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Author Topic: what makes you trust a new altcoin?  (Read 11081 times)
ljane
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August 08, 2018, 05:49:01 PM
 #961

New altcoins are sometimes not easy to be trusted in because of how the market is going. One thing I have figured out if I want to trust an altcoin is the teams' roadmap for the project and also the idea behind the project.

I’m me
WaffleMaster
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August 08, 2018, 05:56:03 PM
 #962

What I like to look at for new altcoins is not only their management team and the vision, but the capability to reach that vision and community support behind it. Community support can be measured in numbers by a lot of different ways such as the volume of the coin, the size of the social media groups, the chatter here on the ANN thread. Price is not really a concern of mine when getting involved in a currency.
natumanya
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August 08, 2018, 06:00:55 PM
 #963

Many new coins are Scammer

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

Trade in the crypto-currency market is associated with a high risk and is not suitable for all investors. Each trader is obliged to independently assess the risks taking into account his financial position.
Halbert
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August 08, 2018, 06:02:00 PM
 #964

First of all, this is a team that has extensive experience in its industry, company plans, price, listing  Wink
Kurokyy
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August 08, 2018, 07:00:03 PM
 #965

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
One of the best criteria that I am setting before trusting new altcoin is that I know that it is composed of group of people who are really expert in every field in the crypto world. Also, if the new altcoin is recommended and has a high positive rating from several well known ICO review and rating websites.

You cannot trust altcoins immediately unless you read its whitepaper and you find out that it has a really good platform and the projects and developers are legitimate.

tessaphin
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August 08, 2018, 07:03:57 PM
 #966

I read all of their projects and why they made new coins. If there is a legitimate reason to make a coin like that then I proceed further because I know that if the coin has no reason to make it will not last for more time.
brianross7
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August 08, 2018, 10:35:08 PM
 #967

i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
I've been trusted in a new altscoin before.Recently, i have to analysis a new alts thoroughly because there are a lot of scam project. I'm looking for a potential coin means it has a strong community, how much their product can apply to real life, the developer behind and their schedule in next short-time.
chidiarua
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August 08, 2018, 10:48:30 PM
 #968

How to trust new alts? What is their whitepaper like? What problem are they trying to solve? Is the 'problem' actually a problem in order to give it a strong use case? What is the road map? If they pass these test, then we're good.
drixty
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August 09, 2018, 03:20:12 AM
 #969

if I see it have development updates and has strong community support. That coin is worth keeping especially if it has active devs team behind.
bayu7adi
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dont be greedy


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August 09, 2018, 03:37:03 AM
 #970

new coins with strong developer support, in my opinion it will be very easy to go up and down
but basically the price after two months will stabilize at a low price
I am quite confident in the progress of the new cryptocurreny, where developers are very active in responding to several complaints from their communities, but only pass for a few projects
Apiapik
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August 09, 2018, 03:40:47 AM
 #971

If a new altcoin is recommended and has a high positive rating from some of the famous ICO review and rating websites.
snipernumberone
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August 09, 2018, 03:44:13 AM
 #972

We understand their work and the potential of the project from the development and relationships of the project team. Although, difficult coins are very hard to determine .
rinkujaglan
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August 09, 2018, 03:55:30 AM
 #973

When a new coin comes in the market, offcourse first you know the purpose of altcoin and analysis about it like whitepaper, team, ability and announcement etc. If you follow these step than you trust it and you should intially invest with minimum amout.
websing
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August 09, 2018, 04:21:14 AM
 #974

I think what can make us believe in the new coin is to investigate the description of the coin first, what about the number of the contract, its symbol and decimals. If this is complete then you can be sure the coins are official and registered.
redcj7
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August 09, 2018, 04:37:02 AM
 #975

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

First, I consider how the developers are committed, and how serious they are in each project.
You know, it's hard to trust altcoins, but again depends on you how you trust each altcoin.
Awan Awan
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August 09, 2018, 04:45:02 AM
 #976

No, I will not trust any new altcoin but I trust some altcoins because not all the new altcoins are potentially good but there are some good altcoins as well and I've gotten new altcoin results and that's a lot
Everything you believe, you must follow because everything is for you and not for other. You will bring profit or loss for yourself.
For me, we need a proof to believe something so i will trust the old potential coin like etherium rather than more believe to new altcoin.
Etronix
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August 09, 2018, 04:54:10 AM
 #977

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

Potential, that is the reason I trust new altcoins. Of course you must know the purpose of the altcoin is just created.
At present, trying a variety of new coins is an interesting experience, and very mandatory.
celakkenyang
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August 09, 2018, 04:57:18 AM
 #978

I see altcoins based on how long the project exists and the number of teams that developed the project. enthusiasts will see from the product made by the project.
gribble
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August 09, 2018, 05:00:37 AM
 #979

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

Potential, that is the reason I trust new altcoins. Of course you must know the purpose of the altcoin is just created.
At present, trying a variety of new coins is an interesting experience, and very mandatory.
The other reason for me which make me believe in new alternatives coins especially on the ICOs projects
1. The new innovations of projects, no competitor for the projects
2. The products has been made by the developer of the ICOs projects
3. Basic community of the projects usually i found this information from the official social media
So i will makes investment in them with 20% of my capital investment.
campusnet
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August 09, 2018, 05:04:15 AM
 #980

We can see from the concept and roadmap. If the project were developed and reasonable to realized I think there is no reason not to trust the altcoin though it is new. many coins ico already can last up to several years and continues to grow.

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