How do we know if the altcoin has a potencial to increase the value?

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Quote from: FaucetRank.com on February 28, 2016, 12:31:32 PM

Quote from: socks435 on February 28, 2016, 12:19:02 PM

Quote from: FaucetRank.com on February 28, 2016, 12:05:01 PM

You should first look at alt coins popularity and it's community.
Then you have to look at particular coin's price chart and have to do some technical analysis about the coin .

But how can find their forum and how can i know if the coins popular.. In yobit i saw ICO that has a link every altcoin if you click it you will get into a forum but how about the other altcoin that none in ths list of ICO.??

All ICO 99% are scam so never look at ICO coins .
Look at yo bit Twitter replies or fb replies if people are supporting for a particular coin then its worth to buy that coin .

Same like that c-cex has a coin voting system if a coin wins the max votes that means people are supporting that coins .
Always register more then 1 crypto trading platform because there you may get arbitrage opportunities to get short terms profit .

Yeah i saw the twitter in the lower right part of yobit.. and i already tried to buy some of them i just got some advise from chatters so that i know some of altcoin tips..
Thanks for giving a information about ICO so they are all scam.. i will stay away from them.. i will follow the tweets and community advice..

edmundduke

legendary

Activity: 1624

Merit: 1007

Quote from: socks435 on February 28, 2016, 11:11:26 AM

Hi guys i need some advice because im new in trading i just want to know if how do we know if the altcoin has potencial to be growth oor the value will be increase weeks or sooner??

Depends on what you wish to do with the coin. If you are just into trading then there are a few small tricks that help you see where the coin is going. The most simple way is to follow some whales/manipulators/crypto traders on twitter. Keep on eye on what they are promoting and what coins they are pushing for. Buy some and be ready to sell fast, the coins they pump might be PnD coins but this does not mean you can't make some profit on them

Other than that nothing but research will help you. You need to take a look if the coin has an active development team, what features does it bring, how many people are involved etc.

owm123

sr. member

Activity: 392

Merit: 250

Quote from: socks435 on February 28, 2016, 11:11:26 AM

Hi guys i need some advice because im new in trading i just want to know if how do we know if the altcoin has potencial to be growth oor the value will be increase weeks or sooner??

For me its simple question like this: "Would I use the coin myself?". If the anwser is no, than I'm do not invest in it, even though it might have potential for others. If yes, than off course I read and learn more about it and then decide if its only cool idea, or is the project development going, etc.

FaucetRank.com

hero member

Activity: 868

Merit: 500

Quote from: socks435 on February 28, 2016, 12:19:02 PM

Quote from: FaucetRank.com on February 28, 2016, 12:05:01 PM

You should first look at alt coins popularity and it's community.
Then you have to look at particular coin's price chart and have to do some technical analysis about the coin .

But how can find their forum and how can i know if the coins popular.. In yobit i saw ICO that has a link every altcoin if you click it you will get into a forum but how about the other altcoin that none in ths list of ICO.??

All ICO 99% are scam so never look at ICO coins .
Look at yo bit Twitter replies or fb replies if people are supporting for a particular coin then its worth to buy that coin .

Same like that c-cex has a coin voting system if a coin wins the max votes that means people are supporting that coins .
Always register more then 1 crypto trading platform because there you may get arbitrage opportunities to get short terms profit .

MicroGuy

legendary

Activity: 2506

Merit: 1030

Twitter @realmicroguy

Quote from: socks435 on February 28, 2016, 11:11:26 AM

Hi guys i need some advice because im new in trading i just want to know if how do we know if the altcoin has potencial to be growth oor the value will be increase weeks or sooner??

You need to first decide what is your objective - is it trading? investing? Trading is not based on fundamentals, while investing IS based on fundamentals.

My advice would be to lean towards value investing. Find altcoins that are worth more than the market recognizes. This can be done by examining community involvement, inflation rate, branding, and philosophical values. Why was the currency created? What are its principles and mission?

Ask yourself which coins are most likely to fall into favor with consumers and general public. The big payoff will come down the road, somewhere a few years out, when the people of the world awaken to digital currency. Position yourself now for that inevitable reality.

Pitchblackroom

sr. member

Activity: 313

Merit: 250

Quote from: FaucetRank.com on February 28, 2016, 12:05:01 PM

You should first look at alt coins popularity and it's community.
Then you have to look at particular coin's price chart and have to do some technical analysis about the coin .

Generally the hype and the features behind the coin are important. Developers are important to and how they communicate

electronicash

legendary

Activity: 3178

Merit: 1054

Don't you think its about market cap and volume?
I'm no crypt trader but have read some discussions about these lately probably reputable devs is going to be an indication.

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Quote from: FaucetRank.com on February 28, 2016, 12:05:01 PM

You should first look at alt coins popularity and it's community.
Then you have to look at particular coin's price chart and have to do some technical analysis about the coin .

But how can find their forum and how can i know if the coins popular.. In yobit i saw ICO that has a link every altcoin if you click it you will get into a forum but how about the other altcoin that none in ths list of ICO.??

FaucetRank.com

hero member

Activity: 868

Merit: 500

You should first look at alt coins popularity and it's community.
Then you have to look at particular coin's price chart and have to do some technical analysis about the coin .

socks435

legendary

Activity: 2058

Merit: 1030

I'm looking for free spin.

Hi guys i need some advice because im new in trading i just want to know if how do we know if the altcoin has potencial to be growth oor the value will be increase weeks or sooner??

Topic: How do we know if the altcoin has a potencial to increase the value? (Read 717 times)