The world of cryptocurrency can be confusing, with various terminologies that may be overwhelming for beginners. One of these terms is "altcoin," which refers to any cryptocurrency that is not Bitcoin. In this guide, we will explore what altcoins are, their different types, and the pros and cons of investing in them. What are Altcoins? When Bitcoin was introduced, it was the only cryptocurrency available. However, as the cryptocurrency market grew, other coins began to emerge and were referred to as "alternative coins," or altcoins for short. While some people still define altcoins as any cryptocurrency other than Bitcoin, others consider any cryptocurrency that is not Bitcoin or Ethereum as an altcoin. Types of Altcoins: Altcoins come in different types, each with its own unique features and functions. Here are some of the most common types of altcoins: Stablecoins: Stablecoins are cryptocurrencies designed to maintain a stable price. They are often pegged to a fia...