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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
tenakha
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October 09, 2017, 05:21:02 PM
 #21

Transparency, active team in the community. Possibly one of the most important stuff.

To be honest first thing i am looking for is team members on new projects.If they have related experience in this field imo they will be able to handle project.Second thing is measuring risky investment on my portfolio. If i prefer to risk i ignore my first rule.
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October 09, 2017, 10:02:55 PM
 #22

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

What makes me trust another  to another altcoin is my instict.yes my instinct coz i know when i enter this  bitcoin all things happen and i wanna take the risk.even my money will pump or dumb thats the nature of business just take the risk.

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October 09, 2017, 10:08:41 PM
 #23

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

Always check who is behind the project, if there is people with a good portfolio with successfully projects behind that's a good sign about the coin I'd rather myself to not invest til the coin really make themself stable because you may incurr in a high lose investing without real knownledge.
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October 09, 2017, 10:11:01 PM
 #24

It needs a lot of things to be trustable for the whole community, their communication with the investors is so important, and their project needs to be fully transparent, otherwise nobody will trust in them. And most ico's are showing not-ended ideas, and this makes them a little bit more weird, and most of them doesnt have success.
And also the advertising, if you are not paying good amount of money for advertising, then it means that your project doesnt even have one thousand dollars to invest.

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October 10, 2017, 04:08:23 AM
 #25

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

Always check who is behind the project, if there is people with a good portfolio with successfully projects behind that's a good sign about the coin I'd rather myself to not invest til the coin really make themself stable because you may incurr in a high lose investing without real knownledge.

yes right me too im always looking for the people behind that project research on the members for some that have experience here not also a experience but for some they experience to be successful so i always look who is behind this project.

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October 18, 2017, 02:33:48 PM
 #26

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I do not really believe in new altcoin. It may take a long time for it to rise to profit. I made a mistake that I had committed before. I bought an altcoin. and one year later its price increased. My money has been frozen for a year
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October 18, 2017, 03:39:35 PM
 #27

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I do not really believe in new altcoin. It may take a long time for it to rise to profit. I made a mistake that I had committed before. I bought an altcoin. and one year later its price increased. My money has been frozen for a year

It really does take a lot of time for some coins to increase. Some even while trying to increase within the year always still end up experiencing some difficulties along the line and gets dumped just like what we are having now due to the upcoming fork. Now, I am always thinking of dumping any new coin as quick as possible anyway, knowing that there is a huge possibility of having them dumped and possible for you to buy more with the profit.
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October 18, 2017, 03:45:19 PM
 #28

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

On ethereum? I have been visited on meeting, they make me sure its not scam.

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October 18, 2017, 03:47:54 PM
 #29

Transparency, active team in the community. Possibly one of the most important stuff.

To be honest first thing i am looking for is team members on new projects.If they have related experience in this field imo they will be able to handle project.Second thing is measuring risky investment on my portfolio. If i prefer to risk i ignore my first rule.

reading the white paper and the whole info of this project truly helps me and yes your right for who are the participators of this project i do research of it because trusting coin without any information about with out knowing is a way of that you are wasting your time.

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CoinsCoinsEverywhere
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October 18, 2017, 04:19:04 PM
 #30

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I don't.  I would consider any money that I would throw at a new alt coin to be a super high, purely speculative investment.  I would plan up front on losing all of it.  That doesn't mean that it's not worth doing for a coin that at least has some people with good reputations working on it since, of course, the high risk also comes with the potential for extremely high rewards.
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October 18, 2017, 04:27:25 PM
 #31

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

I am giving you a statement for ICO-related things:
Initially, we should quit being lazy in our life and take a brief look in the whitepaper of the project if we are interested in knowing more, because nothing's better than a whitepaper to make you understand everything about the project. Then, look for and try to verify the legitimacy of the developers and team of the project that's involved in order to know if they will surely deliver or are out to scam? Last but not least, check if they have a hard cap set or not. Because most projects don't set limits and ask for unlimited* amounts which could result in it being a scam later on.

* - Unlimited means that you are allowed to invest any amounts and the ICO doesn't end till the date proposed. Many ICOs have a hard cap set which makes them look more trustworthy.
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October 18, 2017, 04:58:34 PM
 #32

Before I decide to invest in an altcoin, I will definitely learn about it. To determine if the altcoin is worth investing, I will first study the project, see its development path, and all the transparency and clarity that will make it more appealing to me. A good technology background with a purse for the altcoin is as good. Followed by the development team, they should not have any negative signs, the experienced and the prestige will occupy the advantage. Also I usually visit coinmarketcap to see the development of altcoin that I am interested in
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October 18, 2017, 04:59:40 PM
 #33

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Well let's just say that one's own experience and instinct will help a person to figure out a potential coin and a scam coin. Everyone makes a mistake in life one way or the other, you just tend to learn from your own mistake and sometimes you learn from others mistakes. My suggestion to you would be that do your own research and trust nobody and last but not least believe in yourself.


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traderperspective
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October 18, 2017, 05:03:39 PM
 #34

A solid use case and that the founders are clearly visible. If they have some good backers this can be a good sign.
Another thing that I often look for is a White Paper, while this shows that the founders have actually spend time figuring out (in the best cases) technical details of the product.
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October 18, 2017, 05:10:44 PM
 #35

I have to believe in the project and people behind it.  I need to have the time to keep an eye on them everyday because most of them go up and down a lot. 

Specifically:
Marketing - Do they present it well
The Team - People - Developers
White Paper
Website
If they are actively answering questions on this forum

Good luck
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October 18, 2017, 07:27:55 PM
 #36

I have to believe in the project and people behind it.  I need to have the time to keep an eye on them everyday because most of them go up and down a lot. 

Specifically:
Marketing - Do they present it well
The Team - People - Developers
White Paper
Website
If they are actively answering questions on this forum

Good luck

I absolutely agree with you. There is one way to trust a new altcoin is that look their team and benefit of the project. You should read and find in Google about their team informations such as diplopma, experience, successful projects,... when you feel ok, you invest in it.

 
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October 19, 2017, 02:16:32 AM
 #37

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I don't.  I would consider any money that I would throw at a new alt coin to be a super high, purely speculative investment.  I would plan up front on losing all of it.  That doesn't mean that it's not worth doing for a coin that at least has some people with good reputations working on it since, of course, the high risk also comes with the potential for extremely high rewards.
Why not to trust the bitcoin is increasing more and more and the importance of the bitcoin will be more than this I like the bitcoin and the growth of the bitcoin will help you to increase the money and the value of the money. I believe that when something new get into the market the value of the thing start increasing because more people start buying it and trying to get in to it as soon as possible.
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October 19, 2017, 03:27:38 AM
 #38

My trust in a new altcoins depends on the platform they have announced. Transparent and detective all they have shown and have a good future. That is why if you are going to enter this industry you will be cautious and will not come to mind without thinking about it.
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October 19, 2017, 03:44:11 AM
 #39

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

actually i am not too trust with a new altcoin because trust needed to be build and not just because of we know their project so we are easily giving our trust to that coins. i am use the coins if i know i can take benefit from the coins and from day by day, if i can take more benefit from the coins, then soon i will trust with the coins and finally i have a big hope with that coins. but if somehow in the middle of time, i know that something bad will come and i can take the benefit again from the coins because there is no good movement, then i will leave the coins forever until there is any good progress from the owners.

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October 19, 2017, 04:11:06 AM
 #40

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

actually i am not too trust with a new altcoin because trust needed to be build and not just because of we know their project so we are easily giving our trust to that coins. i am use the coins if i know i can take benefit from the coins and from day by day, if i can take more benefit from the coins, then soon i will trust with the coins and finally i have a big hope with that coins. but if somehow in the middle of time, i know that something bad will come and i can take the benefit again from the coins because there is no good movement, then i will leave the coins forever until there is any good progress from the owners.
unlike Bitcoin, the new Bitcoin fluctuates very much in price. Therefore, if a person earns a difference in price at a crypto exchange, then for him This is a good chance to earn. But if it invests for good growth, then it's not very encouraging.
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