Top 5 altcoins don't mean that they are all good.
The
https://coinmarketcap.com/ shows the top 5 altcoins are (in order):
- Ripple
- Tether
- Chainlink
- Bitcoin Cash
- Litecoin
Ripple is totally centralized. Do you see its price chart?
Tether is centralized too and your Tether can be frozen under government requests.
[UPDATED] PSA: Most Stablecoins Can Be Frozen, Even in Your Own WalletsChainlink: only a hype with DeFi
Bitcoin Cash: a shit scam fork from Bitcoin.
Litecoin: another fork from bitcoin.
I taught that these coins are good as they are on the top listed altcoins in the CMC and you have recommended it but as I completely read it all, damn I was fooled.
I'm going to say that we can't just rely upon in to their ranks, some have good reviews, most celebs do their promotion as well but all of these things can be fake and must have to check as well by our own. Of course, what we are looking is to gain profit, not to bags popular coins.