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July 08, 2026, 02:35:30 PM *
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Author Topic: Being realistic and open-minded about altcoins can help you succeed!  (Read 29 times)
MarathonA (OP)
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July 07, 2026, 04:30:21 PM
 #1

You will see some people here at bitcointalk.org who loudly claim "All altcoins are a scam!", "None of them are decentralized like Bitcoin" (that one I saw today it's BS), etc. Some important things simply cannot be done with Bitcoin alone. Being realistic and open-minded about altcoins can help you succeed; Quoted here is something I wrote in another thread a while back:

Altcoins can be traded with Bitcoin in an attempt to earn more crypto. You are in an exchange market competition against other traders where a small % of skilled traders win long term and most other people lose. This exciting competition helps identify the rare altcoins with long-term value and utility based on unique features which Bitcoin lacks. People who hate all altcoins frequently have a blind rage which is similar to racism against other humans, since they fail to see some things cannot be done with Bitcoin alone.


Enjoy your time at this forum, and remember not all newbies are "fresh new scammers", and not all new projects are garbage.
ps. If an established member is rude - or treats you badly - just because you're new, consider reporting their post to a mod, don't assume you deserve to be treated that way.  Smiley
obuoma
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Today at 02:26:46 AM
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This post in the Beginner & Help board will do more harm than good. The reason is that 99% of altcoins are usually fails and lead to losses and the data is public, so encouraging beginners to even think about altcoins wether by investment or trading, is suicidal. Beginners will do far better if they focus in investing into Bitcoin mainly for a start and holding for at least five to ten years and avoiding trading completely.


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