Post
Topic
Board Altcoin Discussion
Re: Is it worth buying other cryptocurrencies other than bitcoin?
by
mhine07
on 05/08/2021, 01:15:46 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?
For me yes it is worth buying other cryptocurrencies, but make sure you research about what you want to buy because most other cryptocurrencies have no value nor future, you will surely lose your money if that happens. You can always buy those altcoins and search them in the coinmarketcap. Etherium is one worth to buy if you want to invest in a long term and make good profits for a long term.