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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
5stringer
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September 04, 2018, 07:38:03 AM
 #1121

What influenced me to put stock in the new altcoins? There might be developments that new altcoins have. They manufactured a task with an inventive and unique in relation to different altcoins. So they pull in eagerness from the cryptographic money client to purchase or contribute there. The reason for a venture is extremely important.It's in reality exceptionally straightforward. There is such an asset as ICODROPS. Above all else you have to take a gander at key financial specialists (stores) and the group.
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dommerty
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September 04, 2018, 07:39:02 AM
 #1122

In order to trust a new altcoin I analyze tokenometrics, hype around, community and transparency. All these factors are worth to analyze each alt.
I don't like new appeared altcoins with high capitalisation.
Ferris419
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September 04, 2018, 07:39:51 AM
 #1123

I only trust the altcoin that has the minimum product. Because that is the basis for good altcoin differentiation and altcoin for pumping and dumping. And with the new altcoin I don't trust it because there are so many altcoin died shortly after because the development team dropped it after the ICO was successful. Altcoin is just for speculation to make a profit.

Bitcoin is gonna hit 100K usd
snedyolo
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September 04, 2018, 07:56:22 AM
 #1124

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

I guess there are certain factors that I consider first before trusting a new altcoin. I would further research about it's ICO and the progress it has made in the past days, months or years, depending on how long it has been around. Now, if it's really new, I would always go for it's purpose, by doing so, I could be able to tell if it will be profitable.

Cybercube
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September 04, 2018, 08:03:37 AM
 #1125

The coin has to be useful if there is already something that can replace it - the coin won't last. Next, you need to make sure that the team behind the coin is reliable, search their LinkedIn, landing page and find out whether they have an expertise and have been involved with the technology they are using. Also, google them and make sure they don't have any scamming records. Last but not least, make sure that their product gives a new solution if there is already a steady centralized project that can solve the problem, what's the point of decentralization?
320hz
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September 04, 2018, 08:09:15 AM
 #1126

It is very difficult to explain exactly which factor influences my choice of an altcoin. I try to study the whole project before making a choice. For me, the project team and the product are important.
HazyMan
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September 04, 2018, 08:12:34 AM
 #1127

It`s better then trying to mining BTC. And if u r not investing a lot, risk are low
trainer67
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September 04, 2018, 04:09:45 PM
 #1128

I see the altcoins based on the duration of the project and the number of project development teams. Enthusiasts will see from the product created by the project.
Brittanythanh
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September 05, 2018, 02:58:47 AM
 #1129

They have many opportunities to increase due to support by many factors: the user is interested, the development team always seeks to raise the value of the coin,... So the new coins have a dizzy price increase when boarding the floor
xvacator
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September 06, 2018, 08:49:22 AM
 #1130

I won't give 100% of my trust in a new altcoin because I think it will need time before I can trust the coins. besides that, before I trust one coin, I need to check on their trade on every exchange so I can decide to trust or to just trying to make a profit. it is difficult to give the trust for the new altcoin before they can give a good progress in their project and in the exchange so maybe later if the coin is very good, then I will trust and will hold the coin for a long time.
ronsaldo
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September 07, 2018, 08:36:04 AM
 #1131

I read their whole project and how they come to an idea of making the new coin. If there is a great reason for making such coin that is unique from the other then I proceed further because I know that if the coin doesn't have any reason to be created then it won't stick around for more time. Then comes the research about the company, the developers, their abilities and personalities etc. the ICOs are also a good way to know whether a coin will be successful one. See the results of their ICOs and you will know whether to invest in it or not.
Jiucaige
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September 07, 2018, 08:38:05 AM
 #1132

Whenever I am about to start investing in a certain altcoin, I will read its white paper and team introduction. If the product is legal and can be used for good purposes, then I will choose to invest in it!
ryanpargoz
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September 07, 2018, 08:43:38 AM
 #1133

Before i do a lot invesment to new altcoin (ico)  
i do my own research, see the roadmap , white paper, team behind ico project
the purpose of the token created
rating ico site, etc.


sundul
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September 07, 2018, 09:03:09 AM
 #1134

I believe because before deciding to invest in a new coin, I did some checking first. And that makes many people when investing, then get the coin scam because they are not thorough. If you think well before taking the decision is certainly a very good result.
lantan81383628
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September 07, 2018, 09:09:32 AM
 #1135

Before investing in an ICO, you need to consider a number of factors, team members and their experience, supply, ICO price, and so on. In my opinion, interaction with the community is also important.
DangerETH
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September 07, 2018, 09:27:37 AM
 #1136

I am very cautious about the new altcoins, how many projects are working before the first pamp and investors are leaving the project together with the developers after making a profit.
Siakol
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September 07, 2018, 09:56:24 AM
 #1137

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

I usually try to do a fairly detailed research before investing in such projects because the market is in a very bad situation and these projects are often used for bad purposes. For that reason, it is my first requirement to investigate detailed information about the project before investing in such projects. Website design has become an easy and inexpensive process today, so it is easy to do something, so I do not just evaluate the project by looking at the website design. When I do research, my most important point is the project team, which is already a good enough factor to determine the success of the project. On the other hand, I look at project technology and other details about the project targets through different sources, and I make investment decisions based on these results. One fact is that projects that have a successful team always win. Projects created with new and inexperienced people or people who have become miserable in this sector are heavily successful. For that reason, instead of just looking at the website, I look at all the details and then I make an investment decision.
I also do researching since it will minimize the risk in investing on a certain alts and ICO, results of some investors of a certain alts will determine the strategy that I will be using in participating in the sale and investing on the project , Some alts can be trusted, some are not, so  better come up with better decision making before investing on some economic resources.
automatikal
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September 07, 2018, 03:03:17 PM
 #1138

We always understand their work and the potential of a new coin from development and project team relationship.
Dmcuibap
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September 07, 2018, 03:07:08 PM
 #1139

I wont trust any NEW ALTcoin right now. The market so crazy even your are 2nd Crypto currencies in this WORLD, ethreum blokchain i mean. So disapointed about ethereum  Cry
gwaposakon
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September 07, 2018, 03:16:37 PM
 #1140

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

There are elements that I look for before I truly invest in a crypto project. First is the platform if it is truly practical and feasible. Along with this are the whitepaper and functional website that explains details about the technicalities of the project. Second is the team behind the project. Teams that are expert on the specific technology-related to the projects and would be able to drive the project long-term. Lastly is the community support of the project. The community truly is the one giving value to the coins. So it is important that the project is really accepted by the community.
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