Post
Topic
Board Altcoin Discussion
Re: What makes a crypto project reliable and trustworthy ?
by
bayu7adi
on 11/10/2023, 13:47:33 UTC
What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.                                                                                     
In essence, I rarely keep tabs on altcoins outside the top 10, as most of them lack strong fundamentals. While not all altcoins are perfect, at the very least, those in the Top 10 tend to outperform the rest. Ethereum, BNB, Ripple, they do have their shortcomings when compared to Bitcoin, but they represent the cream of the altcoin crop.

On the whole, I only monitor a handful of altcoins because it's quite challenging to uncover hidden gems among those with low transaction volumes, unless you're willing to invest a substantial amount of time.

In my view, Ethereum and BNB remain trustworthy projects, despite the controversies surrounding them due to centralization. These projects, at the very least, are superior to the majority of altcoins. What instills my confidence and trust in ETH and BNB is their maturity and clear project development.