Bitcoin Forum

Just curious if you guys read the whitepapers of the projects you want to invest in at some point?

I'm a fan (hence my site), but I always wonder what kind of research people do on coins before throwing money at it.

John
www.allcryptowhitepapers.com

A lot of people in this space do take out quality time to read whitepapers to at least understanding what they're putting their money into. Unfortunately, this in itself doesn't imply it's a prerequisite for investing in a great project. This is because whitepapers are fast becoming nicely written fancy documents with no real intent of achieving

Yeah agreed, some whitepapers are poorly written and full of buzzwords which only confuse people. There's a trend going on that whitepapers are released after they've started development and have more of an idea which direction the project is going, which could make the whitepaper a better representation of what the project is really about.

I will take a quick look at the founder's ideas and how they sell their tokens. I always refuse to invest in ICO projects offering high bonus rates. I think this is a low valuation of the token and that will make it easier for the whales to manipulate the company in the future.

Absolutely! This is usually embedded in the whitepaper and it takes reading it to find out. I equally take a pass on ICOs with humongous bonuses for private investors/VCs and no known lock-in periods for such bonuses.

I don't really have time to read all of those things inside a whitepaper. What is the since of reading it if the project will still turn into a scam later on?

Ofcourse reading a whitepaper is not a guarantee that the projects doesn't end up being a scam, but it could sure help to filter those kind of projects beforehand. I wrote a small article a while ago on recognizing those scams > https://blokt.com/security/how-crypto-whitepaper-research-can-help-you-to-avoid-scams.

yeah, token allocation is so important! Same as lock-up period for the team, you don't want to run the risk that the team can dump 25% extra tokens on the market after a year or so.

Whitepaper is the thing which describes briefly about that project so if someone doesn't ready to read that then they are just gambling with their money since the quality of the project can be obtained only after deep research about project with all the possible ways.

Whitepaper is a written documents about the evolution of a project. How the project will be handle and things that will be Introduced in the foreseeable future. Most people who want to invest in a particular project always read the White paper to know the plans of the Developer before investing.

Whitepaper is one of the tools to determine if the ico project is legit or not. With this we can see how the project will run and can tell us the

usages of their utility token too. We can also see who's the person behind the project either.

So many investors never give yield to reading the whitepapers before making the investment, at the end run at lose. Whitepaper in any project is the guild line or the phase in which the said project will exhibit from it developmental stage to it completion. Before i invest on any project i do a thorough research on the whitepapers and the RoadMap before invest on the project, just to be sure its will lead to scam.

All the projects are describe our white paper because it is explain the potential of projects but some peoples are not highlight the security and future development so many projects are failed in the market. So I always ignore the website analysis so I just surfing the bitcointalk and read the OP post then check the direct growth is best option.

Yes, I would tend to agree that the "not to technical" investors won't even know what a Whitepaper is because they just invested because of the hype. And then they all bitching around when they've been scammed already. I'm not investor except for one coin that I carry today and so far it seems to be very good in my opinion. But to be fair, there are also investors reading white paper and doing their due diligence before investing.

I used to read whitepapers all the time when I used to invest into alts, and I can say that it’s actually quite easy to identify what whitepapers are made simply to impress investors and are chock-full of buzzwords and which ones are written with a true purpose and show that a coin or token has potential. It does take some time to read whitepapers and things about crypto in general, but you should be able to find which whitepapers are of good quality and which ones aren’t within the first page or two and discontinue reading accordingly if the whitepapers you’re reading isn’t worth reading.

A whitepaper can also greatly help you understand the basics of a cryptocurrency and its purpose if you have the reading ability and time to do so. If you or someone else don’t know a whole lot about a coin or token, reading the whitepaper of the crypto in question should help out.

I often use it as a record for the depth of the project. but I only take a few important points, reading the whitepaper too often will make us accustomed because they look very similar to other projects through detailed paragraph arrangement. I am more interested in directly contacting the developer via telegram with various active questions to convince myself as potential investors / traders of their coins.

A must thing to be done by a certain investor which WP is already be the main thing should be read up because on this you would able to know on whats
the project is all about you would have the idea if it do have the potential or just an another copy-cat project around that wont really be worth to invest.
On the site you gave, it do shows basically the definition of WP.

I don't see or read white paper again because when project goes everything look's great for me. White paper is just explanation about project idea but as investor I need to know how they works to built trust and performance, the project must go first. Second opinion is I need to see how good they built communication with us because I believe many problems will comes up, as long they can give us solution in easy way that's enough.

This might be categorized as an advertisement that always offers goodness, indeed an advertisement does not all work according to what is promoted, but at least there is an effort to achieve that goal, without a good crypto promotion that will not be understood by some of the world community.

for the few coins i've invested in---definitely. you need to study the fundamentals before investing, and reading shitty whitepapers is one of the easiest ways to quickly pass on bad projects.

but when it comes to trading, i'm looking for bullish chart patterns + liquidity + hype. and really nothing else. for me, altcoins are mostly just for short term speculation.

actually  reading white paper of the project is the common technique of some investors ,wherein to determine easily the project . But i have no idea if that manner is worth it and effective.  Because mostly project nowadays always suddenly turn into scam even it has good testimonials and white paper.

I know whitepaper should be the first thing you look at for an ICO but it is one of the last things I check before I invest.
I definitely think it is crucially important and I do not mean last thing I check in importance, it is definitely as important as anything else, I just mean last thing as in the sorting of it. I prefer to check the public hype before anything else.

If there is hype about a coin that is coming up the next thing I usually look at the team that is developing the coin and if I heard of any of them before, I mean if vitalik came out with a new coin we would all join probably.

After those are done I check the whitepaper and see if it is fixing any problem that needs a vigorous immediate solution. Last time I did all of them I purchased few coins and that didn't work for me so this is not a guarantee it will work for all the investors and all the times. Investing in cryptos is slowing moving toward a point where people simply risk their hard earned money in the name of gambling.

most of the old investors are bigger timers, they will not be bored when the whitepaper is reading before they start investing and they know whitepapers that have no value, rather than just the beginners to even read the whitepaper content we still have no curiosity, so sometimes it often stumbles. How often do you write in a whitepaper is pretty good that says it's a good idea to accumulate tokens and good projects so you're always upset.

Thanks for all the interesting insights everyone!

I think we can agree that you should take a look at the whitepaper at some point in your research, but there are many other things that are also good to check out before you become an investor. Such as asking questions to the team, checking out the community and their feeling toward the project and its team, double-checking the website for any updates in the roadmap or token allocation etc. But even if your research is great, you should always keep an eye out for scams by regularly checking up on all these factors.

Keep sharing :)

I actually do! But not until I have scrutinized the team, be sure I am OK with the MVP and have a lot of conviction within me it should be a solid project before I do so. Whitepaper is always the thing I look at last, and which in this case, I want to be getting a definite understanding of the project, the business solutions and every other perks that comes with being an investor. However, I do not want to be stressing myself reading something that can easily be dubbed by scammers, while leaving out the important things to take note of first.

Research and analysis of white paper is one of the main components in the selection of the project. Not everyone reads the white paper, but if you carefully analyze it, you can understand how promising the project. This is important.

This is a nice idea mate! I also suggest that you can summarize all the technicals in a certain whitepaper as well as if you can have like a verdict if a certain whitepaper is a lousy one or can hit a home run.

Whitepapers are basically there for every investor to have a full idea of the project and the basic reasons why it would pay them in the long run, what they have in store, their plans and all that. Generally, when it comes to a project, the plan should be detailed, but like someone rightly said, it is always imperative to check if other things are in place such as the team and the product before wasting your time on the details. If it is not worth paying attention to, you will know immediately before you start reading the whitepaper.

As a bounty hunter, I select my project to promote and really do some extensive research before promotion. Even as an investor you really need to understand the concept of the project and confirm whether such a concept is practicable or realizable. You get good input from the project's white paper for your analysis and then decide whether to go ahead or not.

Before I join in a ICO, I read first its whitepaper for me to find out if the ico has potential in the market. You can also find out if the project is scam through reading whitepaper. It is really good if we will read ico first.

That would be awesome, but I'm busy enough as it is with adding & updating whitepapers  :). Pretty difficult as well since you have to be really tech savvy to get to the core of the tech and make a solid assessment of how they're going to solve a problem...I think other people will be better in that  ;D. Definitely love the suggestion though, would've been a good addition to the site.

IF  you want to figure out in which project you can invest and earn.  Without any doubts, your investment should take into consideration the information of WP.

White Paper is a complete proposal about a project that will be made by a developer or startup company. The main goal is to get approval and public support so that the projects they work on can work.

From the understanding I am sure it is clear, if someone wants to invest in a project, I am sure investors will read the White Paper

Any serious investor would find it a sound idea to run through a project's whitepaper. Though even a seemingly well constructed one can end up just that. It should be a part of any investor's reseach but not solely depending on it.

As a investor is better for me if the ICO have whitepaper because I read it to create prediction and I will decided if Im going to invest or not. As investor we need every single information or full details must be post by the team or in every project so that we can know if the project is potential.

Everyone who are all looking for contributing into an ICO must go for reading whitepaper. It must be a basic step toward analyzing a project. But, now a days devs hire people to write attractive content for their whitepapers rather than presenting what is they are actually going to incorporate in their project. I mean to say all whitepapers are not true representation of an upcoming project.

This is the prime reason why all the ICOs and projects are releasing whitepaper. We must make use of it for taking appropriate decisions. But, whitepaper alone will not be enough for making investment decisions. It should be a part our researching factors to make a conclusion about a project.

Well, most people would say that it's not that important to read, especially if you are only a bounty hunter, where after one month or so, success or failure, you can just leave and then find another one. However, that's not the case for other people who doesn't just join in the bounties, but for those who are investing in them, and actually use their money or assets, I think, reading about the white paper is one of the least you can do in order to check if the project really has a potential to grow. At least, even if the project fails, you can't regret that you didn't even do some prep work.

Its a must, and I only read white paper of thsoe project that catches my attention.
 Frankly most of the time I just paraphrase it and goes directly into important details. Indeed, a white paper is an important part of a project by detailing how the team develops it and how the project will do.

Reading a whitepaper I must confess is actually boring,considering how long they usually are, I do not read all the whitepapers of projects I've both invested or advertised for
I simply tend to study whitepapers of promising projects and the ones I envisage I'll be tempted to hodl for a very long period
The whitepaper gives you an idea,a focal point of what the team actually has up their sleeves,its best to take out time to study it, and if anything isn't so clear or is obscure to you,then you can forward your concern to the team,if they have issues answering you, it's most probably a shitty or scam project

The whitepaper is just one of the details that have to be properly scrutinized before considering investing in a project. It covers the entire project, targets, products, partnership, team, road map and more.
Also.make extra research on the information shared to ensure it's credence.

I always prefer to read the whitepaper and then research more than 10 days before selecting that project to invest money! Though I don't read the whole papers from the whitepaper, but I tried to look through the team, their previous experience, roadmap, the motto of the project, roadmap and other things! I visited your website and I want to welcome you for this step, this is very unique and I hope you will list only good project's whitepaper on your website. Good Luck.

Of course we need to read a white paper of a project what we want to invest so we know what if this project have potential in the future to be successful. And its important that we read the white paper because we need the idea of project that they can contribute to crypto.

Yes, investors should read the whitepaper of a certain project to get the feel if the project has the potential to make it big or being a fraudulent one.
Also, aside from investors, a bounty hunter should at least browse the whitepaper before joining the program.
In that way, he will know if the project is really authentic and has the capability to deliver their objectives.
With that, he will know for sure that he will be paid afterwards and get the money that was promised to them.

People's are interesting form the project launched by the developers
Reading of the writepepers all about the project legality before investing
Writepepers and roadmap is very important thing in the project for the basis of the people want to invest

Not really always read whitepaper, because in ANN it always explained from important section of whitepaper, maybe if really needed or i don't understand ANN, i will open whitepaper of project and read it.

I always read whitepaper before deciding to join a project whether for doing a bounty or investing there. At least, by reading the whitepaper, we can have a little description if it is a trusted project or potential for a scam. We can study the project ideas, plans, strategies, products, and team members information through reading whitepaper.   

Reading whitepaper is one of the crucial things before investing, it can gives you a lot of information, and it also can give a detail information about the feature the raodmap and the developers team, almost all of the important things about the project is written on the whitepaper, investing without reading whitepaper is like gambling

I will not go looking for projects that read all their whitepaper. I have a team that can search for ICO projects that are running in the background and there are many big investors growing.
I just read the whitepaper of those potential projects, besides I don't spend too much time reading it all. ;D

if we dont ready any whitepaper from any projects we could use analisys from ico site review.their team riviewed this projects by analyze their whitepapers and find positive and negative value from it.

If you are an intelligent investor. Read WP is your obligation. Because only WP can give you all important information about the future of the project and the plan of their development.

Although read the whitepaper is one of the important things to do before investing to find out more about the project, but I never read it because it was too long. Even so it doesn't mean I don't care or don't want to know it. Because there are many bounty participants who make reviews about ICO projects, so I prefer to read or watching from their review because it is shorter, denser, and clearer.

I look through the same facts, m8. But, i think the realm of ICO is dead now.

The real investors actually go to read these whitepapers to find out that in which type of project they are investing but there are a lot of people who do not know to read these whitepaper they only depends on the signals from their leaders to invest in these they often face loses.