But, there are many people who buy Bitcoin and use it for investment purposes only. They don't care about Bitcoins decentralized factor. The main reason why many people are skeptical about Altcoins is not because Altcoins are more centralized but because most of them are just scams.
When it comes to volatility, I think it was Bitcoins are the ones who are more volatile because it is less regulated. There are old Altcoins like Ethereum and Litecoin. They are not on the experimental stage anymore. These are the Altcoins that we should invest if we want to diversify our funds or if we are simply bored on investing in Bitcoins alone.
When it comes to volatility, I think it was Bitcoins are the ones who are more volatile because it is less regulated. There are old Altcoins like Ethereum and Litecoin. They are not on the experimental stage anymore. These are the Altcoins that we should invest if we want to diversify our funds or if we are simply bored on investing in Bitcoins alone.
I'd say 99.9% of investors don't care about decentralization as long as they're able to fill their pockets with money. Only true believers of crypto/Blockchain tech will. Altcoins are often a way to make huge profits due to their highly-unpredictable nature. Investors see these alternative currencies as an opportunity to become rich in the long term. They've missed the "Bitcoin train", so their only option is to invest into prominent altcoins with the hopes of turning a profit during the next bull market.
Choosing the right alts can be difficult, especially when many of them provide unique features to the world. I'd stick with oldies such as Ethereum and Litecoin for complete peace of mind. Who knows what surprises we'll find in the next bull market? Just my thoughts
