Topic: what are the advantages of altcoin ? - page 9. (Read 2716 times)
for me there is no particular advantage of a specific altcoyin, its value is an idea and a team of people who move it and promote it in the world!
I think that a lot of people are tired about BTC's being king and their have a good chances for altcoins to make them on the top, but it will take a lot of time.
The general plus is their trying to make BTC's dominance lower and to be more valuable and profitable. Alternatives are our future and investinn is very necessary for them.
Altcoins has made many to be free from financial aspect, makes some be more knowledgeable and create so many opportunities why in other hand has create bad eggs too, but it's advantage is much and super to the world at large and using blockchain technology has been a great thing to have happen in this generation ,
Investing in alts is profitable, doing bounty and getting airdrop has really helped many also it create an avenue for many to come up with many solutions to some industry and decentralizing them.
Investing in alts is profitable, doing bounty and getting airdrop has really helped many also it create an avenue for many to come up with many solutions to some industry and decentralizing them.
Main Advantages of altcoin are:---
1) It gives huge profit.
2) It provides high potential.
3) It is good for long term investment.
4) Transaction fees is very low and
5) Future is very bright.
1) It gives huge profit.
2) It provides high potential.
3) It is good for long term investment.
4) Transaction fees is very low and
5) Future is very bright.
Since Bitcoin has already established high price in the market, you can no longer buy more volume of it. Since you have little of it, you'll also get little profit from it. That is why Alternative coin is a good opportunity to buy more of volume. Many new coins that being introduced haa the same feature as bitcoin, there is also potential for this coins to grow as much as bitcoin have grown. I have coins that has lower initial price but also having low total circulating volume.
Although, having alternative coin may give you big return, you still have to wait fot longer time for you to realize tge worth of coin. Most alternative coins are good for long term investment. A coin has to be develoPED and it demands time to make it happen.
Although, having alternative coin may give you big return, you still have to wait fot longer time for you to realize tge worth of coin. Most alternative coins are good for long term investment. A coin has to be develoPED and it demands time to make it happen.
There are many advantages but there is always the fact that you can make a lot of money from investing in altcoins. They have a very high potential for return on investment which makes it very valuable for investors. Also without altcoins, there would be no such thing as trading and making short term investments into the new coins.
For me the advantages of having alternate coins are a lot but I will just mention these three main advantages for me. First is that it has lower price so you can buy more of these coins and get more profits or return of investment faster. Second is that it helps us mitigate the great risks in investing to crypto currency since through alt coins we can diversify our coins investment. and Lastly, these coins are just starting, still developing and yet to evolve, you can be part of its journey. Remember Bitcoin also started as a coins that no one wants to believe in, look at it now.
I think the advantage of altcoin is that everyone can buy it because the price is not too high. If there is only bitcoin, I'm sure not everyone can buy it because prices will increase quickly.
Alt coins were intended to supplement BTC, implies that their esteem is little when contrasted with Bitcoins, alt cons permits you exchange over various trade stages with a higher exchange rate and enables the coins to reflect in your record significantly quicker contrast with real coins Like BTC which takes various hours to execute, making it conceivable to lose an incentive all the while, The gas required for exchange is additionally low making them for the most part less expensive
As more people are introduced into the market specifically if all of those people are made for a singular coin then it all so happens that the not many people are involved in the investment of one coin which means that the correction phases for the coin are not as rapid and high
Altcoin in the first place suppose to be everything that bitcoin is not! Altcoin should be suitable for all sort of product and service while Bitcoin remain the most reliable payment system in the world.
I think cryptocurrencies create a society where ideas are discussed, skipping such things as politics. thus, it unites people. and it's great
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin
Altcoins are very beneficial. Not only do they benefit in terms of profit, but knowledge too. Coins like TAU, ADA and POWR are being listed on exchanges and their aim is also very powerful. They can easily benefit the users by all this knowledge.
I think investings in altcoins is really good cause you can choose what project you invest in and there is a lot of altcoin with different kind of project which is really helpful and you can choose the project that you love. Altcoins also have a big chance to have big grow cause they are mostly a startup company and you also might be able to buy the coin in very low price when they first time hit the market.
For me, altcoin has many advantages, one advantage is it gives to the individual money to sustain the basic needs, It also reduce the increasing number of unemployed in some countries, The people who work in bitcoin develops the ability to reason out, enhanced the English proficiency, that's the some advantage of altcoin
I will talk about PRG, ICX and Lisk only since I am investing there. I feel these coins are great and give users the benefit of high profits. PRG, too focuses on economy and allows users to buy cannabis and open up their cannabis businesses in paragon space.
If you compare Bitcoin with altcoins, you can find a lot of coins that are much more advanced in the technical platter than Bitcoin. I think that Litecoin is a good alternative.
Low transaction fee
Among other things, the cryptocurrency, i.e. various projects, under which the cryptocurrency is issued, develop the horizon. Load the brain with knowledge from different branches of life. Those who work with the crypt get information about things that other people have not heard about!
Of all the altcoins, I prefer NEO, EOS and Cardano. They completely suit me and I believe that they will be able to grow in price.
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