How do you determine potentiality of any Altcoins?

[thesocialyatra]

there are many step in which you can find out the potential of altcoins.
1) go to coinmarketcap check the total supply if total supply is more then the chances of price increase is very slow.
2) if coin is listed on high volume Exchanges like binance bitrex they have higher chance and there 24hour volume is less then 5million then there is huge chance it can increase in 24 hrs.
3) its depend on the team associated with the project how the team work behind on the project. and the partnership with other company
all these factors depend on the potential of the coin

[ethersalvation]

there are many step in which you can find out the potential of altcoins.
1) go to coinmarketcap check the total supply if total supply is more then the chances of price increase is very slow.
2) if coin is listed on high volume Exchanges like binance bitrex they have higher chance and there 24hour volume is less then 5million then there is huge chance it can increase in 24 hrs.
3) its depend on the team associated with the project how the team work behind on the project. and the partnership with other company
all these factors depend on the potential of the coin

I would agree except for point 3. Most of team are fakes and most of their curriculum even of true people are just fakes. On Linkedin if I am an agent sales, i can become a manager, expert in Ico, owner of properties and so on. No one can verify those information so, completely unreliable. I would add that even point 2 can not be true. Only rich companies can be listed on big exchanges. The richest they are the more fake exchange they do with robots to increase their daily volumes. I like to focus mainly on what's behind the idea of the coin, so technology and marketing.

[GabbieBoy12]

For me the best way to identify a good altcoin is to check on how well their performance make in the market. You also need to check their price fluctuations and see if they have potential. Next thing is to check their platform or project itself whether its functional and user friendly. You can also check their ranking in coinmarketcap. Just like the dencoin tokens which are really good and suitable project for the newbie and old investors to make a good future investments.

[jolle123]

Technically to determined the potentiality of the altcoins ofcourse they must open to provide a good investment to their many investors. They must also have  a good whitepaper and has a solid team running it. So in this case, the investors felt safe by having this kind of matters between them and their target alts. I can recommend a good alts that can offer you all about goodness being in the market, this is the dencoin token which is really good for your earning investment.

[Iykecollins]

There is no clear cut rule to determine any coin with potential, some of those rules stated might fail at times, particularly I look at the technical analysis and study the fundamentals, these are the two major factors that contribute to a coin growth. Btc jumped to $8000 this year within few weeks, it was obviously due to TA, nothing again in particular

[MedvedevVasilyS]

There is no clear cut rule to determine any coin with potential, some of those rules stated might fail at times, particularly I look at the technical analysis and study the fundamentals, these are the two major factors that contribute to a coin growth. Btc jumped to $8000 this year within few weeks, it was obviously due to TA, nothing again in particular

but in order for technical analysis to work correctly, the fundamental analysis should work the same way. there will be no traffic without news

[AjithBtc]

It is hard to predict the potential of the altcoins, most of the time the existence of the firm behind the project as well as the userbase it has got over the past before getting into the cryptospace will also be considered. In recent days you could've known about bittorrent, which already has a big userbase as well highly advanced making it a potential altcoin even though it grows in a very slow manner.

[thehulkk]

We have too many coins at the present time and most of them are not applicable to life. So to identify a potential currency is difficult, because most of them don't really solve anything. In this case I think the coin accepted by the market will be a potential coin.

[ChaoChibai]

For me the way to determine the potentiality of altcoins is a little bit tricky. Nowadays so many altcoins in the market and many of it doesn't growing and developing. So i prefer to invest in the top ten coins in cmc though.

[Kwansimaa]

determination of the potentiality of any altcoin comes with research, unless you conduct  research on the coins trend and everything concerning it, you will definitely make a wrong assumption which could or might affect your decision as to whether to invest or not.

[BennyK]

The potentials of a coin or project is determined by analyzing the idea and product of the coin. What is the demand level of product on the market? The team of the project always play a crucial role here as their expertise level will determine the degree to which the project is advertised, run, marketed, distributed and developed.

[ansarose1]

For me, a good and potential altcoins could be determine by its product, i mean the project's outcome and utility that has something to do by its altcoin. It hould be innovative and relevant to crypto markets, products outcome may be useful as it would give a good utility to the altcoin.

[jcarlo]

For me the way to determine the potentiality of altcoins is a little bit tricky. Nowadays so many altcoins in the market and many of it doesn't growing and developing. So i prefer to invest in the top ten coins in cmc though.

Investing altcoin in top 10 coinmarketcap is good choice. Beside that option, i think altcoin with good trading volume is good to invest because have big liquidity and traded in reputable exchangers

[sandra_x]

A number of factors come into play,such as the uniqueness of project,community support,use case,strength of the team, expertise,funds,partnership ,coin emmisions rate and listings are all important factors

[kotyrqq]

Without deep research, you can't estimate the potential of a certain coin soberly.
And I always monitor different news websites like CoinDesk or CoinTelegraph, and CoinMarketCap to see the situation on the market with my own eyes.

Also, I like to read various price predictions from experts or just random forumers. Can't say that I truly believe in what people are saying on the market, but it's interesting for me to learn about their considerations on certain topics or coins, and then I compare that with what I observe in real life.
And yes, before investing in some coin you should identify if it's profitable or not. But also keep in mind your security — there are lots of scams. So, double check any information you see on the Web.

[cak imin]

well, I sometimes see the potential coins of people's interest in the project. sometimes a good project will be an important point. besides, I think the coin always has a new product, I think it depends on the team. many things we need to do before seeing the coin has potential or not.

even when all projects have all that is not a guarantee to make its value grow in the future.
market response is the most important, where many projects reach hardcap and have the support of large investors and large communities, but are unable to make their markets grow, it will not be useful.

[mammoniter]

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.

Its true that there are many altcoins out there and most of them are actually worthless. I think the real potential of a certain coin depends on its purpose or uses. Also its potential depends on the community that supports it. A coin should have a clear function, a working product, and a user friendly platform. You can also monitor their performance in the market.

[robelneo]

The names of people behind the project and their works behind those names, another factor is the potential in the market, they should first do a feasibility study on what kind of project that the community needs and how will it impact the community in general, something Ethereum and Eos have done to the community.

[Golstrim]

I would say that there are number of reasons for me to determine potential of each altcoin. You know,it is extremely important to find out fundamental reasons for potential growth of each alt. I also determine events which can affect any altcoin and you know, sometimes I got profit of this approach

[dat.ho12492]

I would say that there are number of reasons for me to determine potential of each altcoin. You know,it is extremely important to find out fundamental reasons for potential growth of each alt. I also determine events which can affect any altcoin and you know, sometimes I got profit of this approach

Agreed, many factors to determine the potential of an altcoin but you think the accuracy from our analysis is high or not. Personally, I just feel that these elements are just a relative view, a small angle when we look at altcoin, it is not entirely possible to determine the potential of an altcoin, and I often do not have these analyzes, I like to rely on real-life situations to solve problems. I don't care about the level of potential, I only care about the attention of the community to it, where the community is concentrated, which will be a good place for us to make money