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Author Topic: What makes you trust a new cryptocurrency?  (Read 1134 times)
pharaon
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October 09, 2018, 01:17:08 PM
 #141

At the moment, even under such market conditions, many new projects are being created, but personally I’m afraid to invest now and I think that it’s not profitable, so I don’t trust any new projects.
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October 10, 2018, 12:30:49 AM
 #142

I only look at the team, if it's a strong team with clearly identified people (no aliases) and a good vision for a use case, then I am in. I also make sure it's not a token because they're all bullshit. Mining a coin, with PoS, strong team and a good use case that isn't a token. The end. Everything else is shit.

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October 10, 2018, 12:43:49 AM
 #143

I wonder What makes you trust a new cryptocurrency?
the team, fast development of the project and if theres a trusted partnership to a well known company
p3rk0
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October 10, 2018, 12:51:53 AM
 #144

I wonder What makes you trust a new cryptocurrency?

Team, discussion, mostly if they are active on social and Discord. How open source and individual the project is.
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October 10, 2018, 01:18:11 AM
 #145

The #1 thing that makes me trust a company is the people behind the company.
Anytime I am serious about a coin, I will reach out and contact the devs and ceos before I buy.
If it is difficult to reach out to them, then immediately I pass on it.
At the very least, if I can't get a hold of some kind of at least Admin, then the company is not worth my time.
Even eth can be considered a startup.  And the only way startups expand into a long lasting company with value is through communication with their support base.

The other thing I look at is the tech itself.
since I am not that tech savvy, I pass a lot of it on to my techie friends to get their opinions.
If the crypto doesnt' have a github, that's a pass.
If it doesn't have a functioning product, that's another pass.

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October 10, 2018, 01:31:03 AM
 #146

Actually, I don't trust in new cryptocurrency even if its project is really good. It's too risky to invest into a new cryptocurrency. So instead of investing in a new one, I will choose the coins that in top 20
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October 10, 2018, 01:39:44 AM
 #147

I wonder What makes you trust a new cryptocurrency?

I used to invest in new cryptocurrency before by reading whitepapers and researching about the projects, and devs. But,  it didn't work well. That's why I do not invest in new cryptocurrency right now.
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October 10, 2018, 01:52:26 AM
 #148

I wonder What makes you trust a new cryptocurrency?

I used to invest in new cryptocurrency before by reading whitepapers and researching about the projects, and devs. But,  it didn't work well. That's why I do not invest in new cryptocurrency right now.
I've proved myself by joining Cryptocurrency. I really get a considerable profit. with this being its own belief proves that fosters a sense of security when using it. so very nice to prove himself Cryptocurrency.

 
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October 10, 2018, 02:03:35 AM
 #149

I don't believe in the new cryptocurrency, let alone the crypto condition is still sluggish, even if there is a new cryptocurrency, hopefully it can be welcomed by many people and can develop well
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October 10, 2018, 02:22:22 AM
 #150

I often care about the idea of ​​the first project, the idea needs new and has many breakthroughs that can attract the attention of investors. Next I usually care about the leadership team, if a team of professional and famous leaders in some areas will be very good interest. Also community support and continuous development is also very important factor that I often evaluate new projects.

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Itsmylife
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October 10, 2018, 03:20:49 AM
 #151

Their roadmap, their plan to develop, their works and the activities of their community. And the most important thing is its price present is lower than the moment it is listed on exchange sites.
grifinmch
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October 10, 2018, 03:35:23 AM
 #152

new crypto has a team of developers who are either worthy of belief was issued. that will make it capable of being able to grow and compete with another crypto also had long existed. without having a solid team in having expertise will certainly be difficult for new crypto compete in markets in this time because pretty much every day new crypto will appear and many also are crypto coin bins.
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October 10, 2018, 03:45:57 AM
 #153

I wonder What makes you trust a new cryptocurrency?

What can be a better way to trust a coin but transparency and good communication from the dev of the coins and of course community support, these three are important to me if a coin show sign of this three features then I will trust this coin.
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October 10, 2018, 04:02:29 AM
 #154

I wonder What makes you trust a new cryptocurrency?

There are many factors that one must first consider before trusting a new cryptocurrency. The platform if it is really feasible, the detailed information about the crypto as outlined in their whitepaper and also the team running the project. If all of these are satisfied, then I confidently invest and trust that crypto.
Right, they have the potential to grow because they have good technology innovations that are in great demand by many people,
that's the first thing I see from a new coin, then the second stage I will start seeing their whitepaper, their team, etc.
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October 10, 2018, 04:11:44 AM
 #155

Most of the alt coin that comes out are actually clone of other coins or  just pure dumb/pump coins that eventually dies just after few weeks. Usually coins that have potential, unique and is functionally different with a good development team are the ones that can be trusted. But you will see people investing on shit coins, just because of greed. They hope that they can make some quick good money and exit without losing anything.

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October 10, 2018, 04:12:33 AM
 #156

Cryptocurrency is revolutionary that is why it has been able to stand the test of time irrespective of the attacks from governments, banks and media. Cryptocurrency is the future to all payment method.

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October 10, 2018, 07:48:53 AM
 #157

I am not at all easy to believe with new token/altcoins because most of them (the developers) just want to get free and fast money from investors, and then they don't care anymore about the exchange rate that continues to run out and is not feasible. Although there are still some of them who are serious and continue to be consistent to build their projects for success, but it is very difficult to find.

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October 10, 2018, 07:53:56 AM
 #158

If a new coin is mineable and there is fair chance for everyone to mine at the same time without prior instamine, sucu coin will be trusted by majority of cryptocurreny community. I will also like to see the code history of such coin on github!

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October 10, 2018, 07:55:13 AM
 #159

Team, I think the main reason for me to believe in the new cryptocurrency is its team and partners, which is very important!

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October 10, 2018, 08:19:14 AM
 #160

I did noticed bitcoin during its opening stage. It was hard to suddenly jumped it especially I am not the tech geek person. I only started investing money into bitcoin and other crypto few years ago because I can see many good names and reliable people into it already. Now that the market is not really performing well and still there are too many coins and projects that wanted attention. It is making me hard to believe on new projects unless people behind it are known and reliable.
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