Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.
According to what I already know, nothing can provide high returns with minimal risk. Bitcoins are king. And Bitcoin has minimal risk but does not provide high returns. Altcoins are high risk and can provide high returns. I have never seen Bitcoin go up 10 times in a year. But many altcoins can provide returns of at least 5x.
What makes altcoins trustworthy is simply trusting people to invest in them. Even now, it's been a long time since we can't guarantee that altcoins can be trusted. We can see from the many cases that have befallen altcoins in recent years.