Topic: Advantages of altcoins ? - page 15. (Read 2642 times)
Firstly - price. Usually they are cheaper than BTC and many traders can buy some coins. Than - the growth of price can be at times bigger and can even be x15-x30 or even more.
if you are asking advantages of buying and trading altcoins, this is the most common way to increase your bitcoin amount. if you can predict the trend of an altcoin you can really make good profit in a very short time.
Most of them have another purpose, they're not all meant to be for payments.
The advantage of shanzhai currency is that during the bull market, the price of BTC will continue to rise. At that time, the profit efficiency of shanzhai currency will be much higher than that of BTC.
What advantages do altcoins have that differs it from bitcoin ?
Fast movement, I think the fluctuations that occur in altcoin very profitable, why? because we can take advantage of this rapid change of value to be profitable, altcoin like doge is great for use as a transaction with small fee, Another advantage is the concept that continues to grow.
For example, faster transactions than bitcoins or support for smart contracts. Advantages can be a lot.
What advantages do altcoins have that differs it from bitcoin ?
Overall, it depends on the purpose of the coins, but the main advantages that most altcoins have to BTC are related to transaction time, transaction fees, number of transactions, and so on. I think it's basically this.
The most advantages of altcoin is it is more cheap than bitcoin.
I will try to overpersuade you in that. Indeed it would be an advantage, if every altcoin's price in USD were the same as of BTC eventually. But, as we all know, this will never be the case. The most likely scenario for a good coin (let's forget about sh*tcoins for now) is rising with the same pace as that of Bitcoin, and thus your $200 may become $500 regardless of whether you've invested them in a "cheap" altcoin or in "expensive" Bitcoin.
Of course there are exceptions but they work both ways. Thus, investing in good altcoins you can either earn a bit more than from investing in BTC or a bit less.
With sh*tcoins is another story. It's like betting on a very weak team in sports or playing with a high multiplier in dice: you will win big time in case of winning, but most likely you will lose.
What advantages do altcoins have that differs it from bitcoin ?
Well about the advantages I can say that altcoins are really great. As far as the comparison is concerned, I would say they are quite stable and have a lot of projects which can help in its incredible performance. My coins TAU, NEO and ADA are very good. What advantages do altcoins have that differs it from bitcoin ?
With the altcoins I have, there are many advantages to be honest. My coins PRG, ICX and Lisk are stable right now unlike btc and are working excellent in the market. They are totally worth investing in.
I think there are many things that distinguish between bitcoin and altcoin, first of all is the price, altcoin prices will be greatly influenced by the price of bitcoin and ETH, because generally altcoin prices are highly dependent on market value. the altcoin price is determined by the project issuing the ICOs when the ICOs reach Hardcap it is certain that the value of the altcoin will be valuable, whereas if it does not reach hardcap it can be seen that the altcoin will not penetrate the good sale price or may fail, while Bitcoin is not affected by the project whether it works or not, because Bitcoin is the digital currency that dominates cryptocurrency.
What advantages do altcoins have that differs it from bitcoin ?
This are the some advantages ofor altcoins.Tackling Inflation Rates: Fiat currencies are subject to constant devaluation. Lots of people have started stocking up on Altcoins in segregated accounts because real-life financial crisis does not affect their value in a negative way.
One of altcoin advantage which I see is most Altcoin exchanges have a mobile app. The only thing that users have to do is scan a given product’s QR Code and then they pay automatically. Every transaction is thoroughly described in their account history. There are no hidden fees or transfer taxes. And also users who have acquired Altcoins via crypto mining or currency trading are the sole ones who have access to the said digital monetary sums. E-Wallets can be accessed only with the use of the private key which is owned by the account holder.
altcoin was created to compete with bitcoin. Because postpartum delivery is so late altcoin has many advantages compared to bitcoin. altcoin is an alternate for bitcoin as it improves and addresses the disadvantages of bitcoin protocol.
creative alts have a few highlights like shrewd contracts, shadring, pos mining, exchange speed is extremely pleasant, up to 15k tps. We are still in time when stage venture beats each orther to get their prominence and value for the general population.
The most advantages of altcoin is it is more cheap than bitcoin.
Altcoin has the opportunity to grow faster and the price tends to be cheaper. In my opinion, altcoin is perfect for short-term investments. Opportunities to earn daily profits quite a lot, especially when the market is in green. The relatively fast price jumps can be used to make a profit.
The main advantage of Altcoins is profit, various altcoins can be double easily and many altcoins that we see was raise 300 times and more .
The element approximately altcoins is that they help to cowl up some thing gaps that bitcoin leaves inside the market. If there may be a quarter or a service that bitcoin can't be used for then you could make sure that there's an altcoin available that could do precisely that for you as distinctive altcoins have differnect use instances
The advantage is that the growth rate is quite high if we take it hard, it may be extremely profitable for you than holding BTC and ETH.
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