How do you determine potentiality of any Altcoins?

[KrakenZ]

I am a crypto currency player who is very happy with trading. I determine a potential coin or not in a relatively simple way. I usually see this from the price movements that occur in the market, seeing the activity of buying and selling coins, I see the demand and supply of coins in the market, I see growth regularly, and I see the volume of the coin. I analyzed all these things to determine that the coin was really potential and would be profitable.

[oemar bakrie]

assessing tokens is good to see from the developer team itself has the potential to advance the token itself or not..

[Shova]

It's mostly hit and trial but following crypto news may give you some early insight for upcoming events that may lead to rise or fall of price of a coin. If you are early to pick them up, you could have a profit from coming herd of buy or sell.

[chocopapaya]

There are a couple of base requirements that I have before I even start to look deeper into a project.

They are:

#1 Has to have a working product
#2 Has to have a dev team that is open and communicative
#3 coin/token has to have an actual use case

If a coin meets those three basic requirements, then I start looking at things like marketcap, circulating coins, how many goals they have met on their roadmap, etc.
After doing so much research and talking to so many different projects over the years, you do get a good sense on what companies will survive and which ones will fail.

But, with that being said, it's been a long time since I've invested heavily in an alt.
I have already picked the ones I want to stick with and I don't think it's wise to do more than three coins.

[rachman mahesa]

It's mostly hit and trial but following crypto news may give you some early insight for upcoming events that may lead to rise or fall of price of a coin. If you are early to pick them up, you could have a profit from coming herd of buy or sell.

Yes, that's one that I often do. Because good news certainly will have an impact on prices to increase and often occur. Therefore, I have now joined many telegram channels and crypto blogs that often update the latest news if there are altcoins, for example working together or others.

[arifteguhr]

Products / platforms are important things that will be a development in the future. as an example of investment from ETH When they were not used by Projeck ICO as a platform. the price is still cheap but their concept is so interesting. and now the increase in prices of ethereum is already so large.

[Markperop]

It seems to me that if we are talking about ethereum and its competitor, then first of all the user of cryptocurrency determines the relevance of the platform among the developers of new projects.  Of course, you still need to look at the quality of the projects themselves and then we can draw conclusions Which altcoin is best to choose for investment.

[Kemileye]

The potential of an altcoin can be determined by mere looking at the use case of a particular project in real world. Most of the altcoins we have in the crypto market lacks use case in real world that why they fail abruptly. In addition, potential of a project can also be determined by the team behind the project.

[MMA Rats]

Perspectives of a project determine its productivity.  Also the number of people who use it is very important.  The more advertising the higher the popularity.  The lower the price, the better the demand.

[SistaFista]

Some potential altcoins is defined when you able to see the team take quick actions to run the developments.
For example, they always keep you updated, listing on some exchanges in quite short time, launch some marketing activities like press conference.
Many altcoins created just for quick cash by the developers, and we don't want to buy such coin.

[idham29]

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.

I see the potential of an altcoin based on the volume of transactions on the market and price increases in the previous few days. Because from there it will be known whether the coin trade is crowded or not, will affect the price. Prices will rise if demand is high.
It takes patience to analyze because the right time to buy is very influential on the results predicted by coins in the next few days.

[DainSLane]

If you have ability to determine potential of any altcoins i guess you are very lucky that you were here in crypto industry, you can earn a good profit anytime if you want because you have good strategy to find the potential altcoins and you will never go into shit coins.

[studio1one]

The first thing I look at is the whitepaper if I think the whitepaper is solid than I go and check the team to see if they can really deliver on the promise or not. Plus the total supply of the coin also plays a bit of a role in decision making.

Also, I have a slight weakness for coins that have anonymity in it.

[pungopete468]

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.

The concept or platform offered must be able to attract the interest of the community to be able to determine the potential of an altcoin. if indeed the community itself is not so interested, we better avoid investing. because the risk is quite large

[ky123]

i think it's very important to make sure that you do your own research and talk to the people in charge of the project if possible - check to see if the project is thoroughly thought through and if the solution proposed is interesting/innovative. some ICO projects go through advisories or platforms that have successfully pushed out other ICO projects that eventually got listed on an exchange. for eg out of all the new projects running right now, BCART Blockcart is a pretty good one. Airdrop and bounty is still live! Haven't seen any blockchain projects that target online shopping/e-commerce specifically yet, so was interested in this one for the concept. As for current altcoins present on the market, same rules apply - make sure there is good communication with the team and project in charges, that they promptly reply their social media account etc.

[naruto7676]

It is easy to determine the project that has potential altcoins all we need is to study the project and make research about the project and if we see a good product or good aim of the project then we can go and invest.That is one of the best way to look for good altcoins and new projects and this project Dencoin tokens is no need to review because it is proven and tested so you can go to this project and make investments.

[lobcmt2]

It is hard to say it in generalized way, because there are few things to consider: innovative things that specific altcoins give and provide; procedure to support their users when issues occur, and period required to fix things; and projects' ability to figure against the most terrible scenario; or survival capacity over worst periods of crypto. Those ones are very easily to see in top altcoins. Therefore, I suggest to keep investing in top altcoins when investors don't have good ability to screen projects and find good ones.

[Anc92]

Most people judge by pump and dump variations and I honestly do not blame them... if you were in for the quick buck, it'll be the same. When however, you are more concerned about future prospects and profits that can be achieved by playing the long game, it's always better to go with your assessment - search for projects with viable use cases that have the potential to be adopted by the masses just like this.

[crispyfry211]

The potential of altcoins are depends on the exchangers they list the tokens and if the will list the tokens in cheap Exchanges obviously it has no potential but if they will list it in good exchangers then it will be good and has the potential like the Dencoin tokens that is good project and they will list the tokens in top exchangers so buy and invest in this project.

[Stake13]

If the altcoins are from good project that they will list the tokens in good exchangers then that altcoins has the potential to grow like this project Dencoin tokens that has the potential to grow in the near future so make investments while its available in ico.