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Bitcoin was used mainly by online merchants to send and receive payments often when the price wasn't that high. But since it commands higher gas fees, LTC, BCH, XRP etc, have deputise on that successfully.
We hade so many other crypto currency that we can be using apart from Bitcoin,so I will suggest we all should try litecoin instead of Bitcoin and am very sure we won't regret it tho.Today everyone is running towards the bitcoin only because it has the highest market capital and also its price is increasing every year.
But , is there any kind of cryptocurrency that we can use instead of bitcoin , I am only thinking of yearn.finance
What about you?
BNB is my best bet that I am eyeing at the moment and I just wish it would drop small for me to buy and hold for long.I don't think that bitcoin can be competated with but there are some cryptocurrencies that has maintained stability and are really growing over the years such as BNB, litecoin, etc.
And I am convinced that none of them would ever compete with Bitcoin as it is the first one and won't be easy to do away with.All the coins except bitcoins are alternative bitcoins or altcoins in short. However, none of the coins have reached the status of bitcoin in terms of price and market cap.
I have seen several posts on the potential alternative to Bitcoin such as Eth and some others. But Doge has been in the limelight last month to be a pretender. Unfortunately Doge is revealed as a meme coin and it is now spiraling downward with the price in the market.Today everyone is running towards the bitcoin only because it has the highest market capital and also its price is increasing every year.
But , is there any kind of cryptocurrency that we can use instead of bitcoin , I am only thinking of yearn.finance
What about you?
I doubted a friend who suggested Ethereum to me last year, but I was shocked to see how far Ethereum has come this year. It is a really promising coin.Ethereum is also a cryptocurrency you can use instead of bitcoins, it is the second largest cryptocurrency in terms of trading volume, using and investing in ethereum is not a bad option both for long-term or short-term investment.
This is what happened in cryptocurrency because everything about it is completely unpredictable, most of the people who invested earlier in crypto currency are making a high return now ,what was the price of etherum then when your friend suggested ?I doubted a friend who suggested Ethereum to me last year, but I was shocked to see how far Ethereum has come this year. It is a really promising coin.