Post
Topic
Board Trading Discussion
Re: New to alt coin trading, Help
by
Rukusilf
on 24/10/2016, 06:39:50 UTC
Try to select only those altcoins which will have reliable and known developers and will have a good number of investment and will have a good volume of trade.

Yeah these features are most affecting the value of any altcoin, coins with that features will have good potential to increase in value in the future so any person who will have investment in that coin will not be disappointed and will earn a good profit in the future when the value will increase.
not forever the alt coins are having a reliable developer will having the happy ending, maybe there are a lot of example like that. I think too difficult just considering about their developer. and there is no guarantee about your profit if choosing the altcoins with the reliable development.

But if the developers disclose their identity and they share all their activity with public so we will be able to know that how much they can struggle for their coin and how much they are reliable and by showing their identity they will not commit to scam people.

knowing the identity of the developers doesn't guarantee the safety of the coin and it certainly does not guarantee you not to lose money when you invest in them. as an example you can take a look at ethereum that we all know the identity of the main developer Vitalik B. but we all know how manipulated and scammy that coins really is and it has caused a lot of pump and dumps and losses for many people.

That is right. But if you know the identity of the developers, you can know their traack record and find a good one.