Do you read Whitepapers carefully??

[superman22]

I am not new about Whitepapers as I used to prepare for the project during 2018-2019 for some clients. Actually whitepapers are written about the project goals to achieve after completely launch a token or coins. However, I did not find that any projects able to survive by following whitepapers because when new technology comes then revision of technology and plan was necessary to survive in the market. Most difficult for token creator who plan to keep circulation in the market. The main problem is that every one sells the token faster before real works start.

I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.

[Gurujebs]

I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.

The truth is that many investors don't care about Whitepaper anymore. It was thing of the past where you see investigations are done based on Whitepaper and what the team has to offer but now that everyone want to make profit of meme coins and get quick profits, in details of Whitepaper are no longer consider but how the coin is going to pump for them and get their reward on time.

There used to be pdf files for them but the ones that even care a little have rebranded it to doc file where majority at copy cat work of one another and nobody gives attention to them again. Only time will tell, even the mini games are not doing, they just launched a fancy website with tokenomics and that's all about the project.

[Master107]

Whitepaper is good but not the basis to define potential and profitable token. Even scammers can create whitepaper easily just to prove they are real and committed to deliver profit to all investors.

Why read whitepaper? For clarification and verification of something such as tokenomics, objectives, team, future partnerships and step by step possible update and progress.

How do I often read? To be honest it's been long time that I didn't read intimately. Just read it for few minutes and then done after getting my target information for clarification

[dekafee79]

I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.

The truth is that many investors don't care about Whitepaper anymore. It was thing of the past where you see investigations are done based on Whitepaper and what the team has to offer but now that everyone want to make profit of meme coins and get quick profits, in details of Whitepaper are no longer consider but how the coin is going to pump for them and get their reward on time.

There used to be pdf files for them but the ones that even care a little have rebranded it to doc file where majority at copy cat work of one another and nobody gives attention to them again. Only time will tell, even the mini games are not doing, they just launched a fancy website with tokenomics and that's all about the project.

Yes, currently many investors do not read whitepapers, only rely on hype for meme coins and focus more on top coins, I am also like that because I don't have much time to do research and study whitepapers. because I have a busy life in the real world. I prefer to watch the market, study indicators and make analysis by trading rather than studying whitepapers from new projects.

[MUGNIA]

My question is strange, but I am suspicious of what you guys are doing when investing in cryptocurrency....
We are all familiar with cryptocurrency projects... and we should all be familiar with Whitepapers on a project... it is a digital sheet shared publicly that contains detailed information about the project.... so do you really read it every time you invest???

What are the points you look for in the whitepaper that are most important??? And if a project is running without a published whitepaper, will you invest in the related coin??

White paper mean shit, sorry to use that word but whitepapers mean absolutely nothing at this point and stage that we are in cryptocurrency, and let me say that right from the beginning, whitepapers were highly overrated, I remember those days when a coin will pump like x500 to x1000 in a day just because the team released a whitepaper, and after six months or less, the project will be completely dead and abandoned.
Many people learnt the hard way not to depend or use whitepaper to estimate or predict the success or failure of any crypto project, many projects that are super successful today started without a whitepaper, while some with the best whitepaper and seemed very promising died barely some months or a few years in this space.

Like I did said before, let me say it again that today, white papers mean absolutely nothing, success or failure of a project can not be predicted through their whitepaper, so I don't read it, there are other factors to look out for to accurately or close to accuracy, predict is a project is worth investing in or not.

It is true that whitepapers are currently not a role model for whether a coin is good or not, not like in 2017 if a project does not have a whitepaper then a project can be said to be invalid / not real, currently the white paper of a project is no longer original, most are plagiarized from previous projects, who knows what the real purpose of the new crypto project is at this time, actually if the old project is developing and changing its name it is natural, if there is a notification so investors can further follow the details and concepts of the final goal of a crypto project itself

[Gposas]

What a question.....
At the angle of a big or minor investor, it is hardly observed that one reads the whole Whitepaper of a project but rather sort for the satisfaction of investing on a project in respect to the diligence of the project team in promoting their project on social media handles, marketing and their choice on what exchange they hope to list in. If I guess right, Social Media hypes is one of the reasons for investing on projects amongst investors.
On the other hand, a Whitepaper are just written terms though it'll be very good and advisable to read and know more about what you are investing on as an Investor.
But it is still obvious that projects that don't get to the moon and even scam projects still have their own Whitepaper.

[Dr.Bitcoin_Strange]

I recommend you to read whitepapers if you purchase pre-sales coins but never hope that you are earning more than others however you are gaining knowledge and ahead from others. This will help to take risk decisions.

The truth is that many investors don't care about Whitepaper anymore. It was thing of the past where you see investigations are done based on Whitepaper and what the team has to offer but now that everyone want to make profit of meme coins and get quick profits, in details of Whitepaper are no longer consider but how the coin is going to pump for them and get their reward on time.

There used to be pdf files for them but the ones that even care a little have rebranded it to doc file where majority at copy cat work of one another and nobody gives attention to them again. Only time will tell, even the mini games are not doing, they just launched a fancy website with tokenomics and that's all about the project.

Yes, currently many investors do not read whitepapers, only rely on hype for meme coins and focus more on top coins, I am also like that because I don't have much time to do research and study whitepapers. because I have a busy life in the real world. I prefer to watch the market, study indicators and make analysis by trading rather than studying whitepapers from new projects.

Most investors don’t read project whitepapers because they are of the option that most of these projects are not always honest in their whitepapers, and that some the information there are not always accurate, so they’ll prefer to seek for information about the project elsewhere, somewhere that’s a lot more reliable, and just like you, some people are very busy to read through the whole thing. But regardless, it’s still very important to at least go through the project’s whitepapers as it could essentially offer a few guides to the investors about the project.

[pieppiep]

Most investors don’t read project whitepapers because they are of the option that most of these projects are not always honest in their whitepapers, and that some the information there are not always accurate, so they’ll prefer to seek for information about the project elsewhere, somewhere that’s a lot more reliable, and just like you, some people are very busy to read through the whole thing. But regardless, it’s still very important to at least go through the project’s whitepapers as it could essentially offer a few guides to the investors about the project.

Yes, investors don’t believe whitepapers or simple do not have time to read them but they should know that whitepaper is one of the most basic source of information about a project. Some whitepapers may not be fully transparent, but even they offer a first look into the vision statement, mission statement, the technology employed, and the issues the project in question seeks to address. One can read a whitepaper to know whether a project is well grounded or just inflated.

Also, from a whitepaper, investors can also gain some insight into the team behind the project and how they propose to expand. If, for some reason, there are many or most of the presented points on the whitepaper’s list of objectives are either exaggerated or unrealistic, that would be a sign of something wrong. Although it is advisable to get more information from other sources, comprehending basic elements of a particular project reading a whitepaper is still significant while investing.

[Ujok]

In investing, the first step is to read everything about the project, even the whitepaper must be read because it is very important, this whitepaper usually contains the journey, goals, vision and mission of the project. We must be careful and understand every word in the whitepaper so that we understand what the project is doing.

[Doovla]

Yes, the work and functions are explained in detail in Whitepapper, which is intended to lure every buyer for the coin. For the first two years, from 2017, there was no project for which I did not read Whitepapper because I thought it was impossible without it. Is it necessary, I think it is, there would be no detailed explanation about any project. A project without an explanation seems like a scam to me.

[Geey]

In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.

[MRY]

In investing, the first step is to read everything about the project, even the whitepaper must be read because it is very important, this whitepaper usually contains the journey, goals, vision and mission of the project. We must be careful and understand every word in the whitepaper so that we understand what the project is doing.

Definitely, understanding the whitepaper is the first and crucial step before investing in anything new, particularly in a crypto or technology venture. From the whitepaper, we can understand the general idea of the project which include aims and objectives, technology employed, project schedule, ideas and purpose of the project. Furthermore, the whitepaper also normally describes the existing problems with proposed solutions provided by the project, the advantages, and the possible disadvantages that we may encounter.

From this interpretation of the whitepaper, any investor is in a good position to decide if the project is fit for an investment or not. This also assist in averting embracing low profile or what maybe fake or dubious projects. Therefore, it is very crucial to be prudent, use our heads and our brains, and probably use our hearts as well, and make sure that we ground the project before proceeding to invest.

[densus88]

In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.

If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.

[pieppiep]

In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.

If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.

Well, It is true that investment in new projects can be really rich in lovely colossal opportunities but also in colossal risk. If we have experience and know under what criteria we can assess a project based on its roadmap, whitepaper, and the development of the community, then we can proceed with more confidence. Though, newcomers must realize that for higher rates it is still safer to stick to the top coins, which is Bitcoin or Ethereum, for example. Such large coins are typically less volatile and have longer and more positive track records, so we don’t have to waste much time scrutinizing every aspect of a new altcoin. At last, they make investment decisions based on their own know-how and their tolerance of the risk involved.

[Rubel007]

In starting an investment in a new project, our first step must be to carefully read all the articles on the project site and must read the whitepaper carefully, then we must carefully understand the words written in the whitepaper so that we know the quality of the project. ... do not rush to invest in a new project because you have to be careful and if you do not do what is above, you are afraid that you will get a loss because you invest in random projects.

If we have good experience to invest in new projects, we can do it but if we don't have any experience there, it's safer to buy top coins. Rather than studying roadmaps, whitepapers and always following their social media accounts, because this takes a lot of time.

Well, It is true that investment in new projects can be really rich in lovely colossal opportunities but also in colossal risk. If we have experience and know under what criteria we can assess a project based on its roadmap, whitepaper, and the development of the community, then we can proceed with more confidence.

I will agree with you that investing in old projects is better than new projects. But in that case the top coins should be preferred. Investing in many coins that may suffer losses but even if they are temporary losses, if they are held for a long period of time, it is possible to get the desired results from those coins. If Bitcoin, Ether, BNB or XRP are held then there is a definite possibility of profit from them in the long run which is not available with other coins. Now a days new projects can gives an investor some profit but has the potential to suffer huge losses by holding.

Before investing, it is possible to get a good project if the white paper of a project is well observed and their objectives and road maps are reviewed carefully. But if a new investor does not master those things well, he will still be profitable if he invests only in top coins.