How to judge the value of Altcoin is worth investing?
for me an altcoins with real product, real usage and supported by strong community with smart developer team is good to invest y friend
for example ethereum
Topic: the value of Altcoin - page 3. (Read 497 times)
for me an altcoins with real product, real usage and supported by strong community with smart developer team is good to invest y friend
for example ethereum
How to judge the value of Altcoin is worth investing?
Talking about altcoins, it should mean that coins listed in the market and not ICO. Basically, I would check the history of the coin whether it has a future to grow or not before putting my money in it. Usually the most successful altcoin to invest are those coins with high volume and low price with a considerable supply.
not all altcoins are worth buying because of several factors
1. a team that is not real / inexperienced so it cannot develop the project and is finally abandoned
2. Projects die because project ideas are not valued by investors and the public
so to be safe you just invest in the top 10 altcoins in exchange
1. a team that is not real / inexperienced so it cannot develop the project and is finally abandoned
2. Projects die because project ideas are not valued by investors and the public
so to be safe you just invest in the top 10 altcoins in exchange
It would be impossible to judge the coins value,
But if you really want to know if they are worth it then do some research about them if their team is legit or just another scam,
If you think that they are going to survive for a long term because their project have some back ups then it is worth it.
Look for their white paper,see if they are really following their road map,look at their partnership.
But if you really want to know if they are worth it then do some research about them if their team is legit or just another scam,
If you think that they are going to survive for a long term because their project have some back ups then it is worth it.
Look for their white paper,see if they are really following their road map,look at their partnership.
looking for an appropriate ALT value for investment should undo it dude cause the best long term investment is BTC, my sugest if you want to invest in ALT don't look at the value but look at the industrial development of the product and there are actually many but I can't say that you must to read the often news.
unfortunately in 99% of the cases you can't because the "value" of altcoins is mostly determined based on hype and their pump and dumps rather than their utilities. for example there are currently useless junk coins in to 10 altcoins that technically have 0 value for example XRP and BCH are completely worthless but they still have a price because they are centralized and have been pumped by their pumping teams so you can't really evaluate or predict these things.
similarly because of the manipulation and being pumped, they have equal chance of crashing and going to zero.
similarly because of the manipulation and being pumped, they have equal chance of crashing and going to zero.
c) hype - have they managed to generate hype already
i don't think you can judge the price of a coin with hype, the hype will just drive the funding up, but later on the price will go down alot because of the lack of development, there are alot of coins out there that experienced hype from their project and most of them don't have real development with their project.
One of the most important things should be the market evaluation, meaning: what are they trying to produce and what would be the market for it
Team is important, structure, etc... but if they are only dreaming about a product, or if they are selling something that already exists (for example), they won't stand a chance...
These days, with so many alts, this is becoming an art...
Team is important, structure, etc... but if they are only dreaming about a product, or if they are selling something that already exists (for example), they won't stand a chance...
These days, with so many alts, this is becoming an art...
I usually try to look at the following: a) whitepaper - is there something new, some new crypto feature they try to develop, a new angle on existing problem or it is just a copy paste of other whitepapers, b) team members - are they distinguished members of the crypto developers community or anonymouses, c) hype - have they managed to generate hype already, d) general look and feel of their website - does it look like many other website of similar content.
How to judge the value of Altcoin is worth investing?
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