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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
titusha
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March 04, 2018, 03:46:33 PM
 #361

A lot of factors affect the credibility of the coin. I always look at the project, the capitalization, the team, the quality of the project, the price of course. Although not all coins are easy to get all the information. At least you can read the news and find out on which exchanges the coin is traded.
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coolws
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March 06, 2018, 04:46:43 PM
 #362

First of all, I usually read the team members to check if they are trusted. Then I would read the whitepaper and roadmap to find something interesting and new features to beat any other projects. Finally, I would take bounty. When I make decisions to buy it, it usually already been listed in coinmarketcap.com with large volume.

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mlkvch
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March 06, 2018, 04:51:19 PM
 #363

A powerful, workable and practical idea, an experienced team, detailed whitepaper, good marketing efforts, good media coverage, strong community, and low market cap.
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March 06, 2018, 04:55:59 PM
 #364

The project has to actually look like it is needed (solves a problem) and the goals on the roadmap actually look obtainable in the provided time frame. I look to make sure the team isn't like "we need 18 months to create this mobile and web app and 100,000 BTC to do it." lol I also look to make sure the team looks legit and skilled and the project looks valuable.

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illymoka
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March 06, 2018, 05:01:30 PM
 #365

I'm looking for the usefulness of the product that will be needed in the future. If the company already has a prototype and it can be tested, then it's fine, the project is true.
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March 06, 2018, 05:22:26 PM
 #366

I trust new altcoin because there is a posibility that the value of new coins will increase. If many people will have positive feedback about it then it will become famous to other in that case many traders and investor will used this coin for there transaction. But for others the only way to figure out how they perform is through their social communities because it is everybody's strength.You must be careful on every coin you use in your transaction because everycoin has a risk.
snazir
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March 22, 2018, 07:59:40 AM
 #367

Its Project and Whitepaper if it is possible to make it in the Future and is Usable to Everyone Especially in the Society, whenever you are going into something New, You have to Interrogate and investigate the whole Case properly So That Nothing is hidden from you. Same is the case with altcoins, there are such projects with small Capitalization, I Always go through all of them to be completely sure which one is the Best,;
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March 22, 2018, 08:10:44 AM
 #368

This is a very difficult question and there is no simple answer to it. After all, if you think about trusting a new coin, it's hard to deserve it right away, or the developers should be well-known personalities, or the project should be so important that it should do it in the project. And so, I think there is no exact recipe for trust, it is a combination of signs.

Lyly Coline
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March 22, 2018, 08:15:59 AM
 #369

Even before planning on investing, I do a lot of research about the coin at question. Depending upon the uniqueness of the project, if at all there are similar projects, I always go through all of them to be completely sure which one is the best.  Smiley
Ponya
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March 22, 2018, 08:17:07 AM
 #370

crypto news and ratings
Seward
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March 22, 2018, 08:19:37 AM
 #371

I think, a new altcoin that is of great interest and large volum on the trading floor in a short time. And altcoin is present on many major exchanges that is what makes me believe in it. Smiley
Shanley
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March 22, 2018, 08:22:54 AM
 #372

well  Smiley i check out their webpage, see who is on the team, i look at the photos, whether they look professional or authentic. then i check out the project and see if it is possible and makes sense. then i check out their slack and ask some questions.
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March 22, 2018, 08:25:00 AM
 #373

I often 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.  Smiley Smiley
Alva12
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March 22, 2018, 08:27:27 AM
 #374

I seach comes the research about the company, where they are from,
the developers, their abilities and personalities etc...  Grin
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.
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March 22, 2018, 08:31:14 AM
 #375

It takes several steps of research before trusting a new altcoin. First I consider if its relevant to create a new coin and what they can bring to the market. Then I will choose a new altcoin if I like it. Roll Eyes Roll Eyes
Aubrey Wilson
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March 22, 2018, 08:33:08 AM
 #376

I read carefully the whitepaper to set a potential gauge for the coin. If there is an ICO, the results are a good indicator of the future success of the company. I also assess if the route map is realistic. I graduate my investment according to the results of the first stages of the project.
Maryshka91
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March 22, 2018, 08:33:18 AM
 #377

First of all, you need to trust the team and then the technology itself. Without the command, the project can never be implemented

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judy1409
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March 22, 2018, 08:36:51 AM
 #378

well  Undecided Undecided It is really a difficult thing to put your trust on something which is new to market. You can only trust some coin if he is having a good reputation in the market and you are sure enough that your money will not be lost.
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March 22, 2018, 08:38:38 AM
 #379

The value addition the coin brings to the market makes me trust it.reading through the project lay out gives you a closer look at the product the coin brings to the market. if the product will fill a certain empty gap then its worth investing in

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March 22, 2018, 08:38:46 AM
 #380

If I see any upcoming ICO and related altcoin then I will visit the announcement section and will check out the reviews of crypto enthusiast. You will see great deal of information over there to apply your own logics on how to get trust on particular altcoin. Smiley Smiley
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