In 2020, How To Value An Altcoin?

[felissss500@gmail.com]

The past two years have shown that predicting the behavior of cryptocurrency rates is pointless.
That you can only make forecasts in the near future, and then there is some chance that they will come true.
Until 2020, more than a month, then the Chinese New Year in February is not the most active time for cryptocurrencies.

[joshy23]

The past two years have shown that predicting the behavior of cryptocurrency rates is pointless.
That you can only make forecasts in the near future, and then there is some chance that they will come true.
Until 2020, more than a month, then the Chinese New Year in February is not the most active time for cryptocurrencies.

Predicting for your own sake might work but you are right there's no assurance that it will happen as the behavior of this market still unclear.
Many possibilities will happen along the way and regarding to any predicted value changes will keep showing and will keep bouncing up and down.
Best to stay focus and keep yourself ready in anyhow to anticipate the right position.

[enhu]

Just like something that is for sale in an auction, altcoin has its intrinsic value. But this intrinsic value also differ since altcoins price correlates to BTC price. Most probably one can say if BTC price shoot to the moon again like reaches up again to its ATH, maybe we are going to see once again ETH going $1200 while its intrinsic value for the crypto traders will still be 0.02BTC = ETH.

[ansi]

After 2 years of experience i can tell you this:

- Some shit coins are still making money to some people, to the ones trading them (flipping them in good exchanges).

- Some good,solid projects die simple because they are not into binance or any goo high liquidity exchange, sad but true & this is the worst face of crypto.

That's the irony of crypto, you can't actually figure it out how to evaluate " one crypto " & say this is the one.

[bitvalak]

Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.

This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.

Looking at the word cryptocurrency more closely, we see that it is a compound word-that is, two smaller words combined to create a new word with its own meaning:

    CRYPTO: a word cryptography abbreviation; the art of writing or solving ciphers and codes;
    CURRENCY: something used as a means of exchange; money.

Cryptocurrency is generally defined as a compound word as a digital currency that uses encryption as a mechanism for validating and verifying transactions.

So what is it that lends itself to a new perspective on valuing altcoins within the term cryptocurrency?

What Is Currency?

Currency is a medium of goods and services exchange. In short, it’s money, usually issued by a government in the form of paper or coins, and generally accepted as a method of payment at its face value.

In the modern world, money is the main means of exchange, having long since replaced bartering as a means of exchanging goods and services.

A new form of currency entered the language, the virtual currency, in the 21st century. Virtual currencies like bitcoins have no physical existence or support from the government and are traded and stored in electronic form.

Read more DoggBitCoin.Com

How can I judge if 2020 hasn't happened yet. We have to wait until 2020 to be able to give an assessment of what altcoin is like.
Because it is impossible to judge before we know what will happen in 2020, but for now I say altcoin is a good innovation to become a more complex alternative payment tool.

[satgoldan]

Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.

This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.

Looking at the word cryptocurrency more closely, we see that it is a compound word-that is, two smaller words combined to create a new word with its own meaning:

    CRYPTO: a word cryptography abbreviation; the art of writing or solving ciphers and codes;
    CURRENCY: something used as a means of exchange; money.

Cryptocurrency is generally defined as a compound word as a digital currency that uses encryption as a mechanism for validating and verifying transactions.

So what is it that lends itself to a new perspective on valuing altcoins within the term cryptocurrency?

What Is Currency?

Currency is a medium of goods and services exchange. In short, it’s money, usually issued by a government in the form of paper or coins, and generally accepted as a method of payment at its face value.

In the modern world, money is the main means of exchange, having long since replaced bartering as a means of exchanging goods and services.

A new form of currency entered the language, the virtual currency, in the 21st century. Virtual currencies like bitcoins have no physical existence or support from the government and are traded and stored in electronic form.

Read more DoggBitCoin.Com

How can I judge if 2020 hasn't happened yet. We have to wait until 2020 to be able to give an assessment of what altcoin is like.
Because it is impossible to judge before we know what will happen in 2020, but for now I say altcoin is a good innovation to become a more complex alternative payment tool.

I would like to argue with you, since now it makes sense only for short-term investments in altcoins, and it rarely turns out to grab at least some kind of profit, but generally most often losses, I don’t know, maybe you are talking about long-term investment, but I think that it’s not worth it hope now because the real growth of altcoins will begin only after Bitcoin has updated its maximum and then it will be possible to think about investment in altcoins. Now it’s a waste of money nowhere.

[nxnqauff]

Not sure what exactly is needed to discuss here. Why we need to value an altcoin for 2020? Still one month to go for new year. Are you asking about what will happen in 2020 for altcoins?

[Flux0z]

That's almost impossible to answer. If we could see into the future, we'd all be millionaires 

Moving forward I believe a LOT of shitcoins will moon, but altcoins with actual use cases, will rise even higher and hopefully be used in the common years. Some projects still needs to come down in price, as they are overvalued still, one of them being TRON, which skyrocketed out of nowhere, and only sits where it does, because hodlers refuse to sell lower. That's just my opinion anyway.

Projects like
Ethereum - Smart Contracts
Bitcoin - Digital Currency
Chainlink / Blocknet - Oracle Solution
Komodo / Bisq etc - DEX Solution

Is surely gonna do extremely well - For those who didn't know. Blocknet isn't just a DEX, their Oracle solution is not only the most decentralized solution on the market, it's also the cheapest.

I can name plenty of low cap gems with the same properties, but this post isn't about "shilling" projects.

The truth is, projects who actually solves real world problems is gonna perform very very well into the future. 

[restuibu]

we still don't know what will be the trend in 2020 so we still can't determine the assessment of altcoin, if 2020 is the same as now of course how to judge altcoin is still very difficult

[clickerz]

I have nothing to say about 2020 altcoin movement because i am not a seer but one thing looks certain though and that is bitcoin halving, actually if bitcoin can surge higher altcoins will definitely benefits

Predicting altcoin prices is indeed very difficult, especially for the next year, because to this day there are still many altcoins whose prices are down, so a strong analysis is needed to predict altcoin prices in the future.

Indeed, too hard to Value the altcoins. It depends on the project and its adoption. Some become idle and lose their value and support base along the way especially when devs dumps the price. Only solid projects remain floating especially when devs are active and having a long term plan and more developments are on the pipeline.

[tenakha]

Altcoin won't survive more than 5 years if they don't have a strong cummunity to create an unlimited demand, because new projects are happening almost everyday and they're ready to replace a coin that don't have demand anymore. So, only the strong coins with high demand right now that will survive in the future

Why 5 years? If there is no demand for any coin, it can be considered dead already. It will stay at the corner of the any shit exchange with zero volume.

[oktana]

to parse the definition in a centralized perspective will certainly have a striking difference.

altcoin has no physical entity but the inherent uses are more varied than fiat. But both have similarities about supply and adoption even though the absorption of their goals is different. in 2020, altcoin can be measured in terms of more intense use of quality, and here we need a pattern of support from the government and the market to make it look more effective.

[elisabetheva]

All altcoins with real use cases and good working products will definitely surge if bitcoin reach a new ATH after next halving so do better research on projects and pick useful coins only

Agree with your opinion that if bitcoin moves for the better it can be ascertained lift up also altcoin to be able to perform better. of course for altcoin which already exists in the stock market and which has survived well.
analysis to determine what altcoin is good and there is no harm in projecting with cmc to be a reference before acting.

[Litzki1990]

Altcoin won't survive more than 5 years if they don't have a strong cummunity to create an unlimited demand, because new projects are happening almost everyday and they're ready to replace a coin that don't have demand anymore. So, only the strong coins with high demand right now that will survive in the future

Why 5 years? If there is no demand for any coin, it can be considered dead already. It will stay at the corner of the any shit exchange with zero volume.

That was to long to wait 5 years? Maybe it should not gonna happen about altcoins.
In this coming year will be have some improvements about altcoins, And you said must better the altcoins are not always stay in the shit exchange. If they want to be more popular must need to list in the trusted exchange.

[Google+]

Altcoin won't survive more than 5 years if they don't have a strong cummunity to create an unlimited demand, because new projects are happening almost everyday and they're ready to replace a coin that don't have demand anymore. So, only the strong coins with high demand right now that will survive in the future

Why 5 years? If there is no demand for any coin, it can be considered dead already. It will stay at the corner of the any shit exchange with zero volume.

indeed coin depends on the developments that exist if you have a lot of development of the project created so that it can increase the use of which will make altcoin still have a future and can still produce price movements.

[cotton ball]

Let’s talk about a simple yet important currency valuation perspective; cryptocurrency or fiat.

This valuation approach starts with the interpretation of an essential concept that has been put conveniently within the definition of the word cryptocurrency-a subtle definition that has been lost on many investors, sadly.

Looking at the word cryptocurrency more closely, we see that it is a compound word-that is, two smaller words combined to create a new word with its own meaning:

    CRYPTO: a word cryptography abbreviation; the art of writing or solving ciphers and codes;
    CURRENCY: something used as a means of exchange; money.

Cryptocurrency is generally defined as a compound word as a digital currency that uses encryption as a mechanism for validating and verifying transactions.

So what is it that lends itself to a new perspective on valuing altcoins within the term cryptocurrency?

What Is Currency?

Currency is a medium of goods and services exchange. In short, it’s money, usually issued by a government in the form of paper or coins, and generally accepted as a method of payment at its face value.

In the modern world, money is the main means of exchange, having long since replaced bartering as a means of exchanging goods and services.

A new form of currency entered the language, the virtual currency, in the 21st century. Virtual currencies like bitcoins have no physical existence or support from the government and are traded and stored in electronic form.

Read more DoggBitCoin.Com

Altcoin value in 2020 depend with how bitcoin price, when bitcoin keep up I think have chance for altcoin to be on higher price, but when bitcoin keep lower price we can hope many expectation with altcoin price. We need revolution with bitcoin price later on higher price to give chance for altcoin keep with higher too, without price is up we can't do anything with altcoin.

[Aabcde]

To judge value an altcoin in 2020 may be a bit difficult too. What is certain is that altcoin must form natural demand. Can be triggered from software updates, partnerships, and others. And certainly also, altcoin who do the above will survive and stand on it. But certainly, if bitcoin rises continuously, we can be sure that altcoin will also follow later.

[starblocks]

Some of how an alt-coin gets valued next year may be in how much interest institutional investment has in it if you're looking at the top ranked assets, and you can't go wrong investing in those if they get cheap enough and represent good value buys

[Shallow]

It still stand that the one and only way to value and altcoin is when it is solving an issue. An altcoin which tackles any issue found in the crypto sphere or in the world out there will still remain highly relevant. Comes 2020 and years to come, this still stands, so it's better for us to understand this and make adequate steps into doing the right thing, because if we invest in a worthless coins it is us that will get hurt not the team.

[ajiz138]

Nothing to say about that consider if OP just wanna promote his blog here. Why so many people are spamming so many blog these days, Halving is not yet done and the impact not yet come to the bitcoin.
Altcoin which was having real usability will keep increase on its value while at the same time altcoin that was getting dropped by the investors caused lack of the development will be dead.

But altcoin, which has real uses and benefits for many people, is inversely proportional to new projects that have sprung up and do not have any benefit. Many scam projects and only speculative projects are used to enrich themselves.

Many investors leave new projects and have an impact on other projects. this makes the development of the project dead and not continued.