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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
Ilegendph
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October 21, 2017, 04:43:51 AM
 #61

I trust an altcoin if it has the quality that I am looking for like great functionality, good team, good track record etc. I do some research on the new altcoin, read their whitepapers if what they are claiming is realistic and analyze the future value of altcoin or if the answer to the question "Will this coin have a good niche?" then I probably invest to that altcoin if I have the funds needed.

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October 21, 2017, 05:31:54 AM
 #62

will look the project whitepaper, logic or not. maybe not called trust but worth to try, and once i get profit i will take it and change to another project that will give me profit

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gribble
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October 21, 2017, 05:41:05 AM
 #63

You need to know about the project. It is important to understand and investigate it.
Of course, what is most important is how popular it is.
Yes we must learn more about the projects of new altcoins usually i learned more in the ICOs projects, before i made investment into them, the projects must have real benefits in the future and it needs analysis fundamental about the new altcoins, the most i love from new altcoins ( ICOs projects) they can give big chance to getting more profit just by a little money, it is fair investment the bagholders and the people who doesn't have much money can get same chance.
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October 21, 2017, 09:40:27 AM
 #64

For me it's just team behind it and marketing strategies that they have applied. Now a days project ideas are all same throughout the different projects so don't really look after them. Whatever it is it's all about team now. That's because of trust that we can put in those projects. Secondly it's about marketing, why? Because the more money these guys put into their publicity the more chances of having that ICO gone into minds of crypto community. This brings up more success later. That's all I see.


 
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noel2123
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October 21, 2017, 09:51:18 AM
 #65

For me it's just team behind it and marketing strategies that they have applied. Now a days project ideas are all same throughout the different projects so don't really look after them. Whatever it is it's all about team now. That's because of trust that we can put in those projects. Secondly it's about marketing, why? Because the more money these guys put into their publicity the more chances of having that ICO gone into minds of crypto community. This brings up more success later. That's all I see.


I agree , If you could observe most of the legit new altcoins/tokens have this extensive marketing strategy they really spent a lot of money  for it , I think those people who are taking risk and investing on marketing like posting it up on services section for their services to be known is a good start to know if it was trustworthy or not
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October 21, 2017, 10:01:26 AM
 #66

Trusting the new altcoin doesn't just believe it easily, of course we have to really know the origins of that coin (created), whether it can have a potential price that will competing in the market well or not. If so, and already many investors are interested with that new altcoin, surely it can make us can believe on that new altcoin.
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October 21, 2017, 10:25:46 AM
 #67

I read their whole project and why they have made the new coin. If there is a valid reason for creating such coin only 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, where they are from, 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.
i agree
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October 21, 2017, 11:00:03 AM
 #68

what you are talking about is altcoin result from ICO? if yes, I only believe in some altcoin only, and that too by looking at their vision and mission. Some of the advantages I often get when new altcoins come in on the exchange, the price will mostly go down before then go up again. there's my chance to take advantage.
usually most altcoins these days from ICOs, no matter how good the project is still always experience some dumps at some point which is always the best time I always feel it is even good to buy, even though it might not be as less as the ICO price.

A coin with a good support will always soar, unfortunately though, most investors are just looking for an outright profit from ICOs than a long term investment in the peoject.
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October 21, 2017, 11:09:21 AM
 #69

Along with bitcoin I've invested into altcoins and has got benefited from the same. This has given the trust over altcoins even when several ico projects go as a scam. Also most of the coins that have been growing potentially were new altcoin once. So upon the market circulation things vary, same is the growth of bitcoin.
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October 21, 2017, 11:47:22 AM
 #70

I personally invest in an altcoin which I have knowledge with the project they are doing. Im an engineer and make some good investment in a real state and building construction related altcoin. The most important thing to consider in an altcoin is the project and the team who develops the project. Altcoin has a good future if it will catched the majority and has realistic concept.
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October 21, 2017, 11:56:06 AM
 #71

Mostly i am more interested in roadmaps, whitepapers and real use case scenario. Some of the new coins are more of hype and massive marketing without even working platform.
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October 21, 2017, 02:27:01 PM
 #72

You can read whitepaper and view roadmap new coins, but now news coin can't get to market. i think you should hold btc, and buy some good altcoin, top 10 in marketcap

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October 21, 2017, 02:27:51 PM
 #73

Every new altcoin released is accompanied by a development project and that's what I can trust in that altcoin. When deciding to invest in a new altcoin, it is important to look closely at the development project, you have to predict whether such projects can attract investment and can develope or not. That helps you choose the right altcoin to invest.
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October 21, 2017, 02:59:30 PM
 #74

what makes me trust an altcoin is team and developers, I always check the portfolios of the team member and see how the code quality in their GitHub repository because they are the backbone of the altcoin, then the community, how's the community in the project, does it a lot, does it supportive and etc, and last is marketing how's the marketing effort of team, how does the bounty quality, last is good and achievable roadmap
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October 21, 2017, 03:43:53 PM
 #75

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I have many basis to trust, i admit i judge some ico because of its new and i think it won't that much needed before, but now i'm learning and i use to trust the projects base on what is their aims in the future more than on its short term goals especially with the team background if they are trusted.

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October 21, 2017, 07:37:28 PM
 #76

what you are talking about is altcoin result from ICO? if yes, I only believe in some altcoin only, and that too by looking at their vision and mission. Some of the advantages I often get when new altcoins come in on the exchange, the price will mostly go down before then go up again. there's my chance to take advantage.
usually most altcoins these days from ICOs, no matter how good the project is still always experience some dumps at some point which is always the best time I always feel it is even good to buy, even though it might not be as less as the ICO price.

A coin with a good support will always soar, unfortunately though, most investors are just looking for an outright profit from ICOs than a long term investment in the peoject.
It is because of the reason that long term investment demands too much of patience and it is most tiring process as it takes a lot of time before some money comes in your pocket. Introduction of some new altcoin in the world of crypto currency can bring lot of good things for the investors and believers of crypto currency. It will only make its good name if it managed to develop the relationship of trust amongst the peoples.
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October 22, 2017, 08:29:21 AM
 #77

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I read their entire task and why they have made the new coin. On the off chance that there is a legitimate purpose behind making such coin at exactly that point I continue assist since I realize that if the coin doesn't have any motivation to be made then it won't stick around for additional time. At that point comes the exploration about the organization, where they are from, the designers, their capacities and identities and so on.
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October 22, 2017, 09:57:49 AM
 #78

Always look at their white paper and road map if it's timely and realistic.
If the ICO had already have a product then it's also a plus. It's hard to trust new coins these days so the only you can trust now is your sub conscious mind that tells whether you you'll go or not.

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October 22, 2017, 10:12:30 AM
Last edit: October 22, 2017, 01:08:50 PM by eann014
 #79

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
If there is a new altcoin created by a company page, we should need to understand the details why they are created. If you think that the reason is reasonable then maybe that should be trusted, sometime I go to etherdelta to know if that coin is already there or does it have already a value.
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October 22, 2017, 11:54:30 AM
 #80

Since bitcoin is gaining popularity, so many developer are come with unique and good idea. They just to make better coin but most of their investor are lost and leave the coin after take profit from pump.

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