John bought 7 different altcoins because “diversification is good,” but he thought BabyDogeJesus420 was his retirement plan.

John just learned that anything that's not Bitcoin is called an "altcoin."
So he went wild. He bought ETH, LTC, SOL, and something called “BabyDogeJesus420.”
When asked why, he said:

John: “They all go up eventually. Right?”

John, please. Let's help our friend with some explanations.

What are altcoins?
Altcoins = Alternative coins to Bitcoin.
They’re built for different purposes: faster payments (like LTC), smart contracts (like ETH), or even privacy.
They’re not just clone, they can serve real utility… or be memes.

Fun fact:
The first altcoin was Namecoin, launched in 2011.
It tried to decentralize domain names. Cool idea. Didn’t catch on.

Reminder guys:
You don't need to buy every altcoin to understand the crypto space.
Some are innovations. Others are… John’s retirement plan.

Don't be like John.

I was just browsing the sub and realized that we are lacking funny, but yet informative posts, so here I am. I hope that you enjoy!