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Tradition Alt Coins

The primary benefit of short-term altcoin trading is that traders have the opportunity to make high returns. Unlike traditional currencies in which price changes rarely.  Conventional wisdom, such as it exists in the relatively new world of crypto trading, points to the tradition that the value of altcoins tends to run up higher. Alternative cryptocurrencies (altcoins) legal tradition.  Bitcoin alternatives are known as altcoins, or alts for short. It’s also the only coin so far that’s represented in traditional markets.


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Should you hold Alt coins?
Your coins are only safe if you hold the private keys. You do not hold the private keys to your coins when they are being stored on an exchange. The most secure way to store your cryptocurrencies long-term is to back them up like you would any data.
What are Alt coins?
Altcoins are cryptocurrencies other than Bitcoin. They share characteristics with Bitcoin but are also different from them in other ways. For example, some altcoins use a different consensus mechanism to produce blocks or validate transactions.
How are Alt coins different?
The main difference between altcoins and tokens is in their structure; altcoins are separate currencies with their own separate blockchain while tokens operate on top of a blockchain that facilitates the creation of decentralized applications.