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Topic: How To predict ALTcoin ?? - page 2. (Read 2743 times)

hero member
Activity: 1218
Merit: 557
May 31, 2017, 04:17:51 AM
#20
Its not at all easy to identify the price of altcoin due to mainly couple of reasons:

1) Not many people are interested in this altcoin considering there is not much volume and no surety about its future.
2) Generally this are being bought and sold in groups due to which mainly price is manipulated.
3) Altcoin main purpose if for the profit of owner rather than making it stabilized and survives for long is not the main motto.
hero member
Activity: 3010
Merit: 794
May 31, 2017, 04:06:09 AM
#19
 Lips sealed
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie
No one really knows on when an altcoin would pump or dump but if you are already a professional trader you will surely seek up on the most slight piece of information roaming around about news or developments of a certain coin which can cause for it to increase its price later on together with technical analysis you can somehow increase the possibilities that you can able to set-up a good trade with alts.
hero member
Activity: 770
Merit: 500
Bazinga!
May 31, 2017, 03:52:46 AM
#18
you can't!

and that's the problem. why do you think so many people call trading as gambling, that is why. altcoins are extremely unpredictable. it is simply because of the manipulations. there are too many whales with a lot of money in the market and altcoins are too small, and sometimes they even have a large part of the coin itself like etherum and they can dump and crush the price at any moment.

this is why i am always surprised when someone says "i want to invest in altcoins for long term"!
legendary
Activity: 882
Merit: 1000
May 31, 2017, 03:40:40 AM
#17
You should analyze the various information about the coin on various sites and especially do a statistical analysis on the graphs of the preferred coin.
Yes we must have different analysis before choosing an altcoin for trading. It's recent high and low levels kind of all statistical information will ve very helpful to decide it's potential. There are many trading tools are available to make our job easy but we need to have proper knowledge so that we can interpret them effectively.

Pivot point analysis is one of this kind will be more effective in determining how prices will move. But we need to know how to use pivot point analysis for one particular altcoin trading.
sr. member
Activity: 406
Merit: 250
May 31, 2017, 03:40:19 AM
#16
I don't think that anyone can predict the movement of altcoin accurately as its never will be in our controls and you just need to go with an flow as there are many coins that disappears even with an blink of an eye so you need to be very careful before investing and you research will only help you in taking a next move.
sr. member
Activity: 406
Merit: 250
May 31, 2017, 02:15:51 AM
#15
For me i think you will search for the coin that you want to buy, their background and if they have a good projects then you can decide if you want to invest or not, and look if they have a potential to increase its value that is the important thing to see or to know in altcoin
hero member
Activity: 1106
Merit: 502
May 31, 2017, 01:39:02 AM
#14
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie
It is very difficult to predict coins unless they are familiar with coins. I only know one way to predict a coin, which is to wait for the latest update or follow the latest updates from the official web or from social media. Like twitter. I've learned to read the charts and studying the candle makes me dizzy ...
sr. member
Activity: 404
Merit: 251
May 31, 2017, 01:26:49 AM
#13
You should analyze the various information about the coin on various sites and especially do a statistical analysis on the graphs of the preferred coin.
hero member
Activity: 490
Merit: 501
May 31, 2017, 01:21:57 AM
#12
It is so hard to established a certain formula for altcoin trading that will work all the time. Those new coins that recently got a successful ICOs will most likely go up in value once they are already in the exchange. Another factor to consider are nice reviews and good news related to the coin most especially if there would be linkages with reputable establishments.
hero member
Activity: 882
Merit: 500
May 31, 2017, 12:50:41 AM
#11
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie
Here I am much experienced in the trading of altcoin now .
Since it is simple for a altcoin that the news , and viarl news about any altcoin at the international level made the altcoin much famouse .
But still these are for small time .
Here I have a some simple ideas about the altcoins trading and prediction .
If any coin get rises fast and then get dropped to few thousand dollars then make buy again because it will again rise ( my 6 months experience )  .
Always buy those altcoins which have price around 1-2 thousands doller with the 400-500btc trade volume , because future of such types of altcoin never goes down because of the demand .
Last prediction is depend upon the segwit launch , I mean to make a particular altcoin more secure , so that no one can attract at that altcoin , so more and more people will attract toward that coin .
legendary
Activity: 2758
Merit: 1228
May 31, 2017, 12:15:22 AM
#10
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie

Just visit the coinmarketcap.com so that you may have some little info upon coins pump since the listed coins above their are potential coins at stake, And also Aside from your inquiries I don't think theirs a way to predict those movements since altcoins flactuation are pretty much mysterious and even expert traders cannot tell the exact prediction on its movement in 24hours time.
legendary
Activity: 3472
Merit: 10611
May 31, 2017, 12:08:02 AM
#9
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie

there is no way to know for sure.
you can always use some technical and fundamental analysis on each of the altcoins, specially on the big ones and it may give you some good ideas.
but for the most part, altcoins move based on hype. when a news comes out about them that attracts attention in the community they usually get pumped. so watch out for news. but it is not 100%.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
May 30, 2017, 09:11:52 PM
#8
No way to know with certain the future of an alt coin, but you can see some aspects, like if the developer team is professional and trustworthy, if the alt coin offers features which are interesting for investors, if there is a movement behind the altcoin to pump it...
sr. member
Activity: 546
Merit: 258
I could either watch it happen or be a part of it
May 30, 2017, 08:29:53 PM
#7
Prediction is hard to make whether it will rise or fall especially on altcoin prices. Just study some information about their Announcement thread if there are any development from the developers. This update is very significant in making decisions. Do not rely on trollbox, there are whales who are in the business of pump and dump just to profit. You may lose your bitcoins here.

Prediction means it's not a 100% sure. Just like everybody here says, be updated and always read every pages of the thread to see how things are working. Every updates is important and the ICO or how the ICO progress through time is one of the factors. Also when you go into trading you will learn along the way. Build up some knowledge and you'll see that when you have experience you wont have a difficulty if the alt is good or not.
full member
Activity: 230
Merit: 100
May 30, 2017, 06:30:04 PM
#6
Prediction is hard to make whether it will rise or fall especially on altcoin prices. Just study some information about their Announcement thread if there are any development from the developers. This update is very significant in making decisions. Do not rely on trollbox, there are whales who are in the business of pump and dump just to profit. You may lose your bitcoins here.
hero member
Activity: 700
Merit: 500
May 30, 2017, 06:27:13 PM
#5
You need to check the initial price of the coin which should be below $1 per coin during the ICO and then the minimum amount raised, market volume and number of investors. Depending on that, we can predict whether the coin's price would fall or rise. More number of traders means the price would either be stable or would keep rising. Other coins depend only on market volume and number of traders and their price starts from $0.01 which can then grow like bitcoins (example Ether and Dash).
although the prediction of altcoin is just like prediciton of bitcoin. you need to study about the coin where you want to invest you money. you can use ICO from where you can also get good information about the coin.
legendary
Activity: 1596
Merit: 1011
May 30, 2017, 05:54:35 PM
#4
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie
Altcoin is a highly predictable digital currency price movement. Because altcoin depends on the vision and mission of the developer. Besides the small number of people who have wealth can easily do pump and dump. If you want to see the movement then you should always see the market in exchange, you will be able to do trading like that. If you use bot i am not sure you will be able to get the best result. Try to do the analysis and also see the graph at any time. That is the most important thing in trading altcoin.
legendary
Activity: 2632
Merit: 1094
May 30, 2017, 05:05:52 PM
#3
You need to check the initial price of the coin which should be below $1 per coin during the ICO and then the minimum amount raised, market volume and number of investors. Depending on that, we can predict whether the coin's price would fall or rise. More number of traders means the price would either be stable or would keep rising. Other coins depend only on market volume and number of traders and their price starts from $0.01 which can then grow like bitcoins (example Ether and Dash).
legendary
Activity: 3052
Merit: 1188
May 30, 2017, 04:13:16 PM
#2
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie
Only by closely watching you may get those information. No one could analyze better than you for your trading. So do not expect someone will be listing all your required data. You need to generate them for your own use. When you will be continuously watching market you will get ideas to generate them.
sr. member
Activity: 1050
Merit: 250
May 30, 2017, 12:22:22 PM
#1
How to analyze or predict an altcoin? And how do we know the coins will rise or fall ?? Sorry i am a newbie
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