How to See the Future of Altcoin?

[Bastime]

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.

[Herlina]

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 altcoin
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

[nabilanur]

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.

[AleksandrKosov]

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.

[Ctn]

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.

[dealung]

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.

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.

[pia19]

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..

[JohnsonX]

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.

[cryptopussies]

For me a good altcoin have good developers,product ready,cheap transaction rate,a clear roadmap or long term plans.

[aoihs00]

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. :-)

[BUSTEDCLUB]

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...

absolutly agree, but some user experience when use that alt can be so much meaning. i mean if user have good experience they can share that to other user and that alt become mainstream people adapt to it

[SONG GEET]

- Good and clear roadmap on how development will proceed.
- Team with past experience in the department he is tied up with
- Perfectly launched ICO
- Something like beta platform to show investors during ICO
- Real life use case or should solve existing problem with crypto
- Other than this hype, huge marketing campaign can also pump the price of coin temporarily after listing.

[TheAlchemist]

- Good and clear roadmap on how development will proceed.
- Team with past experience in the department he is tied up with
- Perfectly launched ICO
- Something like beta platform to show investors during ICO
- Real life use case or should solve existing problem with crypto
- Other than this hype, huge marketing campaign can also pump the price of coin temporarily after listing.

All these moments decide the fate of altcoin in the future. Now you can often see a sharp drop in prices after ICO. Since the price is artificially overstated. Only time can put everything in its place. To remove the husks of marketing, to dispel empty promises. And then you see the real future of a particular coin.

[Hannahanto]

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 future of every altcoins depends on their services. The altcoin concentrates on capturing the market, stands outstanding. It's the team and the services would uplift it's growth. So read out the project details and the profiles of who is going to be handling behind.  This will assure you where to invest.

[Zuilhsa]

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.

yes we don't know which altcoin will survive which one will vanish away, mostly depends upon the development, marketing and investors, the coin with all these perfect has the good future.

[henryfekok]

Only half of your reply I can understand. I'm interesting of white paper. Is that same with road map?
Is there any alt coin become scam, umh, I mean that alt coin maybe disappear from exchanger site or the price too low -- lower than 1 satoshi--?
What is better comparison for alt coin rate? bitcoin or usd or our local currency?

[Navigo]

These are very dark times for altcoins due to Bitcoin show. I think some coins will show a pump trend again in the future. It's been a while since we saw some real rise trend for altcoins anyway. Also, big investors will want to increase their btc. In order to do so, they need to bring some pumps into altcoin market again.

[AgatioX]

One of the key important features of good alt is decentralization.

Maybe thats why XRP is going down non-stop - because it is developed for banks (wich are classically centralized as hell).
i believe in KMD and all other decentralized coins with good privacy.

[webmone]

To see the future of any altcoin you must know a lot about cryptocurrency and read much about each alt. You should learn to compare different coins and find real diamonds among small alts. You must constantly monitor the changes on crypto market and make your own conclusions based on the ups and downs of coins. And much, much more, sure.

[sukamasoto]

Some altcoin may have advantage that bitcoin doesn't have. That's why many ICO occur recently as they compete each other to be better than bitcoin.
Altcoin still have a potential and yield more profit compare bitcoin but it's difficult to select the correct one. That's why most trader already prepare for loss and dare to take the risk for unexpected profit !