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Author Topic: What future is expected for new altcoins?  (Read 965 times)
baby_ghost
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June 18, 2020, 05:59:00 PM
 #61

Altcoins are plunging in such as the Ethereum, Ripple, Monero, and Dash. The value of these at present is close to the value of Bitcoin, but in future. Ethereum network has some of the best development talent and community support, so buying it for medium to long-term holds the best Altcoins to invest and watch out for in 2020.
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June 18, 2020, 06:12:25 PM
 #62

Actually, most of the Altcoins have the same features the only difference was their total supply and I guess there is no point in having new altcoins we have enough but it can be a utility token of decent projects. I am seeing new and existing projects will adopt blockchain technology in the future and the use of most altcoins is just the utility token of those great companies and projects. Of course, each project will compete to each other adding more features to their altcoins.
All altcoins aren't the same. The ones you are talking about are probably those shitty clone coins. Yeah, the market is filled with shit loads of clone coins. Those coins don't have any new feature that we can benefit from. They are there in the market just to die a slow death.
I would say it is totally wrong to say "there is no point in having new altcoins". The good ones (if any ever pops up) will bring some development in the crypto world as a whole.

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June 18, 2020, 06:49:39 PM
 #63

It seems that many new altcoins are difficult to survive in the market for a long time. as we have seen there are many new coins that are difficult to develop on the market and sometimes even there is no development at all. maybe only coins that really have good prospects, valid products, have strong support and can survive in the market.


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June 18, 2020, 07:01:48 PM
 #64

Scams and deaths briefly.
I have see cmc last few altcoins are good performance and lots of death. seems this year not good for altcoins market even if not stop entry unless project. Evey investors more ware of investing in new altcoins so in my opinion IEOs only one way for stay alive new project.
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June 18, 2020, 07:02:47 PM
 #65

Banana Bomb
Not Sure about this, we already have many Deflationary token and didn't really making good feedback, Maybe with real use case beside deflationary and maybe with this concept will bring something new?
satoshivisioncoin
Not really sure too since we already have many coins or token with this concept
moneytoken
For this one maybe yes but i will do some research.
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June 18, 2020, 08:34:10 PM
 #66

SInce we are still in a bear season compared with the 2017-2018 goldrush i think it is a difficult time for new coins to find a growing community to lift value and keep its liquidity on a high level.
Many projects have slowly died of, development stopped, abandoned by devs, community left.
That gives out a negative signal for new comers.

But it is also the time to shake out the bad hands as they say....projects like BCZ continuing development even now will be some steps ahead when times for crypto really start to change again.
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June 18, 2020, 08:41:45 PM
 #67

As long as they do not solve any realistic problem, they will struggle to survive. The new project have to bring out something that is novel and rarely explore in order to be successful. When you look out those criteria I have mentioned, it is really hard to see any project that makes all the requirement which makes me doubt if will are going to see a bright future of altcoin, Just as you have pointed out, many of this project do not want to reveal their team members identity which is worrisome because it is clear indication that investors might be at risk because they are dealing with faceless people.
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June 19, 2020, 11:09:18 AM
 #68

New altcoins or rather new projects have a perfect scenario and opportunities to have a very good future.
Contrary to 2018, when it was new and people were trying whatever works to attain success, in 2020; there are several templates that new projects can employ to attain success, and also there are several strategies available.

It is expected of every new projects, altcoins to focus on a working strategy, put product launch first, right partnerships,and proper exchange listing if they want a good future for such new projects.
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June 19, 2020, 11:17:15 AM
 #69

When you go to the history, you will realize that the top 100 cryptocurrencies on coinmarketcap are constantly being updated, every year is top 100 pretty different. What does it mean? That you need to adapt to the trend and exchange your old dying altcoins to newer ones Smiley. Or you can buy Bitcoin, it was, is and will be the NO 1 in cryptocurrencies Smiley.

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June 19, 2020, 12:48:32 PM
 #70

When you go to the history, you will realize that the top 100 cryptocurrencies on coinmarketcap are constantly being updated, every year is top 100 pretty different. What does it mean? That you need to adapt to the trend and exchange your old dying altcoins to newer ones Smiley. Or you can buy Bitcoin, it was, is and will be the NO 1 in cryptocurrencies Smiley.
Indeed, these trends change and indicate that the development of cryptocurrency is currently quite good and preferred by many people. I am very confident that at this stage cryptocurrency is a very suitable investment if we see a potential from altcoin because at this time the price is still relatively cheap at the development stage

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June 19, 2020, 01:10:53 PM
 #71

When you go to the history, you will realize that the top 100 cryptocurrencies on coinmarketcap are constantly being updated, every year is top 100 pretty different. What does it mean? That you need to adapt to the trend and exchange your old dying altcoins to newer ones Smiley. Or you can buy Bitcoin, it was, is and will be the NO 1 in cryptocurrencies Smiley.
Indeed, these trends change and indicate that the development of cryptocurrency is currently quite good and preferred by many people. I am very confident that at this stage cryptocurrency is a very suitable investment if we see a potential from altcoin because at this time the price is still relatively cheap at the development stage

yeah, it should be good investment at this point, if there is on-going development and good idea behind the project, there are possibilities for a project to be a success and that should bring reward to investors at the end
on the other hand, if there is no development one should not expect from a project that it would end up as success, and development progress shall be followed for each investment, to track changes and recognize slowdown that could lead to failure
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June 19, 2020, 01:28:59 PM
 #72

When you go to the history, you will realize that the top 100 cryptocurrencies on coinmarketcap are constantly being updated, every year is top 100 pretty different. What does it mean? That you need to adapt to the trend and exchange your old dying altcoins to newer ones Smiley. Or you can buy Bitcoin, it was, is and will be the NO 1 in cryptocurrencies Smiley.
Indeed, these trends change and indicate that the development of cryptocurrency is currently quite good and preferred by many people. I am very confident that at this stage cryptocurrency is a very suitable investment if we see a potential from altcoin because at this time the price is still relatively cheap at the development stage
Based on my analysis, new coins are often overlooked because coins like this are hard for you to make a profit during this time. However, in the last few years, people have been very much interested in the crypto market and hope that everyone is ready for the new phase. Later this year or early next year will be the time when many altcoins reach new ATH, and coins in the top 100 will be the top choices of many people.

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June 19, 2020, 01:36:51 PM
 #73

yeah, it should be good investment at this point, if there is on-going development and good idea behind the project, there are possibilities for a project to be a success and that should bring reward to investors at the end
on the other hand, if there is no development one should not expect from a project that it would end up as success, and development progress shall be followed for each investment, to track changes and recognize slowdown that could lead to failure
keeping track of failures is difficult when we are already investing and trying to get out of the investment made. many projects die and fail to develop after 1 or 2 developments are made. not being able to compete with other projects that are already on the market may be the main factor.

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June 19, 2020, 01:39:50 PM
 #74

When you go to the history, you will realize that the top 100 cryptocurrencies on coinmarketcap are constantly being updated, every year is top 100 pretty different. What does it mean? That you need to adapt to the trend and exchange your old dying altcoins to newer ones Smiley. Or you can buy Bitcoin, it was, is and will be the NO 1 in cryptocurrencies Smiley.
Indeed, these trends change and indicate that the development of cryptocurrency is currently quite good and preferred by many people. I am very confident that at this stage cryptocurrency is a very suitable investment if we see a potential from altcoin because at this time the price is still relatively cheap at the development stage
Based on my analysis, new coins are often overlooked because coins like this are hard for you to make a profit during this time. However, in the last few years, people have been very much interested in the crypto market and hope that everyone is ready for the new phase. Later this year or early next year will be the time when many altcoins reach new ATH, and coins in the top 100 will be the top choices of many people.
Actually all the newcomers mostly invest in the currencies which are recommended by their friends or are in the top of market cap list. The new altcoins are always get ignored and when a few of the major exchange listings are confirmed for those coins, it is then only they get some recognition if their marketing team is skilled enough. But until then the opportunity to earn a lot of profit from those coins is lost and you can only earn only a little amount of profit from them, also the life of new coins is keeping on decreasing, previously they used to survive for many years but now only a few of them get listed on exchanges.

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azmirihaque
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June 19, 2020, 01:43:44 PM
 #75

Many new altcoins have to the market but all coins are not good. Bitcoin, ehtereum and some other has already grabbed the larger portion of the market.To introduce a new in this situation is not so easy. Many people have lost their fund by investing new coin. So, to make a trust within the investors and ensue satiety for new coins are very much important which many coins are being failed. To exist in the market of such coins will be very tough.

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June 19, 2020, 01:50:03 PM
 #76

Many new altcoins have to the market but all coins are not good. Bitcoin, ehtereum and some other has already grabbed the larger portion of the market.To introduce a new in this situation is not so easy. Many people have lost their fund by investing new coin. So, to make a trust within the investors and ensue satiety for new coins are very much important which many coins are being failed. To exist in the market of such coins will be very tough.
when a new project comes with full support from the community and market trust. I don't think of introducing a new project in the crypto market to be popular will be difficult. do an update in a short amount of time. don't take too long to make an update, it will mess up the community which can have an impact on the market.

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June 19, 2020, 02:17:38 PM
 #77

nothing is certain in the crypto world. I see projects that I consider low value but end up pumping in the market. There are also some that promising but died right away after launched. Projects have many elements (marketing, community, technicalities, and admin) to make it good in a very competitive crypto world.
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June 19, 2020, 02:21:31 PM
 #78

nothing is certain in the crypto world. I see projects that I consider low value but end up pumping in the market. There are also some that promising but died right away after launched. Projects have many elements (marketing, community, technicalities, and admin) to make it good in a very competitive crypto world.
You're right, I saw it for some coins that I got from the bounty campaign. at first, they were very cheap, but when two years passed, it turned out they did an update and gave airdrops to their token holders. we can even get a surprise from something we already think has no value.

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June 19, 2020, 02:44:27 PM
 #79

Many new altcoins have to the market but all coins are not good.
No. What happen is that many new altcoin are well create but they are hype base and lack utility which is the main reason why most of them are not profitable after exchange listing.

Bitcoin, ehtereum and some other has already grabbed the larger portion of the market.
No, bitcoin, ETH and others supported altcoin only implemented a new outstanding design which crypto communities needs while most others altcoin imitated there concept. An example is Binance which was founded in the year 2017 when exchange like coinbase, xapo, etoro etc have been in existing before 2017 is now the largest exchange.
Crypto investors and communities are ready to support every project that is good and outstanding.


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June 19, 2020, 02:52:36 PM
 #80

It is hard to predict the future of new altcoin because they need support from people and traders at the market, and the new altcoin needs more time to grow in the future. If the new altcoin cannot get much supports, there will be no future for the altcoin to grow, and the new altcoin will not have a chance to compete with the other coins. And if you want to invest in the new altcoin, you will feel it difficult to scan one by one of the new altcoins to find the potential coin to invest. Perhaps, you only need to invest in bitcoin so you won't disappoint if the new altcoin cannot give you much profit.
The altcoin market is like bitcoin, it is hard to predict. The price of the cryptocurrencies are changing. In able to earn in cryptocurrency, you have to wait for more time in the trades and market. Everyday there are alternative coins that are introduced. If one alternative coin will not have much support the particular alt coin will subside, it will not have a good future. Altcoins without support will not be competent compared to other coins. Investors who invested in a subsiding alternative coins will have its fear on investing again. They will have trust issues and will have difficulty in choosing which coins they are going to invest in the next time around.

For me you have to invest in different coins, especially in bitcoin so that you can be sure that you would earn. If one coin subsides you will have other alternative coins investment. That is wiser to do than investing in one particular coin.


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