Post
Topic
Board Nigeria (Naija)
Re: Balancing Financial security and Bitcoin Accumulation
by
Humblevirus
on 07/08/2025, 21:20:08 UTC

I think the right classification should be; 1) Bitcoin and 2) other cryptocurrencies which comprises of the altcoins and the shitcoins. This would allow a beginner understand the difference and judge accordingly.
I thought that anything that was not bitcoin is a shitcoin.  What is the difference between altcoins and shitcoins? are you trying to say that some altcoins are not shitcoins?

Of course, any cryptocurrency that is not Bitcoin is called an alternative coin, and either memecoin or shitcoin, they are all classified as alternative coins, which is shortened as altcoin. But the truth is that some people are just deceiving themselves, trying to differentiate and call some altcoins shitcoins or memecoins, but the truth is that there are no differences as far as it’s not Bitcoin. The painful thing is that some people believe and are deceived by the differences some people try to put on alternative coins. But even they are trying to differentiate them the same way. Even FTX coin, which was considered a good alternative coin back then, why is the coin now? So, any coin apart from Bitcoin, I don't think it's worth investing in, at least for me.