How do you determine potentiality of any Altcoins?

[The Cryptovator]

We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?

I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.

So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.

What's your thoughts about it? Let's share knowledge and correct me if I am wrong.

[iconoclast]

I agree, at the end of the day a coins value is determined by its utility. If a coin is just traded on speculative markets and shows very little activity for the purpose it was designed for then the long-term price is not sustainable. One other method that I also use to determine the volume of a coin, particularly ICO's, is to look at the value of assets that project currently has to fund its development. You will often see projects that trade at a steep discount to the money they have in treasury.

[Callanta787]

We already have too many coins and tokens in crypto space  already so all you have to do is make sure that the project you are investigating has something entirely new to deliver to crypto space not copycats ,do research  on the whitepapers first and make sure that the teams are who they claimed  to be, there should be visible location of the project as well as company number too then all the rest depends on luck based on been successful on the market, higher demands the better

[Fortify]

I think it is similar to any type of business. New altcoins will only succeed long term if they have a unique selling point (USP). I'd imagine that 99.99% of altcoins will never make money for anybody except the original creator(s). Those make pretty bad odds for the average person to be able to win. Innovation and security are two pretty important features that will be required in any new coin ideas

[Anonylz]

Actually i don't think anyone can determine that perfectly, there a lot of unforeseen uncertainties that could make a project that looks like a potential one to turn to a disappointing one, also market plays a very important role in this aspect, generally, i think project that has a working product and active team could be regarded as potential although that is not only the yardstick to determine this, but it gives you a bit of idea.

[Ailmand]

We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?

I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.

So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.

What's your thoughts about it? Let's share knowledge and correct me if I am wrong.

I agree, having angood price at the early stage doesn't even signifies potential. In the end the prodict it self will lead the project to be in demand to the market. The team's hard work and devotion to the project along with marketing strategy and community invovlement is a good sign that the main core of the project is really driven to become a big part of the market.

[dentolas]

I agree with you. First of all, the potential can be determined by the useability of the coin, that can give you a prespective of the potential adoption...
this is tricky because sometimes there are projects that seem to be very usefull, but then you find out that there are similar projects already in use, or that the current system is more practical and no one will change...
Very important is also the economics of the project and the team...
I try to choose altcoins through this characteristics and then I choose a good entry price  

[bittraffic]

I don't really know much what to look for to strategically profit when picking which coin to invest. My take is I look at the cheap price and how much volume it has everyday. But I always have to softside of the projects that offer dividends and utility tokens.

How donyou look at the richlist and whether hiw many whales are there in the coin? I thunk this should matter too because the number of whales makes the token less progressive in terms of price.

[Cacingkemi]

The rest of your opinion is correct well IMO There are many ways to be able find out ALT that has potential Including what you say, what's more if communities with the largest population will have that potential. A solid community will encourage conditions in the market so that the lowest price benchmark can be conditioned, growing products in the real world will make prices more mature.

[needtor22]

if this is my experience, to determine Altcoin which has a good foundation and good potential, for me, what I remember now is the movement of the graph and its volume, so I'm sure the altcoin has good potential.

[shiming]

In the world of encryption, if you can find potential currency, I think you will make a lot of money, but in fact no one has this ability, you can only roughly judge, ETH, NEO and other prices have risen many times, but Many of us can't keep it in our hands. .

[blockchainwriters]

One of the main point to see the potentiality altcoin in development is their openness and transparency when they attend blockchain events.In blockchain events, they get maximum exposure to their project with the team members which give clarity of the project

[jentemi]

Point is, you’ve got to choose wisely. You’ll need to do some digging around before finding an altcoin to with ride. And remember that you’ll need to allocate a little time for monitoring every project you get involved with to evaluate it potential.

[samcrypto]

You can see a more potential coin if there’s so many discussion about it and the result of their development is good. Many are just a hyped coins so we really must see a good one or else we will be trap on that. Potential coins may dump in short run but if you look at their future development then you can see their true potential.

[bigcash2011]

I think checking and considering potential of a new coin is a complex procedure that depends of proper analysis, due diligence and also various factors that are directly or indirectly attached with projects success like number of investors, supporters and community, responsive team, quality unique product with massive demand and also liquidity on exchanges.

[alexsandria]

We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?

I don't think that price growth could determine potentiality of coin. For me, I determine potential coin by uses. Its true few coins growth is good enough even there is no uses. But it's only temporary or by manipulated. But if you choose potential coin which have uses and team are too active to develop their platform then it might give you good returns on future.

So before invest on any existing coins you should determine which is potential coin and how it is. Don't just compare growth of price for alts.

What's your thoughts about it? Let's share knowledge and correct me if I am wrong.

I think the potential altcoins to consider would not going to show its potential through its market price. But to the team that is coordinating to the core market about the latest partnerships and investments primarily, big investments that will going to increase its potential market value in the future, through being up to date.

[slaman29]

Honestly, I've personally given up on spending so much time to research the "potentiality" of altcoins. We're all talking about price of course right? BEcause if it's just a bout great tech, great devs, great communities, then you don't really worry about price in the long term.

But if you're talking about x10 and x100, then I think they only thing that matters is the marketing and how much hype people can build about it and who they can convince to develop that hype.

[RasenShuriken]

I usually determine coin for its uses. The more people using it for their use, the more potentiality of the coins. Imagine, most of the coins nowadays is just a trade coin, no one would use it except trading and investing on it.

[Kelvinikke]

Things that i consider before investing into any proeject is the attitude of the team members with regards to their project and how communicative they are with their community. I also consider their use case and how relevant it is because i don't think every development has to have some tokens. I also look at their partners in the develoopment of the project before investing and also the credible team members behind the project. Other than that i don't invest at all.

[sulis sudibyo]

We know lot of Altcoin on the markets with different prices. How you determine which is most potential coin? What method are you using? Few people's are thinking those coin price growing well its potential coin. Do you think same?

no, I have criteria for determining potential coins. First, the platform must be operational. without a platform there will be no real use and that means coins can only be used for investment. second, update. if the active team is sure they always do updates to the platform, every update will always be speculation about the project. third, trading volume. I don't want to buy coins that don't have volume. even if their platform has started operating without but they don't have volume, that means the project failed.