Quote from: dragonvslinux on December 16, 2021, 10:31:59 AM

Please vote in the poll and explain your reasoning below...

Mid-way though Bitcoin's 2017 bull-run, Coinbase, the largest crypto exchange at the time, only offered the choice of three coins - BTC, ETH & LTC - before Binance even existed. Ethereum and Litecoin outperformed Bitcoin that year, especially after many new users saw their values had already increased much more than Bitcoin had, while only being given 3 investment choices.

Since May 2021 altcoin's market share has been around 60% of the total crypto market, confirming that the majority of investors are drawn towards altcoins rather than Bitcoin these days. Coinbase now has over 100 different altcoins, while the largest exchange now offers a choice of over 400 options. The days of turning to shady exchanges like Bittrex, Yobit and Cryptopia have long since passed.

But what is your reason for buying and holding these coins? What type of profits (fiat/btc/eth/other) are you hoping to achieve and have you already taken profits?

Do you genuinely believe any of your altcoins can genuinely surpass Bitcoin or Ethereum's market values in near future?

I votes for fiat/dollar profit because my main reason while trade and hold the particular coins is for profit purposes but so far i didn't see any altcoins can surpassed bitcoin in the future and indeed i have several altcoins to hold but i never consider them as the replacement of bitcoin or Eth especially for long term investment i will more confident to hold bitcoin or Eth than other altcoins

JediJofis

Posts

Merits