Quote from: btcsmlcmnr on Today at 04:38:36 AM

Quote from: Montane on Today at 04:14:43 AM

Just a really quick question. What is the difference between altcoins and coins and tokens? And how does the difference affect me from a prospective traders perspective?

Altcoins are created by forks, cloning sourced codes and they usually are wiped out by bear market. They have high price at starts but over time, they will slip down on price and gradually disappear from the market. Many of them end with 0 volume, zero development activities.

Invest your money into bitcoin and coins from top-notch exchanges. Since 2020, DeFi tokens are hottest but you will lose money if you invest in them and don't sell quick enough.

So how long before they usually get 'wiped out'? And like Binance is that a good exchange to trade on? What do you use? And tokens can be stored on an exchange right?