Do we Need Altcoin?

[Zezari]

The same as we need a cryptocurrency, we need all cryptocurrencies from all projects the whole market benefits. If you look from the other side, if there are no altcoins, then the price of bitcoin will be high.

[Alichlas92]

if without altcoins maybe btc won't last long, btc needs a competitor. or without altcoins it is also possible that not many will participate in transactions in the crypto market. Btc's current position is thanks to altcoins.

[iamwarhawk]

In my opinion, we really need altcoins to ensure that there are other competitors in the market too and we don't create a monopoly in the crypto market, as BTC has its functions and features some other altcoins are also having their own features which make them sustainable in the market , and also keeps the competition fair while creating opportunity for people like us to buy altcoin in budget which can maybe become a future bitcoin maybe

[Speaker]

the main thing is that new altcoins can gain a foothold in the market and strengthen their positions, and not disappear soon after their appearance.

[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?

I'll take your question back to you my friend, do you think you don't need altcoins? Have you ever wondered why there are so many different platform forums that have emerged in the past 5 years that their main topic is cryptocurrency? because if it wasn't important, there certainly wouldn't be forums like this. Then where do the communities get income from this industry? only in Bitcoin? or is it only in altcoins? or are they the same source of income for every member in the crypto space?

[kirshna01]

We also need altcoin and it is necessary that it becomes competitive in the market and also gets manifold profits, while big coins provide less profit.

[Alichlas92]

All crypto investors that I think need Altcoin, regardless of a number of fraud projects, of course no one has the desire to invest in unclear projects ... Back again at the beginning we need Altcoin for the continuity of crypto.