Do you read Whitepapers carefully??

[bayu7adi]

Although nowadays majority of people doesnt really mind up about reading up WP
specially on dealing up with meme coins on which they would really be just tending to throw out their bucks.

In fact, for potential memecoin investors I feel they don't really care about WP.. even the team from the related project often doesn't make WP for their project... that's because of many strange reasons that we can already see, namely the team wants to remain secret and meme coin doesn't have a special business presentation... so it's more compact with just a website accompanied by a roadmap and tokenomic info....

my opinion is, meme coin investors, more than 50% ignore the whitepaper... and only rely on hype and luck to really make a profit. So WP for the memecoin community is not as important as WP in general... even though it exists, I'm sure only a few people are interested in reading all of its content.

[Captain Corporate]

To be fair it doesn't matter "that" much for sure, what matters is the community. What matters with whitepaper is that its not some stolen copy paste shit, if that's not the case and its actually done properly, then the content doesn't matter, what matters only is the fact that they actually did write it and not just stole it. After that point, what they say will be said on twitter or other places anyway, for Satoshi the white paper for bitcoin was something like a manifesto, wasn't really required, he just wanted to explain to people what it was. We don't need that now, communities develop by itself.

[akeemqaz]

I rarely read whitepapers carefully. I usually use AI to summarize them. I don't think I've ever read one thoroughly before.
I know the summary won't be detailed, but reading it carefully would waste my time, and understanding everything isn't even guaranteed.

[pieppiep]

I rarely read whitepapers carefully. I usually use AI to summarize them. I don't think I've ever read one thoroughly before.
I know the summary won't be detailed, but reading it carefully would waste my time, and understanding everything isn't even guaranteed.

Actually, whitepaper is used to find out the project or product they are developing, so that way investors and those who want to contribute to this project will know how the future of the project being developed is and make investors able to decide how much money they want to use to invest. Bitcoin when it was first launched also only started from a whitepaper designed and published by Satoshi Nakamoto so that many new developers tried to follow what Satoshi Nakamoto had done.

[Charles-Tim]

I prefer to invest on existing project which I do not bother to read their whitepaper. If I can remember very well, it was only bitcoin that I read its whitepaper and not that I read it all but I glanced through it. I think people that are investing in new projects will prefer to read whitepaper of the project they want to invest on.

[bayu7adi]

I prefer to invest on existing project which I do not bother to read their whitepaper. If I can remember very well, it was only bitcoin that I read its whitepaper and not that I read it all but I glanced through it. I think people that are investing in new projects will prefer to read whitepaper of the project they want to invest on.

For existing old projects or coins, it is not necessary... history has provided the most accurate data and we can measure the growth of the project from what they have achieved... and this is real, not a plan... meaning the data we get is valid.. not a newly thought-out roadmap that could experience changes in the future...

WP is only important for new projects, and only a few people read it in its entirety... it is really a boring, dense text... because basically investors prefer real action, rather than overly high planning.

[robelneo]

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??

I'll look for uniqueness and usecase of the project based on what's written in the whitepaper, so many projects were exposed because copied whitepaper becaus eits not easy to create a whitepaper because it detailed all the information about the project.
Projects should have a whitepaper because if there's none its not a long term project and likely to rely on shill and hype.

[Roseline492]

Nah, I don't really read that long boring things developers are writing on their projects but instead get the most important use case on it  as we all know that most projects has to highlight what is unique on their project compared to others and that is what I did on it.

Yeah there use case is also very important because just like you there are also people who find it very difficult in reading every bit of the whitepaper because is very time consuming for them so instead they only target for their use case because that is the key factor to consider and after knowing it someone can easily know if they will have a good potential or not because just like you said every projects tends to bring something new that's far different from other projects and that's very unique because those are the things that would also motivate someone to buy. However I noticed that most of the projects that focuses on Technology mostly do well.

[0t3p0t]

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??

I'll look for uniqueness and usecase of the project based on what's written in the whitepaper, so many projects were exposed because copied whitepaper becaus eits not easy to create a whitepaper because it detailed all the information about the project.
Projects should have a whitepaper because if there's none its not a long term project and likely to rely on shill and hype.

Yeah I am also doing the same as use cases was the only thing that pushes the value of the said project in the future if it has something potential but if not then that will surely be a shit project and tokens that is why it is important to understand the true intent of a specific project by understanding the use case.

[debra]

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??

There are many things to be analyzed in the whitepaper. The first thing is to know whether the whitepaper is genuine or not. If it is copy-paste whitepaper or fake whitepaper, kindly avoid to join the project because it must be scam projects. Usually, in the whitepaper, I learn the information about the the products, team information, the strategy to develop the project, listing plans, roadmap, etc.

I can join the project with no whitepaper if they are already listed in top exchanges. 

[NotATether]

It depends on whether the authors had written their whitepaper carefully.

You can't expect people to study a memecoin whitepaper written by duds.

If it was a whitepaper written by an expert like Satoshi Nakamoto, then that is something worth researching and even scientifically elaborating on, because they genuinely mean the project to be a serious thing and not a cash grab. Nobody takes cash grabs seriously.

[MUGNIA]

To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.

[albon]

To be honest i usually don't read the whole whitepaper because i read many project whitepapers before and didn't really match. But a clear whitepaper attracts investors because many believe it. There are many projects that do binance exchange tag and whitepaypar also have binance tag but in many cases they resort to lies. But it should be very clear and promising, otherwise a doubt may be created among the investors.
Again there are many scam projects who steal the whitepapers of other projects and try to conduct the scam accurately. Follow their social channels to get more accurate information about the project, if their posts match the content presented in the whitepapers then it should be understood that the project is progressing properly. But if the whitepaper is plagiarized it's hard to understand quickly so spend a lot of time.

[0t3p0t]

To be honest, I rarely and almost never read their white papers. If I invest, I just follow FOMO because I'm not a long-term investor in new coins, I prefer hit and run.

This is quite risky but I agree that most if not all investors has done this many time on their investing careers and some got lucky and some fail. I personally do this as well that is why I got rugged so many times with memecoins because I am doing the same thing buy and then unfortunately I was not fast enough to execute an exit. 😆

[Bitcoin Smith]

I read Bitcoins or atleast most part of it if it's not complete but I don't think I never gave importance to white paper of other cryptos since most of them were copy paste of other existing projects or too technical that I am aware of it.

And it's not necessary to read white paper but you must have fair idea of what is it about that gives you chances of deciding your investment strategy.