what makes you trust a new altcoin?

[a23sd12122121]

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.

[danchozind999]

First I try to inderstand if the coin has some comparative advances, and the important thing for me is an ability to be implemented easily and usefully into real life.
We dom't need to mulpiply even successful projects, that can't bring much

[leslie4u]

Altcoin investment can be daunting but then the things that I look for before investing are-

- Total Supply
- Algo/Technology
- What's new the coin brings to the table
- Is there any real-life usage or this is designed only for trading
- The team behind the scenes
- Roadmap

These are just a few examples that I consider before investing in a new coin. Of course, there is a risk because even after reading all the stuff you can, you cannot be 100% sure that this will work out. So the key here is you should know when you get in and when to exit. If things work well, after you get your capital back, you can continue to buy and sell to make profits.

Have a nice day.

[Driggers95]

Many new coins are Scammer

My own test is if is not hacked after 1 years and big sites /wallet use it

Agree with you that the majority of the altcoin is a scam. Since the beginning of 2018, I have found that many ICO projects are being advertised but only 2-3 projects are successful. but when listed on exchanges the price of these coins is always reduced

[brownaxe20]

To be honest it is really hard to put trust on a new coin. But for a person to really gain confidence on his investments a good consideration would be, the team, their product or service and the rating people give to them while on ICO rating. Maybe those things really give some important details of why we need to trust the company ICO.

[onesalt]

The project itself is very important. However, even if it is the most attractive project in this cryptoworld, if team is not so strong, I would not invest that coin. Also, the community is very important. If there are supporters like the fans of the coin, it will most likely to grow.

[Lock00Live]

I used to believe in the new code, because at the end of 2017 the price of coins continued to rise. So I believe them, but now the price of the altcoin is almost falling so I did not believe in them as before.

[Yunbalo]

It's the quality of the project, the development team and the roadmap, these are the three factors I always check before making the decision to choose any penny. So I think the only three that are transparent are good projects.

[a23sd12122121]

It's depend on their team and their target. If their team is good and have transparan with that, and their target is absolute and make solution for new coin, my be I will trust it. But if their work is not good enought, I will see for other coin and choice for not investing.

[Jamesdila1]

tech behind that coin, team members and their past experience, partnerships with companies, marketing and connections with international news websites . also upcoming exchange listings also important.

[DragonCoinZ]

They are some factors which i checked first on new altcoins. First I will look at the project and do my research very careful, for exemple I will read the whitepaper to see their vision and also check for any spelling errors to see if they are really serious or not. Then I will go to their telegram page and talk to the team and also to other investors. And if I feel comfortable enough then I will invest in it. And when the price goes up I will sell, I am not going to hold forever.

[bulantoy12345]

I think the most important aspect is the team and developers. If they are experienced and mature when it comes to their job in supporting and maintaining the project then i will be more comfortable with investing in the ICO.

Yes it is, i always look first the team that are handling the project. If they are expert and well known then i find interest at the project. Then if the project is good, interesting and useful no doubt i will invest those new altcoins.

[loyseu]

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

I look for their potential to do a good job by looking if many people are also using their coin because by that you can tell that they are credible and liable to give you a profit and it is a sign that their are true and reliable. Also I look for the teams that made that coin whether they are true person or not

[FoBoT]

Even before planning on investing, I do a lot of research about the coin at question. First thing being searching up the developers and CEO on LinkedIn or other social medias and confirming that they're the actual people behind the project. Then comes the part where I go through the whitepaper and set a potential gauge for the coin depending upon which the size of my investment lies. 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.
These are just some basic factors I believe everyone should go through and research before 'trusting' any altcoin in the market.

I agree with you that this research should be done before invest in coin. You should check the manager and his history and also the community on the social media platforms. You should be very patient when carrying out this research for you to be sure it is a good coin to invest in.

[manjit123]

Off base when another coin is new in the market there will be a lot of enthusiasm for it so take a gander at the outlines when they began it went soar yet like 2 months or so it went stable in low.

[Westinhome]

Im gonna trust with the new altcoin if the team behind this are more on experience to explore around the world about their project and make many advertisement so that the investors and people in the community will adopt this altcoin. And also their developer have i high experience to improve their project.

[rufus59]

If the concept is new and great; also if they have someone on there team that has good credibility. I would be willing to join the project

[torch2121]

I trust a new altcoin is when it is near to reality to digital world. A difference that it will make, like an opportunity to earn compare to our traditional when we are using internet. A social media that gives us earning as we use their website.

[_Flynn_]

There are many factors, in my point of view, the main factor is team and their experience, without it the project will be dead anyway

[inding]

I don't trust any new Altcoin easily. I usually look directly at the exchange for coins that are already on the market and have a higher market value. Then I look at every kind of coin I like. I like to think of these encryptions as simply Think like stocks. I like the K line. I also make my judgment by observing the changes in the K line. I like pure trading technology, so I don't usually pay attention to the project