Money is flowing into cryptocurrencies like anything, and it will continue to do so. The Bitcoin and the Altcoins will keep attracting the investors into crypto market for a long time, that’s for sure.
The traditional investors will keep enjoying the party, and will have all the fun all this while, but many existing and new investors don’t know how to evaluate the pricing and the future outcome of the altcoins that can grow immensely in value.
Some of the coins could be worth investing in, but most of the investors are unable to identify the coin that can earn them profits, that’s why they are reluctant to throw their hard earned money into the market, and even if they do decide to take a shot investing their disposable incomes, more often than not end up investing into non lucrative coins, and end up losing their partial or sometimes total capital investments.
As they say “A captain is as good as his team”, and rightly so, similarly a coin is as good as the developers, the team, the technology & the usage behind that coin!
So there is no rocket science or black magic involved in segregating a good coin from a bad coin, or for that matter identifying the future potential of a coin; whether it will grow up in value or not. The following factors could assist the investors in assessing the true potential of any and every coin listed on coinmarketcap or on exchanges. The thumb rules are:
The creators, developers and the community behind the coin must be proactive and should exhibit confidence in the concept and project (technological use) behind the coin
The team that represents the coin must be able to attend to the queries and answer them correctly and actively to the aspirants and prospective buyers of the coin
If the coin is listed on one or two exchanges, there are chances that once the coin becomes more popular, they become available through more exchanges, and that will result in increase of trading volumes which will eventually increase the price of the coin
The undervalued coin has huge upside potential if they are partnering with other companies who intend to use the coin as a mode of financial transactions or technology platform for faster processing of transactions
Research carefully the price history of the coin. The coin has to stay stable for a period of weeks and months. Pump and Dump coins, and unnecessarily hyped coins are a big NO if one is looking for a stable coin to invest in that has huge upside potential in value
The coin which is worth investing in must have a clear road-map that explains the future plans, upcoming events, and news along with achievement of milestones within the stipulated time-frame as promised by the developers and the team of that coin
Last but not the least; the coin must be supported well enough by a project that brings value in medium to long term to its investors, a project which has the potential to deliver multiple benefits through its platform and technological usage.
More information can be obtained about the potential future value of the coin through various conversations on forums such as BitcoinTalk and Reddit etc.
In the above context, the coin that is ticking almost all the boxes as mentioned above in the “Thumb Rule Criteria” and has shown immense promise over the past 5-6 months is DigitalPrice Coin! A committed team of developers, creators and members with a rock solid project Scrypto. Scrypto is a comprehensive Social Media Platform with following benefits:
Language Support: Multi-Lingual (Supports various languages e.g. Chinese, Russian etc
Reward System: Multiple Reward Systems (Ongoing multiple rewards, contests, coins giveaway)
Cryptocurrency Exchange: New exchange for cryptocurrency trading (Cryptopia added)
Rating Platform: Review & Rating systems available of ICOs, Cryptocurrencies & Masternodes (Live Now for Masternodes)
Hosting Platform: Hosting of Masternodes (Live Now), Crowd funding (ICOs)
Gaming Platform: Supports browser-based gaming platform with rewards (Live Now, Win rewards)
Listing of Altcoins: 35-40 Altcoins listing soon for trading purposes
The Masternode Hosting Service is live at DP social media platform Scrypto.io and currently working for DigitalPrice for free. All the above progresses underline the commitment and willingness of the team behind DigitalPrice coin to make it a successful venture for the entire community.
Milestones are being achieved well on-time, and their team is delivering dedicatedly as promised what is expected out of them!
The coin value has grown in value from 0.05 cents to 0.35 cents in less than a month shows the immense future potential this coin has, and the best part is this is still one of the most UNDERVALUED coins in the crypto market, and must achieve greater heights in very near future in terms of value and worth!
Sources:
www.digitalprice.org
www.scrypto.io
