Hello Yoshie, you seem to be interested in altcoins for the past few months now,
Yes, good question, buddy, I would appreciate (1) achievement.
You are right, I am not familiar with Altcoins, so far I only play with Bitcoin and Ethereum, the two coins I play, nothing else.
However, lately I often see Altcoins popping up on my trading exchanges, at first it looks fantastic at attractive prices however, after a few months the price drops uncontrollably, not the same as Bitcoin, much difference.
So, I have to ask and get new information about new Altcoins before I fall into the abyss, am I right.
Today it is to identify a promising cryptocurrency very difficult. The fact that the price of many assets after the sale of tokens drops several times is already becoming a common occurrence. Here again, the awareness of investors plays a big role, who must choose the right projects.
All the rules for choosing such companies have remained the same.
The team should have professionals who have experience in creating such projects. Next is a technical document that contains all the information with clearly described tasks. It is important to have a roadmap that would show the development of the project.
It is also important to take into account all the value and uniqueness of the project itself, whether it can be profitable and whether the market really needs it.
As for the
https://balancer.finance/ project, you have to do your own research, and only then decide whether you can trust it or not.