Topic: what are the advantages of altcoin ? - page 20. (Read 2717 times)

LoL ''one advantage is it gives to the individual money to sustain the basic needs'' altcoins in fact has nothing to do with gains but both investors, projects and sec are in contradiction. Its one of the advantages is fast value transaction with low fee.

How could this be an advantage of altcoin?

What's good about altcoin is you can buy with the cheapest one and got a stock on your wallet with millions of it. And once it started to rise, you can dump those millions of tokens.

The advantage of altcoin is can be alternate to send our asset for a low fee, we know if we sent btc must pay a fee that is so expensive. With altcoin we can reduce the fee for sending our coin. Also, we can trade with altcoin to get more bitcoin.

its depends on what kind of features from the altcoins offering to the community
but, the most important thing is you can choose the best altcoins to invest in mate
so, you can make a lot of profit in your investments

However, there are many advantages of altcoin, the biggest benefit is to earn more in low invests because many people invest in altcoin and do business.

Cryptocurrencies are a very good asset, which has a number of advantages and disadvantages. Among the advantages I would like to mention:
1. Anyone can get such money with the help of specially organized activities (mining). Since there is no single emission center and no control over this process, no one can prohibit the extraction of crypto money in the network to ordinary citizens.
2. All operations with cryptocurrencies (so-called transactions) are completely anonymous. The only open information in this case is the number of the e – wallet. And all data on its owner are closed.
3. The decentralized production, in addition to the possibility of extraction of money by everyone, causes the lack of control over this process.
4. For each type of cryptocurrency, there is a limit to the issue. Thus, excessive emission is impossible and, as a consequence, there is no inflation in respect of this money.
5. Cryptocurrency is protected by a unique code such as an electronic signature, so it is protected from copying, and therefore it can not be forged.
6. There are practically no commissions for transactions, since the role of a third party to the relationship – banks is eliminated during transactions with the help of cryptocurrency. Consequently, such payments are comparatively cheaper than conventional cash.

I agree with you completely, if there was one coin, we would not have had the progress that has now, people would not have entered into this topic and tembolee invest money

There cannot just be one coin in the market and with the maximum number if coins that can only be gotten from bitcoin, it is not enough to serve everyone in the market and we need others to bring competition into the market because with competition, coins tend to go higher in price and value. And so the things that cannot be done with bitcoin, we can create other coins to support it.

in my opinion very many benefits. One of them is as a complement of bitcoin. When the price of the bitcoin decreases, there will be altcoin chances of rising. then by having both, you will always be able to earn profits anytime.

It's protitable though but I feel bad when dumpers dump on me

The most important function and advantage of altcoin is that it equips a lot of individuals in several countries and also provide the avenue to make more profits, more money from several altcoins dependent on investment

So it’s a good move
The only disadvantage of altcoin is that
It can send a lot of people back to the village if an expensive crashes down to the ground

Since it is too late to invest on bitcoin, newly listed altcoins could have a potential to grow just like bitcoin, maybe not a big as bitcoin but it still gives profit. Also not as volatile as the bitcoin the price could be stable in a day or weeks that can be a good payment method. Lastly, the greatest advantage for me is when the coin is still on pre-ICO stage you can buy more cheaper coins and when the ICO is successful and its demand grows and grows, you can enjoy the maximum profit you could possibly imagine.

Many altcoins are more advanced in technical characteristics than Bitcoin and they can bring much more value to people who use them.

To the benefits of Alts I would have related the development prospects of the projects that they represent, i understand perfectly that there are often empty promises, but there are good projects like ETH, NEO, WGR, etc. and they give a good profit due to confident growth.

a lot of benefits. Besides bitcoin, of course there is altcoin which also can make us gain profit when trading. because when the bitcoin price is low, then altcoin will rise in price. So can complement each other.

SubCoins is the fastest trading area in the world of digital currencies. there is constant money in and out of this area. The greatest advantage of subcoins is that I think they have the potential to rise to a level.

There are a lot of advantages like :
-->Low fees
-->Quick and easy payments
-->Easy access
-->Individual Control Over Earnings
-->Altcoins are cheap
-->Fast transactions
-->Universally-Accessible 24/7
-->Complete Anonymity & Protection of Personal Data
-->No third party
-->Highly secured
-->Various altcoins are present
-->Turning Mobile Payments into a Trend

There are many more advantages but listing all of them will take a long time . But don't just see the advantages , because there are many disadvantages too !! Because for every action, there is an equal and opposite reaction (Newton's third law)  

Thank You!!

What you explained is in general way of looking at the crypto currencies.

For me the real advantages is :

1) Altcoins are cheap and you can buy more quantity and gain more ROI if they get up surges
2) You can decide whether you want to diversify your money or not.
3) You can get hit by jackpot coin and get life settled forever.  
4) Altcoins are smooth on their investment as compared to heavy priced BTC.

The most important advantage is the bonuses that are given at an early stage of buying coins. A lot of cool bonuses!

I think the whole cryptocurrency market is a zero-sum game.
So someone who makes money means someone loses money, so you're not saying that.