What makes you trust a new cryptocurrency?

[Bastime]

BTC's success makes me totally trust cryptocurrencies and by that a lot of people are into earning and some developers are into blockchain technology. So the best reason that why we trust digital currencies is that our friends are earning more than average wage. That's how I bump myself into this course.

[doedz]

Rich men investing a huge amount of money in BTC makes me trust a whole cryto world. I do not think they do it without any purpose at all, it is a reasonable decision and I support it as well.

Too easy to conclude so, the good thing is to follow no one. A good standpoint is the result of self-study. The rich do not invest without purpose. There are many things to watch out for before investing, new coins have big risks, Unless you see dev and team that transparent.

[Gerharde]

The reason that I could only trust a new cryptocurrency is if there's a lot of people who are already using it and at the same time if it gets more support be it financially or support from individual people who is holding on to that cryptocurrency. Its not good if I just randomly supports even get some cryptocurrencies that is advertised online. Some of them might immediately loose its value due to some poor support and awareness of people making it less attractive and more risky to invest my time and money.

[Images21]

I wonder What makes you trust a new cryptocurrency? 

I think the biggest point that I will give to a new cryptocurrency is coming from its established partnerships with trusted, large, rich companies that is widely accepted worldwide. There are cryptos here that are in partnership with the likes of Microsoft, CitiBank, and others. That is one thing I really like with projects that can reach such feats.

[sic57005]

From most important:
1. Good technical whitepaper including all significant details of implementation
and open source repository that matches whitepapers stuff
2. Strong community
3. No serious issues detected in a while
4. Lots of people use it
5. Finally, reasonable volatility