What makes a crypto project reliable and trustworthy ?

[blockman]

For me I will say that new project is trustworthy and good for invest is the review of one past investors it because even if the team behind that project was have a successful project in the past because not all the time that they have a successful project last year or more then now they will be a successful. Because sometime we have our unlucky moment and if that happen then for sure the opposite of success will be in the finish line.

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

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[South Park]

I understand how difficult it is to find altcoin projects that actually have decent potential. because most altcoin projects are always made to be raised and discarded after the maker makes a big profit. But still, out of all the altcoin projects there will always be projects that are really good and have good utilities and good fundamentals. usually these projects are made by people who have a good reputation in the crypto industry or at least have extensive knowledge and many achievements in the field of technology. so their project also has a reliable team. both in design and in marketing. so the first thing I always look for in an altcoin project is to find out who is behind the altcoin project.

This is not a bad idea, just make sure they are who they say they are, as it is not rare for scammers to impersonate famous developers and attract investors this way, but then it is discovered this is not the case and anyone that already sent them their coins has no recourse to get them back as those scammers disappear shortly after they are discovered, so caution should always be a priority when dealing with a new coin, however if after you make your due diligence you find out everything is fine then you can invest some money in that project if you want.

[nakamura12]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

We surely did believe in luck when we invest on a project that we will earn profit and I don't think that it is wrong to be like that or to think like that. We all have our ways on what we do either on investing in a project or other things. We sometimes did have our unlucky moments as what shamm posted and it doesn't mean that it is because of the project's luck that we didn't earn profit. I can only say that a project is trustworthy if it continues to exist after it is launched rather than turning into dust.

[Hypnosis00]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

We surely did believe in luck when we invest on a project that we will earn profit and I don't think that it is wrong to be like that or to think like that. We all have our ways on what we do either on investing in a project or other things. We sometimes did have our unlucky moments as what shamm posted and it doesn't mean that it is because of the project's luck that we didn't earn profit. I can only say that a project is trustworthy if it continues to exist after it is launched rather than turning into dust.

Nothing wrong with seeking luck but this is should not be our practice, it is good to practice investing in projects that are really profitable and we know it can happen. Because we can't just rely on luck here, even though we are a newbie must not think about it but rather improve our knowledge and skills to determine what is a good project and what is a worthless one. Otherwise, we are just investing like gambling and the chances are slim - 50/50. I think we can't afford to have that chance of winning or losing because what we want is to earn.

[abel1337]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

We surely did believe in luck when we invest on a project that we will earn profit and I don't think that it is wrong to be like that or to think like that. We all have our ways on what we do either on investing in a project or other things. We sometimes did have our unlucky moments as what shamm posted and it doesn't mean that it is because of the project's luck that we didn't earn profit. I can only say that a project is trustworthy if it continues to exist after it is launched rather than turning into dust.

Nothing wrong with seeking luck but this is should not be our practice, it is good to practice investing in projects that are really profitable and we know it can happen. Because we can't just rely on luck here, even though we are a newbie must not think about it but rather improve our knowledge and skills to determine what is a good project and what is a worthless one. Otherwise, we are just investing like gambling and the chances are slim - 50/50. I think we can't afford to have that chance of winning or losing because what we want is to earn.

That's right, No successful investor or trader is rely on on their lack in majority of the time. I'm sure that luck affects them on the things they do but I'm sure that before they executing their moves, They have planned and studied their move for it to be precise and make it near their goals. I personally think that it is dumb to invest on a project that has a 50/50% chance of being successful. I will just gamble if that is the case, I know that I have more confidence in doing gambling than risking it on a 50/50 chance.

[nakamura12]

Nothing wrong with seeking luck but this is should not be our practice, it is good to practice investing in projects that are really profitable and we know it can happen. Because we can't just rely on luck here, even though we are a newbie must not think about it but rather improve our knowledge and skills to determine what is a good project and what is a worthless one. Otherwise, we are just investing like gambling and the chances are slim - 50/50. I think we can't afford to have that chance of winning or losing because what we want is to earn.

I definitely agree with you there but I am not talking about seeking luck as a practice in investing projects but about our luck in investment. I am not an expert in choosing a project to invest when I start learning about crypto currency and I did not have that kind of practice where I base my investment in luck rather than doing research myself to know which project I should invest and earn profit. I did it before which I did earn profit and I was thinking that I am not that lucky or in short not my very lucky moments. That's what I mean and not about using luck in investment.

That's right, No successful investor or trader is rely on on their lack in majority of the time. I'm sure that luck affects them on the things they do but I'm sure that before they executing their moves, They have planned and studied their move for it to be precise and make it near their goals. I personally think that it is dumb to invest on a project that has a 50/50% chance of being successful. I will just gamble if that is the case, I know that I have more confidence in doing gambling than risking it on a 50/50 chance.

You just repeat the statement that it is much like gambling if you are investing relying on luck. Once again, my previous post is not about relying on luck but about how lucky you are in investing, not about your practice in relying on luck when investing. You can say it like your level of luck in the field of investment like Luck level 1-10 for example if you didn't get my point. I say you missed my point there and once again, not about relying on luck when investing.

[blockman]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

We surely did believe in luck when we invest on a project that we will earn profit and I don't think that it is wrong to be like that or to think like that. We all have our ways on what we do either on investing in a project or other things. We sometimes did have our unlucky moments as what shamm posted and it doesn't mean that it is because of the project's luck that we didn't earn profit. I can only say that a project is trustworthy if it continues to exist after it is launched rather than turning into dust.

There's nothing wrong with that but I'm telling about the perspective of running a project, and the developers that are running the projects. Their success relies on how hard working they are and effective the project they're working on is.
It's true that unlucky moments comes to us and that's giving us some bad beats vibes that we think the project itself isn't the one that we should have invested. And from that experience, we're learning a lesson on how to invest properly and ends up with some good upgrade for each individuals like us.

[BitcoinPanther]

For me I will say that new project is trustworthy and good for invest is the review of one past investors it because even if the team behind that project was have a successful project in the past because not all the time that they have a successful project last year or more then now they will be a successful. Because sometime we have our unlucky moment and if that happen then for sure the opposite of success will be in the finish line.

In terms of projects, I don't think that luck should be associated with their success.

In every success there is always a variable factor and it is greatly affected by luck.  Yes success can be predetermined with planning and studying several factors but as i said, there is always a variable factor that is way out of our hands.  So luck can be associated with success on this field.

That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

I agree, everything should be planned out and worked out.  Success will not come if we are only waiting, we have to work for it to happen.  So for a project to be successful, the developer must thrive hard and do their best to deliver roadmap at its finest and not just a half-baked one in order to increase their chance of success in the market.

Investors on the other hand can do their research and plan according to what the discovered.  If they are lucky enough that the project developers are serious of developing their project then I can say, the end road will be a successful one.

[Reatim]

Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.                                                                                                        

When talking about altcoin , there are no concrete idea of how we could find a legit or trustworthy project though we are tend to believe that there are a possible big reutrns.
altcoin is a fall of risk and that is not a fact but a reality so better to check your project wisely as even those who are being promoted by big people sometimes end up not progressing to the top.
find your risk and invest only what you can afford to lose.

Those who seek assurance cab focus on coins that have been running activities for a long time. Those who have a bigger community and have dealt with the ups and downs of the market. I would say that some of the top coins can perform better and will be more reliable. It's hard to rely on new projects nowadays so focusing on old and trusted coins will be wiser.

actually XRP had been running long but eventually experienced dump because of the case filed against them , and also NEO that once being on top but now? it drops badly and the later one is Litecoin , after the selling  happened or the change of management ? we seen how bad they are acting now .
but of course it is indeed one of the best way to trust aside from bitcoin those coin long running currencies are good.

[fuguebtc]

Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.                                                                                                        

When talking about altcoin , there are no concrete idea of how we could find a legit or trustworthy project though we are tend to believe that there are a possible big reutrns.
altcoin is a fall of risk and that is not a fact but a reality so better to check your project wisely as even those who are being promoted by big people sometimes end up not progressing to the top.
find your risk and invest only what you can afford to lose.

Those who seek assurance cab focus on coins that have been running activities for a long time. Those who have a bigger community and have dealt with the ups and downs of the market. I would say that some of the top coins can perform better and will be more reliable. It's hard to rely on new projects nowadays so focusing on old and trusted coins will be wiser.

actually XRP had been running long but eventually experienced dump because of the case filed against them , and also NEO that once being on top but now? it drops badly and the later one is Litecoin , after the selling  happened or the change of management ? we seen how bad they are acting now .
but of course it is indeed one of the best way to trust aside from bitcoin those coin long running currencies are good.

Investment is for profit, if you want safe and reliable, then choose bitcoin, no need to choose useless old altcoins. Investing in altcoins is with the expectation of earning a higher return than bitcoin, so old coins that have been dumped and are no longer of much interest to the community are better off getting rid of them. Investing in altcoins is inherently risky, so we need to get the reward worth it, I would invest in potential new projects rather than old ones.

[TheUltraElite]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

That would listening to our emotions and not going by the charts. There are coins worth putting money in like the top five but luck should never be brought into the question when buying crypto.

Projects and how they are developing is a good point. If you look closely you will find that it is more of smoke and mirrors here. Very few actually have been developing properly and they are going to go bankrupt in a few years.

It would be much better to avoid such coins and keep your hands on Bitcoin.

[swogerino]

Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.                                                                                                        

In my opinion is the team behind the project,if the team is well known and they have a clear road map of what they want to achieve in the future this to me can look like a trustworthy project.For example I believe a lot in the team behind Raptoreum-RTM coin,a true CPU mineable coin that brings real ASICS decentralization as it changes algorithm a few times,beside that the team behind it as I said has a great vision which they are implementing,right now they are in the assets phase,they have implemented it,the big one though is smart contracts which are coming next,once they add 2-3 programming languages for this,I think this altcoin will be a hit.

[blockman]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

That would listening to our emotions and not going by the charts. There are coins worth putting money in like the top five but luck should never be brought into the question when buying crypto.

Projects and how they are developing is a good point. If you look closely you will find that it is more of smoke and mirrors here. Very few actually have been developing properly and they are going to go bankrupt in a few years.

It would be much better to avoid such coins and keep your hands on Bitcoin.

I agree with what you've said in the latter that it's always best to keep on and have bitcoin than any of these projects. But we can't stop to look at some projects when we've got a tiny spare to be released and have it gambled with it since it's affordable amount to lose.

In terms of projects, I don't think that luck should be associated with their success.

In every success there is always a variable factor and it is greatly affected by luck.  Yes success can be predetermined with planning and studying several factors but as i said, there is always a variable factor that is way out of our hands.  So luck can be associated with success on this field.

Well, that's just what I think about successful projects. But I think if we'll ask them, they'll provide answers that will relate to their working ethics and how hard and smartly they've worked with it.

I agree, everything should be planned out and worked out.  Success will not come if we are only waiting, we have to work for it to happen.  So for a project to be successful, the developer must thrive hard and do their best to deliver roadmap at its finest and not just a half-baked one in order to increase their chance of success in the market.

Investors on the other hand can do their research and plan according to what the discovered.  If they are lucky enough that the project developers are serious of developing their project then I can say, the end road will be a successful one.

We see at the beginning developers that are serious with what they're working with. But, it's hard to spot on when they're like at the tail of their success and seeing the demand for the token they've released, that's where the harder part comes because many developers dump their tokens all at once and it's visible based on the project's pricing.

[Alice_Sit]

Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.                                                                                                        

In today's world, where blockchain and smart contract technologies are becoming increasingly popular, it's crucial for businesses to ensure that their smart contracts are secure and free from vulnerabilities. That's why it's essential for projects to undergo regular security audits, like the ones provided by HashEx, to identify any potential risks or weaknesses and address them before they can be exploited by hackers or other malicious actors. By doing so, companies can protect their assets and reputation, and give their users peace of mind. https://hashex.org/

[visionE2]

In terms of projects, I don't think that luck should be associated with their success. That's what I think and believe that everything should be worked out and they have to do it based on what they're conducting by working on that project.
But we as individuals, I think we tend to believe with luck when we invest on a project that suddenly made us interested on buying it.

We surely did believe in luck when we invest on a project that we will earn profit and I don't think that it is wrong to be like that or to think like that. We all have our ways on what we do either on investing in a project or other things. We sometimes did have our unlucky moments as what shamm posted and it doesn't mean that it is because of the project's luck that we didn't earn profit. I can only say that a project is trustworthy if it continues to exist after it is launched rather than turning into dust.

Nothing wrong with seeking luck but this is should not be our practice, it is good to practice investing in projects that are really profitable and we know it can happen. Because we can't just rely on luck here, even though we are a newbie must not think about it but rather improve our knowledge and skills to determine what is a good project and what is a worthless one. Otherwise, we are just investing like gambling and the chances are slim - 50/50. I think we can't afford to have that chance of winning or losing because what we want is to earn.

Yes, I agree with your opinion, Crypto Growth has experienced very fast growth, many new coins and tokens have been born. Even so, most of them are fraud or scam. But before investing, we also need to reset the choice of altcoin that we want to buy. As Most people think, Investing in crypto is about buying coins, then letting them go up. It takes a lot of analysis to become a successful crypto trader. , Looking at Fundamentals, it is very important in crypto, maybe crypto is 90% to fundamentals, 10% to analysis.

[jostorres]

For me I will say that new project is trustworthy and good for invest is the review of one past investors it because even if the team behind that project was have a successful project in the past because not all the time that they have a successful project last year or more then now they will be a successful. Because sometime we have our unlucky moment and if that happen then for sure the opposite of success will be in the finish line.

In terms of projects, I don't think that luck should be associated with their success.

In every success there is always a variable factor and it is greatly affected by luck.  Yes success can be predetermined with planning and studying several factors but as i said, there is always a variable factor that is way out of our hands.  So luck can be associated with success on this field.

Organizing skills and planning are things that needs to be learned very well. If you want to make a profit in the crypto world or in any business world, you need to calculate all the possibilities, good or bad, and you need to make sure you have actions ready to do in a moments notice as soon as that happens.

I know that being ready for all the possibilities is a very difficult thing and would require a different wiring in the brain and many people just takes a dive, but those are the people who lose the most money in the crypto world. I can't just keep watching them lose money all the time, it's really a sad feeling, just because they didn't prepare for anything that may have happened.

[Reatim]

actually XRP had been running long but eventually experienced dump because of the case filed against them , and also NEO that once being on top but now? it drops badly and the later one is Litecoin , after the selling  happened or the change of management ? we seen how bad they are acting now .
but of course it is indeed one of the best way to trust aside from bitcoin those coin long running currencies are good.

Investment is for profit, if you want safe and reliable, then choose bitcoin, no need to choose useless old altcoins. Investing in altcoins is with the expectation of earning a higher return than bitcoin, so old coins that have been dumped and are no longer of much interest to the community are better off getting rid of them. Investing in altcoins is inherently risky, so we need to get the reward worth it, I would invest in potential new projects rather than old ones.

you mentioned Useless altcoins  but what about those Valid altcoins? meaning those who had managed to stay in high rank for long years and proven to be bringing profit to all its believers and investors?
best to diversify at least? buy Bitcoin with confident and buy altcoin with though risk.

[fuer44]

Bitcoin is the King of cryptocurrency and most altcoins are way less qualified in terms of credibility, fanbase, high returns with minimal risks etc. I am trying my best to analyze altcoin projects but the results are not pleasant. What makes an altcoin really trustworthy ? And why ? Please let me know your opinions.                                                                                                        

Projects that have announced their coins are listed on the market exchange, so we don't need to worry about that anymore. Second, projects that pay directly with a weekly payment system. So once a week, participants can already get money from their work for the project. If you meet a project with a concept like that, register immediately and don't forget to let me know 

[South Park]

actually XRP had been running long but eventually experienced dump because of the case filed against them , and also NEO that once being on top but now? it drops badly and the later one is Litecoin , after the selling  happened or the change of management ? we seen how bad they are acting now .
but of course it is indeed one of the best way to trust aside from bitcoin those coin long running currencies are good.

Investment is for profit, if you want safe and reliable, then choose bitcoin, no need to choose useless old altcoins. Investing in altcoins is with the expectation of earning a higher return than bitcoin, so old coins that have been dumped and are no longer of much interest to the community are better off getting rid of them. Investing in altcoins is inherently risky, so we need to get the reward worth it, I would invest in potential new projects rather than old ones.

you mentioned Useless altcoins  but what about those Valid altcoins? meaning those who had managed to stay in high rank for long years and proven to be bringing profit to all its believers and investors?
best to diversify at least? buy Bitcoin with confident and buy altcoin with though risk.

Investing in the top altcoins in the market makes sense, however we must not assume that they are the same as bitcoin, we just have to remember what happened to Luna recently and to bitconnect on the past, so if you decide to invest in one of the top altcoins you need to at least check your portfolio daily, and if you see something is going wrong you need to act quickly and sell those altcoins as you do not want to become a bagholder and lose your capital in this way.

[yhiaali3]

A good project and an active coin team is what makes the coin mostly reliable. Of course, there are many other factors, but these are the most important ones.

When the coin owns a distinctive project that arises from the need of the market and has an active coin team that continuously pursues the development of the coin, I expect that it will succeed in the end.