Post
Topic
Board Altcoin Discussion
Re: I'm new here,what is altcoin
by
Vitalicus
on 02/07/2020, 05:31:16 UTC
Even though ethereum is ranked 2nd coinmarketcap, in my opinion ethereum is still altcoin. Coins or tokens are said to be altcoin because Bitcoin is a pioneer in the world of cryptocurrency and hereinafter referred to as altcoin. In my opinion, some altcoins have prospects because with the increasingly high price of Bitcoin, it makes investors interested in speculating on altcoin
This is what I think too! Altcoins (Alternate coins) are the coins besides Bitcoin. Bitcoin is considered as the main coin in this cryptocurrency market since it has been founded and developed very first. It doesn't mean we should only focus on BTC because all other altcoins have great potential of being increased. When the BTC value started to fluctuate not too much, traders tend to invest in altcoins to earn profits!