Quote from: SickDayIn on April 27, 2024, 12:21:02 PM

According to CoinGecko, there are over 2.5 million cryptocurrencies (read more here: https://www.coingecko.com/research/publications/how-many-cryptocurrencies-are-there).

\damn , is this serious? we have 2.5 million cryptocurrencies created? i thought there are thousands but never that i have idea about this huge lol

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Whilst these are classified as cryptocurrencies, the reality is that the majority of these are actually just tokens, primarily on the Ethereum or Solana Blockchains.

and majority are just scam projects , better to directly address as such mate Grin

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What I am ultimately getting at here in the theme of my post is that there is no other coin besides Bitcoin, which you can trust can be held over the long term.

this is also why we are diversifying , the old days of HODL bitcoin ONLY have long passed and we are now believing that there are other coins that can generate us better result than just purely in bitcoin.