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.
no one can be trusted in cryptocurrency, even the creator of Bitcoin until now we don't know, so it's not just altcoin that can't be trusted, it's also Bitcoin, but for now only cryptocurrency can give us a big profits and become rich (including investing in altcoin), but we must not be greedy and forget to take profit, because it will not make us become rich but instead become poor (the price of Bitcoin and altcoin can fall quickly).
So you won't trust the altcoin that you had put your money on? Satoshi haven't revealed himself/themselves because of some reasons and also it proves that the main characteristic of bitcoin which is anonymity is effective. If you don't trust cryptocurrency projects, how did you come up to the point that you invested and spent your money on buying them? This is why we are doing research on investing because it can gauge our trust to the developers, project ideas and the possible market reaction to the project. We all want to be profitable and investing in something needs some trust and a big hope that it rises in value.