Bitcoin Forum

hi, I know it is very hard to predict which coin's price is going up but there some reason that can effect to change of ALTs coin.Can i get proper explanation about reasons which can effect to price change in ALTs coin.

 ???thank you ???

the most influential of the price changes of an altcoin are the large investors of the alternatife coin.

No one can determine or predict for potential coins but I will help you how I did

• Limited Supply and supply/demand.
• Energy put in in the form of electricity to secure the
     blockchain.
• Blockchain difficulty level.
• The utility of the currency, and how easy it is to use and store.
• Perceptions on its value by the public.
• Price of Bitcoin.
• Media.
•  Investors.
• Scams.
•  Market dilution.
•  Innovation.
• Confidence in traditional systems.
•  Legal/Governmental issues

Supply/Demand is a simple economic factor that affects the price of many things like what my prof taught us in the class.always check there mission ,vision and there goal in whitepaper if its sound like too good to be true be aware of them .