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Poll

Which are your favorite types of altcoin?

Peer-to-peer currencies
Smart contract platforms
Decentralized finance
Staking currencies
Privacy coins
Exchange coins/tokens
Stable coins/tokens
None of the above

Author Topic: What's your favorite type of altcoin?  (Read 5368 times)

Offline dragononcrypto

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What's your favorite type of altcoin?
« on: December 22, 2020, 01:52:35 PM »
What's your favorite type of altcoin category? Has it changed over the years?

I initially was very much into privacy coins early on, then peer-to-peer currencies more generally, and now more interested in smart contract / blockchain platforms as well as DeFi tokens than anything else. If I've missed out any relevant category, feel free to suggest and can add to the poll

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What's your favorite type of altcoin?
« on: December 22, 2020, 01:52:35 PM »

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Offline TomPluz

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Re: What's your favorite type of altcoin?
« Reply #1 on: December 22, 2020, 02:01:26 PM »
I am beginning to get involved with some DeFi coins now but this is mainly because it is on the rage right now. In the past, I was into peer-to-peer type of cryptocurrency well because this was the hottest trend back then. Now, as a bounty hunter myself I usually got some coins and tokens that I really don't care what category they are in...as long as they can be valuable later and can be exchanged for Bitcoin or Eth then they must be for me. Right now, I am looking at PolkaDOT though I am not so sure on what category that platform can be...is it still peer-to-peer?

Offline Hometown

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Re: What's your favorite type of altcoin?
« Reply #2 on: December 22, 2020, 02:05:37 PM »
Nowadays most of the projects are available in decentralized finance and smart contracts based. First time P2P was more important and popular. But P2P again becoming more popular due to bitcoin halving.

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Re: What's your favorite type of altcoin?
« Reply #3 on: December 22, 2020, 02:30:49 PM »
What's your favorite type of altcoin category? Has it changed over the years?
there is no change at all because making changes every time is just confusing. it's better not to do anything first, especially after a few years of lethargy even though now it's getting better. I hope this improvement will continue until next year.

I initially was very much into privacy coins early on, then peer-to-peer currencies more generally, and now more interested in smart contract / blockchain platforms as well as DeFi tokens than anything else. If I've missed out any relevant category, feel free to suggest and can add to the poll

in fact, what we do is very humane, we will always make changes every time there is something renewable, because usually every new arrival is always a good start, but after experiencing a new journey for a few months there are shocks because of the many frauds that have occurred. so that we will get used to always changing our minds in taking action and looking for alternatives, even though these alternatives are not necessarily good from the old ones.
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Offline tampy784t

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Re: What's your favorite type of altcoin?
« Reply #4 on: December 22, 2020, 02:52:54 PM »
Now I prefer the DeFi token most of all, this is the latest trend in the cryptocurrency market, now it is developing very quickly and there is potential for further growth, there is also the opportunity to earn good% interest on maintaining liquidity by participating in staking


Offline Pheonyx

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Re: What's your favorite type of altcoin?
« Reply #6 on: December 22, 2020, 06:26:38 PM »
Stable coin is my favorite when it comes to converting my altcoins. I'm just feeling secure from the possible dump which I always want to avoid.
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Re: What's your favorite type of altcoin?
« Reply #6 on: December 22, 2020, 06:26:38 PM »


Offline Lutera94

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Re: What's your favorite type of altcoin?
« Reply #7 on: December 22, 2020, 06:32:29 PM »
Now I prefer the DeFi token most of all, this is the latest trend in the cryptocurrency market, now it is developing very quickly and there is potential for further growth, there is also the opportunity to earn good% interest on maintaining liquidity by participating in staking
yes mate, i am thinking too. i am trying to manage defi project for investment. but i am also searching some good nft & oracle project. this kind of altcoins are very effective.
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Re: What's your favorite type of altcoin?
« Reply #8 on: December 22, 2020, 08:29:17 PM »
Now I prefer the DeFi token most of all, this is the latest trend in the cryptocurrency market, now it is developing very quickly and there is potential for further growth, there is also the opportunity to earn good% interest on maintaining liquidity by participating in staking

indeed all of course have their own opinion and we have to appreciate it, but actually I was also amazed at the first time by Defi but there have been many scam defi projects that made me think again even though the one that worked was fantastic.

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Re: What's your favorite type of altcoin?
« Reply #9 on: December 22, 2020, 11:47:48 PM »
I chose peer to peer currecy and of course smart contracts.
I have seen the development of the two coins above, such as Bitcoin, Litecoin, Dogecoin, Ethereum and Binance which looks good for long-term investments, although Dogecoin is like a cute coin, many choose it for investment.
Stable money seems good for storing profits from trading, the more choice of altcoin types it will be easier for us to choose.
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Re: What's your favorite type of altcoin?
« Reply #10 on: December 25, 2020, 09:47:34 AM »
In my opinion, the most promising cryptocurrencies in 2021 are decentralized finance, privacy coins and smart contract platforms. I will study new projects in these areas.

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Re: What's your favorite type of altcoin?
« Reply #11 on: December 25, 2020, 09:59:51 AM »
The market situation is much better overall. There is a lot of investment in decentralized tokens. This is because the price of most coins in the market is much higher. People's demand is constantly increasing. The demand for work and investment of people all over the world is increasing. So the condition of altcoins is always getting better.

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Re: What's your favorite type of altcoin?
« Reply #12 on: December 25, 2020, 10:18:43 AM »

My favorite type of altcoin are those that are backed by something, some kind of value. For example coins which have a price based on gold and the price of a coin is determined by the price of gold. There are several projects that have such a concept, and in my opinion it is not bad when the price is supported by something. It helps in stabilizing the price and provides in case of manipulation of it.

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Re: What's your favorite type of altcoin?
« Reply #13 on: December 25, 2020, 11:43:28 AM »
What's your favorite type of altcoin category? Has it changed over the years?

I initially was very much into privacy coins early on, then peer-to-peer currencies more generally, and now more interested in smart contract / blockchain platforms as well as DeFi tokens than anything else. If I've missed out any relevant category, feel free to suggest and can add to the poll

My choices were base on my personal needs, I need a stable coin as safe haven after my trading session was done, in old times I was using USDT but due to many issues that raise some red flags on USDT, I was convinced to pick another stable coin these time its the Binance USD or BUSD, Second is the Smart-contract utility coins/token which is obviously the Ethereum and If I was permitted to choose another altcoin in the third time I'll choose the exchange utility altcoin like Binance coin or BNB. especially now that BNB has a new added function that has compatibility with Ethereum and it is done through its Binance Smart Chain BSC.

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Re: What's your favorite type of altcoin?
« Reply #14 on: December 25, 2020, 12:54:42 PM »
Again I can't vote in the pool because there is no option that suites my needs.

My answer is I love and use them all but I can choose only two or none which in both situations is not the correct answer.

So it would be great to have an option "I like all of them" if there is "none of them" - won't you agree OP?
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