Quote from: Shallow on July 23, 2021, 08:51:35 PM

Quote from: Magicalking on July 03, 2021, 02:48:08 PM

I heard about Bitcoin and ethereum around the same time. Bitcoin was I believe around $15k and ETH was below $200. I couldn't afford to buy 1btc so I didn't buy any and I didn't buy ethereum because I believed Bitcoin was the only genuine crypto currency to buy. But since my discovery of this forum I have found members who believe different. Looking back I see I have lost on both fronts and wasted an opportunity. So my question is this which is more important factor to consider before buying a coin, do you buy because of the technology of the project and what it has to offer, the utility of the token or the news?

Although Bitcoin is the best crypto out there with outstanding features which has made it a point of attraction for most big cooperations, there are still some altcoins which are worth buying.
Starting from the second best altcoin which is Ethereum, everyone who is within the crypto space can see that, Ethereum is one of a kind when it comes to smart contracts and DApp, even to the extent most upcoming blockchains can't be compared to Ethereum; therefore seeing a coin like this with such features shows that Ethereum is worth buying.
Another which I can say is worth buying is BNB, owing to the fact it is a coin of the best exchange in the crypto space which is Binance.
The truth is that, only a very few project team are actually working towards a brighter future, a lot which started well are no where now, some are even dead or the team are already out of ideas.
So to answer your question, there are very few altcoins which are worth buying while a whole lot are just scams.

In terms of features, Bitcoin isn't particularly multifaceted, but it brings to the table what other coins will never be able to bring to the table and that is organic growth. Bitcoin grew organically without much public attention. It built its user base and its supporter base over many years until it was really noticed by the broader public. That is very healthy for the distribution and for the ecosystem as a whole. Not too many financial interests were involved in the decision making process because nobody really know where this is going to go. Today if a promising project is launched it's all eyes on that project, financial interests involved, manipulation right from the start and so on and so forth.