it’s only to hedge against bitcoin to scam

[kachinna]

Not all coins are scam. But all the same, you have to look out for those with potential. Not a coins would survive for long. The fact is soon, some coins would go off the market.

[Sendo12]

The internet is very wide and accessible-- too accessible that it could also be used for malicious actions. And most of the time, we learn about a certain altcoin through the world wide web. That's why we have to be really careful. Look at who are the developers of a project, what are their credentials? What specific problem is the project addressing?

[Aya]

To be honest, I just ignore them and focus more on the real thing that would really change the world, which is Bitcoin. Stay away from scam coins which is called shitcoins. But of course, there are some good altcoins to consider because they help Bitcoin grow, for example advertisement or something. Take note, altcoins do have some good effects on Bitcoin. For me, altcoins kind of help reduces transaction fees from exchange to exchange or exchange to a wallet.

There are a lot of altcoins that also have potential in the market and are good to invest in. But I agree with you that tons of emerging coins nowadays are made for fraudulence. The key here is to thoroughly research about the altcoin first before investing. If you think there are some doubtful information about it, then better to stay away.

[Juskopo]

To be honest, I just ignore them and focus more on the real thing that would really change the world, which is Bitcoin. Stay away from scam coins which is called shitcoins. But of course, there are some good altcoins to consider because they help Bitcoin grow, for example advertisement or something. Take note, altcoins do have some good effects on Bitcoin. For me, altcoins kind of help reduces transaction fees from exchange to exchange or exchange to a wallet.