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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
DumbLefty
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June 07, 2018, 12:51:44 PM
 #481

To be honest, I hardly trust the new altcoins. I believe if we invest only in proven and worthy projects which have the largest capitalization.

smoker36
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June 10, 2018, 11:32:50 AM
 #482

First of all, I carefully study the project documentation. There must be clear, understandable and honest documents, with promising technology and a good team of developers.
GreatOrchid
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June 10, 2018, 11:39:00 AM
 #483

A lot of things, you really need to take in consideration a lot of things before investing beause there are a lot of scams in crypto and specially on ICOs right now, the most important part is their social media for me
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June 10, 2018, 11:39:26 AM
 #484

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
some things that I will notice from the new altcoin in launch are the concept and also the field of projects that are being developed also a team of developers who have experience in the management of the field of crypto. and of course it is to be part of the research that must be done before we do the investment activities of a new type of altcoin that will be developed.

 
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Weirdwas
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June 10, 2018, 11:46:51 AM
 #485

Everything looks trustworthy when it's new. I normally wait it out to see how fast people get bored of it but if that doesn't happen and the value continues increasing or it stabilises at a high value then it's usually legit. I prefer not to invest in anything new because there's way too many new currencies and I hardly see any of them make it long term.
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June 10, 2018, 11:55:31 AM
 #486

To find a good coin below $ 1 you must:
1. Evaluate the coin developers - it's great if the team has people known in the crypto world;
2. Monitor the dynamics on the stock charts - the main indicators are the price and volume charts.
3. Follow the popularity of coins on forums and crypto-currency sites.
I hope this helps you!
Not a matter of trusting and buying new coins. there are lots of potential coins you can buy. You're right the first time you might be able to see the formation of their developer team members. that will make you believe whether their members are reliable in crypto or not. how popular their coin and active they are in forums and so on
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June 10, 2018, 11:55:35 AM
 #487

I look at the concept of the project and collect information about the developers, if the project is strong, then undoubtedly it will develop and the cost of the token will grow
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June 10, 2018, 12:03:11 PM
 #488

I trust an Altcoin base on past experience and success story of the team in the cryptospace and also how realistic the vision with the problem they are out to solve stated in there white paper.
100kk
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June 10, 2018, 12:12:52 PM
 #489

First of all, I look at the product that the team is planning to creat (Is it possible to create it? Is it promising?). If I like idea, then I look at the people who will implement it (Are they professionals? What background do they have?). These are the two main factors that make me believe or not believe in the ICO project.
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June 10, 2018, 07:06:56 PM
 #490

Always pay special attention to the development team, team members - the cadres decide everything. Then I get acquainted with the road map, documents, I try to evaluate the project's utility for the society and its prospects.
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June 10, 2018, 07:13:38 PM
 #491

Quite a complex and multifaceted question. Therefore, it is not easy to give an unambiguous answer to it. In any case, you have to invest your money and time in a specific coin, so pay careful attention to the evaluation.
oceantiger
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June 10, 2018, 07:20:28 PM
 #492

I will trust a new coin that has a project that it will realized after the crowdfund. I will also check the total volume of the coin, and the volume in circulation also will determine how far the coin can go. If the total volume of the coins is in millions and the volume in circulation is about half of the total volume then
The coin will do well. 
tresbien21
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June 10, 2018, 07:21:53 PM
 #493

What makes me trust altcoins is the number of the team behind the project,you can check them first to see if they are real or fake.The second I  think is the company address, I also check if the address is legit and  finally I check the project .If all of the things are alright and  the project will be beneficial to many I can trust it.
Mr.Spreadthehamster
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June 10, 2018, 07:45:17 PM
 #494

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

I personally look at the idea first, if it is interesting, I am going to look at how it was realised website, how community active, etc.
Also I look at the ways of communication with the team, if the answer fast and clear, it is a good sign also.

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harbin55
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June 12, 2018, 03:27:47 PM
 #495

Trust is very hard to earn most especially is when it comes to investment because the money is a serious matter.
I think the good credibility and feedback from the past investors is the thing that makes me to trust new investment.
Rodeo02
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June 12, 2018, 03:38:26 PM
 #496

Trust is very hard to earn most especially is when it comes to investment because the money is a serious matter.
I think the good credibility and feedback from the past investors is the thing that makes me to trust new investment.
depends on the project i may not as good to know and to see the good project but we all have different way on how are we look for some project that are good and to make trust for.
antolinicio1
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June 12, 2018, 03:46:06 PM
 #497

I have the strategy of the choice of ICO to which I try to adhere when I choose the new project for investments. I look first of all on: command, whitepaper, the idea, partner agreements. Then I look for information on the project on the analytical websites and I read opinions of experts. Only after that I make the decision on investments.

Long Bitcoin , Short the Bankers
peterpan19z99
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June 14, 2018, 02:36:04 AM
 #498

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.
peterpan19z99
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June 14, 2018, 02:37:29 AM
 #499

I think its bandwagon, there is this person that earned a lot from this altcoin. I should try too. thats a good reason why people trust becuase there is someone who earned from it.
BurgerBar
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June 14, 2018, 02:38:32 AM
 #500

Its use-case, business model, and how strong the team is
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