Sentences with phrase «into alternative coins»
While the cancellation of SegWit2x is causing a flood of investments away from Bitcoin into alternative coins, entry - level traders need to remember that a currency responsible for over half of total market capitalization has the power to cause massive waves in the value of all cryptocurrencies.
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With the indefinite suspension of the hard fork, these same investors will likely transfer a chunk of this Bitcoin capital either into other alternative coins or completely out of the cryptocurrency market.
Because many of them can be broken down into smaller units, these alternative crypto - coins, often called altcoins, are frequently referred to as the silver of cryptocurrency, while Bitcoin is considered the gold.
It is possible that these new investors would look into cheaper alternatives with lower market caps coins, as they have the potential to provide higher returns, but with more risks.