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.
My measurement for a trustworthy project goes like this:
1. Longevity, if some project can survive in 1-3 years and can stand when it's price tanking like 90% and still thrive to make something to adapt, its' good enough
2. Community, the more "cult" like the community the better the alts are, why? because you know they have supporter who will stand their ground when something looks bad.