Topic: what makes you trust a new altcoin? - page 18. (Read 11108 times)
In my opinion, if many people believe in new coins it might be because of their potential that looks good and maybe people have tried new coins so they prove high quality that they get big profits from new coins and finally people believe in new coins. Looking at the company page might see who joined the team to see if the team has achieved achievements or has experienced success.
yes before we take part in the project we have to know the purpose and the beginning of the project ... can be seen from the project website ... and see the project partners ..
a lot of new coins give enough profit when they are newly listed and any investor would want to take advantage of that, and many have good prospects that can give enough in a long run
Many people believe only that the token will rise slightly, which will give people a profit. Personally, I always try to choose a good technology that can achieve at least the declared value. i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I usually study several reviews about the coin. If they are all positive, then I may trust such coin.
a lot of new coins give enough profit when they are newly listed and any investor would want to take advantage of that, and many have good prospects that can give enough in a long run
Most of these new altcoins are only a stepping stone to get profits that wait not too long. New Altcoin will be a long-term investment if the team really works well and continues to dare to face competition in the market and certainly has a strategy that can set aside other coins.
Off course when a new coin is very new in the market there will be plenty of interest in it so look at the charts when they started it went sky rocket but like 2 months or so it went stable in low.
first the new altcoin did give our hope that we could believe that later the market would soar up, but not entirely the new altcoin were always the best. because there are also altcoins that are scam, and that really makes us nervous. because altcoins like that can sometimes make a problem for the market.
If someone is just a trade, they do not care if it is a scam or not, because they only buy and will sell them in a short time, the highest is a few days. I know the Cybermusic hard-cap project is only 600 ETH, but when its idex volume reaches more than 1000 ETH, that's the golden time for the traders making money.
Mostly for me, it is usually the team members behind the coin, I research them, make sure that they know what they are doing and make sure that the are actually the faces behind the coin before I invest. The product is really important but the people behind it are more important since they are the ones who can make the coin do well or make it fail
Hello there, i agree with you commenting that a key issue is TEAM experience, who are at the C-level members, CEO, COO, CIO, Head Legal, Head Finance,..
On the next importance level I would pose the importance of the CONCEPT and PRODUCT/SERVICE, as the POTENTIAL IMPACT on the sector or industry
Do u agree?
If so, please have a look at www.ephelants.io
We can speak further
I do not trust new coins at all. Because many of them are just scammers. But I am only reassured by the analysis of how it behaves in the market for example over the past year. Then we can draw some conclusions.
I think first of all I look at the statistics of investment. This encourages me not to read in-depth statistics, but to trust someone else's opinion.
First of all, I draw attention to the project team. If these people seem to me reliable and inspire confidence, then I continue to study and analyze the project.
You need to look at the developers and the team. It is advisable to check information about them. Understand the idea ... does it need people. Well and believe.
I personally don't trust all the new coins, but some of me are interested in the prospects they have. I saw so many new coins appear in a few months and had little impact on the coin market. all of this proves that crypto is growing.
Bitcoin is to my liking. This is a stable currency. In the world number one. But I also like DASH MET, ATMI.
If a new altcoin has a minimum product (MVP) then I would trust that project. If the project is created and the product only exists in their theory then it is best to forget about it and do not dream with them. Certainly after several months that project will die with your money
I don't have any interest in new altcoins but i generally keep my eye on that because most of them have launched with hit the chart and after couple of month they gone down in the chart for forever else most of them are big scammers
Well, of course it is difficult to trust now on the market were good projects but for some reason they were thrown, usually you need to look at the developers depends on them a lot
when i research on any new alt, i normally look at their roadmap, their team and how outstanding their project is, how many competitors they have and how their project tends to add extra features to be ahead.
in this case, a person acts on his own risk and fear, you can be lucky and the coin will grow, and maybe not
Normally look for a good team, if they've had or still have big businesses in the past then I'll take a further look.
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