Topic: what makes you trust a new altcoin? - page 67. (Read 11135 times)
Transparency, active team , good idea, up2date technology, SSL on website, good whitepaper/blogposts.
It's depend on their team and their target. If their team is good and have transparan with that, and their target is absolute and make solution for new coin, my be I will trust it. But if their work is not good enought, I will see for other coin and choice for not investing.
I often read the whitepaper to see the advantages of the new coin. I also pay attention to the team, an experienced team that will do everything well.
The thing that makes me trust a new altcoin is the whitepaper of it. In every new altcoins that got my attention, i put some time and effort to read their whitepaper and to have some knowledge about the coin so i will understand what they are and to find out if they have some potential for the next few years as an investment.
Dont forget transparency and dev activity. Dev activity and dev team is most important for me. i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
which leads me to believe in the new altcoin is from the Team and the technology that will be developed using the altcoin, if the technology is very useful and the altcoin is also usable then it is a good altcoin.
The thing that makes me trust a new altcoin is the whitepaper of it. In every new altcoins that got my attention, i put some time and effort to read their whitepaper and to have some knowledge about the coin so i will understand what they are and to find out if they have some potential for the next few years as an investment.
Whitepaper is just one factor for me. There are so many Whitepapers of projects out there that look so good and brilliant. And yet in the end, the project failed miserably. One example is Valus. If anyone read their Whitepaper, it was really incredible and great. It was so promising that I did not understand how it ended up failing in the market. What I know is that there must have been something wrong along the way. Perhaps it is in the team. The team counts. And then partnerships as well. Tie-ups really counts especially with some big names in their respective industries.
The thing that makes me trust a new altcoin is the whitepaper of it. In every new altcoins that got my attention, i put some time and effort to read their whitepaper and to have some knowledge about the coin so i will understand what they are and to find out if they have some potential for the next few years as an investment.
Whitepaper is just one factor for me. There are so many Whitepapers of projects out there that look so good and brilliant. And yet in the end, the project failed miserably. One example is Valus. If anyone read their Whitepaper, it was really incredible and great. It was so promising that I did not understand how it ended up failing in the market. What I know is that there must have been something wrong along the way. Perhaps it is in the team. The team counts. And then partnerships as well. Tie-ups really counts especially with some big names in their respective industries.
The thing that makes me trust a new altcoin is the whitepaper of it. In every new altcoins that got my attention, i put some time and effort to read their whitepaper and to have some knowledge about the coin so i will understand what they are and to find out if they have some potential for the next few years as an investment.
Its all about recognising idea behind, and if we think that idea have a chance to become something more in the future we need to have faith in that and invest our time and money into that project. Idea is just a first thing that I look too, but good idea needs good team behind and active people, many followers to make all that work fine. First follow idea then think how to earn and make profit from that, you will find it better, cause believing in idea is better then to believe in profit.
The thing that makes me trust a new altcoin is the whitepaper of it. In every new altcoins that got my attention, i put some time and effort to read their whitepaper and to have some knowledge about the coin so i will understand what they are and to find out if they have some potential for the next few years as an investment.
Personally new alts will get more attraction and can be very bullish within a few hours and you can actually earn alot by buying that alt in it's ICO but mostly you hold it not sell it in the very beginning.
Just to wait and watch to grow it in the initial period. I think you can also check the ico by reviewing its team and thus will help to check it's potential also.I trust new altcoins by seeing it's potential to grow. And of course it should have a roadmap wherein you can see that this altcoin is for long-term investment. You must also know the purpose of this coin.
i wont trust a new altcoins if i dont see the long term process of that coins, like will that coin is supported by community, how the team will encrease the value of their coin on the market, and the results they achieved, from that i will start investing with small amount and put my trust in the new altcoin.
Mostly I see the team member reputation before investing in an ICO. ICO's are scam because their team member have intentions to scam and loot people. All other things like whitepaper, product, launching platform are all secondary things, it all have sense if the ICO is genuine.
Technology - innovation or warming up existing ideas?
Niche - new or full of competitors?
Dev team - several skillful persons working on code and communication or one man show?
Appearance - reasonable website, wallet and social media?
Gain potential - low market cap compared to similar projects?
Niche - new or full of competitors?
Dev team - several skillful persons working on code and communication or one man show?
Appearance - reasonable website, wallet and social media?
Gain potential - low market cap compared to similar projects?
besides this, we should try to talk with the dev so we can get much information from them and could make us trust the projects. there are many others that could make us trust with them and they should cooperate too with their investor or new people which want to invest in the project. it is better if we knew the dev and the team from a long time so we can know how good he is when he work in the project.
I trust a coin if the team involved in the coin is very active in social media, the existing community (interest) and ICO rating because I think it's all very important and connected.
Technology - innovation or warming up existing ideas?
Niche - new or full of competitors?
Dev team - several skillful persons working on code and communication or one man show?
Appearance - reasonable website, wallet and social media?
Gain potential - low market cap compared to similar projects?
Niche - new or full of competitors?
Dev team - several skillful persons working on code and communication or one man show?
Appearance - reasonable website, wallet and social media?
Gain potential - low market cap compared to similar projects?
I believe in some new coins, until now I am sure that I invest in a new coin that I am lucky better in time in the long term.karena look at bitcoin prices on the fore know higher.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
nowadays there are many new altcoins, it is very reasonable because they want to compete to create good coins and get many benefits.I often learn about altcoin just past the whitepaper, website.
there we can get various information about an altcoin. so we'll know a good coin.
What makes me believe in the new Altcoin is that Developer is always active, has a Coin Supply of less than 100 million coins, and lastly Listed on Major Exchange. And I'm sure you have the same thoughts with me.
This is one of the most awesome questions I have encountered today.
What makes me trust an alt coin , is first of all and the most important is the transparency , where everything is going , addresses containing the funds and the code of the wallets and block chain open for the public to see and explore and decide if it's worthy and trustable.
I hate joining a coin which doesn't let you in with the details about what they are doing with the premines and stuff like that if they have a huge amount of premines, why? because most coins turn scam by holding a big percentage of the coins which is premined and then releasing them when the coin it self gains value thus screwing all people who put effort in investing in the coin or that tried to advertise it.
I generally appreciate a new altcoin with a professional DEV team, good community support, a big support community, a clear roadmap, whitepaper and a well-planned implementation. Here are a few factors that help me evaluate a new altcoin capable of further research and decide to invest in it if its really good. Because investing is risk-taking, so a bit of adventure is great. What makes me trust an alt coin , is first of all and the most important is the transparency , where everything is going , addresses containing the funds and the code of the wallets and block chain open for the public to see and explore and decide if it's worthy and trustable.
I hate joining a coin which doesn't let you in with the details about what they are doing with the premines and stuff like that if they have a huge amount of premines, why? because most coins turn scam by holding a big percentage of the coins which is premined and then releasing them when the coin it self gains value thus screwing all people who put effort in investing in the coin or that tried to advertise it.
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
There are a number of things i tend to focus on due to solid advice from my mentors.
First thing to look at is the scope of thee tangible product or service the team is looking to bring to the world, or already has developed. I look at it with skeptical lenses to determine how realistic it is and how realistic adoption will be.
Next look at the team that is developing the entire project. Make sure they have contact information or social media profiles so you can determine how real they are and how much value they are actually bringing to the table.
Then take a look at their development roadmap. See if they have accomplished the things that they have claimed they would in a timely manner. Pay attention to what is up and coming.
Finally what I do is a quick Google search of their brand name to see what media is out there about their project. I look for partnership news, the addition of new team members, the upkeep of their slack or telegram accounts, and any news about them being listed on a new exchange.
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