Post
Topic
Board Altcoin Discussion
Re: Is it worth buying other cryptocurrencies other than bitcoin?
by
apaben
on 04/08/2021, 18:47:56 UTC
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?
I am an investor by which I study the project very well. Utility coins are my best ones and I hold it for years specially when it is in its early age. I am also expanding my portfolio and still searching for gems. Another thing is that Top 100 coins have the most potential for profit.
many people who invest heavily believe that by the end of this year altcoins will be good, the cryptocurrency market could experience some real growth and some explosions of some altcoins that will rebound significantly, which of course aside from the huge growth by Bitcoin and Ethereum. There will still be some good DeFi platforms taking the place by storm but there won't be any big focus in general