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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
jaja colleen
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January 01, 2018, 02:07:21 PM
 #321

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
When i trust a new altcoin, i will try to understand its details, strengths and weaknesses, then invest the correct amount of money into it and wait until the price to the point where I accept and sell it.

That is the most important thing so that you will get trust in a altcoin you need to read there whitepaper roadmap and successfull project,make research choose the trusted project because that is very important so that you will know there background and you need to have a lot of experience and ideas because many scammers in the surroundings,if you want to make a investment choose the good project and have a potential in the market.

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January 01, 2018, 02:19:07 PM
 #322

I never invest in a coin that has recently arisen. I try to observe the project for a while and how the coin is accepted by the market. If the coin becomes popular, then I also invest in it

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January 01, 2018, 03:00:32 PM
 #323


in my opinion, Altcoin could be an alternative for us. because the goal is made Altcoin is to cover the weakness of bitcoin.
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January 01, 2018, 03:16:14 PM
 #324

The dev team and its capability of supporting when need be is important to gain trust in any ICO.
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January 01, 2018, 03:18:54 PM
 #325

The team. How manager asking for question, how they execute airdrop terms. How they give last news. Is coin really can solve problems? If not it's not mine

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January 01, 2018, 03:22:57 PM
 #326

White papers, technical routes, code updates, marketing capabilities, that's about it.

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January 01, 2018, 03:26:07 PM
 #327

I basically about their project if find it really interesting and makes an analysis and see if it will go to trend because in order for a company to survive in the business world you need to keep up with the trend then after that I'll do a little background checked regarding the developer of the project to see if their a reasonable and don't have a unblemished record.

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January 01, 2018, 03:48:23 PM
 #328

Cheap price of new alt coin and its potential to grow High are  the reasons that makes me to trust on new alt coins

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January 01, 2018, 03:50:04 PM
 #329

If the altcoin has good product,team developers,roadmap,investors, these are my qualifications..

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batang_bitcoin
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January 01, 2018, 11:52:08 PM
 #330

In beginning ,we make trust a new altcoin by its  concepts reading and its fundamental.
That's only in the start but there are projects that are working good at the beginning but during their mid phase of run they are starting to act weird. There are promises that's indicated on their road map that aren't followed and that makes them not worthy to be trusted. I'm not generalizing but there are altcoins that are acting this way so for me, I'm into it's concept and as well as it's transparency together with their team.

So true because there are some that are just good when it started but in the end they'll just leave you hang in the air. Having a solid team is a must for me because they're the one who really act first and being a front liner in this business is something to look for.

Those projects doesn't have strong foundation and probably they came from another project that they recently abandoned. This is what's on my mind that after some success ICO and the crowd sale reached their soft cap, they are now planning to do the same thing with other name of coins and new road map. There are existing services now on the services board of this forum about altcoin creation so you must be vigilant if you want to invest.

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January 11, 2018, 07:57:37 AM
 #331

At first Technically check of any coin with youtube , google or social media . Know the original developer, they have much support since the announcement and think about the coin . But the acceptability of Bitcoin is more than any coin to me . I think Bitcoin is the most profitable currency at the moment .
As much as social media is good, I always take LinkedIn seriously because I believe at this day and age, I believe that every professional should know that building a professional LinkedIn page with some good endorsements from people within the same field would help. If I do not really see that, I would rather wait for the coin to get listed and buy at a very low value than trying to gamble it.

I recently bumped into a project and saw some team with a newly built profile on LinkedIn and I really thought in my mind who they were trying to deceive, so one must really take all these things into consideration as much as the project idea.
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January 11, 2018, 08:00:55 AM
 #332

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


there are some lessons you should know for the experience. the issue of trust is on your judgment, and essentially you have investigated, analyzed and read all that the altcoin has. so it's all about making judgments and decisions.

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Bosmuda
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January 11, 2018, 08:01:02 AM
 #333

actually quite hard to believe in the new altcoin. better to invest it and choose another altcoin to invest that already clearer results. the new coin is from the feared could not overtake another coin and instead will be more down than the price initially.
Tilbrook007
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January 11, 2018, 08:07:14 AM
 #334

A new altcoin is very hard to trust. If it is FREE ICO like www.fluidledger.com you can trust it.
There are many bad people out there trying to rip off people!
This is my opinion!
Dagfin
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January 11, 2018, 08:08:17 AM
 #335

The team, for sure! Also if the technical side of the project is explained well.
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January 11, 2018, 08:23:25 AM
 #336

First is a team. They should have a good experience and real linkedin profile. I don't trust developers hidden by privacy nicknames. Coins need to be secure by itself, even if developers are exposed. No back doors, secure for everyone. And the product, of course, at least MVP. It needs to be unique or real improvement over something.

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January 28, 2018, 05:46:37 PM
 #337

as notice with the message on moderation with the access to the whitepaper as lists of previleged investors, the use to distinguished chance on entrance as might to collects with the details of supports of information as might to put of sums with the unit of attachment to returns with following entrance as appealing excess on terms as attaining field of works with the manage of plan.

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January 29, 2018, 03:33:13 PM
 #338

It should be a realistic project - that it can really be used in some other ways other than trading in exchanges. as much as possible, I like a new concept but if it's just same nature with an existing project, I should then consider how the team works. They should follow on time what is stated in their roadmap. DIMCoIN is one of my example of a successful ICo that I can trust till the end.
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February 28, 2018, 06:33:35 PM
 #339

There are things I/we need to consider first in order for us to trust a new altcoin but first want to let you know that even though you've met this requirements there's no guarantee that the new altcoin is trustworthy because some of the altcoins that is trustworthy becomes scam at the end so the things is that you really need to face a high risk whenever you're going to invest in altcoin, so keep that in mind. So here are the things I/we consider for us to trust a new altcoin.

1. Background of the team (If the team didn't give info about themselves then it's a little bit shady, but it doesn't mean that it is a scam... but there's a high chance that it is a scam)
2. Professionalism of their works such as, their official website, ann thread, social media accounts, etc.
3. Read their whitepaper and look if it's gonna happen or is it a good concept or just a promising words.
4. Check the roadmap if and other technical details
5. Do your own research.
6. Find an active and thriving community.
7. Look for special proof and validation.
8. Trust your guts.

So here are the things I consider before I trust the altcoin but it doesn't mean that it's 100% legit and trustworthy. Check this links to avoid ICO scams and how to avoid it.
https://www.entrepreneur.com/article/306563
https://www.cryptocompare.com/coins/guides/how-to-avoid-scam-icos/
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February 28, 2018, 06:38:59 PM
 #340

Reading their whitepaper and roadmap if the new altcoin is very promising project. The you can research who's behind to that project. If you are satisfied lastly you do is to invest now.
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