what makes you trust a new altcoin? - page 80.

Kupid002

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Quote from: tenakha on October 09, 2017, 01:21:02 PM

Quote from: xCryptoManiaX on October 09, 2017, 12:40:18 PM

Transparency, active team in the community. Possibly one of the most important stuff.

To be honest first thing i am looking for is team members on new projects.If they have related experience in this field imo they will be able to handle project.Second thing is measuring risky investment on my portfolio. If i prefer to risk i ignore my first rule.

reading the white paper and the whole info of this project truly helps me and yes your right for who are the participators of this project i do research of it because trusting coin without any information about with out knowing is a way of that you are wasting your time.

Hannu

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

On ethereum? I have been visited on meeting, they make me sure its not scam.

nl247

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Quote from: nestcafe on October 18, 2017, 10:33:48 AM

Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I do not really believe in new altcoin. It may take a long time for it to rise to profit. I made a mistake that I had committed before. I bought an altcoin. and one year later its price increased. My money has been frozen for a year

It really does take a lot of time for some coins to increase. Some even while trying to increase within the year always still end up experiencing some difficulties along the line and gets dumped just like what we are having now due to the upcoming fork. Now, I am always thinking of dumping any new coin as quick as possible anyway, knowing that there is a huge possibility of having them dumped and possible for you to buy more with the profit.

nestcafe

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I do not really believe in new altcoin. It may take a long time for it to rise to profit. I made a mistake that I had committed before. I bought an altcoin. and one year later its price increased. My money has been frozen for a year

dimonstration

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Dimon69

Quote from: betudontbet on October 09, 2017, 06:08:41 PM

Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

Always check who is behind the project, if there is people with a good portfolio with successfully projects behind that's a good sign about the coin I'd rather myself to not invest til the coin really make themself stable because you may incurr in a high lose investing without real knownledge.

yes right me too im always looking for the people behind that project research on the members for some that have experience here not also a experience but for some they experience to be successful so i always look who is behind this project.

dead_m92

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It needs a lot of things to be trustable for the whole community, their communication with the investors is so important, and their project needs to be fully transparent, otherwise nobody will trust in them. And most ico's are showing not-ended ideas, and this makes them a little bit more weird, and most of them doesnt have success.
And also the advertising, if you are not paying good amount of money for advertising, then it means that your project doesnt even have one thousand dollars to invest.

betudontbet

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

Always check who is behind the project, if there is people with a good portfolio with successfully projects behind that's a good sign about the coin I'd rather myself to not invest til the coin really make themself stable because you may incurr in a high lose investing without real knownledge.

cryptoalfs76

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

What makes me trust another to another altcoin is my instict.yes my instinct coz i know when i enter this bitcoin all things happen and i wanna take the risk.even my money will pump or dumb thats the nature of business just take the risk.

tenakha

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Quote from: xCryptoManiaX on October 09, 2017, 12:40:18 PM

Transparency, active team in the community. Possibly one of the most important stuff.

To be honest first thing i am looking for is team members on new projects.If they have related experience in this field imo they will be able to handle project.Second thing is measuring risky investment on my portfolio. If i prefer to risk i ignore my first rule.

onrise

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Quote from: xCryptoManiaX on October 09, 2017, 12:40:18 PM

Transparency, active team in the community. Possibly one of the most important stuff.

Along with the transparency I also check what are the unique features the coin offers which is not being offer by other coins. This will help the coin to create a huge demand and has a potential to grow rapidly in coming time. This will help in rising of the price of such coin quickly.

webtricks

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I only see one thing. What new does the coin bring to existing framework of cryptocurrency working. Ethereum brought Smart Contracts, hence become widely accepted. Waves brought DEX, hence become trendy among investors.
If coin has something new to offer, everyone will adopt it and investment will give you good profits. But if coin is just another shitcoin with no utility then you probably never invest in it.

amaral1977

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

What kind of coin? one that wants to be a currency? one that wants to be a means of payment inside a platform? one that means to be a profit sharing fund? Alt coins nowadays are so different as BTC and ETH . and people still talk about one being a competitor of the other when we are talking about different things. so in alts, the features one might feel important depend on the purpose of the coin.

xCryptoManiaX

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Transparency, active team in the community. Possibly one of the most important stuff.

sirat01

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Quote from: CrypTrends on October 09, 2017, 05:16:59 AM

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I believe in whitepaper,road map.Their projects plan.CEO and others stuff.If they are not active I think that projects is shit.

sch_lau

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well i check out their webpage, see who is on the team, i look at the photos, whether they look professional or authentic. then i check out the project and see if it is possible and makes sense. then i check out their slack and ask some questions. 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.

ReLieD

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It's efforts to get over and the money it puts into its advertisment is the key to success. Apart from these , if it has an exclusive feature , which no other cyrpto currency has then people will obviously be interested in that coin.

chip211

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A new altcoin that is of great interest and large volum on the trading floor in a short time. And altcoin is present on many major exchanges that is what makes me believe in it.

affandi

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what you are talking about is altcoin result from ICO? if yes, I only believe in some altcoin only, and that too by looking at their vision and mission. Some of the advantages I often get when new altcoins come in on the exchange, the price will mostly go down before then go up again. there's my chance to take advantage.

Theizestooke

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it is Back to you risky factor is high when new alt coin start but price is Down

like if you Back to 2011 bitcoin was so risky to put your money on it .

so take your risk or be away

HeRetiK

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I don't bother much with new alt coins to be honest, but those I trust passed the following criteria upon closer research (ie. whitepaper, about page, announcement thread):

1) Does it smell like bullshit?

2) Does the problem they are trying to solve actually exist?

3) Does their solution look technically solid and viable?

Most alts don't even pass the first point in my book. Too much crypto-babble abound and too many cash-grabs.

Topic: what makes you trust a new altcoin? - page 80. (Read 11111 times)