How do you determine potentiality of any Altcoins?

[Christinebeauty]

Most investors are lured into many projects because of the hype, thinking those projects that have gained so much popularity means they have good potentials. To me, a coin with a good potentials is the one that has great team and always work around the clock to achieve their roadmap

[Anc92]

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.

That is absolutely correct in my opinion. That's exactly how I access potentials a coin has. It's very possible coins without any viable use case get pumped massively but in the long run, I believe what will stand the test of time are those who are backed with practical use cases, whose teams are focused on delivering a working product and are capable of driving it to mass adoption as time progresses.

[akram143]

The determination of your potential will not be easily possible because we don't know in the previous stage how it perform in the future but at the end we can see the result based on its potential and in cryptocurrency it will be more difficult to find them properly that's why investment and some amount in good currency is always useful.

[Samkol26]

I always ask myself this same question when I first started, I've fall for rising coin thinking that they have good potential later to find out they are just pump and dump coin.  But later it is all about doing your research well before you invest..  Altcoin with no real product or service will have no potential..  That's just it

[Dobolen]

Determining potential coins is not easy. Because of the many coins that are now growing. Coins with good potential, in my opinion, are the top coins. These coins have very good trading volumes. To be able to know the movement of coins you should continue to do the surveillance. So you can also know when to buy coins and sell crypto coins.

[cris17]

First of all, I check the team, then the idea and how useful the coin will be to the people. Also for me, it is important to see the activity of coin and team, development and growth of popularity.

[Chuky92]

In my own understanding, the potentiality of altcoins depends on what that altcoin is trying to offer or solve. Taking a look at ETH, the team created a blockchain which upcoming projects can launch on before migrating to theirs. They also created smart contracts and host of other features and functions; to me this is the potentiality of ETH, it is what keeps making ETH highly valuable in this space.
So before investing in any project, study the product the team is offering as well as the team to be sure they can really deliver.

[starblocks]

If you want to determine an assets potential first ensure that it has strong fundamentals and that market conditions are favorable and then compare it to how other similar assets have performed historically and you may be able to draw some conclusions from that as to what effects the announcements of new developments, partnerships, and events etc. can have on the startups future value

[zero714309]

Im determine from how project going on and how many people use it. High volume one of the fact so many people trust them and ATH also give some good vibe. Dont forget to see how strong their community. Sometimes altcoin have good developer and team but their community not good it will make the movement little difficult in long term.

[ije07]

I think prices cannot be used as a reference to determine the potential of coins because the price is always changing and the most important thing is the price is "destination"
we can assess the potential of the coin by looking at how much the total supply of coins is, what concepts are carried out by the project and who is behind the project
that's the way I use it

[shoreno]

For me , i only read the labels of the coins if i see that i coin is useful i also think that a coin will be indemand in the future but in the case of popular altcoins  . i dont usually do a research but i do invest on them automatically since they are already proven and tested to bring profits   .

[Nickz46]

Its really not easy to determined the potentiality of any altcoins. Because there's a lot of altcoins that grow faster day by day. But for me, to determined its potential you must know the altcoins platforms which proposes good offers to the marketplaces. Like the dencoin which designed to link buyers the seller and the investor. They make it also possible for the holders to trade, nuy or sell with their crypto currency dencoin.

[CryptoLing]

I have stacked some shitcoins for the bull run, usually my main category are from the fundamental point of view. Does the coin have a decent team, what is the roadmap, what kind of technology they are building. But this kind of shitcoin will probably pumped last on the bull run.

[Jpti]

I do not think price of a coin entirely determines its value and significance. There are many coins with good technology and goals, but their value is low. It seems the crypto market is influenced by advertisement. If you extensively advertise anything, bad or good, it will surely catch the attention of the people and become popular.

[bgaf]

The effectivity of the project depends on the working product if they have a very useful platform that can cater lots of user and can be applied to many use cases then the potential of their coin is not limited and could probably gain in price later on. How mamy projects are likely to be like this? Actually only few. Many projects are often regarded as scam due to focusing on presale and token sale event alone. How about the most important part the product? No, only promises of releasing always SOON.  Whoch clearly not a good sign for a new project.

[sempak]

The choice of my project is usually prioritizing their volume and concept. Does it really have the attraction of the community and also whether the movement volume is good enough to be made an investment? this will later make a consideration in choosing

[Aldrinx00]

Well there are lots of factors to consider to determine a good altcoins that will have a great future. The development must be continuous and team must be active on development as well as attending block chain conferences worldwide, the uses cases of the product must be accepted and solve issues regarding block chain technology. For me if an altcoins has this criteria then it is worth investing for long-term.

[maxreish]

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.

Let me emphasize that DYOR is the most common scenario an investor should do. Investing carefully with the appropriate potentially altcoins shall always consider. Looking at the top 10 coins in coinmarket and searching each of them is a plus. You can choose altcoins that remained until now with great platforms and the identity of the team. But of course, a wise investors should know where coins should they put their money. Not picking up just any useless coins that will not give you enough profits.

[RDNX]

As far as I know, these days a lot of altcoins provide the same idea. Better security, low cost and faster of transaction.
I think if some Altcoins can provide a more unique idea that will solve a problem, it will be the next potential altcoins.

[travwill]

For me, the determining factor is how much the project will be in demand in the future. For example, the time for flying toilet bows has not come yet, but for a taxi on the blockchain completely.