Topic: Altcoins that you trust most - page 10. (Read 3054 times)

Your portfolio appears solid with top coins like ETH and BNB. Arbitrum might indeed become the leading trend in the L2 space. As for Cake and Apecoin, it might be challenging to replicate the exceptional growth they experienced in the past. And here is my poftfolio for the next season:

• ETH
• Optimism
• Arbitrum
• GMX
• Link

Everyone must choose Ethereum as the most trusted altcoin. But many people prefer to invest in some altcoins, they won't invest in a single altcoin. So, although Ethereum is the most trusted one, there should be other altcoins to invest in. Anyway, even if ETH is most trusted altcoin, doesn't mean it guarantee for profits. The success in an investment will depend on our ability (knowledge, experience, mentality).

For other altcoins, you can choose top altcoins if you are a bit scared of altcoin future. Those top altcoins have good market caps and they are proven enough for years. As long as you don't choose meme coins (Doge, Shib) and stable coins (USDT, USDC), those top altcoins are also recommended for a short/term investment as well. It is not very different with Ethereum.

Yeah Greed is the engine keeping Crypto afloat.
Bitcoin is not the only decentralized Crypto. The is Litecoin, Dash, BCH among a few others. 

It has always been about money. Why do you think "Wall Street" is interested in crypto/Blockchain tech? It's not because investors believe in decentralization, but rather in making lots of profits with the new trend. As a result of human greed, Ethereum and most other cryptocurrencies have turned centralized. We're only left with Bitcoin as a truly-decentralized cryptocurrency no one can stop.

It may be too late for the ETH developer team to fix the network's centralization issues, as there's a lot of money invested in the platform. Big exchanges and companies wouldn't want to approve something that affects their profit stream. At least, we'll have Ethereum Classic (ETC) to keep us by. Just invest responsibly, and you'll have nothing to worry about.

1. ETH
2. AVAX
3. OP
4. SOL
5. XMR
6. BNB
7. DOT
8. XLM
9. MATIC
10. ADA

This is my top 10 if we do speak about Altcoins on which i do trust the most. Stick mostly on L1's with some mix of L2's wont really be that a bad idea.
I have some percentage allocation in my overall portfolio in speaking about these altcoins. Not really that heavily invested though except ETH
but most of the percentage of my port would be always sticking with "BTC".


The only problem i do have with ETH is having that horrendous gas fees specially if the network is clogged up then you would be needing
to pay up those huge fees and this had been the main problem ever since. I thought it was really be that be solved out
with that Shaghai update but i was wrong.

ethereum is the only altcoin that I trust most in investing, simply put because its among the most long standing altcoin while also never ever losing its utility.
its just overall better compared with the other so there's no reason to invest in the other honestly.

After conducting a thorough cross-check, it turns out you're correct; it does seem quite challenging to assert that ETH is 100% decentralized. Amazon has gained control over 52% of the nodes, which could potentially pose future complications.



img source

However, as of now, a significant amount of attention still flows towards the top two altcoins, ETH and BNB. This suggests that they may no longer prioritize the concepts of centralization and decentralization. Is the crypto industry drifting away from the decentralization ideals initially introduced by Bitcoin? Are investors leaning more towards monetary gains rather than idealistic notions? I think so

I wouldn't call ETH a "decentralized cryptocurrency", especially when most nodes are controlled by Amazon (AWS). Not only that, but big exchanges hold a large stake on the ETH blockchain. If it would've stayed a PoW cryptocurrency, things would've been different by now. At least, ETH is a much better option than BNB. The latter is even more centralized with only a few nodes supporting the network (which are controlled by Binance itself).

If there's an altcoin I'd trust, that would be Litecoin. It's as close to Bitcoin in terms of decentralization and censorship-resistance. You won't find a better option on the market, especially when most developers are making "shitcoins" which no "substance" behind them. As an investor, you are free to choose which coin to add to your portfolio. As long as you play your cards right, there should be nothing to worry about. Just my thoughts

OP As per your choice ETH & BNB are much better. If I have invested for wrong market surely will give you 10x to 30x profit. Along with these two coins, there is one more coin in my holding list that is Matic coin. Because according to the current price of matic, it is easy to say that the bull season will reach $1.50. And according to my observation ETH will reach $10k. Moreover, there are many coins worth investing in for the bull season. Some of my favorite coins.

• ETH
• BNB
• MATIC
• DOT
• XRP

I trust bitcoin more than anything in the cryptocurrency market. To me, it is the basis of everything it shows you what the market is doing whether we are heading up or down or the right time to buy or sell. All other altcoins usually follow its direction, giving me a solid reason to base my decision according to the current situation of BTC.

Both are quite popular and even relied on by many long-term traders to make profits.  Even though it has different characteristics of centralization and non-centralization, its trading volume is proven to always be in the top Altcoin ranking and no one has been able to shift its position.

OP asked which altcoin is the best and most trusted.  I think BTC won't count because it's not an altcoin.  For me the best altcoins at the moment are BNB and ETH.  I don't know about other altcoins because I'm a little skeptical, especially if the altcoin doesn't have enough use yet.  If you have to choose the remaining three, then MATIC is a good choice too.  XRP and HBAR are also possible options.

Nice picks but I'm going to give my opinion why you should and shouldn't buy the listed above coins, we are no longer in the time of frenziness, you need to say the fact around the list because you never can tell who might actually be interested in your list as a guidance.

1. BNB: I like bnb because of its inherent launchpad, if you have been a lucky champ back in the days when this coin was cheap, you will have made thousands of money from Binance launchpad because of the pre-pumps that comes with listing after the initial exchange offering of the exchange and also the utility of the exchange. However, there has been a lot of scrutiny and hunt in Binance, the potential of this coin will be hold back by those fighting this coin.

2. ETH: Ether has been a good coin no doubt about that because they have proven that from the price and how far they have come a long way to here but the recent development around Ether is not good because it's turning to a centralized city for developers instead the decentralized and that's a growing concern which is now a debate for other competitors. They need to address that to kill that narrative and campaign.

3. BCH: This is not a good coin, it's my opinion actually but you will do yourself a favor if you believe the same thing about BCH and other fork bitcoins.

4. Matic: my friendly advice, before you buy this coin, make sure that FTX has dump their bags in the market to have them at cheap price.

5. ARB: This is good buy but allow them to unlock the big drop coming by November because that's going to affect the price by then.

Choosing both ETH and BNB might seem peculiar, as they both operate on their respective blockchains. The differentiating factor lies in the decentralized nature of ETH, while BNB is centralized in terms of the applied consensus method.

It's important to remember never to put all your money in one bucket. Investing in both models, in my opinion, is a reasonable approach. If one doesn't yield profits, the other model could generate income. This aligns with the general investment objective, which is to seek gains.

Almost everyone on this forum will definitely say that ETH and BNB are the altcoins of choice to be their favorite investment coins, and so do I personally.
Arbitrum, Cake and Apecoin can also sometimes give us a little income if we trade with them, but so far these three coins have not shown any signs of increasing their prices any higher and also do not have strong fundamentals, unlike ETH and BNB because they both has shown us that it is able to survive in bearish situations, thus making many inventors make these two coins an investment option.

Yes, I also feel that meme coins should not be included in investment portfolios for the long term. This will increase the risk we have. However, we cannot force someone to change a portfolio that they believe will benefit them in the future. However, instead of including meme coins, there are still quite a lot of top altcoins that have the potential to develop in the future, or just include bitcoin as a replacement.
However, we can only give suggestions, apart from that, I also think that other altcoins are altcoins that have quite large potential in the future.

Not bad. But I'd take "ApeCoin" off the list, especially when it's a "meme" coin. It shouldn't be taken seriously unlike Bitcoin, Ethereum, and the likes. Coins like ApeCoin and Dogecoin are only good as a short-term investment. You'll never know when these coins will vanish, as people move on to the next big thing in crypto.

I wouldn't trust any altcoin that sacrifices decentralization in favor of high-performance and cost-efficiency, though. It's evident that the majority is not as "decentralized" as they claim to be. With Ethereum turning centralized because of PoS, we should expect the unexpected. Maybe Bitcoin will remain the only decentralized cryptocurrency in the future? Just my opinion

Definitely after Bitcoins, any coin traded most is the ETH. The marketcap of the coin is also high. This proves that ETH are very popular and traded frequently on a daily basis. Now if any coin poses this features, then obviously it has to be the most trusted and favourite coins out of all the alts. As said earlier, I also trust ETH, but along with that I also show support to LTC, BNB and XRP.

there are 2 of your choices are my choices too, that is Ethereum and Binance, because Ethereum and Binance are the most popular altcoins at the moment, so of course there will be many people investing in Ethereum and Binance, then this is my choice
1. Ethereum
2. Binance
3. Ripple
4. Gala
5. Klay

sandbox consistent advertising through various platform but that is futile attempt because the value aren't recovering at all, even the current value of sandbox is just fraction of its all time high.
I don't think that the future will be well for this coin honestly. since it seemed blockchain gaming is truly done for as well as NFT losing its value right now.
meanwhile BNB is also stagnating, i don't know why but I guess due to the recent rumours about lawsuit. nowadays the most trusted altcoin to invest is just ethereum.
I don't consider the other to be that good compared to ethereum honestly.