Post
Topic
Board Speculation (Altcoins)
Re: BTC or altcoin
by
FinePoine0
on 09/08/2024, 01:22:53 UTC
I recently made some money through Amazon Kindle Direct Publishing, and I'm considering using it to purchase some Bitcoin. Only a tiny sum, roughly $800, is involved. What do you suggest doing right now? Purchase some Bitcoin or another cryptocurrency with a promising future.

What replacement coins would you recommend?

Bitcoin is known for its stability and social trust, and is also called “digital gold.
A promising altcoin is Binance Coin (BNB), which is one of the largest cryptocurrency exchanges and can also reduce transaction costs.
Bitcoin is recommended for its stability and reliability.

This is true. Binance Coin (BNB) is a promising coin. Cool

If you like BNB Coin as a pledge currency, then keep Bitcoin on your chest. Because Bitcoin exists today, other Altcoins survive in the market. As you continue to see bitcoin price drop it recovers straight away, the last dumping in the bitcoin market was the $70k to $49k touch. But that Bitcoin touched again up to 62K then you notice that Bitcoin is definitely preferred as the best coin.  And other altcoins are in their rightful place, the general improvement has been slow, Bitcoin is the best.