Post
Topic
Board Economics
Re: Bitcoin or altcoins
by
bakasabo
on 29/03/2022, 07:37:35 UTC
Sometimes, when I think about difference between Bitcoin and altcoins, I like to draw parallels to originals car spare parts and alternative spare parts. Alternative parts have different price categories, from low budget to premium, they can have different quality. But no matter what kind of spare parts you use, using original are always better. Even though alternative premium spare parts can "work" longer.
i think we are not talking about original or not. based on your describtion , i see altcoin as artifical currency in crypto market. bitcoin and altcoin has different definitian and fundamental.we are admit bitcoin as major or mother currency at market , but it doesnt mean as original coin.

It is not "artificial currency", I meant different. I meant, that all these altcoins are alternative choice. Original spare part is always best, or preferable. Choose whatever you want. But alternative spare parts (or altcoins) allow to make a choice more flexible. You can choose any based on your income, the way you use your car, the goals your car was build for or is in a process of building. Bitcoin - best for a long term investment. Altcoins - good for both long and short term investment. Can be used for pump and dump, depends from trends a lot, easy to be speculated, are affordable for everyone.