Post
Topic
Board Altcoin Discussion
Re: best alternative to bitcoins
by
The Pharmacist
on 28/11/2016, 02:49:58 UTC
hello everyone, i would like to invest in cryptocurrencies apart from bitcoins which cryptocurrency is advisable to invest in

nothing can compete with bitcoin. not as a currency to be used for payment or money transfer and not in terms of investment. because all of the altcoins are so much riskier than bitcoin investment. with bitcoin you know there is always some use for it and you can always use it to pay for stuff online but altcoins are only kept in your wallet for a short time before you dump them.

and because of pump and dumps that are happening you can never predict altcoin movements.

also in the end i have to warn you to be careful what coins are suggested here because most of them are not going to be good.
Gotta agree with most of this, except I'd like to say that some of the altcoins I've used have confirmation times that are so much faster than bitcoin.  And I haven't used that many, mainly Dash and doge and litecoin.  I would certainly not say any of those are better than bitcoin, but they're not useless or worthless by any means.

OP, I'd do some serious research before actually buying anything, else you can lose everything pretty damn quick.  But if you're looking to sock away money in cryptocurrency then just stick with bitcoin.