What makes you trust a new cryptocurrency? - page 4.

mornabo

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Quote from: martin1221 on October 09, 2018, 08:56:10 AM

Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

There are many factors that one must first consider before trusting a new cryptocurrency. The platform if it is really feasible, the detailed information about the crypto as outlined in their whitepaper and also the team running the project. If all of these are satisfied, then I confidently invest and trust that crypto.

Right, they have the potential to grow because they have good technology innovations that are in great demand by many people,
that's the first thing I see from a new coin, then the second stage I will start seeing their whitepaper, their team, etc.

smyslov

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Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

What can be a better way to trust a coin but transparency and good communication from the dev of the coins and of course community support, these three are important to me if a coin show sign of this three features then I will trust this coin.

grifinmch

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new crypto has a team of developers who are either worthy of belief was issued. that will make it capable of being able to grow and compete with another crypto also had long existed. without having a solid team in having expertise will certainly be difficult for new crypto compete in markets in this time because pretty much every day new crypto will appear and many also are crypto coin bins.

Itsmylife

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Their roadmap, their plan to develop, their works and the activities of their community. And the most important thing is its price present is lower than the moment it is listed on exchange sites.

Cointoli

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I often care about the idea of the first project, the idea needs new and has many breakthroughs that can attract the attention of investors. Next I usually care about the leadership team, if a team of professional and famous leaders in some areas will be very good interest. Also community support and continuous development is also very important factor that I often evaluate new projects.

Mr.Gun

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I don't believe in the new cryptocurrency, let alone the crypto condition is still sluggish, even if there is a new cryptocurrency, hopefully it can be welcomed by many people and can develop well

MancyZz

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Quote from: jonsnow29 on October 09, 2018, 09:39:44 PM

Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

I used to invest in new cryptocurrency before by reading whitepapers and researching about the projects, and devs. But, it didn't work well. That's why I do not invest in new cryptocurrency right now.

I've proved myself by joining Cryptocurrency. I really get a considerable profit. with this being its own belief proves that fosters a sense of security when using it. so very nice to prove himself Cryptocurrency.

jonsnow29

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Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

I used to invest in new cryptocurrency before by reading whitepapers and researching about the projects, and devs. But, it didn't work well. That's why I do not invest in new cryptocurrency right now.

fadlyzuld

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Actually, I don't trust in new cryptocurrency even if its project is really good. It's too risky to invest into a new cryptocurrency. So instead of investing in a new one, I will choose the coins that in top 20

dumplingsandsushi

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The #1 thing that makes me trust a company is the people behind the company.
Anytime I am serious about a coin, I will reach out and contact the devs and ceos before I buy.
If it is difficult to reach out to them, then immediately I pass on it.
At the very least, if I can't get a hold of some kind of at least Admin, then the company is not worth my time.
Even eth can be considered a startup. And the only way startups expand into a long lasting company with value is through communication with their support base.

The other thing I look at is the tech itself.
since I am not that tech savvy, I pass a lot of it on to my techie friends to get their opinions.
If the crypto doesnt' have a github, that's a pass.
If it doesn't have a functioning product, that's another pass.

p3rk0

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Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

Team, discussion, mostly if they are active on social and Discord. How open source and individual the project is.

Ribbitforum

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Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

the team, fast development of the project and if theres a trusted partnership to a well known company

jugger1028

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I only look at the team, if it's a strong team with clearly identified people (no aliases) and a good vision for a use case, then I am in. I also make sure it's not a token because they're all bullshit. Mining a coin, with PoS, strong team and a good use case that isn't a token. The end. Everything else is shit.

pharaon

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At the moment, even under such market conditions, many new projects are being created, but personally I’m afraid to invest now and I think that it’s not profitable, so I don’t trust any new projects.

Alex Foman

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I can not trust the cryptocurrency without examining it carefully. Therefore, to begin to spend a detailed analysis. And only then I think whether to trust and invest.

martin1221

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Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

There are many factors that one must first consider before trusting a new cryptocurrency. The platform if it is really feasible, the detailed information about the crypto as outlined in their whitepaper and also the team running the project. If all of these are satisfied, then I confidently invest and trust that crypto.

dicaprio

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New projects may be interested in their idea, which can greatly help people really seriously increase the processes of investing and getting money, but I consider projects only from investors.

ahmed04

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The sheer trust in their technology makes me trust them. If the project fails to prove the efficiency of their ideas - I do not invest.

NetFreak199

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Now the project can get a confidence level only if there is a strong team. Everything else doesn't matter now.

elis74

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Quote from: hismaimai2000 on September 25, 2018, 05:37:36 AM

I wonder What makes you trust a new cryptocurrency?

This is often very difficult. Many cryptocurrencies are really not credible. But it seems to me that when some coins are kept on the stock exchange for more than a couple of months, then you can safely buy them and wait for growth

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