Topic: what makes you trust a new altcoin? - page 23. (Read 11135 times)
Probably I pay attention to projects that already have something in stock, for example a test version or something like that, transparency in the project is absolutely necessary, which will not cause any doubt this is the main thing in the project.
Makes me trust of a new altcoin is the vision of the manager or developer . We need to check first on how passionate they are on creating a new altcoin by making sure that it will be successfull and survive in the market. Also check the altcoin if it has a potential to compete other altcoin.
Many new coins are Scammer
My own test is if is not hacked after 1 years and big sites /wallet use it
My own test is if is not hacked after 1 years and big sites /wallet use it
To trust a new ICO is we need to find first the reason behind why they create the project. Then it is better to know as well the vision or goals of ICO. Once you able to identify the reasons and their goals, it is good to do background check of the developer or manager of the project. If it is make you satisfied the information you gain ,that will makes you trust and support the ICO.
If I see development and massive updates on that coin then it is worth keeping. I always read the whitepaper and its platforms.
White paper is not enough to analyse the good project so we must analyse the team member and project security features because white paper is not a truthful view so we should analyse everything in directly because many scam projects are increasing in the market.
Trust, that is something that is never there. In any case, I will put some exertion into another coin if the dev has a known and demonstrated reputation, the group appears to need to succeed, there is another algo or tech behind the coin, things like that. You need to trust that next you need to put resources into to alt coins. have a decent innovation, have a smart thought and reasonable practice and tolerance. who are beginning exchanging first that individuals first putting resources into to bit coins. next one is different coins
Because many people have seen other people get a profit from the investment in new coins, it has attracted more people to participate, and there is data to show that ICO is more prosperous this year.
If I see development and massive updates on that coin then it is worth keeping. I always read the whitepaper and its platforms.
In general, I'm more interested in road maps, documents and the real use scenario. Some of the new coins are more advertised and sold massively, even without a working platform.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
As for me, I mostly look out for the team. If the team is not credible enough, I simply won't invest in such coin. I can then take a look at the whitepaper after on. i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I never believed in new coins, hahaha ... I think the new coins are just a scam and can't grow like old coins. still better and stronger old coins. new coins are weaker.
From my own perspective, people tend to favor investing in new altcos, especially altoin from successful ICO projects, as it will be easy to attract whales and potential investors to develop that altcoin and be sure will last for 1 year. And after that they might dump and start searching for another potential project to invest in.
The first thing I pay attention to is the team, what they were doing before, in what area and whether they participated in such projects. The second is how the coins will be used and how they will be distributed among market participants.
I trust my altcoins because it have a potential and can make my profit good but some of the altcoins is not trusted and scam. But for me i research its platform.
If the altcoin is created by well known developers and if they have big name in their advisory board and also the product is very important.
the company partners in my opinion also need to be considered because if the project has a large corporate partner, it will attract many investors.if the project runs according to the specified rodmap, it also includes good project characteristics.
no one would just wake up one day and trust in a coin. You do have to believe in the coin first by doing the research on it. Thourough one and see how thier company pages is been organised. Just look at the board of directors and make lots of google search about them. Look at the sole purpose of the project and see if its exciting one. Also i don't believe in altcoins that first goes up first and comes down later . However i like coins that starts gradually and shoot up bit by bit
If the altcoin is created by well known developers and if they have big name in their advisory board and also the product is very important.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
There are elements that I look for before I truly invest in a crypto project. First is the platform if it is truly practical and feasible. Along with this are the whitepaper and functional website that explains details about the technicalities of the project. Second is the team behind the project. Teams that are expert on the specific technology-related to the projects and would be able to drive the project long-term. Lastly is the community support of the project. The community truly is the one giving value to the coins. So it is important that the project is really accepted by the community.
I wont trust any NEW ALTcoin right now. The market so crazy even your are 2nd Crypto currencies in this WORLD, ethreum blokchain i mean. So disapointed about ethereum 
We always understand their work and the potential of a new coin from development and project team relationship.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I usually try to do a fairly detailed research before investing in such projects because the market is in a very bad situation and these projects are often used for bad purposes. For that reason, it is my first requirement to investigate detailed information about the project before investing in such projects. Website design has become an easy and inexpensive process today, so it is easy to do something, so I do not just evaluate the project by looking at the website design. When I do research, my most important point is the project team, which is already a good enough factor to determine the success of the project. On the other hand, I look at project technology and other details about the project targets through different sources, and I make investment decisions based on these results. One fact is that projects that have a successful team always win. Projects created with new and inexperienced people or people who have become miserable in this sector are heavily successful. For that reason, instead of just looking at the website, I look at all the details and then I make an investment decision.
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