yesterday i had a discussion on nostrnests

about the difference between btc and ltc. just as an example.

no one could tell me

other than using insults without knowing what litecoin is

it is the same as btc. uses the same algo, the same proof of work network , but it is faster and it can do more transactions than btc. it is also much cheaper in fees without the hassle of lightning. it is also more private.

it has a headquarter in singapore which is safe from the criminals.

litecoin has done 25000000 transactions this year. strongly increasing.

recently brc20 was introduced with even lower fees.

now let's look at the performance this year:

bitcoin : +43.9%

litecoin: +74.3%

eterium: +81.1%

xrp: +59.3%

okb: +316%

lido: +237%

many altcoins will go under, maybe most.

but many others will blossom and reach new highs. 100x or more

do not believe those who defame altcoins without knowing anything about them. many altcoins have a usage case, they provide more value than bitcoin.

bitcoin has the strongest marketing and it has become the best brand. it was the first crypto currency. it does not have the best technology. scalability and privacy are missing. lightning is too complicated and not secure.

it can be proven that the first mover rarely wins a market. most first movers in tech do not exist any more.

the defamation cult is lying to you. many coins will perform better than bitcoin. their libel does not work. it never works. it is beyond stupid. if you defame your competition, you will lose credibility and achieve the exact opposite. every kid knows that after graduating from a 3 hour sales training.

a criminal company in one small country does not matter. crypto is used all over the world by 8 billion people. no one cares what this irrelevant company does.

the largest country in the world uses crypto and mines it. this will change the world's economic power distribution. the usa can either follow or go under.

of course all crypto needs a good performance of bitcoin. let's say bitcoin turns out 10x you will see many altcoins turn out 100x. then i recommend to sell them, when they are overvalued, not when they are depressed and undervalued.

smart people sell high and buy low. in my opinion you an hold on to all of your coins until blackrock does a successful proof of stake fork.

there are still too many risks to put all your money on one horse.