Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: Dremeber on January 23, 2018, 01:07:03 PM



Title: How to set a future price for a coin?
Post by: Dremeber on January 23, 2018, 01:07:03 PM
If we step into a coin, we have a strong believe in it. Together with the investment, you should have an idea to which heights a coin can get.

Mine price settings are mostly based on :
- the marketcap of the competitors (if there are).
- if I do believe that it can become a top X coin and see what marketcap that is.

but here it stops for me. No other ideas.

How do you set a target price for a coin?

Thx


Title: Re: How to set a future price for a coin?
Post by: seo-maestro on January 23, 2018, 01:38:04 PM
Learn about Fib levels - it works very often in price prediction


Title: Re: How to set a future price for a coin?
Post by: sweerty1 on January 23, 2018, 01:51:51 PM
In general you should join telegram groups with developers and ask them about situation. This will hep most in the long run. Anyways future price of coin is also deeply affected by supply and cap.


Title: Re: How to set a future price for a coin?
Post by: Poink on January 23, 2018, 03:50:59 PM
You can't.  We will all be rich otherwise. ;)

While project idea/solution, team, coin count, market cap, marketing, country of origin, etc. play as factors...populace adoption is the biggest thing which cannot really be predicted.  This is the reason P&D work so well in crypto...even when they do it on really shitty coins.  The illusion of fast and massive gains blind a lot of investors because of FOMO.

You can, however, increase your changes by doing your research on all of the enumerated items above.  Then form your own conclusion.