We all know about cryptocurrencies and how they work. Everyone has their favorite crypto like I preferred bitcoin because there are lots of benefits of bitcoin, immediate settlement, greater liquidity, international transactions, security and direct transfer.
What you think about other cryptocurrencies?
To be honest, before I enter to cryptocurrency my first ideal cryptocurrency is bitcoin because my friend says that this bitcoin is called "digital gold" so I'm amazed and I start learning about crypto trading and how they work.
Some cryptocurrency is called altcoins "alternative digital currency to bitcoin" like ETHEREUM, SOLANA, SOLANA ETC. My favourite in altcoins is ETH(Ethereum) because you don't have to pay high transaction fees, and it has no centralized authority that can manage how this "digital gold" works. Ethereum has a lot of platforms, it enables peer-to-peer transaction and also its a long term like bitcoin.
Other cryptocurrencies is connected to bitcoin so if ever bitcoins drop, the whole market will be drop also.