The reason other cryptos are needed is the limited supply of Bitcoin as well as the diversity of coins and what they want to achieve. Every coin has some identity and technology behind it. Look at Steem for example.
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I stopped buying Bitcoin @3500$.. and have been buying other cryptos based exactly on their potential to grow in terms of technology.. NEO, XRP, GAS.. even ETH and XMR! I do believe at least one of them will be the next Bitcoin in terms of potential growth🤞
NEO has good backing! And I must say your strategy is good.
Are you following BCH today?