Get ready for the next crypto season🧣
Name your favorite Altcoin!
I have some ether in my portfolio so it's up there on my list of favorites, even though it isn't doing anything and is far away from its ATH.
I am the wrong person to discuss altcoins because I make an attempt to avoid them. I like the ability for traders to exit any positions in a coin and buy a stablecoin without that being considered a taxable event. You won't like my answer, but my favorite alts are therefore stablecoins.
I don't like holding Altcoins either and I always try to avoid Altcoins. However, I use Altcoins for gambling because they have very low withdrawal fees. And transactions are completed very quickly. I mostly use BNB to deposit on gambling sites because BNB has very fast transactions and withdrawal fees are very low. And if I want to hold altcoins, I hold BNB and SOL because according to my research, these two coins have a lot of potential and holding them can yield very good profits in the future.
Somehow its understandable for certain individual that they use altcoin for gambling since somehow I think this is the ideal option to use. Usually I grab stable coins or other top alts to deposit and I don't like to use my BTC since its meant to be for holding.
I don't want to waste my long time accumulation just for gambling and used those funds in alts that I can afford to lose.
Don't hold much any alts right now and usually I just either dump it or spend in on gambling. I'm buying more Bitcoin because I believe it will pump more in future.