Re: What are the criteria for choosing altcoin

Depending on each person's understanding, we will see the potential as well as the risks of coins in this market. Personally, I have always preferred the best altcoin I know, ETH, but in addition to the trends that accompany each bull market, we will also look at a number of criteria, such as the ability of projects, that is, their problem-solving activity in this market, as well as their transparency in the development process.

ethereum is a good altcoins but i don't see them transparent in development, even the rumored eth 2.0 will launch, not even launch as of today. In my opinion, the criteria as a good altcoin are having a large community, high security and adoption.

You both denied it as well as acknowledged it

Speaking of ETH does not need too much analysis because it is not nearly what we normally judge like other altcoins, I think other than bitcoin in this space, ETH still has a good position determined and is invincible in many ways.

Not like there aren't other coins provides what ETH provides, obviously there are other projects that has achieved what ETH has done so far. However, the difference is that even though ETH had the highest recorded gas fee at some point, they still didn't get less projects on their platform. Thats the difference, if you have super high gas fee and projects still prefer your network over something that has nearly zero, then you are doing something right. Maybe other projects will go up, maybe they will go higher and quicker, but they will never displace ETH from the second place. Only one who can make it go under second rank is ETH itself again, only if something bad happens there then I can see it going down.