Do you read Whitepapers carefully??

[luckyledger]

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.

Yep. If you have the needed time or want to be sure about the project - you would dig into every amount of info you can.
If not - just invest in the olds of the market.

[nakmantu99]

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.

Studying new whitepaper takes a lot of time so I don't do that, because I don't really like investing in new projects because the risk is bigger. I focus more on investing in top coins, because I'm looking for a safer investment even though the results are not as big as investing in new projects. Every investment will have a risk, but for me I will choose the smallest risk from my investment.

[SmartGold01]

Studying new whitepaper takes a lot of time so I don't do that, because I don't really like investing in new projects because the risk is bigger. I focus more on investing in top coins, because I'm looking for a safer investment even though the results are not as big as investing in new projects. Every investment will have a risk, but for me I will choose the smallest risk from my investment.

Though reading whitepaper is very important but I don't see any reason to invest in shitcoin became they are easy way to lose money and like I know most of these projects naturally creates these coin to deceive people and take their good coin, such as bitcoin and any other reputed coin out there. Although if you invest in top coins then there's is every slim chance to lose huge capital, but as an investor you need to invest with an amount you feels that you can afford to loose.

[smartaction]

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??

Reading whitepaper is require huge time so it s very boring for me. i have no experience in reading whitepaper because i didn't invest on new and unlisted coin. who invest on new coin  on ico ,ieo ,ido and another sales, they research project by reading whitepaper and research team and something else. i am just invest on bitcoin and some others popular and strong coins that's why i didn't read whitepaper

[satpol_PP]

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??

Reading whitepaper is require huge time so it s very boring for me. i have no experience in reading whitepaper because i didn't invest on new and unlisted coin. who invest on new coin  on ico ,ieo ,ido and another sales, they research project by reading whitepaper and research team and something else. i am just invest on bitcoin and some others popular and strong coins that's why i didn't read whitepaper

If we do not invest in new projects, we should not read the white paper, we simply observe the character of the top coins and buy when the price drops. And if we want to trade, we can make short-term analysis and predictions. All are adjusted to our needs in choosing coins for investment.

[kai]

.....
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??

When I was on standby looking at the Binance market application, it seemed that I didn't pay enough attention to the whitepaper because I saw that the projects launched on Binance seemed trustworthy, but still trustworthy also always uses the concept of do with your own risk (DWYOR).
But maybe for those who are experienced, they will definitely read the Whitepaper first, while I personally am not that interested in reading the whitepaper and mostly I only look at the newly launched projects on Binance for a short time because the rest I don't buy the coin, just look at it.

[enoch_from_off]

.....
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??

When I was on standby looking at the Binance market application, it seemed that I didn't pay enough attention to the whitepaper because I saw that the projects launched on Binance seemed trustworthy, but still trustworthy also always uses the concept of do with your own risk (DWYOR).
But maybe for those who are experienced, they will definitely read the Whitepaper first, while I personally am not that interested in reading the whitepaper and mostly I only look at the newly launched projects on Binance for a short time because the rest I don't buy the coin, just look at it.

I would say that, if you are going to invest in the project - any piece of info, especially technical and important ones - will be appreciated who take it all seriously.
It's everybody's choice, but I will take a look at the white paper to see if I am going to use the project in the future or invest in it.

[gunhell16]

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??

There are only three things I look at in the whitepaper, of course: first is the team behind the project; second is tokenomics and the roadmap. When the project that is new in the field of crypto space passes to me, through those three, I might promote the project on various social media platforms.

That's why the white paper is important because, through it, we as investors will have an idea of what its future will be in the end. It's like with a product: when we buy a new one, it always has manual guidelines, so the whitepaper is the same.

[enoch_from_off]

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??

There are only three things I look at in the whitepaper, of course: first is the team behind the project; second is tokenomics and the roadmap. When the project that is new in the field of crypto space passes to me, through those three, I might promote the project on various social media platforms.

That's why the white paper is important because, through it, we as investors will have an idea of what its future will be in the end. It's like with a product: when we buy a new one, it always has manual guidelines, so the whitepaper is the same.

Yeah, the ideal whitepaper puts the credibility of the project higher after the read, even after a binge read it should have the same effect, and, after all, a good white paper doesn't mean that the project is good or will remain like that, however, it's a good indicator.

[kai]

.....
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??

When I was on standby looking at the Binance market application, it seemed that I didn't pay enough attention to the whitepaper because I saw that the projects launched on Binance seemed trustworthy, but still trustworthy also always uses the concept of do with your own risk (DWYOR).
But maybe for those who are experienced, they will definitely read the Whitepaper first, while I personally am not that interested in reading the whitepaper and mostly I only look at the newly launched projects on Binance for a short time because the rest I don't buy the coin, just look at it.

I would say that, if you are going to invest in the project - any piece of info, especially technical and important ones - will be appreciated who take it all seriously.
It's everybody's choice, but I will take a look at the white paper to see if I am going to use the project in the future or invest in it.

Thank you for your advice, and I am sure they are reliable investors who are very experienced. While I have just gotten to know cryptocurrency so when there is a new project launched at that time I only see the main website of the project without having to report reading the whitepaper. If the project is considered very interesting then it is certain that I will monitor it until the project is launched, but unfortunately I did not buy the coin because I am not an investor.

[God Of Thunder]

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???

If you ask me to be honest, the answer is NO. I have never read a whitepaper except one, the Notcoin whitepaper. Since it is genuinely white (empty), it took me only two seconds to read it. I am holding a couple of Altcoins right now, and all I invested is based on hype and how they performed previously. I didn't invest in some random shitcoin this time.

I do not read the whitepapers because I am not a tech guy, and I don't understand the technical terms they use to write them. All I check about the project is whether it was audited. How much is the total supply, and how much is the maximum supply? That's all. I ignore tokens with unlimited supplies.

[JISAN]

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???

If you ask me to be honest, the answer is NO. I have never read a whitepaper except one, the Notcoin whitepaper. Since it is genuinely white (empty), it took me only two seconds to read it. I am holding a couple of Altcoins right now, and all I invested is based on hype and how they performed previously. I didn't invest in some random shitcoin this time.

I do not read the whitepapers because I am not a tech guy, and I don't understand the technical terms they use to write them. All I check about the project is whether it was audited. How much is the total supply, and how much is the maximum supply? That's all. I ignore tokens with unlimited supplies.

I think most investors or most crypto users never read a project's white paper.  And most users and most investors invest in a hype.  I also personally invest in those coins that have performed very well and have a potential in their all-time price chart.  And on the other hand I focus more on top 30 coins by coin marketcap.  and observed how long they have held the top position of CoinMarketCap.  And then do a long term assignment on them.  Because of which I never need to read the whitepaper

[rizqillah]

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???

If you ask me to be honest, the answer is NO. I have never read a whitepaper except one, the Notcoin whitepaper. Since it is genuinely white (empty), it took me only two seconds to read it. I am holding a couple of Altcoins right now, and all I invested is based on hype and how they performed previously. I didn't invest in some random shitcoin this time.

I do not read the whitepapers because I am not a tech guy, and I don't understand the technical terms they use to write them. All I check about the project is whether it was audited. How much is the total supply, and how much is the maximum supply? That's all. I ignore tokens with unlimited supplies.

I think most investors or most crypto users never read a project's white paper.  And most users and most investors invest in a hype.  I also personally invest in those coins that have performed very well and have a potential in their all-time price chart.  And on the other hand I focus more on top 30 coins by coin marketcap.  and observed how long they have held the top position of CoinMarketCap.  And then do a long term assignment on them.  Because of which I never need to read the whitepaper

That's the same as what I do, because I invest in top 20 coins, so I don't read whitepaper. But sometimes I also invest in new projects, so I have to read whitepaper, although it's boring to analyze new projects by looking at the roadmap and reading whitepaper but the profit from new projects is bigger.

[debra]

That's the same as what I do, because I invest in top 20 coins, so I don't read whitepaper. But sometimes I also invest in new projects, so I have to read whitepaper, although it's boring to analyze new projects by looking at the roadmap and reading whitepaper but the profit from new projects is bigger.

I think there are many people with the same way. We invest in top coins, specifically top 20 or top 10 coins. In this way, it is not a must to read the whitepaper carefully because they are trusted coins. But I think it is good if we still read the whitepaper, we also can get the updated information about the coins. Although top coins, it is not impossible to lose the values because of some cases. XRP ever experienced it, they lost value when they got a case with SEC.

[bhadz]

To be honest, I don't read whitepapers anymore. And I am letting it go to those that are hardworking that exposes the ones that just copies the whitepapers of other projects. So, if deciding whether to invest or not, typically the normal process that I do is go straight to its chart and check if it's the right time to buy or it's giving an opportunity for everyone that doesn't want to catch falling knives. The answer is no but there are other means of checking nowadays if a project is good, not or a fraud.