Topic: what makes you trust a new altcoin? - page 65. (Read 11135 times)
Cheap price of new alt coin and its potential to grow High are the reasons that makes me to trust on new alt coins
I basically about their project if find it really interesting and makes an analysis and see if it will go to trend because in order for a company to survive in the business world you need to keep up with the trend then after that I'll do a little background checked regarding the developer of the project to see if their a reasonable and don't have a unblemished record.
White papers, technical routes, code updates, marketing capabilities, that's about it.
The team. How manager asking for question, how they execute airdrop terms. How they give last news. Is coin really can solve problems? If not it's not mine
The dev team and its capability of supporting when need be is important to gain trust in any ICO.
in my opinion, Altcoin could be an alternative for us. because the goal is made Altcoin is to cover the weakness of bitcoin.
I never invest in a coin that has recently arisen. I try to observe the project for a while and how the coin is accepted by the market. If the coin becomes popular, then I also invest in it
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
When i trust a new altcoin, i will try to understand its details, strengths and weaknesses, then invest the correct amount of money into it and wait until the price to the point where I accept and sell it.That is the most important thing so that you will get trust in a altcoin you need to read there whitepaper roadmap and successfull project,make research choose the trusted project because that is very important so that you will know there background and you need to have a lot of experience and ideas because many scammers in the surroundings,if you want to make a investment choose the good project and have a potential in the market.
1) The team. This is very important! You have to look at their profiles, their background, their linkedin, twitter, everyone. You have to "pre-trust" them.
2) Forums and blogs. See what others are saying about it (that is, apart from bounty campaigners)
2) Forums and blogs. See what others are saying about it (that is, apart from bounty campaigners)
I think the most important aspect is the team and developers. If they are experienced and mature when it comes to their job in supporting and maintaining the project then i will be more comfortable with investing in the ICO.
Doing a research on the background of the team if either they have not been in to scamming. Looking in to their webpage for important information that might help you choose it. Checking the project if it is reliable at the same time the projects their running are existing. Give them couple of question of this and that if they can answer your question properly. These simple thing gives much for you to help choose and trust new altcoin.
The total circulating supply is an important factor I consider, then I went back to watch their code update speed, then in the telegram and official make some conversation.
First you need to look at the project. What it is, who will need it, and whether such a project is necessary to anyone at all. The second step is to view the developers. What leadership and what kind of team. If all is good then you can take, but then again, it's not a fact that this company will have everything as planned by the developers!
I'll make a research on that coin to see the fact that the coin has a potential in market since it new many of investors will attract to this but make sure learn their platform and research on what is the effect of this coin when it comes up to the market. You can see also their roadmap to analyze its process on how it success.
In beginning ,we make trust a new altcoin by its concepts reading and its fundamental.
That's only in the start but there are projects that are working good at the beginning but during their mid phase of run they are starting to act weird. There are promises that's indicated on their road map that aren't followed and that makes them not worthy to be trusted. I'm not generalizing but there are altcoins that are acting this way so for me, I'm into it's concept and as well as it's transparency together with their team.So true because there are some that are just good when it started but in the end they'll just leave you hang in the air. Having a solid team is a must for me because they're the one who really act first and being a front liner in this business is something to look for.
To trust a new altcoin we make a research about the altcoin. Research about the developer and team. Read the white paper and I want also to know the roadmap of the project.
A new altcoin will need to prove its worth and its use to the community and society. It needs to be real, and has to be practical and useful. This new coin will need to have a team of devs that are willing and able to support and maintain it constantly for it to work in the world.
yes you both are correct. we all know that many cryptocurrencies are now coming from anywhere. and we might be having a hard time to distinguish if this is a legit one or if this has a great future. for me, research is very important. the team behind and their partners will really make you trust an altcoin.
A new altcoin will need to prove its worth and its use to the community and society. It needs to be real, and has to be practical and useful. This new coin will need to have a team of devs that are willing and able to support and maintain it constantly for it to work in the world.
To trust a new altcoin we make a research about the altcoin. Research about the developer and team. Read the white paper and I want also to know the roadmap of the project.
For me to trust a new altcoin, i will look at the various factors and aspects of the project to see if they are legit or be successful. The team, whitepaper, goal, other serious factors are to be heard with first, if i find it suiting enough for me then i'll give it a shot.
I will study their white papers and their technical routes, and will eventually communicate with telegram and officials, so after all of this is done, I will consider investing in this ICO.
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