Topic: How to See the Future of Altcoin? - page 8. (Read 1723 times)
It could be tricky! I mean the altocinb are as volatile currency as the bitcoin itself. What you can do is you can create the investment portfolio from the different coins and try to wait for them to pop up naturally. Never invest into the coins which are artificially pumped because they can’t be trusted for the long term investment and may make you loose your money.
Yes, you can always read about the development updates as everyone here is suggesting about that because that can lead to increased investment into the coins and hence pumping them naturally. I would always invest into coin which is having lots of discussion going on in the forum. This place talk the truth about the coins so I can be sure I’m putting my money into right direction. :-)
For me a good altcoin have good developers,product ready,cheap transaction rate,a clear roadmap or long term plans.
The most important factor that can make a currency popular is marketing.
Well marketing can make almost anything popular. But maybe another important thing with altcoins is mining profitability. the more miners like an altcoin > bigger community > more popular coin.
There are no exact way to know the future of any altcoins. What we can do is to make predictions on its future based on its existing performance in the market. In my opinion, no altcoins will last forever, its only a matter of which last the longest. Altcoins future depends on its status today, its trading, its investment, and its value. Also if more people will use the altcoin, chances are it will last longer in the circulation. Also there are many altcoins out there that are actually the same in purpose, so altcoins that are unique in its purpose and development are usually has a greater potential in the future..
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
I think in whitepaper every project has been explained and I like to read it. This is an easy and very effective way, so we'll know which projects are good or not. The main factor is as a payment processor, if many people use it, then the asset value will increase, because many people will be interested and buy it, this is good for the future.
Im not sure about new coins which will be announced henceforth as the ICO are now getting more scam day by day.
I always advise people (just didi no another thread too) to invest into coins which already exits. For them we have chance to be sure the our investment can be grown periodically once they develop their projects according to the roadmap they have. YEs, the roadmap should be fixed into our minds because we must cross verify that they are developing the project according to timeline. This makes sure that investors keep up the pace of investing and once the product is finalised it could lead to global investment and increased value for the utility coin. The study should be kept same throughout the projects and remember time is big player in the crypto currencies. It pays you.
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
The most important factor that can make a currency popular is marketing. Even if it is a shitcoin, marketing can take it to the top, take a bitconnect and others. For a long period of time, only technology can make a coin popular and stable. And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
Altcoin future is good.because day by day we see that all altcoin price are increasing. So I think, it's a current position of all altcoin.
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
You must understand the concept of altcoin that you want to invest After that you have to assess the progress of altcoinAnd....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
If the team works well then you can hold the altcoin. If not you can sell it because a good concept would be useless if the team didn't work well
altcoin is dump for bitcoin, you have to see past and present position of altcoin, then you can understand future of altcoin. so you can research which altcoin are better for future.
Not all Altcoin are made to become the rival or competitor for Bitcoin. Bitcoin and its hard forks, Ethereum, Ripple, Waves, NEO, monero and other top Crypto-currencies or Altcoins are already there that can be used as digital monetary assets and trades.
This time ICOs role are to specifically designed for the services, like gaming, gambling, real estate, banking, environmental purposes and more. These ICOs or Altcoin in behalf will focus on each field and they're not actually act the same with Bitcoin.
To see the future of an Altcoin can only be determined when core devs, marketing, investors and supporters were up into the future plans to sustain the stability of their coin value. Otherwise, it will not succeed and will have no future.
Today, the only thing that can be determined that an Altcoin has the future is when the value is rising and not dropping.
That's very simple to conclude that an Altcoin will succeed or dying or will be vanish after time because every Altcoin are relying on core dev, support, marketing, investors and supporters and without these groups - an Altcoin has no future at all...
That's very simple to conclude that an Altcoin will succeed or dying or will be vanish after time because every Altcoin are relying on core dev, support, marketing, investors and supporters and without these groups - an Altcoin has no future at all...
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
If you glance around this forum and research the coin that you want to invest in you will find that there will be information on newer coins that can help fill your collection. And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
altcoin is dump for bitcoin, you have to see past and present position of altcoin, then you can understand future of altcoin. so you can research which altcoin are better for future.
The things you mentioned like algorithm and developer are good measures but they may not be enough to really asses an ICO. You also need to look at the ICO's team, transparency, whitepaper, and real world use. You have to make sure all of those previously mentioned match and check out. But even then, a well planned ICO can have all of those covered. You can even go further and ask for a contact number or physical address.
There will be many more ALT coins. Thing is would one call Etherem an ALT coin?
Is NEO an ALT coin.
All the time the are referred to at ALT's Bitcoin will always rule.
I am not so sure you know what the term Altcoin means.Is NEO an ALT coin.
All the time the are referred to at ALT's Bitcoin will always rule.
Having Altcoins means that you have crypto coins that are not Bitcoin. Ethereum is one of those coins.
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
First you have to check that what is the purpose of creating the coin and what are the projects and how much are they promising , let the price be drop in starting but when the projects are on live then you can see how much the coin will flourish up.
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
Dont consider the price only. Price just a factor.
You have to see the concept , white paper, whats the back team qualifications and head experiences, roaf map
Do your own research. Not a rocket science.
Dont go for the price i also done similiar mistakes when i am new
no one knows the future of altcoin, but everyone has their own analysis of altcoin. I think a coin must have a purpose for what the coin is made. not originating.
There will be many more ALT coins. Thing is would one call Etherem an ALT coin?
Is NEO an ALT coin.
All the time the are referred to at ALT's Bitcoin will always rule.
Is NEO an ALT coin.
All the time the are referred to at ALT's Bitcoin will always rule.
Let me ask you about what should I learn to know the future of altcoin. I heard some term like algorithm, dev and other. What factor which are make altcoin used by more people, i.e for trading, payment processor or others? For example, in my community most of people use dogecoin due to low fee. Any other factor than fee?
And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
if there is a way to see the future of altcoin then everyone who knows how it will be rich! And....if new coin announced, how to see that coin maybe promising or not?
Thanks in advance for your reply.
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