3%)
Ethereum - 25 (45.5%)
Dogecoin - 4 (7.3%)
Tether - 1 (1.8%)
Tron - 0 (0%)
BNB - 8 (14.5%)
Bitcoin Cash - 0 (0%)
Link - 0 (0%)
XRP - 3 (5.5%)
Other (Post Reply) - 10 (18.2%)
Total Voters: 55

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Author Topic: What's your Favorite Altcoin and Why?  (Read 1545 times)
BitcoinPanther
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November 09, 2023, 09:57:12 PM
 #61

I like [UTK]  UTRUST because they bridge the missing part of cryptocurrency where they solve the disadvantage of the buyer by creating an escrow system that ensure that the buyer will not get scammed by the seller.  I also like Polygon because of the potential of huge profit when the altcoin rally.  Aside from these two I also like TRX, LTC, Doge and other altcoins that have fast confirmation and cheaper transaction fee.

Currently, I am not holding any of the favorite altcoins I like; the only altcoins I am holding are most of the shitcoins, which have little possibility of becoming valuable coins. Although I like BNB because of CZ Binance and the Binance exchange, the exchange is a very popular one, which makes the coin have better usability, and I think if the exchange continues to exist, the coin value will likely increase. Ethereum is also an altcoin I like because the blockchain is very popular and the majority of projects are launched on it. Next is Dogecoin; it's one of the meme coins I like, followed by Matic; the transaction fee is too cheap.


Shitcoins when lucky can change our lives, it maybe a shot to the moon but if it hits, it will make a life changing profit.  So I also think that it does not harm to have some shitcoins that has huge possibility to be pumped.
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November 09, 2023, 11:09:09 PM
 #62

  Of the ones you mentioned, Polygon, Tron, Ripple, Bnb, and Doge are there, but the others aren't there because I'm accumulating a lot of cryptocurrencies. To be honest, I think this upcoming bull run has the potential to rise.

  But if I only have a lot of money to buy Ethereum, I will include it in my priority list for DCA weekly, but I will probably also try to somehow have holdings. And it seems more okay than Bitcoin collect. Although I'm not saying it's bad to save Bitcoin, the chances of me making a lot of money are low if I compare it to other cryptos that also have potential in the future.

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November 09, 2023, 11:52:41 PM
 #63

Shitcoins when lucky can change our lives, it maybe a shot to the moon but if it hits, it will make a life changing profit.  So I also think that it does not harm to have some shitcoins that has huge possibility to be pumped.

Yea, but there are some of those shitcoins that have been in my wallet for more than two years now, and they are just worthless. In some cases, the project owners can just decide to swap the coin and ask you to pass some KYC, which they will not even verify until the period is over. I don't doubt that there could be some altcoins that can, luckily, boom the investor, but it's all luck. If you are not lucky, that means my assets have just been wasted.

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November 10, 2023, 09:32:42 PM
 #64

Yea, but there are some of those shitcoins that have been in my wallet for more than two years now, and they are just worthless. In some cases, the project owners can just decide to swap the coin and ask you to pass some KYC, which they will not even verify until the period is over. I don't doubt that there could be some altcoins that can, luckily, boom the investor, but it's all luck. If you are not lucky, that means my assets have just been wasted.
I also still have those shit coins, I think there are more than 10shit coins that are in my wallet.  Grin Grin Grin
And what they mean is shit coins that I bought in the previous bullish era, not shit coins that were sent randomly by scammers. Just imagine. I don't know whether the price of these coins will still have a price or whether it will increase again or not. Until I don't care anymore. This has been a super valuable lesson for me. In fact, I have attended the Binance launchpad several times and those are some of the shitcoins I got from there. I don't know if it will actually increase again or not. Once again, if we are aware of these shitcoins, then we are really aware that it is a risk for us and there is no need to worry about it anymore. Just make it a valuable experience so that later you will be more careful. What this means is that it is better to focus on Bitcoin which is relatively more profitable.

R


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November 10, 2023, 09:35:28 PM
 #65

If it is what I use, I use these following altcoins either for transactions and for my own personal holdings;

  • ETH
  • BNB
  • LTC
  • Doge
  • Polygon
  • Tron

I've got a lot of them but they're just dust amounts so I won't mention those because they're like a total garbage on my portfolio.



 

 

 

 

 

 


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November 11, 2023, 05:06:58 PM
 #66

I have sentimental fears for altcoins as they aren't reliable and their future is not potent to submit ones portfolio into it for a long time Investment plan. For those that have felt the pangs of altcoins will have a fine perception about my fears for that I have made peace with bitcoin avoiding all altcoins by all means.  There's a lot of hype with ethereum and that's because of how it's been closely following bitcoin and  the versatility it's gaining despite that, I won't put my two cents on it it's still an altcoin.
When you say that, it seems there is only one altcoin you see, or you think all of them are the same. But that was wrong. Like the OP said, there are thousand's of them. With that huge number, I'm sure there will always be altcoins who are performing better and can be trusted for more years to come because they already have an experience.

Investing for the long term, is not taxing in the body. We don't want to invest hundreds of cryptos here but 2 or 3 good cryptos can do well already. And even if you only invest in Bitcoin alone, that won't still give you a peace of mind if you are worrying about your investment. So don't be too confident about that.

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November 12, 2023, 01:34:23 PM
 #67

There are 1000's of Alternative Crypto-Currencies out there, but which one do you actually use?

Post your favorite Altcoin below and tell us why you think so.


I am just going with Ethereum, I guess, because we know Ethereum is the most stable altcoin among others. And the profit it gave was greater than any other coin. Because in the future, Ethereum will have more scope than Bitcoin. I know some traders and my friends who are holding more Ethereum than Bitcoin. The major reason for considering Ethereum is because of the advanced version of block chain technology compared to the Bitcoin block chain. The transaction time is shorter, more user-friendly, and there are more transactions at the same time as compared to the Bitcoin block chain. Maybe in the future, invent a better technology than now to resolve the current default.

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November 15, 2023, 02:12:26 AM
 #68

Yea, but there are some of those shitcoins that have been in my wallet for more than two years now, and they are just worthless. In some cases, the project owners can just decide to swap the coin and ask you to pass some KYC, which they will not even verify until the period is over. I don't doubt that there could be some altcoins that can, luckily, boom the investor, but it's all luck. If you are not lucky, that means my assets have just been wasted.
I also still have those shit coins, I think there are more than 10shit coins that are in my wallet.  Grin Grin Grin
And what they mean is shit coins that I bought in the previous bullish era, not shit coins that were sent randomly by scammers. Just imagine. I don't know whether the price of these coins will still have a price or whether it will increase again or not. Until I don't care anymore. This has been a super valuable lesson for me. In fact, I have attended the Binance launchpad several times and those are some of the shitcoins I got from there. I don't know if it will actually increase again or not. Once again, if we are aware of these shitcoins, then we are really aware that it is a risk for us and there is no need to worry about it anymore. Just make it a valuable experience so that later you will be more careful. What this means is that it is better to focus on Bitcoin which is relatively more profitable.
I am on the same boat, like many users here there was a time in which I believed altcoins had a brighter future and something good could come out of them, and while there are a few good altcoins out there, we must also recognize they are the minority and the majority of those altcoins are worth nothing.

However while it was a painful lesson at the time, I also learned from my mistakes and now regardless of the promises the developers of those coins make I simply ignore them, since I know they are just lying in order to get more people to buy their coins.

.
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November 15, 2023, 04:31:02 AM
 #69

Most favourite altcoin? Well, that's automatic, I don't think someone is beating ETH in the altcoin market.
With its continued innovation in smart contracts technology and development of decentralised applications, nothing is more consistent than ETH.

I'm also using XRP because of it's low transaction fees. Also, BNB for my Binance transactions, also looking forward for this coin despite of all the issues and drama with Binance.

R


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November 15, 2023, 05:59:02 AM
 #70

I mostly trade in Ethereum as my preferred altcoin. I find it  reliable cryptocurrency with a strong community. The Ethereum network also have a higher transaction speed compared to some other altcoins making it more efficient for me but some it has much higher fee.

Ethereum has established itself as a prominent altcoin in the cryptocurrency market. Its smart contract usage has revolutionized the crypto world. The increasing acceptance of Ethereum by businesses and industries which showing its importance. Like you can see Blackrock also added Ethereum in its list of ETF.

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November 15, 2023, 07:39:08 AM
 #71

It would have to be Doge for me.
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November 15, 2023, 12:15:22 PM
 #72

BNB, I've invested in BNB and it gives me a good pay out. That was 2020-2021 if I'm not mistaken. Though I've invested in some alts before but BNB is my most favorite altcoin. Even if I invest again, I will still invest my money to BNB. I've got a good feeling about the coin and I will continue to support BNB all throughout.

Back 2018-2019 I'm into XRP, but XRP is so slow and I've lost a little money in that so I stop and wait for the right time to invest again.

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November 15, 2023, 12:54:11 PM
 #73

Most favourite altcoin? Well, that's automatic, I don't think someone is beating ETH in the altcoin market.
With its continued innovation in smart contracts technology and development of decentralised applications, nothing is more consistent than ETH.

I'm also using XRP because of it's low transaction fees. Also, BNB for my Binance transactions, also looking forward for this coin despite of all the issues and drama with Binance.
Yes, ethereum has always been the top altcoin. I also got several benefits from Ethereum, and that makes Ethereum still my favorite altcoin to this day. However, even though it is a favorite, I still often use other altcoins such as BNB. however, the highest potential crypto after Bitcoin, I think it is Ethereum. Apart from that, I also think that many crypto users also idolize Ethereum as one of their favorites, and it continues to be included in their crypto investment portfolio.

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November 15, 2023, 01:02:57 PM
 #74

Altcoins that follow the movements of the rise and fall of the king, such as ethereum and bnb, have become the choice of many people, both new and old, who are involved in the world of trading and investment, the reason is simple, of course people will see the movement of bitcoin, meaning they always pay attention to its movements so that the altcoins they save will follow suit too

SUGAR
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November 15, 2023, 06:01:54 PM
 #75

Ethereum remains my first choice even if recently it has undergone ups and downs both in terms of value and reliability after the various forks and eips and the transition to staking but in my opinion it remains the best and the most versatile
Ethereum and litecoin are mostly people's first choice, because of how long they've stood the test of time, especially Here in my country.
But one issue people have with altcoin is there rise and fall attitude in their market value, which over time has scared a lot of investors.

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November 15, 2023, 06:11:40 PM
 #76

It would have to be Doge for me.


you are probably a gambler most of us here. doge is fast and cheap to spend. i like Doge and Tron because of their use case being accepted mostly in every casino in crypto.

many of us hold different crypto i have some unknown crypto that i still hold even when its ANN doesn't surface anymore in the altcoin section. i still have some exchange token that still traded well but are not very popular since it's a dex. weird thing is that i'm hooked to its chatbox where we all chat about just about anything sometimes intimate stuff already. Grin









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November 21, 2023, 04:34:13 PM
 #77

I have not used in altcoins yet because I have not really understand their movement, when I see that they Trustworthy to use then I will invest in them. And one I will like to invest in the future are Ethereum and ElonCoin if it is appreciating in value. As for Ethereum, this is the best time to invest because it appreciating and the value is encouraging to invest and ElonCoin is new to the system or industry so I have to observe and one thing that make people to invest on altcoins very well is when the coins list in most of the centralized exchange platforms and decentralized exchange platforms.

And for now I don't have favourite altcoins but I know that most people will take Ethereum because it is the second in line with bitcoin.









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November 21, 2023, 04:44:42 PM
 #78

op You must first decide which coin you want to trade. If you are interested in trading alt coins then you must choose Ethereum. The most reliable alt coin is Ethereum. If you want to trade Ethereum you must have a long term plan. Trading Ethereum with a long-term plan leads to better success.

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November 23, 2023, 05:35:30 AM
 #79

If you ask me, currently my favorite altcoin is Etny, because I have quite a lot of it, and up to now its development has been able to be swapped to ECDL, and later on November 28th it will be listed on the exchange. many people are waiting for that moment, I hope the listing price doesn't disappoint so I can harvest after so many years of waiting. that's my only hope for the near term, and if it meets expectations, then I will invest some of it in the top 10 coins

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November 23, 2023, 08:36:05 AM
 #80

There are 1000's of Alternative Crypto-Currencies out there, but which one do you actually use?

Post your favorite Altcoin below and tell us why you think so.


since I entered the world of cryptocurrency in 2020 - now eth is one of my favorite altcoins and eth has given me a lot of profits, especially the king of altcoins, namely ethereum, top 2 in marketcap after bitcoin and eth, I think it is very suitable for long-term investment and especially In my opinion, the current price of eth is still relatively cheap

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