Altcoins Talks - Cryptocurrency Forum

Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: ambar33n on July 14, 2018, 11:33:33 PM

Title: what makes you trust a new altcoin?
Post by: ambar33n on July 14, 2018, 11:33:33 PM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Title: Re: what makes you trust a new altcoin?
Post by: CryptoZenWorld on July 15, 2018, 12:23:02 AM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.
Title: Re: what makes you trust a new altcoin?
Post by: gribble on July 15, 2018, 03:13:40 AM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.
Don't forget to the community of new alternative coins, the power of people is very important including the numbers of investors of the new coins, this information can be found from the data of selling coins in the first stage usually on the ICOs stage or pre sale of the ICOs, without the community new alternative coins are nothing :D
Title: Re: what makes you trust a new altcoin?
Post by: xeroz on July 15, 2018, 04:54:55 AM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.
Don't forget to the community of new alternative coins, the power of people is very important including the numbers of investors of the new coins, this information can be found from the data of selling coins in the first stage usually on the ICOs stage or pre sale of the ICOs, without the community new alternative coins are nothing :D

Agree with you all. Those requirements should be fulfilled firstly. Although, of course those do not guarantee 100%.  ;D
Title: Re: what makes you trust a new altcoin?
Post by: mackinleybhe on July 15, 2018, 07:03:56 AM
I will not trust any new altcoins which are not listed on exchanges. It should have volume and value in the market. Those are the requirements I actually needed before I invest to an altcoin.
Title: Re: what makes you trust a new altcoin?
Post by: eurcoin88 on July 15, 2018, 07:08:43 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

When that coin kickup the market and the coin already have a value.
Title: Re: what makes you trust a new altcoin?
Post by: therozaq on July 15, 2018, 07:17:51 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I trusr a new number altcoins by learning white paper, road mao and their team.
Title: Re: what makes you trust a new altcoin?
Post by: dekafee79 on July 15, 2018, 08:18:33 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I think we should learn their project and their team, legal document. Be carreful, because in crypto currency wolrd we must have knowledge about that.
Title: Re: what makes you trust a new altcoin?
Post by: divine75 on July 15, 2018, 09:05:31 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

Mostly the things that make me trust to the new altcoins is there ICO project,once if i found out there product is being marketable and there road maps of there project is nice and good, and also if i found out in my research,then thats the time that i trust those altcoins.especialy if thats altcoins is become legit and more profitable in the market.

Title: Re: what makes you trust a new altcoin?
Post by: CryptoZenWorld on July 15, 2018, 11:57:18 AM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.
Don't forget to the community of new alternative coins, the power of people is very important including the numbers of investors of the new coins, this information can be found from the data of selling coins in the first stage usually on the ICOs stage or pre sale of the ICOs, without the community new alternative coins are nothing :D

Yes, definitely. If there is no good number of supporter or community of the coin it will be worthless as a doll. I hope this stage can be judged after pre-sale and 1st stage of ICO.

Thanks mate.
Title: Re: what makes you trust a new altcoin?
Post by: CryptoZenWorld on July 15, 2018, 11:59:59 AM
I will not trust any new altcoins which are not listed on exchanges. It should have volume and value in the market. Those are the requirements I actually needed before I invest to an altcoin.

Yes, listed on exchanges has both good and bad effect. The bad effect is

- the fund could be stolen by hacker any time.

- There might be a great dump after ICO by the exchange.
Title: Re: what makes you trust a new altcoin?
Post by: marcsymons on July 15, 2018, 12:11:40 PM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I trust a certain ICO if their team members specially the CEO are easily be found in the Google to determine if they are scam or not and also i will ensure that their projecs are feasible to the masses so that it could attract more people to invest. If the projects are beautiful then for sure it will reach the hard cap which means a higher price in the market and a higher profit for us in the future.
Title: Re: what makes you trust a new altcoin?
Post by: CryptoZenWorld on July 15, 2018, 03:46:29 PM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I trust a certain ICO if their team members specially the CEO are easily be found in the Google to determine if they are scam or not and also i will ensure that their projecs are feasible to the masses so that it could attract more people to invest. If the projects are beautiful then for sure it will reach the hard cap which means a higher price in the market and a higher profit for us in the future.

Great explanation. I also agree with you. and for this reason, I have currently chosen The ShowMeBiz project. I have seen that their members had good reputation in social media and they are also active in facebook and telegram with their team with weekly live video update in a group. And specially Olgaamrai the CEO of Shomebiz project is really awesome.

I am not trying to promoting the project. I am sharing my expression about the project because it seems a legit project for me.
Title: Re: what makes you trust a new altcoin?
Post by: Master107 on July 15, 2018, 04:04:26 PM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.

This is recommendable to remember in order to move forward in crypto with this kind of enough informative information.
Title: Re: what makes you trust a new altcoin?
Post by: Official_BlockFolks on July 15, 2018, 04:18:26 PM
To trust an altcoin, i will look at a few factors to determine if it is worth my investment.

- The dev team.
- The whitepaper
- Any MVP
- Partnership
- Roadmap
- Advisors
- Hype level
- Marketing strategy
Title: Re: what makes you trust a new altcoin?
Post by: Phylum1020 on July 15, 2018, 04:20:58 PM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
In order to put your trust in a new altcoin you should take the neccessary steps to check if that altcoin is legit and safe to invest. Check the dev team and if it has transparency in the public, also check the roadmap, white paper and the support from the community to minimize the risks of your investment. However it is not an assurance but it can minimize the risk.
Title: Re: what makes you trust a new altcoin?
Post by: laughingburger on July 15, 2018, 06:26:43 PM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

Legit team members
Trial and error from previous successful ICO
Appearing in various influencer or ICO benchmark websites
Title: Re: what makes you trust a new altcoin?
Post by: CryptoDan on July 16, 2018, 12:11:32 AM
I always look at the team behind it and whether it's from an established company with track record. Case in point: VLUX - http://vlux.io/ (http://vlux.io/)
Title: Re: what makes you trust a new altcoin?
Post by: gribble on July 16, 2018, 04:46:15 AM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.
Don't forget to the community of new alternative coins, the power of people is very important including the numbers of investors of the new coins, this information can be found from the data of selling coins in the first stage usually on the ICOs stage or pre sale of the ICOs, without the community new alternative coins are nothing :D

Agree with you all. Those requirements should be fulfilled firstly. Although, of course those do not guarantee 100%.  ;D
Bitcoin was sucessfull started from the community, there are no values in bitcoin on the early but the community of bitcoin always use it and share to other people about the benefits of the blockchain and decentralize, we can see the result right now : D
Title: Re: what makes you trust a new altcoin?
Post by: Polisi tidur on July 16, 2018, 05:56:37 AM
because enthusiasts altcoin very much, if many enthusiasts his auto altcoin forum would be successful, I believe altcoin forum could be a work material
Title: Re: what makes you trust a new altcoin?
Post by: Wong keras on July 16, 2018, 08:30:11 AM
because many have liked altcoin forums and also have many who work in altcoin forums, here I am still studying, I want to successfully work in altcoin forum
Title: Re: what makes you trust a new altcoin?
Post by: pacar_tiri on July 16, 2018, 08:45:45 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I will see legal documen, their team and road map. It is my opinion.
Title: Re: what makes you trust a new altcoin?
Post by: Mntree on July 16, 2018, 10:11:59 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?
Honestly in altcoin there's so many opportunity to take especially in joining bounty program that they give us reward.
Title: Re: what makes you trust a new altcoin?
Post by: tamango on July 16, 2018, 10:13:59 AM
First of all I look at their social networks and posts to telegram. They I take a look at team and advisors if they are well known. Then I look at white paper and ask myself if this project really is different from competitors
Title: Re: what makes you trust a new altcoin?
Post by: husanchaika on July 16, 2018, 11:28:45 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

First of all, I look for team members, and mostly in developers, because in their hands what project can be tomorrow.
But if I find I a strong adviser that I know has handled several ICOs at a high level of quality, then I pay attention to this matter also.
Longs things short, I look first of all at developers and advisers.
Title: Re: what makes you trust a new altcoin?
Post by: Deffobit on July 16, 2018, 11:28:55 AM
First I look at the idea, then the team. And then on the website, whitepaper, social networks and so on.
Title: Re: what makes you trust a new altcoin?
Post by: Falcon on July 16, 2018, 11:40:11 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

The idea about the concrete good future regarding altcoins is what makes me trust because there are also huge people who trust in the good future.
Title: Re: what makes you trust a new altcoin?
Post by: husanchaika on July 16, 2018, 11:43:49 AM
First of all I look at their social networks and posts to telegram. They I take a look at team and advisors if they are well known. Then I look at white paper and ask myself if this project really is different from competitors

I got many times scammed as bounty hunter despite big community at social media of a project, and despite good SMM.
Then I switched to looking about team mates.
Title: Re: what makes you trust a new altcoin?
Post by: SuccessManiac on July 16, 2018, 12:42:18 PM
I trust a new altcoin when I realize the project is unique and it will solve a major problem. If I understand the project very well and realize the team members have good reputation. If I also realize the company has started something concerning the project and it has become successful.
Title: Re: what makes you trust a new altcoin?
Post by: husanchaika on July 16, 2018, 01:07:21 PM
I will not trust any new altcoins which are not listed on exchanges. It should have volume and value in the market. Those are the requirements I actually needed before I invest to an altcoin.

Yes, listing on exchanges can indicate a project's strength, but it may turn out to be too late when they are already listed but you had a unique possibility to get tokens at a lower price.
Title: Re: what makes you trust a new altcoin?
Post by: owmivmen on July 16, 2018, 05:50:04 PM
I believe with altcoin just seen from the team that handles the project. whether experienced in blockchain technology or influential in the crypto world. it is very important to assess the coin in the crypto market.
Title: Re: what makes you trust a new altcoin?
Post by: Octoalts on July 16, 2018, 06:18:53 PM
I do not really believe in the new Altcoin, and I trust the old Altcoin that has proved to be good and potential. for a new altcoin, it looks like we should learn more about the altcoin, so we can be sure if the coin is good or not.
Title: Re: what makes you trust a new altcoin?
Post by: kevinjulio on July 17, 2018, 12:16:21 AM
I don't fully trust the new altcoin, this is because they still have to show their potential to be able to compete and survive in the market cryptocurrency, and it's not an easy thing. Although each new altcoin has their respective advantages.
Title: Re: what makes you trust a new altcoin?
Post by: KobbyD on July 23, 2018, 07:26:22 AM
If there are a lot of investors interested in the project then it is likely to succeed. When more investors are welcomed, then the project is likely to reach the soft cap easily.
Title: Re: what makes you trust a new altcoin?
Post by: altcoingamer on July 23, 2018, 07:30:53 AM
Seems crazy but the telegram community means a lot to me.. if they seem well informed and are actively talking about the project and things exciting about it, it goes a long way over something like "When Binance" "When Moon" "When Lambo" When 1 dollar"... newbies love feeding eachother with their own hype but I cannot stand it.. and if a community seems interested without the presence of that, I feel the project has lots of room to grow and the type of investors I like to be around are investing in the project.. its honestly wrong or not, about 70% of my decision making process alone.
Title: Re: what makes you trust a new altcoin?
Post by: CryptoZenWorld on July 23, 2018, 07:58:30 PM
Seems crazy but the telegram community means a lot to me.. if they seem well informed and are actively talking about the project and things exciting about it, it goes a long way over something like "When Binance" "When Moon" "When Lambo" When 1 dollar"... newbies love feeding eachother with their own hype but I cannot stand it.. and if a community seems interested without the presence of that, I feel the project has lots of room to grow and the type of investors I like to be around are investing in the project.. its honestly wrong or not, about 70% of my decision making process alone.

Yes mate, community support in main for success in crowd sale. If the project is legit, a community can lead it to moon soon.
But if the project is not legit and interesting, it may gather some capital but can't succeed in ICO.
Title: Re: what makes you trust a new altcoin?
Post by: Mbah Jenggot on July 24, 2018, 01:18:31 AM
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?


I think You should lear their legal document, Roadmap, And product.
Title: Re: what makes you trust a new altcoin?
Post by: luvr1000 on July 26, 2018, 12:37:41 PM
of course this very idea of ​​the company is often all ideas is our future, well, and of course the project team, for me these are the most important criteria
Title: Re: what makes you trust a new altcoin?
Post by: Aliados on July 26, 2018, 03:41:59 PM
I trust a new altcoin when i see the following requirements has been fulfilled:

- Whitepaper with full Information including legit documents and brief.

- Legal documents(for example: Registration under Estonia law, SEC, Chamber of Commerce etc)

- Good Team member with reputation.

- Good advisors with reputation.

- Good working product

- Background of the company(optional)

- Road Map

- Background info of the whole team

- GitHub code


So, when I see this info is fulfilled I trust the new altcoin.

Great job mate. Very detailed answered that you provided to our op. Very informative. Once we still got scammed it is our own responsibility to manage our own dealings.