Topic: How do you determine potentiality of any Altcoins? - page 11. (Read 12317 times)
IMO there is no specific criteria for determination. A good team, a good goal, and a good team running towards these goals. And most importantly the accumulated experience for many years. Besides, you will take huge risk when choosing potential ones beacuse of unknown destination. It makes more sense to turn to trusted ones.
I think that it is difficult to determine the real potential of coins. The ideas of many coins look interesting but it is more difficult to realize this idea than it seems.
Over time, you can see how the developers feel about their project and whether they will develop it or just make big promises and not keep them
For some of the coins that have been registered in the exchange I usually determine the coins I choose based on their trading volume. If they have good volume, it means that many people also trust the coin and then I immediately see their official site and find a lot of information for the continuity of the coin, whether it will be used in the future or just a booming coin at a certain time.
I think that it is difficult to determine the real potential of coins. The ideas of many coins look interesting but it is more difficult to realize this idea than it seems.
A good indicator is how far it has fallen from it's all time high. It shows that there is a lot of room for growth when the real bull market returns. QTUM has fallen a long way so it's a good investment now in terms of potential growth
Theres quite a few indicators on how to see if it can have potential or not. First thing you look at is the specs of the coin, is it a unique project is it just a copy-paste (or generated by a known service) - check the github aswell, see whats up. If that part looks good then look at what the roadmap is, whos involved, is there community interest etc. Theres a lot of variables that help to reduce the chance of being scammed.
We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?
I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.
So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.
What's your thoughts about it? Let's share knowledge and correct me if I am wrong.
when a coin is developing we can see the result in potential of it so we cannot take any other opportunity to analyse and research about that it will easily seen ways when your coin is getting up in the position I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.
So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.
What's your thoughts about it? Let's share knowledge and correct me if I am wrong.
I don't determine the potential of a coin, but i watch for the price of the coins on past and i can somehow choose some altcoins which can grow again on future and bring a profit.
I do not think there is a certain or precise way to vet the potentiality because different coins need different approaches
Thus we need to ensure that the token has enough liquidity and volume
Coupled with a realistic product to offer
Thus we need to ensure that the token has enough liquidity and volume
Coupled with a realistic product to offer
I am in support of your point OP. Any coin can increase in price even if it is a shit coin. The most important thing is the long term nature of the coin.
There are three major factors that enable the longevity and the success of s coin, which are the use case of the coin, the activeness and seriousness of the team as well as the engagement of the community.
There are three major factors that enable the longevity and the success of s coin, which are the use case of the coin, the activeness and seriousness of the team as well as the engagement of the community.
I searched for coins which had the potential from review in some media about crypto and seeing people in their team.
High prices are not a benchmark that coin has the potential because the market is full of speculators
But all of that can be wrong and certainly when misjudging, so look for another coin that we think has the potential to give best return.
High prices are not a benchmark that coin has the potential because the market is full of speculators
But all of that can be wrong and certainly when misjudging, so look for another coin that we think has the potential to give best return.
there are many ways to find potential altcoins, but the most basic thing is volume. no matter whether it is manipulated or not by buying coins that have large trading volumes we can at least get a little profit from speculations or rumors that exist. for the problem of concepts, teams, and others I think that's a common thing, if all that isn't good I can make sure that the coin is bad.
If the price of any altcoins are very cheap and they are new list only in trading site i will do invest some in that like 0.005 btc to 0.01 btc because i want hold them still i will study first their alts if this is good with potential to grow of course
Then some altcoins here really have potential already so use that example ethereum then this have all already like the fast transaction with low fees worldwide and very useful so find or do invest in that then apply also this in more or some altcoins that you going to use
Then some altcoins here really have potential already so use that example ethereum then this have all already like the fast transaction with low fees worldwide and very useful so find or do invest in that then apply also this in more or some altcoins that you going to use
We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?
no, I have criteria for determining potential coins. First, the platform must be operational. without a platform there will be no real use and that means coins can only be used for investment. second, update. if the active team is sure they always do updates to the platform, every update will always be speculation about the project. third, trading volume. I don't want to buy coins that don't have volume. even if their platform has started operating without but they don't have volume, that means the project failed.
Things that i consider before investing into any proeject is the attitude of the team members with regards to their project and how communicative they are with their community. I also consider their use case and how relevant it is because i don't think every development has to have some tokens. I also look at their partners in the develoopment of the project before investing and also the credible team members behind the project. Other than that i don't invest at all.
I usually determine coin for its uses. The more people using it for their use, the more potentiality of the coins. Imagine, most of the coins nowadays is just a trade coin, no one would use it except trading and investing on it.
Honestly, I've personally given up on spending so much time to research the "potentiality" of altcoins. We're all talking about price of course right? BEcause if it's just a bout great tech, great devs, great communities, then you don't really worry about price in the long term.
But if you're talking about x10 and x100, then I think they only thing that matters is the marketing and how much hype people can build about it and who they can convince to develop that hype.
But if you're talking about x10 and x100, then I think they only thing that matters is the marketing and how much hype people can build about it and who they can convince to develop that hype.
We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?
I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.
So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.
What's your thoughts about it? Let's share knowledge and correct me if I am wrong.
I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.
So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.
What's your thoughts about it? Let's share knowledge and correct me if I am wrong.
I think the potential altcoins to consider would not going to show its potential through its market price. But to the team that is coordinating to the core market about the latest partnerships and investments primarily, big investments that will going to increase its potential market value in the future, through being up to date.
I think checking and considering potential of a new coin is a complex procedure that depends of proper analysis, due diligence and also various factors that are directly or indirectly attached with projects success like number of investors, supporters and community, responsive team, quality unique product with massive demand and also liquidity on exchanges.
You can see a more potential coin if there’s so many discussion about it and the result of their development is good. Many are just a hyped coins so we really must see a good one or else we will be trap on that. Potential coins may dump in short run but if you look at their future development then you can see their true potential.
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