Post
Topic
Board Altcoin Discussion
Re: Do we Need Altcoin?
by
len01
on 11/07/2022, 05:10:20 UTC
others may have unique features that make them more useful or desirable than traditional fiat currencies.
we cannot compare altcoins with traditional fiat currencies. because they both have different functions



That said, there are a number of reasons why people may choose to invest in
the reason some people invest in altcoins is because the bullish rate of profit is very high at a cheaper price compared to other coins.
but investing in altcoins also has the potential for big losses when bearish hit. because usually the total supply of altcoins is very large and when the bearish come and all investors throw the altcoins it has a very bad impact and makes the price lower.