Rate my Opinion on Cryptocurrencies (and the choice for my portfolio)

submitted by jostiniane from self.cryptocurrency

I wouldn't consider a coin if

  • it can be inflated (I would never trust another human in charge of how many coins should be created)
  • has a long transfer/confirmation time (I keep sending coins to different wallets)
  • expensive transfer rates (same as above)
  • has optional or built-in security (so Soros will not harass me)

This led me to:

  • LTC
  • XRP
  • ALGO
  • BCH (still had bad experience with the transfer times)

Where am I wrong? what would you add?

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newinsightfulfun

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

LTC is awesome since they added optional MimbleWimble in the beginning of February.

has optional or built-in security

Do you know any examples of coins that offer this?

edit: I want to like BCH, I really do. But my bitcoin atm provider makes it a pain in the ass to use for getting cash, so I just end up using Bitcoin. Since they release the funds after 1 confirmation, it is basically as fast as BCH.

[–][deleted] 2 insightful - 1 fun2 insightful - 0 fun3 insightful - 1 fun -  (0 children)

I'm not super excited by any of your coins, but I don't use the same metrics for what I'm looking for. I have my long term holds, ones I have faith in like btc, eth and atom. Mid term, the promising tier 1 coins like SOL and Avax, and short term the shitcoins and tokens, but not old coins like you like, the up and comers.