What are altcoins, and why do they exist?

And why do they exist? An altcoin is any cryptocurrency that’s NOT Bitcoin. Altcoins operate according to their own set of rules. And most are either trying to improve upon Bitcoin or to satisfy an entirely different use case — that’s the headline answer, at least. If you want more detail, read on.

Are altcoins worth investing in?

With a long-term horizon, altcoins are definitely worth investing in. Altcoins are crypto companies in a very early stage of development and still lack global recognition. With time and understanding, altcoins will become household investments. Now is an opportunity to research this new technology before it goes mainstream.

Which altcoin should I buy?

Part of what makes specific altcoins valuable – and enticing – is the function they offer beyond BTC. The market continues to experiment with different types of altcoins. Here are some of the popular altcoins by market cap. Litecoin ( LTC ). Known as the silver to Bitcoin’s gold, LTC is an upgraded version of BTC.