Post
Topic
Board Trading Discussion
Re: Fundamentally good coins
by
TheUltraElite
on 26/09/2021, 05:41:01 UTC
cryptocurrency especially coins that have strong fundamental be good place to growth our money in long term as long as its free money and we have another saving to fill daily needs and urgent needs.
If you can spend crypto in your local stores to buy daily necessities - then it is good for you. But not everyone lives in such countries today. In many places bitcoin and crypto are grey areas.

Fiat has its importance of running the economy, you can just be so stubborn to save money in crypto completely which has its own risks. There needs to be a fine balance between saving fiat and saving crypto and this will be governed by what mode is being accepted in your country.

I think fundamentally "good" coin is bitcoin and that is a leading cause of why so many shitcoins actually exist. Because they all try to copy and bring their names to fame from bitcoin - the coin that everyone needs to focus on. So if someone wants to get into crypto, they should use the term singularly for bitcoin and stalk its price for getting a point to buy in.