Topic: what makes you trust a new altcoin? - page 33. (Read 11135 times)
What I like to look at for new altcoins is not only their management team and the vision, but the capability to reach that vision and community support behind it. Community support can be measured in numbers by a lot of different ways such as the volume of the coin, the size of the social media groups, the chatter here on the ANN thread. Price is not really a concern of mine when getting involved in a currency.
New altcoins are sometimes not easy to be trusted in because of how the market is going. One thing I have figured out if I want to trust an altcoin is the teams' roadmap for the project and also the idea behind the project.
You can never make sure and no one can give you any assurances. You ought to depend just individually experience, rationale and instinct. On my way there were a few activities which have gone trick however I truly accepted they'd been dynamic. So you never know, however you can pick up involvement
I try not to buy new coins and try to buy already proven coins. I think after they fell heavily in price they will return absolutely exactly to their highs.
As I noticed, if developers of altcoin are announcing information, arranging conferences and holding presentations, then it’s likely that such alt will be useful and worthwhile.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
In addition to the community, I also checked what facilities offered by new coins that were not offered by other coins.
This will help coins create enormous demand, and have the potential to grow rapidly in the future.
Nowadays the competition is evenly distributed, if bitcoin used to master, today must be willing to share.
I first look at the team that gives them confidence, then the prospect of the project and the ability to negotiate an investor.it really gets tiresome but I can not risk my money without looking at them
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
One of the best criteria that I am setting before trusting new altcoin is that I know that it is composed of group of people who are really expert in every field in the crypto world. Also, if the new altcoin is recommended and has a high positive rating from several well known ICO review and rating websites. 
I think it is better to buy during ICO. in this case, idea is very important and nowadays, when there are so many projects it is difficult to find really good ICO, with interesting whitepaper. Than team, it should be experienced and dedicated. Here are also some general tips how to choose good project: https://icoguide.com/en/blog/choosing-an-ico-common-pitfalls-of-scam-icos
I can trust new altcoin and maybe support it at ICO stage only if I know that the team is great, only when I read the whitepaper and all the stuff.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
The added value brought by coins to the market makes me believe it. Reading through the project layout gives you a closer look at the products that coins carry to the market. if the product will fill a certain gap, the value of the investment will be greater, and the velocity of money in it becomes very heavy.
Well new altcoin might get my trust if the coin has a very consistent developer and very passionate to their project. Im looking for an altcoin which has a high potential for mass addoption because basically those altcoin will survive or grow on the future . And having a good and consistent chart speaks what kind of altcoin is that.So be sure to research on your own when finding an altcoin. Dont be dependent to your guru ,be responsible enough, study the platform and technology of the project.
In my opinion the most important element for bitcoin is a professional DEV team with extensive experience.
Here are a few more important elements:
1. There is a community of great interest.
2. Have good technology.
3. Have a good idea, suitable for practice.
Here are a few more important elements:
1. There is a community of great interest.
2. Have good technology.
3. Have a good idea, suitable for practice.
Do team members perform their work conscientiously, according to what they say, including R & D progress and promotion plan. And the commitments they made.
Such knowledge can be obtained by training with specialists in this field. The training of these people is not cheap, but such training is simply necessary for profitable work in the crypto-currency market.
As a trader sometime new altcoin seem more interesting than the bitcoin or ETH. Due to the high volatilitasnya, but we also must be careful in choosing before the made investment or trading either long term or short term, there is more good news we do research first about the new coin will be released. Whether the project release have usability and have a team of developers who are very good and can be believed.
First is purpose of creating coin.
Second is platform and technology.
Third is adviser and team member.
Second is platform and technology.
Third is adviser and team member.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
The reason that led me to believe in a new altcoin is the technology, if this technology is very useful and altcoins can also be used then it is a good altcoin. Even more so if the technology is adopted and becomes a cross-project platform.
I find that communication is a real giveaway for scammers, they just have a way of not answering your questions or say the same thing over again in order to get people excited and buying just before they disappear or never develop anything at all and just keep posting things like 'yes our update is coming out next week' every now and then.
Believe in a new altcoin, first of all it has to attract me, such as planning for the future, team, circuit map, white paper and so on. Can answer a series of questions I have raised. I feel qualified. Naturally will invest.
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