Do we Need Altcoin?

[de_prof]

Yes, of course, it is essential for the growth of the crypto market. For example, you can take laptops every year we see more upgrade versions of the laptops like this we need altcoins also against the bitcoin So it is also essential in the growth/development of the crypto market.

agreed, altcoin is upgrade of bitcoin that have technology better than bitcoin.
Altcoin is always be needed in crypto currency to complete and grow together with bitcoin.
That's my opinion about this thread.

[Nagyan01]

How sure are you that this coins you want to drop updates about them here are not shit coins, coins that one will buy and start feeling frustrating because of how valueless they are.  I don't think every new coin can bring profit so quick as one may think. It is important to make research first before planning to invest.

[Evgenklm]

Behind every successful altcoin there is a project that consists of a huge ecosystem where developers work 24/7, they have their own roadmap and their own followers of the project, so most altcoins are useful, but there are also projects that are clearly with signs of fraud, these projects are not needed by anyone.

[gunhell16]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

This depend on the individual traders dude, it is because there some of the altcoins when it comes to price value it was too expensive and some are cheap, of course cheap price for me is much more advantages rather than the expensive one something like that in my own personal assessment. In fact even up to now it is very profitable to me to trade different altcoins.

[mahadev]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

This depend on the individual traders dude, it is because there some of the altcoins when it comes to price value it was too expensive and some are cheap, of course cheap price for me is much more advantages rather than the expensive one something like that in my own personal assessment. In fact even up to now it is very profitable to me to trade different altcoins.

If you talk about the price of crypto, I think I agree.
Altcoin is needed for alternate investment.
So we have many chances to invest in crypto.
There are many potential altcoin that have cheaper price.

[Nagyan01]

It depends, some feel safer having their profits in USDT or other stable coins as they grow while others use their profits to buy top coins like BTC and ETH, there is also another way, find a very good altcoin that you can stake for more rewards like Polkadot or Solana, they are good for the long term anyway.

[Spaffin]

Altcoins complement bitcoin in the cryptocurrency market in terms of their functionality.  But their value is very dependent on Bitcoin.  And Bitcoin has always made adjustments thanks to halving.
In my opinion, a sign of the bull market will start is when the Bitcoin Halving happened, when I saw the trend years ago when Bitcoin halving happened it always reach new ATH. Right now we should buy as much as we can until we wait for another Bitcoin halving start.

[Speaker]

Reduced the share of altcoins and increased the share of stablecoins.It may be possible to buy back many coins at much more attractive levels

[joe234]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

altcoin is another opportunity beside bitcoin, So we need altcoin for investment.
Altcoin is more profitable, if you choose good coins.

[Carbitcoin]

The success of a project certainly has a great influence on the team working on the project, and currently there are very many new projects but only part of which we can rely on, in addition to the scamer a lot of projects that end without any final completion so that many investors experience losses, then the main factor of success of a project is the team that is always active in responding to every problem that exists.

[Ryu27]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

The majority of the altcoins here in this business are not being accepted as mode of payment via digital ways only few of them are given a chance to be use as mode of payment just like ETH, BNB, and Bitcoin something like that.

[Freemind]

The majority of the altcoins here in this business are not being accepted as mode of payment via digital ways only few of them are given a chance to be use as mode of payment just like ETH, BNB, and Bitcoin something like that.

Not all altcoins have the sole use of being accepted as a means of payment in stores. Each altcoin (except memecoins) must have its own use case, secure networks with nodes, anonymous payments, reward users, there are many ways to use them, but anyway and as we already know, there are also few altcoins that have had success. Cryptocurrencies are no longer like they were 5 or 6 years ago, now they are more specialized for specific things, but I think that many coins/tokens continue to appear that only serve to raise funds and then die.

[Hisbullah]

altcoins have many functions if we want use it for payment etc.
But for me, altcoins are good for investment.
I used altcoins for digital assets.
Maybe If on my countries as payment method, I will use it

[Alichlas92]

There are Bitcoin, and also there are Bitcoin Cash and Bitcoin Gold and B2X that we use it as an altcoin, but do we still need other altcoins? as i knew in the forum on the altcoin section there are much announcement about new altcoins almost everyday. do we still need that altcoins?

if there is a potential profit by buying new altcoins i think we need it

[gunhell16]

In your question, if altcoins is not needed here in this business industry, for sure they won't allow any new project that will arise here in this field of business, but why still continuing increasing the new projects campaign here? that is because there is money or profit in the altcoins, this is a matter of common sense only.