Simply put, an altcoin is a cryptocurrency that is not Bitcoin, or otherwise known as, the “king” that governs them all! Jokes aside, are altcoins really profitable? Should you trade altcoins? Let’s take a look.
Before delving into the choice of investing between Bitcoins and Altcoins, it is important to discern what it means to invest. Investing refers to the act of putting your money into something and hoping to earn from the operational profit rather than the value of the asset. Buying assets and holding them with the expectation that you will profit from an increase in value is speculation.
Due to public demand from our readers, I am dedicating this article to staking. There is a ton of information on staking online; some are amazingly good while some are just a mess. I will give you a guide from an investor’s point of view and advise you on what to look for when researching and during your staking process.