Post
Topic
Board Altcoin Discussion
Re: what makes you trust a new altcoin?
by
Siakol
on 07/09/2018, 09:56:24 UTC
i wonder what makes you trust a new altcoin? what you're looking for in their company page etc...?

I usually try to do a fairly detailed research before investing in such projects because the market is in a very bad situation and these projects are often used for bad purposes. For that reason, it is my first requirement to investigate detailed information about the project before investing in such projects. Website design has become an easy and inexpensive process today, so it is easy to do something, so I do not just evaluate the project by looking at the website design. When I do research, my most important point is the project team, which is already a good enough factor to determine the success of the project. On the other hand, I look at project technology and other details about the project targets through different sources, and I make investment decisions based on these results. One fact is that projects that have a successful team always win. Projects created with new and inexperienced people or people who have become miserable in this sector are heavily successful. For that reason, instead of just looking at the website, I look at all the details and then I make an investment decision.
I also do researching since it will minimize the risk in investing on a certain alts and ICO, results of some investors of a certain alts will determine the strategy that I will be using in participating in the sale and investing on the project , Some alts can be trusted, some are not, so  better come up with better decision making before investing on some economic resources.