In previous article we studied what is bitcoin & we saw which are the top sites / android apps in India for buying bitcoins. Trading in BTC at this moment is not a bad choice if you are planning to invest for long term. But if you are seeking for huge profits in less time, then Altcoins are the way to go.
So what exactly are these altcoins? It’s simple… Any coin other than a Bitcoin is Altcoin. The word itself is made of 2 words “Alternate” + “coins” which clearly explain its meaning. You must have heard the names of Ethereum, Ripple, Litecoin etc. All these are altcoins and right now all these are valued below bitcoins. The advantage with most (not all!) altcoins is, they are available for cheap & you can buy thousands of such coins without burning a hole in your pocket.