How do you determine potentiality of any Altcoins?

[Mpamaegbu]

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?

Hell, capital NO!

Price rise doesn't really connote potentiality of a coin. We have seen in the recent past where certain coins came crashing within 48hrs and were outremember. Does anyone still remembers Bitconnect coin, Firstcoin or even Regalcoin, just to mention but a few? For me, what makes a potential for coins is the Use-Case value. This is the factor for me. For instance, look at what BNB is doing. It has become the absolute coin for buying in any IEOs Binance does. BNB price will continue to soar because of this.

[blueteam09]

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.

Potential projects are no longer based on the technological foundation developed by the project and the potential of the project depends on support from celebrities or assistance from large exchanges.
We can see that exchanges with very high success rates support IEO projects and most of them are profitable for investors joining the IEO.

[romaleshc]

I don't think price growing show potential of any altcoin. Of course it's really good to see price of any altcoins out there growing day by day but maybe it's just a fake pump made by the whale to catch smaller fishes. I think potential of altcoin depend on the project behind. There are so many altcoin created with good purpose but only few altcoin can do what they said in their idea and roadmap, we should take a look at their product to see if it's a altcoin with good potential or not. Beside I think partner of project behind every altcoin is also an important part to show potential of an altcoin and number of exchange this altcoin listed as well.

[jcarlo]

I don't think price growing show potential of any altcoin. Of course it's really good to see price of any altcoins out there growing day by day but maybe it's just a fake pump made by the whale to catch smaller fishes. I think potential of altcoin depend on the project behind. There are so many altcoin created with good purpose but only few altcoin can do what they said in their idea and roadmap, we should take a look at their product to see if it's a altcoin with good potential or not. Beside I think partner of project behind every altcoin is also an important part to show potential of an altcoin and number of exchange this altcoin listed as well.

Price not reflecting the project is worth to hold for long term. I think to determine the potential project is the company behind the project. Like Binance Coin, the token backup by good and reputable exchanger and i think this coin is worth to hold for long term

[Bdstar]

Before investing, I made a look about team members, Projects background, whitepaper etc.If I am satisfied with these, I'll invest some amount to see how good this is.I think we all invest and hope the price rise soon.If the coin gets dump day by day I don't think anybody will still use that coin.       

[rijaljun]

For me these are function and project team. Potential coins should have a wide functionality to perform in this wide world. Also, great team project is to ensure that the project is not out of way and really deliver what has been planned.

[Cianix]

First I looked at the coin and what it's place is on the market in terms of capitalization , and would have looked a road map for the coin , but I think those coins are now in the top promising!

[thinkright]

Dirst of all a working product with several use cases would be cool, teams commitment and theit motive to expand and extend services or products to new consumers through various means, partneships with other companies. To me a good should have all these.

[Indrawan77]

I agree that price couldn't be the indicator that the coin is doing fine, we need to see where does the high price coming from, if it's from whales then its a pumping but if the price got high and stabilise then maybe a lot of people see that coin is a potential coin, but to know which coin got potential its better to see the growth and the roadmap, see how the developers plan for the coin and how well the users react to it

[rizkyrz]

I have 50 more altcoins that do not have a selling price and there is no market for that, it is very difficult for me to find the right method for selecting quality new altcoin. I tried various methods for altcoin selection but it still ended badly.

[Altcoinrusher]

There are many factors to consider in determining the potentiality of any altcoin and most of them had been mentioned already but I like to emphasize more on the people factor, i mean the developers or team with their dedication, experience and capability and the community or supporters with their commitment and unwavering support behind the project. If these two factors have some issue(s), then I think it will affect the future prospect of the coin becoming a hit in the future.

[BlackFor3st]

Of course, an increase of price of any coin will not determine it's full potential and there is a big risk that it is a trap. Usually the organization that can do this kind of tricks are those who have huge amount of money in order to manipulate the prices without being notice.

If you are a wise investor and a professional trader. There is a big chance that you not will fall to this kind of trick but it is different if we are talking about new comers or newbies that want to explore the crypto currencies. So it's better that we need to be careful in everything that we are going to do so we will not lost our hard earned money that easily.

[Anonylz]

There are many factors to consider in determining the potentiality of any altcoin and most of them had been mentioned already but I like to emphasize more on the people factor, i mean the developers or team with their dedication, experience and capability and the community or supporters with their commitment and unwavering support behind the project. If these two factors have some issue(s), then I think it will affect the future prospect of the coin becoming a hit in the future.

couldn't agree more, i think more emphasis should be lay on the developers or team of developers, because without a reputable and experience team with a reasonable track record of their fields running a project, it will be hard to determine if such project is potentially worthy or not, the team makes the project, price should not be a factor to measure potential but the team behind the project and the entire idea of the project should be.

[Psynthax]

Community — without community coin/token has nothing backing up and thus it can't increase in value.

It caused by the community can give various advantages to the platforms and it's not only the one. But it was giving a huge impact to the advertisement, liquidity and many more. The community will only try to trust the trusted project.

[angel55]

I tend to go with anything that has a big community and strong marketing.  You can have the best technology in the world but without proper advertising you won't find enough customers.  Also I like to go after the low marketcap coins because they rise much faster in bull runs than coins like btc.

[dicaprio]

Project development. If you see that the project is really moving and there is at least some actions on the gitHub, then I think you can already consider this project further. Exactly in this case there will be at least some possibility further.

[Rodriguez1994]

I also identify as you. But no one can predict anything, maybe the alts you see are not good but in the end they raise the price very high. Before I invest in any platform, I look very carefully from the transaction to their platform.

[Saugani]

one of the ease as such developer to build a project and growing community to help the course of a project it's important needs

I agree with you, Github is also good used as one immediately the progress of project because it was like good technical it matters.

Project development. If you see that the project is really moving and there is at least some actions on the gitHub, then I think you can already consider this project further.

so I guess refer back to what is there likely current market on the exchange altcoins (CMC). Look like rankings of altcoin with 1 - 180 so that it will strengthen your thoughts

[Awalt541]

If you want to know the bog project you must up to date for information, and you must know the developer. So if you trust in the project you have to invest your money and be patience for gets profit. Patience is the key.

[labuan]

If you want to know the potentiality if the product you must know the product, you can read a lot about the product in news and whitepaper. And you must know the team of the project, so the money will follow the project nad you will gets profit.