You are viewing a single comment's thread from:
RE: The ONLY reason you should buy ALTCOINs
There is a set of alt coins with solid and what seem like highly durable use cases that fall into classes quite different from the use cases of Bitcoin. What is wrong with holding some of these as hedges, so as to avoid putting all your eggs in one basket and at the same time having alternative baskets that seem to have decent long-term futures?
Yes, you are right. There are many alternative coins that have more than solid use cases and I do hold a few coins just for the fact that I believe in them without constantly checking their value.
I am aware that this very post stands on the prediction that Bitcoin is going to go up which is of course a risky assumption and hedging for the possibility that it will not is definitely important and is something I will cover in future.