Post
Topic
Board Altcoin Discussion
Re: Why are altcoins important?
by
Zaichonok
on 17/07/2023, 06:57:20 UTC

I do not think that it would be common to make that type of profit, and it is rare for anyone to get that type of return as well. Not only we have very few tokens that go up like that, we also have very few people that get in at the bottom and get out at the top like that as well.

So all in all the reason is not that because people make that type of profit differently, and it is not going to be easy neither, we are not going to end up with a terrible situation, it's going to end up a bit different. Of course this is going to end up with a bit of trouble but at the end of the day you could still do that and I believe that's what people like in this situation, they like that there is a potential of making that kind of return.

There are so much scams and different kinds of fraud among altcoins. The most important is to check everything befor investing to evaluate the future potential of the coin. Not all the coins will be able to surve. That is why it is important to check how useful this altcoin is to evaluate its future potential and its demand in the future.