Do you read Whitepapers carefully??

[Captain Corporate]

With the rise of AI, you could make an AI system read a million whitepapers if you want, or whatever amount you can feed it, and give it specific features and even ask it some innovative ways your project could improve on what exists, so that you could write a whitepaper that looks legit and great, because AI could help you write it, it will write you the best whitepaper you can think of. This means, there is really nothing important about whitepapers, there never was, because a shady person can write a good whitepaper too, there is nothing stopping them from stelaing your money after writing a good whitepaper.

[LogitechMouse]

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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??

Does anybody still care about whitepaper right now? I mean does any investor here that are still reading a 20-page or more whitepaper just to know whether they will invest into that project or not?

I'm not investing into new projects anymore so I don't know if there's still somebody who's reading it. After all, most of the investors only care about the profits that they could make when they invest into a new project, and this is the reason why most of the investors lose money. The fact that the risk of investing into new projects is high that's why I focus more on investing into established coins like those at the top in terms of market cap. I don't need to read their whitepaper anymore, and I don't need to dig deeper that much because... they're established already.

I hope somebody here can say if they're still investing into new projects or not. If yes, are you still reading their whitepaper before deciding whether you will invest or not with that project.

[XFinite]

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??

Well I always check, what's the project for? why they created project if there is a similar project? so there must be some creative solutions from them etc.

But you know what? nowadays I'm seeing people don't even read WP, cos they are just investing based on popularity and hype. Take example of TON projects haha

[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??

Well I always check, what's the project for? why they created project if there is a similar project? so there must be some creative solutions from them etc.

But you know what? nowadays I'm seeing people don't even read WP, cos they are just investing based on popularity and hype. Take example of TON projects haha

TON and its T2E sector are the epitome of hype and going after the trend after one project is successfully launched. Even though it happens on other chains too, it's TON's time to be in that place for now

[God Of Thunder]

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

I do the same thing, to be honest. Usually, projects write long whitepapers, which takes a lot of time to read. I am not going to spend a couple of hours reading a whitepaper of a project where I am going to invest less than $100. If we want to read every whitepaper in which we are going to invest, then we have to spend hundreds of hours reading these things.

Most importantly, everyone does not understand the technical terms of Cryptos. So, even if we read those whitepaper, I bet we won't understand that. I tried reading Bitcoin whitepaper and I even planned to translate it. But due to limited knowledge on the technical side, I postponed it. As long as we check some important facts, we don't have to read the entire whitepaper.

[MRY]

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

I do the same thing, to be honest. Usually, projects write long whitepapers, which takes a lot of time to read. I am not going to spend a couple of hours reading a whitepaper of a project where I am going to invest less than $100. If we want to read every whitepaper in which we are going to invest, then we have to spend hundreds of hours reading these things.

Most importantly, everyone does not understand the technical terms of Cryptos. So, even if we read those whitepaper, I bet we won't understand that. I tried reading Bitcoin whitepaper and I even planned to translate it. But due to limited knowledge on the technical side, I postponed it. As long as we check some important facts, we don't have to read the entire whitepaper.

Agreed, There is no need to focus on everything mentioned in the whitepaper and read it as a single large text, but only on the parts most important in achieving the investment objectives: project goals, how tokens will be used, and what path is planned for their further development, and who is behind the project. Instead of developping certain technicalities which might not in anyway influence your decision to invest in the value of the project or not, it is advisable to take information which is easier to understand and which would affect the value of the project. It also means that recommendations can be made faster and in some ways, on an evidence-based manner without getting lost in overly technical jargon. Referral to a third-party analysis or summary can also be helpful in the case when a person wants to read a whitepaper but does not have much time, or lacks proper technical background to do it.

[alltalk]

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.

If you invest in top coins, you don't need to read the whitepaper. Most people who learn the whitepaper is for new coins. I know many of us just focus on old coins, we may have no interest in new coins. However, we still need to update the information in their social media although we choose old coins. It is not impossible that old coins can be delisted from exchanges because of many reasons. We must be careful to invest in any crypto coins.

[sampoerna]

But you know what? nowadays I'm seeing people don't even read WP, cos they are just investing based on popularity and hype. Take example of TON projects haha

True, many people do it, without reading the WP of the project, and even without analyzing its advantages first, let alone what its utility is. Because it is only based on what is currently hype and will be listed on top exchanges.

And you know what? I might be one of them  ​​

Because the goal is indeed for the short term only, not often and not much. because sometimes, that is what often gives quite good profits, but you really have to take profits really quickly, otherwise it will get our money stuck. then make sure that the nominal is only a little, usually less than $ 50 you can get a lot of coins like that.

but once again, this is very high risk, if we miscalculate, we will lose that money.

[Hisbullah]

Time for reading whitepapers for different projects is gone long time ago, and today anyone can write anything or hire someone to do this work for them.
Bitcoin whitepaper is not long and this is something everyone should read, you wont find any false promises there.

Bitcoin whitepaper is not a false promise and we have read it this is a true promise, bitcoin becomes a popular project and is in demand by many people so that the price of bitcoin becomes expensive. In the past I often read whitepapers and for now it feels like a waste of time because many projects are written just copy paste from other project whitepapers.

Honestly, not always. What I mean is, sometimes a project's whitepaper is made very complicated, and the explanation is not easy to understand. Personally, I usually only read the points that are most important for me to understand.

I know this is not right because it is still very risky for us to get scammed. However, it is indeed that boring to read the whitepaper. Especially one that is only made in detailed details without many illustrations, it will be very boring.

Yes, although it should and ideally, we should read it in great detail and carefully so that we really understand the meaning of what is written in the WP. However, it is indeed not easy.

Reading whitepapers is really boring, especially new projects that we don't know about the future of the project. We only read the important points, although the success of a project is not determined by the white paper because investors prefer the popularity, usefulness of the project and the team behind the project, not the beauty of the writing of their whitepaper.

[God Of Thunder]

If you invest in top coins, you don't need to read the whitepaper. Most people who learn the whitepaper is for new coins. I know many of us just focus on old coins, we may have no interest in new coins. However, we still need to update the information in their social media although we choose old coins. It is not impossible that old coins can be delisted from exchanges because of many reasons. We must be careful to invest in any crypto coins.

As long as the code of a certain project was audited by a reputed audit farm, I am okay with investing in it. I don't want to read the white paper, which may take hours. Only 35% of investments are on the altcoins market at this moment, and mostly on known coins that have been on the market for a long time. I bought some new coins as well because they have some potential, but I did not feel it necessary to read their whitepaper.

I hold some new tokens like NotCoin, BWB, and Blast. Probably, it was a bad decision to hold Blast because their maximum supply is huge, which I did not back then. I also have some BWB, which is backed by Bitget, and I am okay with that. I also believe Notcoin may gives a good return in Bullrun.

[Bobcrypto]

Actually many people get some Hype about some new start up projects and immediately they start investing. As for me, I just try to get some vital informations like the usercase of the project, read through the white papers briefly, possibly to know the team members details.
In addition, I take proper interest on the company that audit the projects. Also, the project plans for further developments, upgrades, marketing and promotional plans for the future.

[Gita]

Your question is not strange but understandable, that the investment is long term or short term only if we have information about it we can get success.. Now, we must understand that whitepaper will be so easy because it can be given to anyone for just a few bucks at any time.  But can be outsourced...but again without a whitepaper it might raise some doubts on investors and backers.  It is necessary to know about the white paper, because the more knowledge, the better the investment.

[MUGNIA]

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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??

Does anybody still care about whitepaper right now? I mean does any investor here that are still reading a 20-page or more whitepaper just to know whether they will invest into that project or not?

I'm not investing into new projects anymore so I don't know if there's still somebody who's reading it. After all, most of the investors only care about the profits that they could make when they invest into a new project, and this is the reason why most of the investors lose money. The fact that the risk of investing into new projects is high that's why I focus more on investing into established coins like those at the top in terms of market cap. I don't need to read their whitepaper anymore, and I don't need to dig deeper that much because... they're established already.

I hope somebody here can say if they're still investing into new projects or not. If yes, are you still reading their whitepaper before deciding whether you will invest or not with that project.

I think so, no investors read the whitepaper in detail like before, because currently there are many meme coins that only rely on fomo and who knows what the purpose of making the coin is, even if investors read it directly, they are targeting the coin's tokenomics, how much supply is circulating so that investors can predict how much profit they will get if they invest in the project.

[ZAINmalik75]

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??

No I don't read it every time when I invest I listen to people who have read the whitepaper and those who can find some mistakes and uniqueness in the project if there are any. After listening to different influencers I make my mind and managed the money and risk and after taking the risk I didn't care about the project and till now it has been proven to be a 60% right and %40 wrong strategy.

I will not advise anyone to follow it whitepaper doesn't play any role in investment because in my opinion it's the roadmap and the team considering the project have potential. If the team is good and the roadmap is good too then I am excited otherwise not.

[bitcoin-shark]

I know it's a serious shortcoming but unfortunately i almost never do it, i don't read whitepapers, we shouldn't invest in projects that don't have it and we have to read it carefully to avoid strange clauses for withdrawing funds