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Author Topic: what makes you trust a new altcoin?  (Read 3221 times)

Offline ambar33n

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what makes you trust a new altcoin?
« 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...?

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what makes you trust a new altcoin?
« on: July 14, 2018, 11:33:33 PM »

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Offline CryptoZenWorld

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Re: what makes you trust a new altcoin?
« Reply #1 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.
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Offline gribble

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Re: what makes you trust a new altcoin?
« Reply #2 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

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Offline xeroz

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Re: what makes you trust a new altcoin?
« Reply #3 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
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Offline mackinleybhe

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Re: what makes you trust a new altcoin?
« Reply #4 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.

Offline eurcoin88

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Re: what makes you trust a new altcoin?
« Reply #5 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.

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Re: what makes you trust a new altcoin?
« Reply #6 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.
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Re: what makes you trust a new altcoin?
« Reply #6 on: July 15, 2018, 07:17:51 AM »


Offline dekafee79

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Re: what makes you trust a new altcoin?
« Reply #7 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.

Offline divine75

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Re: what makes you trust a new altcoin?
« Reply #8 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.

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Offline CryptoZenWorld

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Re: what makes you trust a new altcoin?
« Reply #9 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.
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Offline CryptoZenWorld

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Re: what makes you trust a new altcoin?
« Reply #10 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.
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Offline marcsymons

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Re: what makes you trust a new altcoin?
« Reply #11 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.
« Last Edit: July 15, 2018, 03:12:51 PM by marcsymons »

Offline CryptoZenWorld

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Re: what makes you trust a new altcoin?
« Reply #12 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.
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Offline Master107

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Re: what makes you trust a new altcoin?
« Reply #13 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.

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Re: what makes you trust a new altcoin?
« Reply #14 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

 

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