🧐Let's talk today about "Risks of Altcoins", what they are. Recently, despite the fact that there was a bear market, more and more projects are being created and, naturally, the market begins to replenish with new cryptocurrencies. 🔹Altcoins are more risk-aware than bitcoin. Because they are less liquid. When investing in altcoins, it is important to be prepared for rapid price fluctuations. 🔹Many altcoins are scams or have lost developer and community interest. 🔹The main use of Bitcoin is as a store of value and means of payment. Altcoins have a diverse set of use cases, from DeFi to NFTs, so researching the specific use case and potential of each altcoin is vital. 🔹It is difficult to define use cases. Not all companies want to consider altcoins as a means of payment. 🔹Lower popularity and smaller market capitalization. 🔹During a bear market, many projects die and naturally their tokens lose value and become worthless.