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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: MovieChain on April 03, 2018, 10:16:54 AM



Title: How many whitepapers have you read thoroughly and carefully?
Post by: MovieChain on April 03, 2018, 10:16:54 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Knightly on April 03, 2018, 10:20:20 AM
Hi there,

My honest answer? Not enough.
I've read a few for basic roadmaps/understanding the tech/seeing if what they're proposing is viable/innovative. But I'll be the first to admit that I've been slack with doing my own research; I'm part of a crypto group and I've jumped on a lot of the recommendations from there - worked so far.

Especially if you're investing a substantial amount of your money in to a project, I'd definitely recommend reading whitepapers to get an understanding of what exactly you're placing your money into.
In saying that, quite a few projects release a whitepaper after going to the market. It's generally not advisable, but it happens.

Good luck out there!

-Knightly


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Piggy on April 03, 2018, 10:23:07 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?


Im afraid to read the answers on this thread. But hopefully people will learn from their mistakes. In the end is just money.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: manlyxman on April 03, 2018, 10:26:16 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?


Im afraid to read the answers on this thread. But hopefully people will learn from their mistakes. In the end is just money.

I don't think it's that surprising to see that most people don't read the white paper. Especially considering the kind of questions/threads we see here. ;D

But I have to admit that I haven't read most whitepapers thoroughly and carefully either. Either I've quit half-way through (dislike the project, etc.) or for some other reason. Sometimes I just skip the one-pager whitepaper and that can be enough.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Xioma on April 03, 2018, 10:39:15 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?


I don't read all the details of it to be honest. Just enough to draw a conclusion on.

Of course, it depends on the project and if I'm still unconvinced I seek more info.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: ahmadakbari on April 03, 2018, 10:46:29 AM
I usually don't read whitepapers and I have never read a whitepaper completely.
I think most of the people don't read the whitepaper. Because even a good whitepaper is not a guarantee that the project will be sucessfull. It's easy to write a great whitepaper and ignore it after a big fund raised.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: kmkfan628 on April 03, 2018, 10:58:26 AM
i am not afraid to admit that i do not read every single whitepaper of the coins or tokens i have bought or have been interested in. that being said, it is often the case that the most important details from the whitepapers are generally covered in a concise way in the FAQ, or in videos by the developers, or the about section of the website for that coin. combining that with looking up the people who are on the development team tends to give me a good idea of how serious the project is and how likely they are to successfully deliver their product to market. there are some coins like BAT which after i watched the introductory videos i was so interested i wanted to know more about what they were doing in a more technical form, so i went through the white paper.

i believe reading the whitepapers can be kind of difficult to grasp for some people who are not technically inclined. and in that case i feel like a good secondary source of information is if you can find one or two highly qualified youtubers who have done videos breaking down the aspects of the coin which are important. Ivan on Tech is one youtuber whose opinion i certainly trust. though there is SO much money in the space going to marketing, that the blessing of a youtuber with a large following can significantly impact the success of a coin, and for this reason i always take their videos with a grain of salt. sometimes you can stumble across a video where it is the developer themselves doing a lecture on their coin and what makes it different, or an interview between the developer and another knowledgeable person who can ask the hard questions and get the developers answers to questions which may not even be answered in their whitepaper. videos that feature the developers i feel are a reasonably good resource if you are not going to read the whitepaper yourself.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: arndt.maier on April 03, 2018, 11:02:54 AM
I've read thoroughly 1 WP and some of them looked through.
For me they are very similar.
Now I think it's enough to read some important chapters thoroughly and just look looked through general and typical chapters (they are just a waste of time).


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: fatenmo on April 03, 2018, 11:04:53 AM
I always try to read the whitepaper and end up paying more attention to some sections than others


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: JanEmil on April 03, 2018, 11:22:21 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

I don't read whitepaper any more. The team is the only thing that matters for me now.
Some of the best projects (whitepapers) I invested in last year was fake or promised too much.
My new stategy is to find good teams that found on Linkedin, Team reply questions, Team use real names and pictures, Team have the skills needed. Team WORK and show progress.
Projects that don't need a billion to make an APP. Realistic budgets.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: CryptoAllDay on April 03, 2018, 11:24:37 AM
I always check through the whitepaper carefully to see the feasibility of the project from a technical standpoint, and then compare it to the team members to see if their experience aligns with their goal.  If a project seems too good to be true, or if the team has experience and background in areas that are completely unrelated to the project, then I see that as a red flag.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: huoxuanjyphl591 on April 03, 2018, 11:27:01 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

I will read all of the whitepaper if I want to make the investment. I thnk it is good for us to know more thing about what we want to do.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: chanc3r on April 03, 2018, 11:36:30 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

I try to get the necessary knowledge about the company rather than tried to read whole of the whitepaper. But the important thing is about to understand what will be done by the company to build a good business plan.

For me, I don't need a lot of research but I try to get the hype rated from the demand of project itself. Big hype means there will be a lot of people will try to join.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Haley craft on April 03, 2018, 11:37:26 AM
Most of the time I'm not interested in the white paper.
Because the ICO project is more like a gamble, most ICO projects have no value, just hype.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Daniel9140 on April 03, 2018, 11:40:35 AM
When I got into cryptocurrency, the first thing my mentor always adviced me to do is, before any investment, make sure I read the white paper and do my due diligence before investment. So, any project I get involved in, I make sure I read the white paper before either investing my time in bounty programs or investing my funds into the project.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: herurist on April 03, 2018, 11:43:16 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?


I do that as the first step to know and understand their concept project, from there I can predict their product value using fundamental method. After that I'll keep follow how they work and if the team doesn't built a good communication with members, I'll leave it. Until now, I use this simple method and sometimes safe my asset.





Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: minhdang2212 on April 03, 2018, 11:46:20 AM
I often read the documentation of the project very carefully, I want to see if their implementation is feasible, I also know the members of their team, I will be more comfortable if someone in the team are more experience in blockchain and specialized in the project.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Vit83 on April 03, 2018, 12:34:24 PM
I read few of them, asked few questions about it. Honestly, they all look the same blah blah blah we a doing " some technical terms" and no understanding why that must cost millions/billions of dollars, who will be paying for this, what monetization.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: ZaoXhou on April 03, 2018, 12:38:54 PM
A lot of whitepapers, and you can immediately see who knows how to write a whitepaper and who doesn't.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: cryptochr on April 03, 2018, 12:42:58 PM
Once I have made my decision that I am interested in an ICO I will read the whitepaper as it is one of the factors that I used before finalising my decision to invest


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Ember3322 on April 03, 2018, 12:49:18 PM
I have read around 10 whitepapers and some of them really standout and some indicate scammy nature of project.For me the most important question whitepaper should answer is not 'what' their project does, 'how' it does it. But 'why' does the world need this project?What differentiates it from alternatives. In bull market majority of projects were growing in price but in bear market you cannot follow same blind/impulse investment patterns.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Wyne on April 03, 2018, 12:59:13 PM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

Before engaging in any project, I always see to it that I read the whitepaper.  This is the only way to understand the proposed project and to analyze its feasibility. Afterwards, I made a background check on the developers. I understand how boring it is but as an investor, it is an attitude that we must overcome. 

Many investors fall into scam project because they do not have patience to read the white paper.  So, it is better to carefully read the whitepaper to avoid falling from scam project.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: judaspriest on April 03, 2018, 01:15:40 PM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?



Of course reading white paper is a must when you really want to get involved in investing. no matter how much you've read as you try to research some of the ico you're investigating. your most important involves knowledge, and moreover researching and reading in its entirety is to avoid the ico that has no potential or no future, let alone that leads to a scam.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: mmo_online_1981 on April 03, 2018, 02:05:41 PM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

I never read it! At present, there are many projects, but not all are good and successful!


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Mohit1243 on April 04, 2018, 08:10:25 AM
I have join 5-6 bounties until now and i did read their white papers and i saw their projects, background of team, Roadmap, bounty campaign etc before join any bounty.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Semen89 on April 04, 2018, 08:13:58 AM
There were very few such projects, I read in detail their white papers only when the project interested me in this. And if in the white papers I'm also in good order then I invest in them


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: SamboNZ on April 04, 2018, 08:52:55 AM
I always read the whitepaper, mostly it determines whether it's a good project or not. Almost all incoming ico's have the same goals and content and it will likely to fail because most of them are too good to be true. Just read a lot and carefully study and analyze every details because it will help you decide on which you would invest to.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Jizel on April 04, 2018, 09:06:05 AM
I try to read the whole whitepaper of the company to understand what the project is about, who organizes it and how serious the intention is. This helps reduce risks. Especially if you are investing a substantial amount of money in to a project, you need to read whitepapers to get an understanding of what exactly you are placing your money into.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: ICO Lancer on April 04, 2018, 09:07:54 AM
If it's an ICO i'm seriously considering to invest in - all the way through.

If not and I'm sure, I just skim it to get a general idea and then draw a rough conclusion to go on.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Msile on April 04, 2018, 09:14:22 AM
Iv read lots of whitepapers, they are very rich in information about about the crypto. This is my trusted information source and i exhaust ll the info in whitepapers before making decisions on whether to invest in the coin or not


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: sniveel on April 04, 2018, 09:47:26 AM
Yeah ofcourse Ive read many whitepapers but i fully trusted that a whitepapers that have many information talks about their project is less because i dont like to loss my money so i gather more data


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: explosion on April 04, 2018, 09:51:02 AM
According to my experience, the idea and the technical side of the project isn't usually a priority. The hype over the ICO is what matters. But returning to your question, I try to read the whitepapers but guys, really, is it me or they are really difficult to understand? Especially when to read the translated versions, in most cases they look like a mere collection of words!


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: weborsha on April 04, 2018, 06:22:19 PM
I read quite a number of whitepapers, but i only read ones of interesting projects. Numerous exchanges or projects which are not really using all the power of blockchain are not interesting for me.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: gregden on April 04, 2018, 06:27:38 PM
When I choose ICO, I study the information about it completely, from the website and whitepaper, to the analysis of the top investor and the mood in the chat rooms.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: cryptospear on April 04, 2018, 06:28:21 PM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

Only those campaigns who passed my background check,especially those team members which has verified members who does use their own real identities because surely these people wont steal investor's money and wont try to scam people because if they will try to they are in a big trouble because we know whom they are.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: jbautistangina on April 04, 2018, 06:33:33 PM
Honestly those projects that i think worth to read are the ones which i am reading their portfolio these projects that makes me think or intrigue everytime i read the introductions in their website,and if these people are using their own identities im sure that project will be solid because most of the people doesnt do research that is why most of them are getting FOMO with these ICOs.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: Fatunad on April 04, 2018, 06:41:07 PM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

I didnt tallied it out but im sure i have read up lots of whitepaper since im an investor with potential ICO. I dont read up the whole WP but rather getting the main ideas or keys so that i would able to save up time and can still read other projects WP. Some people do read it up entirely but i would say it wont really be necessary to do such thing because you will consume too much time and might missed other potential projects.If you do like to diversify or utilize your time well then be wise on getting the key ideas of each project.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: akadiimamontov on April 04, 2018, 06:45:01 PM
I have so far invested in just one project. I studied whitepapers very thoroughly. And also studied information about the development team.


Title: Re: How many whitepapers have you read thoroughly and carefully?
Post by: n691309 on May 21, 2018, 07:10:43 AM
Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company?

I didnt tallied it out but im sure i have read up lots of whitepaper since im an investor with potential ICO. I dont read up the whole WP but rather getting the main ideas or keys so that i would able to save up time and can still read other projects WP. Some people do read it up entirely but i would say it wont really be necessary to do such thing because you will consume too much time and might missed other potential projects.If you do like to diversify or utilize your time well then be wise on getting the key ideas of each project.

I don't know how many whitepapers i already read,
Before investing one of the main factors to read is the whitepaper, but it doesn't end there.
You need to know the team of their ICO, their platform and future plans (roadmap)
Don't settle with just white paper, as it says it is just PAPER over online. better be surer than scammed.