Bitcoin Forum

Does anyone find this thought amazing?  Imagine buying a coin that cost less than $10.  Lets just say the coin is $1.  There are tons of coins that are under 10 cents.  Obviously many of these coins stay around that amount for a long time.  I notice theres ton of coins that are 1 cent or around that area etc.


Now lets say theres a coin thats 10 cents.  It start rising up to 50 cents, then its 1 dollar.  Then suddenly its $2.  Now imagine buying 1000 of these coins.  That would be $2000.  Now if the coin falls well whats the most money you can lose?  $2000.  But when it goes up, you can double your money, 10x, 50x, 100x your money etc.  Its of course lot harder to 100x your money.  However imagine getting a coin that is $0.10.  100x that amount wouldn't be that hard compared to if you get a coin say at 0.50.  Obviously it would be a lot harder if it was $1 or $2 etc.  But from what i see with the top coins in the top 15 list in terms of marketcap, many of these coins not that long ago was around $1 or $2.  Many of these coins have already increased a lot.  Even going from $2 to $10 is 5 times your money.  So $2000 in total investment would be $10000.


The thing is if you get a coin like 10 cents.  By it going up to 1 dollar, that is 10x your money.  Imagine 10 cents for a coin.  You buy 10000 of them for $1000.  Suddenly that coin is worth $1.  Then it goes up to $5.  Then $10.  Now your $1000 is worth $100,000.  That thought to me is just amazing.  Because if a coin is that low, well whats the worst that can happen.  You lose $1000?  By it doubling to 20 cents, thats double your money.  The thing is imagine all the people that buys coins when it was 25 cents.  Say they buy 10000 of them for $2500.  If that coin goes up to $10, thats $100,000.


How many people here has made a ton of money buying altcoins very cheap?  And when i mean cheap, i mean like under $1.  Theres so many coins that are like 10 cents or a bit more and wow it just seems amazing how much profit one could make if it goes up.


I mean think about it.  If you buy tons of a coin thats $0.25.  You buy 10000 of them.  Thats $2500.  If that coin ever gets to $100, thats 1 million dollars.  I mean my thoughts are there would be so much excitement if i got 10000 coins at 25 cents each.  Then i notice it rises to 50 cents.  Then 1 dollar.  Then goes to 5 dollars.  Then 10 dollars etc.  I mean it seems like its possible to really make a lot of money this way?  Now imagine you buy a coin thats 5 cents and buy lots of them.  Oh man if it rises to 5 dollars, that would be a lot of money etc. 

Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:

WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT

I think all of these coins have a chance at high double digits or even triple digits in the future.

I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.

From your list only Adx in my opinion.
Waves and other top cryptos already pumped so if you want to invest you need to wait a little bit longer so the prices can back to original place.
How about looking for a new altcoin that have a good potential ? Like a ptoy or bowhead or something like that,if you see their thread you will understand why i can say such a thing.

Many good project out there you can find,even thought they did not have a lot audience in their project their progress always steadily increasing make them one of those potential coin for traders in longterm periode.
Dont blindly invest to those top cryptos because a lot of people support it and many people also envies it.if they can not survive you will only bring a disaster to yourself

The "cheapness" of a coin isn't given just by its price. You must calculate (price X noOfCoinsThatExists).

If everything else equal (in particular the total amount of money ($) "in" the system):

Coin A has price $1, and 100 coins exist.
Coin B has price $10, and 10 coins exist.

Total value = $100, for both.

Unless you have more information there is no reason to think there is a greater probability coin A will increase 10x than coin B will increase 10x. The amount of new money required into the coin would be the same in both cases.

So the probability A will go to from $1 to $10 is the same as the probability B will go to $10 to $100. in both cases an additional $900 in new money is needed.

if investment coin only use 10 dollar, i think is good buy coin with low price
under 5000 satoshi or under 1000 satoshi, because if buy coin with high price profit is not competitive

Yes, exactly.
Price of an individual coin is irrelevant. You need to look at marketcap. Also if investing long-term, look at current circulating supply vs maximum potential supply.

The coins that increase x100 or x1000 are likely to be the coins with small marketcap, not the coins with small individual coin value. And obviously this is offset by risk - these are also the coins that are more likely to fail, more vulnerable to pump+dump, and harder to trade due to small trading volumes.

My approach, and probably the approach for many people, is to put most in higher marketcap coins that already have a decent track record, and then a smaller amount in more speculative coins that look promising.

I sense small stagnation, so it wouldn't be so wise to buy many of those coins, but yes eventually every coin gets pump opportunity, it is just question are you ready to hold one coin for a few years? I don't like fact that my money is in trap, everyday i can trade and for few years i can achieve same results with day tradings.

Agree. SHIFT ;)

The less cost - the bigger future. But analyze smart not to get shitcoin

Day trading always better than holder long-term 1 - 3 years. You can flexible go out or comeback easy to keep safe your funds and take profit everydays, do that can helps you happy in trading and not boring with long time. But day trading only for people have a lot of time for it, not like holder just buying and saving ;D

First of all you should always consider the marketcap of the coin and not the price. But the main problem that most of the people fail to understand is if you are a long-term holder the coin you are holding will not have always upward movement, there will be some falls of the price and that's when most of the holders fail. Let's just see an example, you buy 10000 coins of $0.10 for $1k, you see potential and it starts going up. If it reaches around $5 which is already impressive, you made 50x of your investment and you have $50k. You feel that the coin is strong and can make you a millionaire but at the same time if you leave now you are a big winner. But you decide to hold for more time, and within a few weeks it goes down $1. You lost $10k but you still feel that is just a correction and it will go up again. Next weeks it goes down more $1 and you lost more $10k. You will start to regret for not selling at $5, you lost $20k in some weeks that could buy a new car. And here is where most of the holders fail. Would you have the balls to keep holding and pray for upward movement or would you sell and get a nice profit of $29k with just an investment of $1k?

That's why I feel that becoming a millionaire with crypto is mostly a dream that only happens if you have a lot of money to invest or if you are stupid(have big balls) enough to not care about your money, because even though I believe there are some rare cases of people who became millionaires with crypto, there are for sure more cases of people who could be rich if they sold in the right moment, but then again nobody knows for sure when the right moment is.

don't forget with XRP because this coin have a good chance to go up soon after this dump. i think waves is a good project as i see in their website, the dev and the teams still working on with the coins. my suggestion is don't buy so many coins using all of our budget because its too risky and this makes us can not move on to buy other coins that have good possibility to go up. be careful if we want to spend our money because the situations is not good enough to buy coins right now.

What if you invest $10 in every coin and wait like 1 year? I think you will get some good profit

I don't think so. Even if you find a 1000x that would be only 10k USD. That's not gonna change your life anyway.
Besides that you will see a lot of dead coins and wasted 10 USD each.

I undertand the strategy OP want to do but I don't think it's a good investment plan for long term. I would buy and hold some coins I expect to rise. For example WAVES, GUP, SNT...

Also i don't have stomach to waiting to long. This requires strong decision not to fall under influence or not look everyday what current price is.  I love when i take profit, and when i can sit down at the end of week and counts how good i was in this period. I can wait month or two but this is to big stress for me, and i avoid stress, BTC is quite enough for this.
Also investing in coins which are on the edge is like gamble to me.

One word : Populous

u are a hero member and still do not understand the price of a single coin is irrelevant???

delete your account.

market cap is what matters.

if you really want to know my wallet,
I choose many coins under 10 usd:

ANS Ant shares, community is very strong;

XSPEC Spectre, I think this is actually the best anons coin, it may go TOR Blockage,... which one better? None;

DGB Digibyte, very strong community (esp for gamer - and unique tech specs);

XRP Ripple, you know it that it is centralized. Who cares? Cart and fundamental are speaking for itself;

Other are also interesting: Wave, Stratis, Monaco, Ten X.
There are many actually,... check it by your self

Hey all.  I'm just curious but do these coins ever hit 0 where all your investment is gone to 0?  Because lot of coins like waves which was at 6 dollars or so has kept dropping down.  Its all the way to like $2.27 right now.  So if it drops to say 0.15... then when it drops more... then it will be like 0.02, then 0.01 and then 0.005?  So if you put a lot of money into waves, basically it would be worth very little at all then if the price goes to like 0.005?


This is what that is interesting.  If waves eventually goes back to 5 dollars, you would essentially double your money.  And the thing is it could take a very long time but even if it does, well your waves cant be worth exactly 0 right?  Can a certain coin like waves or any other coin go so low where its like 0.000005 cents etc?  I see some coins like this on coinmarketcap but i think these coins are very new etc?

Hey, I'm still very young to this crypto market and only started investing 4 months ago but yeah I think it is possible for a coin to go down and lose all of is value or most of it because most of the holders dump their coins, that's why you should always invest what you are willing to lose. I'll give you an example, when I started this I remember of a coin listed on Poloniex that was worth $4, it's ShadowCash but after all these months I never heard anything from it anymore so out of curiosity I checked the value now and it's only $0.08, so basically if you invested $1000 into this coin 4 months ago you would only have $20 now.

No, they are not new, again, it all depends of market capitalisation.
Some example ...

Bytecoin : $0.001140   but 183,138,440,747 BCN
Dogecoin : $0.001344 but 110,242,693,447 DOGE
Siacoin : $0.005797 but 27,806,431,359 SC
...

I also thought about something else.  Wouldn't the smart thing to do is to wait for a coin to first start going up first?  For example if a coin is 10 cents, i mean whats the point of it unless you have good info right?  Now if you see it go up to 50 cents then 1 dollar.  Then it goes up very quickly to 5 dollars, then wouldn't that be a great idea to buy?


For example, ETH and Litecoin was still pretty low earlier on.  Then it started to increase more and more.  ETH has increased quite a bit.  So even if a coin goes up to 25 dollars, that to me is very cheap still if it keeps going up.  But my thoughts are wouldnt it make sense to watch certain coins go up first before you buy?  If you buy lot of coins that are under 1 dollar... well they could stay around that amount for a long time which would be useless etc.

If you want to buy altcoin leds than 10 dollars I suggest to buy waves and for sure this coin increase before end of this year 2017 .
Maybe the price of waves before end of this year will be 100 dollars each and i hope it will happen.

Waves in current as Ethereum on October version 2.0, although very potential but the value still cheap and not have more investor. With me, invest to an altcoin as Waves is best choice at now. Waves had some ICO successfully as MobileGo, ZrCoin, ... and next time is Mokey Capital

MCO (Monaco) is really pumping up good in last 24 hours its gone near 100% pump also having good potentiality hold long term and also another coin is Waves its really having potentiality grow More than 100% in near future.

It looks like good concept for getting rich . But recently i dint find any coin lesser than 1$ having good potentiality may be ripple and doge but its not growing . I hope Waves will be the next ether where you can predict 100X profit in one year .

I think If anyone want to invest in Altcoin is better to invest after August 1
lets wait for splits of Bitcoin  :D :D

Stratis in this price is steal, we've seen price above 10$ so it's not problem in my opinion with this project to run above this barrier again

There are so many coins that are under $1 or even 10 cents and you could by a million of some coins for $10 but there is no guarantee that these coins will increase in price and if they do it could be only a small rise, there might also be a huge rise.

It is all a risk but if you do have the money to spare it can't hurt to buy some of these coins after looking into them but not just because they are cheap but because you see some type of future in them otherwise you are just throwing your money away.

But do any of these coins ever hit 0 where the coin cannot go back up etc?  Or does it stay at the 0.0000001 price etc.

I have seen some coins go below 0 so they were worth half of 1 sat, I bought into a couple that were half a sat and have since risen to 3 to 4 sats. The profit isn't that big but to answer your question is they can go to 0 and below. By the way the coins I am talking about are Zeit coin and 1337 coin and there are many more right now under 1 sat but of course they are traded in Doge or LTC. Most of these coins have large coin supplies which is maybe why they go below 1 sat but the coins I mentioned prove that they can get back up there if the dev's continue to work on the project and if the community shows and continues to have strong support for the coin.

Footy Cash (FOOT) was less than a Penny one month ago;  It's worth about $0.20 USD now.  It will probably go to $10.00 USD before end of year.

Here's why:

FootyCash has seen a meteoric rise in valuation for the past month; with a price increase of more than 5000%+ on multiple exchanges.[/b]

https://www.cryptopia.co.nz/Exchange/?market=FOOT_BTC#

https://bitcointalk.org/index.php?topic=1374929.0



Here is why I think FootyCash is a great cryptocurrency:

1. Footy has Rarity - Only 4 million coins total can exist.  There is a small POS inflation rate - about 3% annually (for staked coins only).
How many of you can say like the Winklevoss twins - that you own whole percentages of a cryptocurrency.  
Looking the current price of FootyCash you actually might be able to!

2. Footy is the first Fantasy Sports Crypotocurrency ever made. - Footy is the Bitcoin of Fantasy Sports!

3. Fantasy Sports is a multi-billion dollar industry - with tens of billions of dollars in annual revenue just for Fantasy Football alone!  If you count all the illegal gambling the figure goes much higher - maybe hundreds of billions? (not that I am condoning illegal gambling - but it's a fact of reality that must be considered anyway).

4. Coinmarketcap list just under 900 altcoins; of those listed only a  small percentage of altcoins have a cap of less than 4 million total coin.  Every coin on coinmarketcap with a rarity of less than 7 million total coins produced are all worth more than $2.00 USD - with the exception of Dreamcoin (because of YOBIT) and FOOTY CASH (which is currently undergoing a price correction: 5000% increase in the past month alone.)

5. The coin was greatly undervalued because of unawareness of the Footy cryptocurrency and Fantasy Sports as well.  As more and more people become aware of its value the price will continue to rise.

6. FootyCash has a great developer, active development, and the best community support!

7. FootyCash has a promising roadmap and is currently developing Masternodes and Anonymous Send like DASH and PIVX for the next release.

8.  The name FootyCash may sound funny but "Footy Cash" is an actual English term (apparently):  

     https://www.power100.com.au/news/local-news/81959-footy-cash-to-go-to-good-friday-appeal
     and
     http://www.heraldsun.com.au/ipad/california-club-brothel-sues-in-footy-cash-feud/news-story/bd77f7d397a34a067342a113b5bfa5d8

9. DraftKings, FanDuel, and other Fantasy Sports companies are getting the legislative green light to operate in most U.S States and other countries as well.  

    When these companies decide to follow the trend of most corporations and switch to blockchain technology - I guarantee you that they will take a hard look at FootyCash first!

10. Oh, and the price of Bitcoin is dropping and will continue to drop until the August 1st Segwit activation takes place.

While Bitcoin is dropping, FootyCash is actually gaining value daily.  FootyCash is a great store of value to weather this storm.

*****************************************************************

FootyCash (FOOT) dev just confirmed Anonymous Send feature like DASH and PIVX to be added along with masternodes in the new release of FootyCash:

From:

https://bitcointalk.org/index.php?topic=1374929.400

Hey all.  How much money would you say you would need to invest in bitcoin and altcoins now where in the future... your coins could be worth 1 million dollars?


Would you say you need at least 100k minimum?


If you had 10k to invest right now, what coins would you choose and how much money on each coin?  I assume buying bitcoin now would be useless right since you cannot buy much bitcoin? 

Im curious but are there many people that bought like 5000 or 10000 coins of something when it was like 25 cents or 50 cents or max 1 dollar?


Because say that coin now is 5 dollars.  If you bought 10000 coins that cost 25 cents each.  That is $2500.   That 10000 coins would be $50,000 now.  And if it goes to 100 dollars, that would be 1 million dollars.  Now im wondering imagine someone went big and bought 50000 coins at 25 cents each for $12500.  That would be $250,000 and if the price goes to $25... that would be 1.25 million dollars.

Hey all curious about this.  Wouldn't you say most people should not buy any coin that just released?  Thus any coin that is 1 dollar or less should be avoided when they first come out?  Thus you should look at the price history to see if there is any upward trend at all before buying?  Of course if you do that, then you get a worst price.  I mean imagine you could get a coin for 25 cents.  However you have no idea how it would do.  The price stays the same and maybe goes to 35 cents and then goes back to around the same etc. 


However if you see this coin spike up to 1 dollar and then 2 dollars, then doesn't it make sense... okay this coin is showing progress with its price?  Then you go buy?  I mean obviously if you have 1000 dollars and want to invest... and say a coin is 25 cents... you can get 4000 of it.  But if a coin is 2 dollars, you only can get 500 of it.  However, if you just immediately buy it when it comes out at a low price, i mean isn't that just a bad idea because the price probably will not go up much etc?  Thus just wait and look if any progress first?  I cant imagine buying any coin where there is no price history.  Thoughts on this?

in my opinion i strongly recommend to invest in siacoin, $0.008 each coin (around 300 sat) it has been dumped during the last month, so it is obviously going to recover. you can easily x2 in a few weeks, or maybe more in a few months.

I don't understand why you mentioned price, price is determined by two factor and does not matter itself. You should consider market caps, projects with a proven team under $10M marketcap are good to invest.

I like your idea to buy a convolute of cheap coins and hold them long enough. If we would have done for example at beginning for this year for doge and bytecoin, we also would be reach. BCN was 0.000005 $ and dogecoin was 0.00002 $. So also many new cryptocurrencies with meaningful projects behind them give a good chance for high profits and to support innovative technologies and developments.

I think Bitbeans is one of the best.

Great marketing, great devs and actually a good idea. And really cheap

Market cap and max supply values are more important than prices.
If you can find good project with neat idea, and if it has bigger market and lower supply comparable to price. You can always profit. Some altcoins are under $0.1 but they will never hit $1 even with huge supply.

InsureX (IXT) maybe is a potential token which has low marketcap ( over $4m of fund ) and the prices just over a bit 0,1$ per IXT. Besides, InsureX is a first blockchain-based project for insurance marketplace based in London where the top of insurance sector. So if they release their products and attract to adoptions or insurers invest into the project then we can expect the prices 10- 20x. :) Very attractive but not many people realize :)

all of these became around 0.5x after you wrote these post.

Sounds like the worst advice ever lol. But really altcoins in general have come down hard since he posted that and few other coins would have done much better.

CloakCoin - it's going to moon very soon

Encryptotel , bitquence , polybius
They will have a big succesful but you need to hold the long time :)

Hey all can someone clarify this for me?


If a coin is say $50 and another coin is $3.


Wouldn't it be much harder for that 50 dollar coin to hit 100 as oppose to the 3 dollar coin hitting 6 dollars?


Now what if the other coin is say 0.50.  Wouldn't that coin hit 1 dollar much easier than the coin that is 50 dollars? 


My thinking is say you buy $10000 worth of coins of a coin that is just 0.50.  Well the most you can lose is 10000 but of course no coin goes to 0 right?  But when it goes up to 1 dollar, it seems lot easier than going to 0.  And when it goes higher than 1 dollar you are making a lot more.  This is when you can 10x or 20x easier. 


What if a coin is say 25 cents?  Now that would be much easier to 5x or 10x it etc.  So wouldn't buying a lot of coins and really cheap prices as long as the coin shows it is going up even if its like okay 5 cents, goes 8 cents, then goes to 10 cents.  Then all the way to 25 cents etc?  Thus then you can make a lot of x amount if it goes up etc? 


What percentage of coins 25 cents and under actually perform well?  What percent of them just stay the same etc?  What percent goes to close to 0 etc?  Because if you buy say one coin that is 25 cents... well you could buy 5000 of it for 1250 only. And if this coin goes up to 5 dollars, that is huge profit etc.

Why dont you buy some pizza or Big Mac ? just eat 10$ before you lose in Altcoin ... because no one can predict about Altcoin

Try buy boscoin on hit btc. Yes it is already 20x ico price. But in my opinion boscoin can made 100x-200x ico price. The ico price is arround $0.04. And i remember korean is the biggest buyer for cryptocurrencies right now. And boscoin is the only one coin originally from south korea.

There are lot of coins for under 10 dollar each.  Does anyone here think this is good idea?  I mean if you buy a coin for 1 dollar... and it doubles...  you double your money.  With potential to make a lot more if it goes up to 5 dollars etc.

So i looked at many coins and notice there is a coin called nolimitcoin.  Its 0.49 but it basically was not even 1 cent earlier this year.


So let say someone buys it at 1 cent.  Buys 10000 of these for 100 dollars.  So right now... that 100 dollars is 4900 dollars.  So basically this coin already 50x the amount right?


This is ridiculous because if someone invested 1000 dollars on this coin at 1 cent... they have 49000 dollars now with potential to earn more?  It seems like most coins just go up etc.  Can someone tell me if im correct here or not?  I mean imagine buying a coin for 50 cents and buying 10000 of them.  Then that coin goes up to 5 dollars.  That would be 10x your money.

Yes you are right, crypto is a great opportunity to invest and increase your wealth. You just have to find a good coin that you feel it has potential to increase a lot and hope for the best but there are always risk involved, I'm pretty sure that there are more cases of failure than cases of success in the crypto world.

What do you think of COINDASH and DENT? The have very low values now. Is it a good time to buy more. Only risk here is that you need to be very patient in waiting for any good news about these coins.

You can multiply your value by 10 or 50 times with new coins, but it doesn't happen very often with coins that are on the market for long time. For example when the new ONION coin came to first exchange, Novaexchange, the price was around $0.25. I bought some but I had no idea what is the expected and realistic price for this coin so I didn't invest much. In few weeks, the price went up to $4. This means x16. Imagine if I invested 1 BTC :)
Now the price corrected because the growth was too fast. Now the price is around $1.30 to $1.50, depends on bitcoin value. This is still 5 to 6 times more than at the beginning. And I am sure it will increase back to around $3.

Also, don't get emotionally tied to your coins.  Just because FTC has been with you from the beginning doesn't mean you can't part with it if it's done well for you.  For me, this has been the hardest thing to overcome.  I am pretty much beyond that now though.

As far as actual investment advice, spread it around among a few coins. 

that's how crypto should work mate every coin that really got potentials is needed to wait until the growth and development has been achieved
never to do any day trade because it will just end you up losing because of some swing so better to have a big faith with your project coin.

Hey all.  So let me use a few examples really quick.


When you look at a coin like wings... it started at 0.02.  Its already 0.70 at the moment.  So basically if you got it at 2 cents... you would have 35x your money.  So let say you want large and bought 10000 wings so 2000 dollars.  That 2000 dollars is now 70000 dollars right?

The thing is if the coin is like 25 cents or less when you buy it, wow you could 10x, 20x much easier.


Are there ppl here that buy like tons of these coins at 10 cents each and when it goes to 1 dollar, you made 10x your investment?


The other thing i want to know is how many coins out there drop in price and never recover etc?  Because i read ppl say most coins are shitcoins.  Yet many of these coins seem to make lot of money etc if you could get it at 10 cents or something ridiculous like that.  I mean ... if you get something at 2 cents.  It going to 10 cents is already 5x your money.

Don't learn the hard way.

Just learn what market cap means to avoid headache. It doesn't matter if the coin costs fractions of a penny when there are billions of coins ready to be dumped.

I really believe Zencash can hit $50 before the end of 2017. Only 2mil coins in circulation right now, 21mil total. Marketcap 20mil.

Secure nodes should be up and running this or next month and that will increase the price for sure.

I actually made a list of altcoins I had researched. I don't have these coins yet but I need  your opinion about this what do you think of the following?

As of 9/7/2017
10:30 - 11:40 AM

Signatum - 888 sat
Doubloon - 120 sat
Putincoin - 777 sat
Titcoin - 106 sat
BitAsean - 2166 sat
Florincoin - 1822 sat
Sexcoin - 204 sat
Rupaya - 758 sat

Incakoin - 5 satoshi!!!

cannabiscoin - 630 satoshi
burst - 276 satoshi

Appreciate if you can provide feedback,

That day today.  :)

I never get this, people wanting to invest in coins under a specific $ price per coin. The price per coin alone is irrelevant to determining a good investment, it is the market cap or combination of price per coin and supply that is relevant.

If there are only 1000 coins of a specific project and the price per coin is 1000$ the marketcap is 1million$
Now imagine the exact same project in fundamentals but now there are 1 million coins at 2$ per coin, making a market cap of 2million$

All other things being the same what should you invest in?

Obviously the first project, at 1000$ per coin.

traders don't care about price clone only to get more profit withing specific time frame and moving to another one but actually there are good project outside the box .