Topic: what makes you trust a new altcoin? - page 36. (Read 11164 times)
I think it's best to invest in proven coins that you do not need to test yourself. It seems to me that this is the best way.
A good project. It should be really good. He must have support, he must have a good idea and a strong team. There are not many such projects, but they are. It is important to invest in them. Such projects really can be interesting. The project must have a truly high-quality product and it should be of interest to the community
Firstly, I draw attention to the developers of the project, and secondly to the product of the project. and of course the prospects for making a profit
The best reason to trust any altcoin is only the purpose behind creating that altcoin. If the coin actually has a relevant purpose, people are actually going to need it at some point of time and the more some coin fills the gap of market, the more people will use it. It's as simple as that. And if some coin has already similar alternatives, try to see what are the differences between that altcoin and the alternative. If the altcoin you are looking for is implementing better technology or if there are other improvements over the existing altcoin, then the trust factor increases for the new coin. And regularly check coinmarketcap for more information about the market cap, volume and price fluctuation of that coin.
I think many reasons that makes me trust a new altcoins one of that reasons is the total circulating supply of that coin in the market or the total volume in coinmarketcap and another reason is I check the background of that coin like who is the investors or how they will managed that coin to be successful.
There are many factors, definitely check the website of the coin. There you will more likely a whitepaper, a roadmap. It is also needed to check, how realistic they are.
The main reason i trust an altcoin is when the coin development is transparent and coin vision and look real for future development and currency market conditions and tie up with companies
I trust a new altcoin only if I see a real field of application for it and features which differentiate it from the rest. Quality marketing is also important. Sometimes really quality alts fail due to the lack of it.
There are lots of coins and ICO coming in market every day and its quite difficult about telling which one we should trust but there are things you can check before buying coins. like their team, whitepaper and their past work and reputation. you can also watch some reviews too
As a Trader I actually like to look at the fundermentals and all the TA's that make the coin what it is. The complete considerations and analysis of such coin will inform my decision on my position as regard holding or selling!
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
To trust in what you invest, you need to study everything thoroughly and therefore already invest your savings, if you do not do it then you can lose everything. i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
If the development of new coins is rapid and the price continues to rise for a long time. I will trust the coins for me to hold in the long run. But not all of my new coins like it.
All standard. I have studied the idea, WP, team, roadmap, advisors. If I like everything, I invest.
I have trust in a reliable team, an interesting, innovative product. And of course the reaction to the media on this altcoin, the news. I think invest in altcoins it is possible and even necessary. The market should soon recover, so now is the time to buy a lot of promising altcoins.
I think that you should trust only those which are the most popular coins like btc and ether. i think that this is the best way to earn a living and become a good trader
Forums and blogs take a good look
It is all about research. Nobody will care enough to read through a whitepaper but it is the first thing you should read when you do a research on a altcoin. It will implant you a first impression. Then you need to look at team, partners etc. And what they have been doing and they are actually doing what they have saying in the whitepaper. That is important because anybody can write a killer WP by hiring someone but keeping those promises is the most important one.
If you receive positive feedback from all above things you can safely trust a new altcoin. But don't trust much so that you go all in
If you receive positive feedback from all above things you can safely trust a new altcoin. But don't trust much so that you go all in
Forums and blogs take a good look
A lot of information, reliable and not very. Also that not all ideas are exhausted. In some cases, it is the team's previous success, their enthusiasm. In other cases, the idea itself. i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Your trust for any coin builds up if you see it rising and becoming better. I can tell you about three that I am using. Tau, Ada and Powr are very good and they shall soon be listed on new exchanges. These coins will never disapppoint you.
I only trust what I check. I only believe in new coins as it is developed by enthusiastic team, good project ideas. These coins are usually developed in countries that are in control of these projects.
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