How do you determine potentiality of any Altcoins?

[prtty2gal2]

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.

That will be insane for someone to use pump and dump variation to judge the potentially of a coin when everyone and even newbies knows what usually becomes of this type of projects at the end. Most projects that are usually subject to his are manipulated by whales and most times classified as shitcoin.

The major thing that should guarantee potentiality of a coin is if the teams are real, hardworking and if they have a real life working project, then it will be certain that they have the potential to deliver and always remaining In the market without die off. These are the things that tell me how potential a coin will be.

[attech21]

In determining the potentiality of an altcoins we must know ofcourse on how it is being runned or managed by team. So in this case, we are about to get inform about the said alts. Because nowadays as the cryptomarket grows scam alt are also fast growing. So to determine a potential alts join only in an alts which you can get benefited by it like the Dencoin tokens.

[sakuragi21]

There's a lot of things to be consider in looking the potentiality of an altcoins. Ofcourse if it seems to benefit you in about joining then no doubt you can be part of the project. But, trust only the best alts like Dencoin which has a good platforms offers to the cryptomarket. Because other alts may look so fine but behind it, behind their team it was just a fraud tricking people to steal theis investment.

[andika2018]

In determining the potentiality of an altcoins we must know ofcourse on how it is being runned or managed by team. So in this case, we are about to get inform about the said alts. Because nowadays as the cryptomarket grows scam alt are also fast growing. So to determine a potential alts join only in an alts which you can get benefited by it like the Dencoin tokens.

When project first run, the team behind the project looks solid but with sometimes the team separate in middle of project. Its hard to determine potential altcoin but i always prefer choosing altcoin from big exchangers because big exchangers wont put risk on their reputation by listing scam or pump and dump altcoin

[smyslov]

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.

Agreed, there are coins that were created for just a pump and dump and these kinds of coins just died a natural death because there 's no usage behind it, there are also platform based coin, but most of these coins are also failing because they cannot keep with the competition, projects like Ironx, Becent Xera and many other coins are exchanged based coins but they became all total failures.

[Mypanara19]

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 like your post and you are very right that before we join any crypto project we must determine the potentiality of that coin ans/or token and it is true as well that one factor that could determine a good and stable coins is its uses that it will play in the market and for the people in crypto world, it is also very important to see and feel the efforts of the team to make it more big in the arena.

[elitemobb]

First of all, the project’s success is told by its team and their product. The demand for a project token also depends on these two factors. When I choose a token in which to invest, I carry out a detailed analysis of the project, weighing all the factors that can influence its development and only after that make a decision.

[labenea]

for sure, I determined it at the beginning before investing in it, coins that have great potential are usually coins that have many users and that is indeed proven. so before investing with them, make sure that they have price developments and also many who use them.

[wxxyrqa]

It seems to me that first of all you need to study the history of the ups and downs of a single project.  If the price of a coin has reached a very impressive maximum, then it will definitely show such results again.  But if today such a coin shows low results in price, then there is no need to make hasty conclusions, since the entire cryptocurrency market is in poor condition.

[guoyu78]

For me is that how it can be use in a real world because if the main reason of that altcoin is to increase its value in the exchanges but have no real use well it's nothing. It is full of hype and no reasons at all to continue supporting it. The future of it matters, not just how you make money by doing pump and dump because in the other hand there are investors lose their money because of our selfishness.

Does not matter if it can be used in the real world or not if the owners of the tokens/alts themselves have no intention of ever using it. Remember, Bitcoin did not have real world use for years, until people started sending each other btc and buying things and paying for things and accepting it as payment for things.

I think you are very right about this, most good exchanges list only coins that has good product so they don’t tarnish their name, I have always known this and this is why I have limited my participation in some coins to the ones that I get on exchanges like Binance, but it still doesn’t stop there, I make sure I still do further research to be sure of their future existence, because it is not every project that you see are good now will be able to sustain its function for a long time, some of them will still die within 2 to 3 years because of lack of maintenance.

The only thing that makes me determine the potentiality of a coin is when I am sure that the team has very strong business experience for years and has been able to sustain them for years till date.

[Dpat]

To know the potentiality of any altcoins you should first look at the daily trading value of the coin in terms of BTC or in dollar value. If the trading value of the coin is minimum 5 BTC per day then invest in this coin at low price basically in the bear market. And you must see in the future the true value of that altcoins.

[tins]

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.

I then explore its expansion in the future, for example, EOS is a new blockchain, when they start, they do not have products or platforms to use. When it comes to understanding a lot of other information such as the team as well as investors, why do they put money into such a project to assess whether it is potential or not?

[ethersalvation]

I generally would consider:

1- Technology behind. Is new, has a sense or is just a clone?
2- Marketing. Do they have an innovative marketing?
3- Volumes. If already on exchange since months, do they have real volumes?

[ethereumhunter]

It is hard to know the potential of the coins which could increase but I only know that as long as we can invest in the top 100 coin list, that will be worth than we invest in more than top 200 coin list. The top 100 coin list will be enough for us to choose so many potential coins which we can buy and in that list, I am sure that we can see more than 10 coins which can increase higher.

[bitgolden]

for sure, I determined it at the beginning before investing in it, coins that have great potential are usually coins that have many users and that is indeed proven. so before investing with them, make sure that they have price developments and also many who use them.

Hat is actually one of the fastest and best way to lay hands on a solid projects, but the thing with this is that by the time you wait for the project to fully develop and has so many success story which you will definitely hear for you to make investment, the project would have become expensive in value, and you know that investors wants cheap coins they can buy, but they forgot that it is not about how expensive or cheap the value is, it is about the future.

A coin could cost $100 today and have the potential of turning to $10,000 as long as it has a product working, so we should not look at price but future of the project.

[Jpti]

The crypto market looks like a coin rising in price is considered as a good one without judging its technology, goals and team. So most of investors and traders consider price of a coin when it comes to value and importance of a crypto project. But the reality is opposite. We must consider project goals, team  and technology for its importance and value. Price hype may affect even a bad project.

[automaticmoney]

Their technical team and their timeline and new tie ups and their blockchain events participation and their innovation in their blockchain project and supply and their test net All these points are potential developments

[efrenbilantok]

I view an altcoin as a potential when they have a good team and a good background of experience in their roles, their progress and initiatives towards their goal are continuous and keeping inline with their roadmap

[MonaLeeTracy]

I view an altcoin as a potential when they have a good team and a good background of experience in their roles, their progress and initiatives towards their goal are continuous and keeping inline with their roadmap

as an investor using altcoin is indeed a step like you needed and because the conditions and situation of the current project are many that contain fraud and we must be careful with it all

[joseyphil82]

Apart from the teams and how dedicated they are I'm more interested in what will keep the coin or token alive ,more like a usability or working product,this way it will never lose value