Post
Topic
Board Altcoin Discussion
Re: altcoins
by
Viscore
on 21/08/2021, 22:55:57 UTC
i am new in crypto world and i don't have much information about altcoins and gem hidden coins can any one tell me the difference between altcoins and gem coins and how can i find the real coin for investment?
When it comes to finding gem coins, you need to make sure that you are well knowledgeable about the current market situation. In order for you to find out the best coins at the moment, you need to first analyze how the market is going. Obviously, bitcoin is at the top and it is one of the most desirable coin to invest with but there are still other coins you can invest to. You can diversify your investment on it, on altcoins that has the potential of becoming successful. Make sure you spare some time to speculate other coins other than bitcoin because bitcoin is not always rising but some altcoin usually does.
Altcoins will always be good alternatives for bitcoin but it does not mean that all of them have all the potentials to become profitable. Atleast you should learn to find those gems out from those thousands of altcoins in circulation.

And yes, you should have more knowledge on the background of altcoins so you won't come up investing in those altcoins with low potentials because it will always be a waste of time and money. Altcoins are even considered more promising than bitcoin, it's just that since a lot of scam projects have been arising and are bringing with them their worthless tokens.