I see many talk about altcoins. What is that? where to get it? whats the benefit out of it? I am not sure whether this is a silly question, but i am new to your terminologies... Kindly assist me on this please...
Altcoin is just a alternative cryptocurrency to the bitcoin. There are so many that exist today.
You can read some Altcoin
announcement here. Where the new Altcoin publish their launch.
IMO, the only benefits you can get is by trading it to bitcoin. Sometimes, you'll get a big profit and sometime don't. It just a matter of knowing on what coin to invest/buy.
Thank you so much. Am i on your track in understanding? I need to buy/invest in any altcoin and wait until that particular coin gets higher rates and then i sell it for higher price. This will make me a good profit. Am i right dude?