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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
cryptotycoon33
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June 29, 2018, 02:22:39 PM
 #601

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

I trust new altcoins coming up if I see a strong and an experience team involved in the project, however the project concept must be very viable and  should have a target market.
ValorouS
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June 29, 2018, 02:49:06 PM
 #602

I often read the whitepaper to see the advantages of the new coin. I also pay attention to the team, an experienced team that will do everything well.
yeuskz999999
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June 30, 2018, 02:07:34 AM
 #603

What made me believe in the new altcoins? There may be innovations that new altcoins have. They built a project with an innovative and different from other altcoins. So they attract enthusiasm from the cryptocurrency user to buy or invest there. The purpose of a project is very important.
snguyenthu196
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June 30, 2018, 08:50:35 AM
 #604

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.
samuellim853
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June 30, 2018, 09:21:01 AM
 #605

Team members who've run successful businesses in the past mostly, I don't trust any of them fully though.
Amafunkiest
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June 30, 2018, 11:53:16 AM
 #606

The market is trust itself, you don't have to trust all coins before you invest in them, that is why you lose some and win some, as soon as u get a new coin, read about them their projects and try to grow the coin to see if there is any future for it. Some grow slowly  others hit the market at a rapid rate.
fivefingers
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June 30, 2018, 11:56:29 AM
 #607

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

What makes me trust a new alt coin is first the market value of the coin. Next is the reviews from all the people around, all the comments. The next is the whitepaper, checking all the information and the team working on it.
jagaban
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June 30, 2018, 12:31:04 PM
 #608

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

Previously, I looked at hype and community of an altcoin. But these days, I look at what incentives will follow holders of that coin before I trust it. It is also good to do background checks on the team behind the coin development

yeuskz999999
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July 01, 2018, 04:34:51 AM
 #609

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.
maoasd99z99
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July 01, 2018, 02:39:28 PM
 #610

I need community engagement. All active on their social media. Answering questions about the project. Since mass adoption is the only way this will work, it's imperative that we continue to discuss it publicly. What's cyrpto without community support?
Kettle255
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July 01, 2018, 02:49:34 PM
 #611

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.
tuannguyenn110
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July 02, 2018, 10:45:13 AM
 #612

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.
amitkumratra
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July 02, 2018, 03:07:28 PM
 #613

When new Altcoin comes, i see, concept of project is strong or not, then the roadmap of project, the development team behind the project have lots of experience or not, community plays very important role in any project and the price of coin or token.
I think if any project has these qualities then project is valuable and in near future it will definitely grows.
jfederkins
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July 03, 2018, 06:05:41 AM
 #614

If its characteristics in description  make me sure that I can rely on it, I’ll rely. But it’s important to check this information for few times.
thuthi7
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July 03, 2018, 09:11:34 AM
 #615

Good team, good project, good whitepaper, clear future plans, transparency. All these things need to be gathered to make me to trust the project. Now the project which I am following is Ambit Mining, it has all features of good ICO and I trust its team very much.
badiako88
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July 03, 2018, 09:29:38 AM
 #616

Potentials, The hype from the community, the project behind the team and the project itself. That's are the qualifications that I am looking for a project to succeed. There nothing really can say which or what project could really stand out but by looking by the behind the project and it potentials you can say that the project has what it takes to be successfull in the future.
vaclavpavlecka
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July 03, 2018, 09:34:04 AM
 #617

People tend to favor investing in new altcos, especially altoin from ICO projects, as it will be easy to attract whales and potential investors to develop that altcoin and be sure will last for 1 year. Personally new alts will get more attraction and can be very bullish within a few hours and you can actually earn alot by buying that alt in it's ICO but mostly you hold it not sell it in the very beginning. That's what I'm looking for on the Altcoin company page  Grin Grin
monacous
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July 03, 2018, 09:46:51 AM
 #618

I can only trust of a new altcoin its depend on back graound of the team, great advisor, and what the purpose that creat that coin.
gempil
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July 03, 2018, 09:53:55 AM
 #619

That made me believe in the new altcoin that the background of the altcoin comes from. I will believe in altcoin who was born of ICO who is successful in doing his job, has a team that can be relied upon to continue to develop technology from altcoin, and can apply the visions of ICO that has been made. With the achievement of a vision that fits the target, and has a passion in running its ICO, then I am sure, altcoin that has been born can be altcoin with high-quality prices and can survive in the future into a valuable coin.
criss ronaldo
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July 03, 2018, 10:06:45 AM
 #620

we have to study a lot of things, including studying white paper, checking the team members profiles, studying about their road map and vision ..etc. If everything is fine, trust about the coin increase.  But even after studying there is a chance to got into the trap.
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