Danger for altcoins

[ravisinghmar]

Digital currency coins are encrypted to keep them secure—but there's a potential drawback there. This coding identifies the currency itself, but not its owner. Whoever holds the coin's encryption code becomes its owner, and there's nothing in the coin's coding that says it belongs specifically to you—or to anyone else. This built-in anonymity feature means when a coin is stolen, it's gone—and you have little to no recourse in getting it back.
As I write this, Bitcoin’s market cap is over a quarter of a trillion dollars. That doesn’t mean, however, that there’s a bucket with that much cash in it under a rainbow somewhere, ready to be divvied up amongst all the lucky leprechaun-seekers holding Bitcoin.

In reality, when the bubble is about to pop and everyone seeks to cash in, the total amount to be divvied up can never be more than the amount people invested in Bitcoin over time – and that number is far, far smaller than its current market cap.
This post is referred to
https://www.coinpursuit.com/pages/risks-of-buying-selling-bitcoin-litecoin-currency/
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[ravisinghmar]

Thankyou