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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
butrsukumpanumet
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July 03, 2018, 05:01:43 PM
 #621

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
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. etc
These are just some basic factors I believe everyone should go through and research before 'trusting' any altcoin in the market.
idioma1
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July 03, 2018, 05:26:29 PM
 #622

what can I say is that product is the most important part of the project for me. I do not invest in ICOs without a ready-made product and only with airy promises to do it in the future. So, in my opinion existing of the product increase the chances of the project to conduct sussesful ICO and prosper in the future
trrewqs
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July 03, 2018, 05:32:08 PM
 #623

It's not just what a new coin is, but what is behind this coin, the team and the idea. After this analysis, there is interest in the coin

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Mr.Pro
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July 04, 2018, 01:08:17 AM
 #624

Reading partnerships and their team members is what i first look to see if i will trust a new altcoin because if partnerships are made then it will less likely turn to a scam
jayco25
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July 04, 2018, 01:27:15 AM
 #625

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

I like new altcoins specially if they are active on social media and they have have weekly or biweekly report. I love also real Team not unanimous specially if the team has a good background and expert in financial aspect and blockchain.  It's good also that the team are always attending Conferences and Summit.

#Support Vanig
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July 04, 2018, 01:33:31 AM
 #626

Let me believe in a project, first of all it needs to be very hot, and the team is strong enough, so I will believe it.
Nidhi Bhatia
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July 04, 2018, 01:33:52 AM
 #627

I don't have any interest in new altcoins but i generally keep my eye on that because most of them have launched with hit the chart and after couple of month they gone down in the chart for forever else most of them are big scammers.

joshy23
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July 04, 2018, 01:37:18 AM
 #628

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
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. etc
These are just some basic factors I believe everyone should go through and research before 'trusting' any altcoin in the market.
I see this as the fundamentals when we start searching for new coins that we will going to invest, knowing the team behind is really important as they will be the pilot of the project, if we are dealing with real person they have liabilities about the project, then we needed also to know the possible usage of said project before placing our investment.
Pumapipa
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July 04, 2018, 01:47:08 AM
 #629

For me it is uniqueness of a project. Nowadays, ICO almkst have the same to offer just different name, so it is up to us to choose which of these can really stand out among the rest. The most common areas that I can see are exchanges, electricity, gaming and storage. Now if anything does appear that I have not mentioned, then that will be interesting to invest on. Smiley
enawati
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July 04, 2018, 01:58:44 AM
 #630

Make invest in new altcoin is promising higher profit than old coin, because the price still cheap and still undervalued but to make profit from it , we should be know and understanding what the benefit and what problem they want to solve.

maiden
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July 04, 2018, 02:09:40 AM
 #631

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


The developers of the ico and ofcourse their whitepaper. The team behind the project is very important, well if its from  well known developer, many people will trust their new launch coins in the market. K

florinda0602
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July 04, 2018, 02:13:14 AM
 #632

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.

I only trust the altcoin that I knew already, I do not easily trust any new coins that come out in the market, because there are many new coins that looks very interesting and very good but in the end it will end up only to be a scam.
vvfvcxl
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July 04, 2018, 02:16:13 AM
 #633

I will not buy the new altcoin, I will observe the market turnover first.
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July 04, 2018, 02:18:07 AM
 #634

New altcoins may not be having market but if they really have a good product or service it is for certain they will succeed  even when they are just a month old or so. It will be pumped as usual for the very first months then go on stable later. This is what I have commonly seen many times before getting stable and in a parallel pace with bitcoin's prices.
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July 04, 2018, 02:23:52 AM
 #635

First is if it is listed on a reputable exchange especially it is on Binance or at least in a popular exchange that has been operating in the last 2-3 years. Second is volume because if it is low then its plain to see that there's no much interest in it and it is slowly dying.
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July 04, 2018, 03:53:58 AM
 #636

I periodically read reviews of analysts on altcoins.  And if I see interesting technology, clarity in the work of the team, then such a project will interest me.  But if there is a lot of noise around such a project, then this can be alarming.  And you need to check whether artificially increase the popularity of altcoin.

Leezkie22
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July 04, 2018, 04:00:11 AM
 #637

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

 you have to look the quality standard of a altcoin before you invest it. But most of the altcoin has a trusted campany. Only you can look to is the potential growth in the future or the high price in the future so that your money will not be wasted.
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July 04, 2018, 04:06:47 AM
 #638

If the project lasts for a long time and the team is still doing things in a bear market, then I will choose to believe it and hold it for a long time. Because people who can persist when everyone flees are promising.
shoreno
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July 04, 2018, 04:07:18 AM
 #639

I periodically read reviews of analysts on altcoins.  And if I see interesting technology, clarity in the work of the team, then such a project will interest me.  But if there is a lot of noise around such a project, then this can be alarming.  And you need to check whether artificially increase the popularity of altcoin.

same here. i do also read some information about the specific altcoin that im going to invest. usually i checked if the altcoin has a  real world usage because if there is then there is a posibility that it can be sucesful when the right time comes.  though i dont oftenly invest on every new altcoin that came out but instead i do foccus more on the classic or the pioneer ones such as etherium .

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And you need to check whether artificially increase the popularity of altcoin.
popularity does not mean the coin is already legit or a scam because that will  still depend. ive seen some coins  that is popular because only of manipulation , i also seen some coins that become popular because  they are actually good coins.
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July 04, 2018, 10:53:28 AM
 #640

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.
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