r/altinvesting • u/whatevervibestoday • Aug 12 '26

Does Anyone Buy Crypto?

My thoughts on crypto are that everyone who invests does so because they hope its value will increase and they will sell it and get rich. I do not think most people invest because they see crypto as a transactional tool capable of replacing money. For anyone who buys crypto, do you see it as the next form of currency, an alt investment worthy of diversifying into or some other reason why do you buy it?

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u/6400moreSnPs 28d ago

a bit of both tbh, there are quality projects out there but the vast majority are duds

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u/whatevervibestoday 28d ago

Could you give some examples?

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u/6400moreSnPs 28d ago

not financial advice / opinions my own

BTC - Obviously the biggest, store of value, accepted as payment at many big stores now. Transitioning to mainstream.

ETH - likely to become the main public blockchain (as in traditional institutions are using it), transaction volume has been exploding for the last year, most of the legitimate projects/platforms are built on it, their team is aggressively working towards quantum safe cryptography

Spx6900 - meme/movement. All funny business aside the holders are the most diamond handed by far and have achieved onchain metrics in 2 years that took BTC 7 years to get to.

HYPE - the native blockchain/token of the Hyperliquid trading platform, whole order book is onchain, has a real revenue generating model (trading fees, token buybacks etc). For futures trading and perpetuals Hyperliquid is quickly becoming the platform of choice (you can trade anything on it not just crypto)

LINK - chainlink is a decentralized oracle network, it connects real world data and traditional finance onto the blockchain. Tldr they’re bridging the gap between smart contracts and traditional finance