Topic: how can i trust new platforms? - page 9. (Read 14531 times)

I am little bit sceptical about new tokens/platforms/solutions = ICOs/IEOs. They could be profitable but the bull market has to be confirmed. In bear market everything is growing, while in bear market only the best survive.

Try to visit each social media they have and see how their admin manages social media, if what you see is very good at managing social media then that is one of the points to increase our trust in their platform. I usually do that simple thing to find out how their team works.

As you know most of coins and tokens are scams , so you should check the ranking and all social media links and reviews of people than you should join.

I think you should invest in the top 10 alt or join the IEO campaign of the exchanges.

You shouldn't. But you must do due diligence and always research the people behind every new platform you are interested in. Any sign of a red flag, you stay away. Besides, there are many other coins/platforms to consider.

Honestly, that is just too much for the present crypto community to manage, no wonder why majority of them are not just thriving again, because they might not get very strong community to back them up, since majority or the community would rather back up coins that are within the TOP 50 to 100 coins in the market.

I just think there is need for these projects to be limited for now till probably we have more adoption of cryptocurrency, otherwise, most new projects will just keep wasting money in creating the projects as investors no longer pay much attention to project that doesn’t have a very strong convincing products and team members.

Why should you trust a new platform? You're taking by making use of a new platform. I am. Not the type that takes interest in new things, cause I mostly see them as a scam. I wait till they grow to a bigger platform and gain reputation before I take interest in them.

It's not always easy for new legit platforms, and that's because scammers have ruined everything, they are everywhere and looking for who to scam. So everyone is just trying to avoid them as much they could. As for new platforms to succeed, they really need to be consistent and keep popping up till people believes them.

New platforms are always very suspicious. But I didn't believe in Tron for a long time. But now this platform is very promising for investment. So analyze the platform and its structure.

If you will not do your research before investing then you will surely loss most of your investment fund and I am sure that you will keep on complaining that there are many spam coins in the market.

I am not sure whether you are a newbie in crypto currency market or just a lazy person to research. Researching will help you eliminate most of the scam projects as in the first place, scam projects are everywhere and not only in the crypto market.

Learn well that way to avoid wrong buying decisions specially shitcoins, obvious learn it and study their capabilities as new platform before putting investment for the security purposes of your investment.
1. Investigate the legality
2. Reputation of the company with who is behind there.

To trust new platforms is difficult, you have to take into account many conditions, in my case if it is possible to ask or see if they have papers a day, and under the law.

There are platforms that have their certificates visible and with their digital signature, today many ICOS have been passed to IEO, STO, and when they are asked for the documentation they are in the moral duty to show them.

If there is no guarantee of this, the research is usually very exhaustive, you have to take into account the profiles of the team, Linkedyn can be a good way to search if they are professionals, also the social networks of each team, can not be linked only to the crypto part, they must have a more personal profile, which the researcher must discover, because many tend to use many identities to be part of a team and it is not known if in fact it is the person or not.

If the team refuses to give identities, and that some remain anonymous is a reason for alert, because in these cases you should no longer be anonymous when referring to a project or platform, because there is no sense of trust, responsibility, because any person in anonymity can do anything and never be located.

Another strategic point is to check if the platform is supported by any company, if it is recognized it is much better because it will simply give the company a call and check if the company actually exists and if it carries out the support for the project or platform . Because it is very delicate to unequivocally call scam to a platform or project without being completely sure.

for myself, I invested in the top Altcoin because it was already stable and if it went down it would be able to recover but if investing in a new Altcoin it might not necessarily last long on the market.

This is crypto buddy and it's not easy trying to single out a single coin or project to invest in or to follow, and it isn't a "wise" option to follow everything too so the best stake you can take is togo by the DYOR cliché and always research first before you go into anything.

Actually, you can’t trust anything. That’s why people here always encourage us to educate ourselves. That’s the only tool that will help you to identify unworthy project.

Its true, too many altcoin in market and the amount more than 2100 in coinmarketcap. Better choose altcoin with good daily transaction volume and i think choosing top 100 coinmarketcap is good investment

Now, without a thorough check of the project, one cannot in any way trust them.  Because on the market a large amount of spam.  It is better to take the time to check than to suffer from the fact that you are robbed.

Basically for anyone who allegedly distrusting a new platforms or having a second thoughts of trusting a new platforms you can have or you can do some research if the new platforms has a good concepts for you to be trusted it. You can also review the projects new platforms by having a good interactions by their admins to get good clarifications of your thoughts about the new platforms given.

There will always be "spam and scam" projects in the crypto market since it's not regulated.
While I don't want regulation. I also don't want spam and scam.

I think the IEO's of reputable exchanges gives individual contributors a "better chance" to not be scammed than just doing their own DYOR.

In general, it is really hard to trust a new platforms regarding of putting your money into it without any subject of well researching of the new said platforms. But after having a good research there it comes for you to analyze if the new platforms was running by a good team and giving you a good assurance and money funding security.but this platform Dencoin tokens is one of the best projects now that we can make investments.

Something else has to be done in cubing the scam going on in the market other than abstaining from them till they enter the real market. Why are they ICO? it is the fund they raise that make them ICO and if we have to all wait till they develop the project or enter exchange, there might be no one to invest during pre ICO that will give them the fund they need  to develop the project.

Once these projects don’t meet their softcap or hardcap, there might not be a project for us to even invest in, except projects that don’t o ICO or are premined. I think research will still be the best, I mean very strict research before we invest.