Do we have alternative to bitcoin?

[Lens]

In terms of market capitalisation and in terms of the market value, there is no cryptocurrency that could be of match to bitcoin and this is an established fact in the cryptocurrency market.

 

[Chibson]

In terms of market capitalisation and in terms of the market value, there is no cryptocurrency that could be of match to bitcoin and this is an established fact in the cryptocurrency market.

Probably, bitcoin have no competition when it comes to market capitalisation and adoption. There are many countries that have adopted bitcoin as a legal tender and have not done that to any other.

 

[Sincerem]

Bitcoins is always the most important cryptocurrency in the whole cryptospace . But however for investment purposes there are so many others that can be invested and still have opportunity to get a high return on your investment.

 

[Chibson]

Bitcoins is always the most important cryptocurrency in the whole cryptospace . But however for investment purposes there are so many others that can be invested and still have opportunity to get a high return on your investment.

The major reason people invest in other cryptocurrencies is because of the one to make money. Bitcoin as it stands now is not for those who are with little money because it will not really be profitable to you but you can invest in micro cap cryptocurrencies and make a lot of money with it.

 

[Smiles20]

Any other coin apart from bitcoin is what is known generally as alternative currency. This is why there is no calling that can be truly decentralized like bitcoin.

 

[Sincerem]

The major reason people invest in other cryptocurrencies is because of the one to make money. Bitcoin as it stands now is not for those who are with little money because it will not really be profitable to you but you can invest in micro cap cryptocurrencies and make a lot of money with it.

That is one of the things I am observing about bitcoins. It is mainly for people with a huge capital for investment . People will just invest for profit in cryptocurrency with a low market cap.

 

[Chibson]

That is one of the things I am observing about bitcoins. It is mainly for people with a huge capital for investment . People will just invest for profit in cryptocurrency with a low market cap.

Assuming I have millions of Dollars, I wouldn't even bother myself investing in other cryptocurrencies. I could have invested in only Bitcoin and with some strategies I'll be making a lot of money in a year.

 

[Sincerem]

Assuming I have millions of Dollars, I wouldn't even bother myself investing in other cryptocurrencies. I could have invested in only Bitcoin and with some strategies I'll be making a lot of money in a year.

Yea, you could make a lot of money if you have millions of Dollars to invest but I won't really advise people to be investing all their money in cryptocurrency at once. The future of cryptocurrency may not be predictable even when there is profit associated with it.

 

[Bousine123]

I don't know any other alternative to bitcoin as a crypto currency maybe because it is the first crypto currency to be invented, and it is very popular.

 

[Chibson]

Yea, you could make a lot of money if you have millions of Dollars to invest but I won't really advise people to be investing all their money in cryptocurrency at once. The future of cryptocurrency may not be predictable even when there is profit associated with it.

Of course I never advise anyone to invest all their money in cryptocurrency. What I meant was that if I had millions of Dollars I could have invested some of it in cryptocurrency and be making a lot of profit. Someone who is a millionaire will not go bankrupt if 1 million goes down the drain.

 

[Sincerem]

Of course I never advise anyone to invest all their money in cryptocurrency. What I meant was that if I had millions of Dollars I could have invested some of it in cryptocurrency and be making a lot of profit. Someone who is a millionaire will not go bankrupt if 1 million goes down the drain.

Ok , I now understand your point. Investment in cryptocurrency is never a bad idea because we can research and invest in good potential cryptocurrency but we don't know what the future holds generally for cryptocurrency .

 

[Chibson]

Ok , I now understand your point. Investment in cryptocurrency is never a bad idea because we can research and invest in good potential cryptocurrency but we don't know what the future holds generally for cryptocurrency .

personally, I like cryptocurrencies with low market cap because if they want to do well they will give you thousands of Dollars. I am still searching for so many of them that I will invest on because I want to make a lot of money in crypto.

 

[Sincerem]

personally, I like cryptocurrencies with low market cap because if they want to do well they will give you thousands of Dollars. I am still searching for so many of them that I will invest on because I want to make a lot of money in crypto.

Yes it is important to carry out proper research on this. Most times I choose to avoid cryptocurrency that only survive through hyping. Such could give you a good profit if the hyping continue but could be a great lose if you don't know when to exit.

 

[Chibson]

Yes it is important to carry out proper research on this. Most times I choose to avoid cryptocurrency that only survive through hyping. Such could give you a good profit if the hyping continue but could be a great lose if you don't know when to exit.

cryptocurrencies that survive on hype are not good projects and most of them are shitcoins. I have been able to identify some cryptocurrencies that pumped massively in this bear market. I will be investing in some of them because they are good projects.

 

[Sincerem]

cryptocurrencies that survive on hype are not good projects and most of them are shitcoins. I have been able to identify some cryptocurrencies that pumped massively in this bear market. I will be investing in some of them because they are good projects.

Nice one, you seems to really have more interest in cryptocurrency. I suggest you should try upgrading your knowledge to cryptocurrency trading and so on. I am also interested in good cryptocurrency can you recommend some for me ?

 

[Chibson]

Nice one, you seems to really have more interest in cryptocurrency. I suggest you should try upgrading your knowledge to cryptocurrency trading and so on. I am also interested in good cryptocurrency can you recommend some for me ?

I usually do not recommend cryptocurrencies for people but whenever I do, you need to understand that it is not a financial advice.
Some of the cryptocurrencies that will do well in the next bull market are Stargate finance, seedifyfund, optimism, etc.
Not financial advice.

 

[Sincerem]

I usually do not recommend cryptocurrencies for people but whenever I do, you need to understand that it is not a financial advice.
Some of the cryptocurrencies that will do well in the next bull market are Stargate finance, seedifyfund, optimism, etc.
Not financial advice.

Wow, those cryptocurrency you mention are those i haven't heard about them before. Why don't you choose among all these popular cryptocurrency that has been listed in various exchanges?

 

[Chibson]

Wow, those cryptocurrency you mention are those i haven't heard about them before. Why don't you choose among all these popular cryptocurrency that has been listed in various exchanges?

Those cryptocurrencies i mentioned have been listed on binance and kucoin respectively. If you check them you will find out. They are cryptocurrencies that have not really pumped very hard except seedifyfund but it still has a lot of way to go.

 

[Sincerem]

Thanks so much, I have to screenshot

Those cryptocurrencies i mentioned have been listed on binance and kucoin respectively. If you check them you will find out. They are cryptocurrencies that have not really pumped very hard except seedifyfund but it still has a lot of way to go.

This too. I will research about the cryptocurrency to really understand what they have to offer that seems interesting to you that makes you believe in it.

 

[Chibson]

Thanks so much, I have to screenshot
This too. I will research about the cryptocurrency to really understand what they have to offer that seems interesting to you that makes you believe in it.

Good. making your own research before investing in any cryptocurrency is advisable and necessary. Investing just because another person recommended without your personal research is not good.