Finding Altcoins With Potential

[DarkDays]

I personally look at all the latest projects that were added to CoinGecko, and then isolate the ones that are in trending categories, like DeFi, second layer solutions etc.

Among these, I then look at which have the best use cases, team, tokenomics and partnerships—and yet still maintain a low supply and/or valuation.

Then, I take a look at how these companies are trying to position themselves, are they building hype? Are they a sleeping beast operating in stealth, do they have hedge fund or venture backing?

Based on all of these features, I then decide if it's worth buying in, and I'll usually only buy in at private sale prices.

[LUCKMCFLY]

Well, when looking for an altcoin with potential it is always good to know what project it has and how it is represented, what innovations it has, what advantages it offers over other projects, if bitcoin is in a bullish trend it is a guarantee that the price of the token or currency can go up quickly, I think that's where you could talk up to 10x.

[cheezcarls]

Finding 10x altcoins is definitely a key element to any crypto trader’s MO (it certainly should be). In my search for altcoins with exponential potential, I’m going to share my findings in a series here. Please jump in and use the information shared, and share with me anything valuable you’ve come across, or comments on the projects mentioned.

This week I’m looking at Kadena (KDA).




At this stage (time of writing) the altcoin is ranked 2153 on CoinMarketCap, and is currently valued at $0.252248. The coin is currently traded on 4 exchanges: Bittrex, Hotbit, CoinEx and Hoo.com. Based on my findings (explained below), this coin is super undervalued, and a strong candidate for both a swing trade and long term hold option. Let’s get into it.

What is Kadena
Kadena is a highly-scalable solution for blockchain application development. The platform to date has created a 500 node blockchain, as well as an accompanying interface, and an accessible smart contract language. The permissioned blockchain can handle 8,000 transactions per second, which compared to other app development blockchains is impressive. Ethereum can process roughly 9000 transactions per second, while EOS can do 1000.

The mainnet was launched in 2020, and their Q3/Q4 roadmap is being released in the coming weeks. This ERC-20 coin is showing positive signs for adoption and growth.



Kadena’s Leadership
This for me was the green flag: the founders of Kadena met working (in leadership positions) at JP Morgan’s Blockchain Centre of Excellence. Stuart Popejoy was the Director of the centre, while Will Martino was Lead Engineer (and previously worked in security at the SEC). Talk about a power team. Their insights into the blockchain industry, and regulations especially, are key factors in where this project could be headed.

In my opinion, this is the perfect coin for active traders looking for long term holds. I look forward to keeping an eye on it, and seeing what they make of this impressive technology in the future.



Disclaimer: This is off the Kadena Token Spotlight by Provisn  - you can read A LOT more information there if if you're subscribed, free lifetime memberships at the moment, no payment details required.
https://provisn.com/member/token_spotlight/60/.

Provisn’s recent 3,327% gains (115.5% avg) here:
https://medium.com/@provisn/provisn-signal-call-results-q1-4-11-7-11-3-327-gains-c9e5cb973691

This is definitely advertising shilling. As what I have assessed the way you share this content, it seems that you are "paid to indirectly advertise" by the company and in the wrong section. There's no way a person can spend time and effort writing this "kind of content" without getting paid or compensated by the team.

Maybe this is one of your weekly assignments. And the title is purely clickbaiting stuff. No offense, this is just my opinion.

[maydna]

Finding 10x altcoins is not easy, and I don't think that the new coins can do that in the bearish trend. But I won't say that the new project doesn't have a chance to increase because all coins in the market will have that chance, and it's only a matter of time for us to see which coin that can increase. But to be honest, I prefer to select the coin that has a history of the coin listed on the market before 2020 or 2019 so I can get more info about the coin. That will help me to learn and search for potential altcoins, which can increase later. It will not be easy because there are so many altcoins in the market that need to be analyzed to find the right coin.

[Da_Primate]

This looks like a great project, but it seems you're shilling because you just picked one project among thousands, which is somewhat against your topic. If you had compared 2 or more projects and give us options then it's not shilling imo

[sorrros]

The best what you can check is activity on social sites, admins activity on Telegram group, number of proposals on Github and then compare it with the market capitalization. I am sure, that there are tens of hidden gems in the market. 

[rodskee]

Altcoins with potential are much harder to seek out Although the history of Altcoins is old investment during this currency is a smaller amount than other currencies thanks to low demand generally, if we analyze the market we'll be ready to know the precise information I also can determine more about this currency from this forum or from Google There's nothing wrong thereupon we'd like to research if the ideas are great.

You have to keep being updated if you are really keen to succeed from
this market, data that you'll be able to collect
needs to always being assess if there's really a good potential for the
said asset/s that you'll going to invest in.


Every information from different venues of sources can be useful as long
as you are doing your own research.
Opinions and referrals coming from experienced traders can be weight in
just make sure to balance the influenced.
 

[Anonylz]

^ When you say 10x profit, this project seems like a Ponzi scheme, is that right?
I don't want to have investment hanging around, without closure if there is really a potential profit.
Definitely right, you can't force people here in the forum to invest because all here know how to have research. Much better if we prefer on bitcoin and stick on it while the dominance was slowing down.

What do you see in the project that made you think it is ponzi! Are they offering any percentage for investment or base on referral program! I understand this is some what new project and people should be careful how they invest on new project this days, too many scams in the market it makes it difficult to really know which is good or bad,
I believe the @op is just sharing his thoughts base on his experience with the project,  nobody can tell if this can make 10x or less, this are all speculation base on the project potential yet not a guarantee, it is up to everyone to do their due diligence before taking any step.

[ATSgrowth]

And what about QuarkChain? Is there anyone who follow its progress? They already achieved 1 million transactions per second, a recent big partnership with Amazon AWS service and now they work on DeFi protocol that experiences a big hype in the crypto community. And at the end they only have 20 million USD market capitalization.  

[Sebas.tian]

The best what you can check is activity on social sites, admins activity on Telegram group, number of proposals on Github and then compare it with the market capitalization. I am sure, that there are tens of hidden gems in the market. 

Many cryptocurrency projects are now active with their social medias because they have understand that, potential investors always tend to check their social medias activities before they invest into their choosen projects. Doing more research into the projects through checking project team profile can also be an added advantage

[nelson4lov]

I checked out the thread with hopes of seeing information about how to find altcoins with potential (that's what the title says) but I was a little disappointed to see just Kadena. Since you plan to share most altcoins in the near future, I will suggest – instead of making 1 thread for every altcoin, you should list all of the in a single thread. That would have a better presentation appeal than this. I'm looking forward to your findings so I'll be keeping an eye out.

[OGEOS]

I checked out the thread with hopes of seeing information about how to find altcoins with potential (that's what the title says) but I was a little disappointed to see just Kadena. Since you plan to share most altcoins in the near future, I will suggest – instead of making 1 thread for every altcoin, you should list all of the in a single thread. That would have a better presentation appeal than this. I'm looking forward to your findings so I'll be keeping an eye out.

Good point. I got this information from Provisn.com - they have many token reports and you should sign up there to see more. Maybe I should share one a week, what do you think?

[OGEOS]

And what about QuarkChain? Is there anyone who follow its progress? They already achieved 1 million transactions per second, a recent big partnership with Amazon AWS service and now they work on DeFi protocol that experiences a big hype in the crypto community. And at the end they only have 20 million USD market capitalization.  

I remember them from 2018, I was about to invest and did not. That token 10x'd....

[OGEOS]

I personally look at all the latest projects that were added to CoinGecko, and then isolate the ones that are in trending categories, like DeFi, second layer solutions etc.

Among these, I then look at which have the best use cases, team, tokenomics and partnerships—and yet still maintain a low supply and/or valuation.

Then, I take a look at how these companies are trying to position themselves, are they building hype? Are they a sleeping beast operating in stealth, do they have hedge fund or venture backing?

Based on all of these features, I then decide if it's worth buying in, and I'll usually only buy in at private sale prices.

Damn dude - you just taught me something! Thank you for this, really 

[xandriel]

Finding 10x altcoins is not easy, and I don't think that the new coins can do that in the bearish trend. But I won't say that the new project doesn't have a chance to increase because all coins in the market will have that chance, and it's only a matter of time for us to see which coin that can increase. But to be honest, I prefer to select the coin that has a history of the coin listed on the market before 2020 or 2019 so I can get more info about the coin. That will help me to learn and search for potential altcoins, which can increase later. It will not be easy because there are so many altcoins in the market that need to be analyzed to find the right coin.

I have a different hobby than you because I prefer to invest in newer coins because this investment often yields a large profit if I find a potential project. Maybe the coins in the top 10 CMC are options that people trust but I am sure you can not become rich from these coins. If you want to make a lot of money, you should have a reasonable investment strategy and always consider investing in new projects from the market.

[Latviand]

Anyway, If Kadena is listed in different exchanges already then its a good token to invest. I just have no idea how good like how much profit to expect being a holder.

This is my first time knowing about this Kadena coin and I don't have any knowledge about its existence. But thanks OP for sharing your thoughts and helping us to know this kind of altcoin.

There are really a lot of potential coins that would boom in the future, besides ETH and other famous coins nowadays. Before we engage to this new coin, we should know its benefits, its value in the market, and we need to make sure if this coin will give us enough profit like other coins so that we'll become determined to hold one.

I'm not here to say that you are wrong with your selection of investment but I'm here just to help you also and don't push yourselves of this kind. Because most of them turn into an exit scam, I hope you can open up your mind and think about it. Not forcing you as well.

It is voluntary and no one is forcing you to do so. But always remember that don't waste an opportunity to hold potential coins because it might give you a turning point in your assets once it increases its value in the market. Also be careful of choosing a coin and make sure that you are really confident in holding one because Kadena coin is not that popular enough to give you profit immediately.

[Ridwan Fauzi]

Seem like to be a day trader is more difficult to gain profit rather than we try to find a good project which is potential.

We just need to find more about the information (ins and out) of the coin then buying it and let it until the project held an event.

The risk that will be faced will be depend on our knowledge, if we're wrong to judge that the project is good we will a lot of money there and otherwise we can make 100x profit when we successful to judge the project.

[imstillthebest]

Finding 10x altcoins is not easy, and I don't think that the new coins can do that in the bearish trend. But I won't say that the new project doesn't have a chance to increase because all coins in the market will have that chance, and it's only a matter of time for us to see which coin that can increase. But to be honest, I prefer to select the coin that has a history of the coin listed on the market before 2020 or 2019 so I can get more info about the coin. That will help me to learn and search for potential altcoins, which can increase later. It will not be easy because there are so many altcoins in the market that need to be analyzed to find the right coin.

I have a different hobby than you because I prefer to invest in newer coins because this investment often yields a large profit if I find a potential project. Maybe the coins in the top 10 CMC are options that people trust but I am sure you can not become rich from these coins. If you want to make a lot of money, you should have a reasonable investment strategy and always consider investing in new projects from the market.

not all that are here on crypto wants to get rich  but they dont want to get scammed either so they put thier trust on the coins that are on top . you know its easier to put trust on those coins than on the newly introduced   .

to some that are here for profits  , they usually dont have that mindset of easy money or getting rich quick because the people that have that are easily out of this game  .  like you said we have different hobby so please continue on your interest on the new coins   .

[Renampun]

Seem like to be a day trader is more difficult to gain profit rather than we try to find a good project which is potential.

We just need to find more about the information (ins and out) of the coin then buying it and let it until the project held an event.

The risk that will be faced will be depend on our knowledge, if we're wrong to judge that the project is good we will a lot of money there and otherwise we can make 100x profit when we successful to judge the project.

find a potential coin now = pure luck...
Crypto market direction is very difficult to analyze, analyzing the cryptocurrency market is not as easy as analyzing the stock market or forex. you will easily determine the direction of a stock asset or forex when politics in the world change direction, but the cryptocurrency market is different, political issues will not affect the price of a crypto asset, this is the reason why finding Altcoin that has potential 10x - 100x is difficult.

[el kaka22]

Usually they are at the place where you least expect. When you want to build a new project that will make a huge profit for the creator but also the investor, you work on it too much, you do not care about the marketing side of things because you know that your coin works the way you want it to work and you have a reason to create it and that is why you are doing it.

Coins that are created because creator wanted to make a coin and take all your money thinking like coin is a product will always fail, they are always horrible ones, but the coins created because creator wanted to have it themselves and use it for something will always go up. So, you will probably hear about them very little and when it is too late and the price goes up because it is used and bought and burned, you will get to hear about it everywhere.