An Altcoin is a cryptocurrency alternative to Bitcoin – derived from ‘Alternative Coin’. Since the dawn of Bitcoin, there have been many copycat approaches that try to replicate the continued success that Bitcoin has seen. While some have produced a return for some people, it should be seen as the penny stock/casino of the cryptocurrency ecosystem. over 99.9% of all altcoins in existence will trend to zero within a few years time. Currently, there are over 5,000 different altcoins in existence, none of which have ever come close to overtaking Bitcoin.