Bitcoin Forum

Many coins earlier this year has 10x, 50x, 100x etc.  These are coins that are under 1 dollar etc. 


I been looking at a few coins that are under 1 dollar.  However the issue is the market cap for many of these coins are really high.  If thats the case, does that mean a coin going from 10 cents to 1 dollar is much harder now than those other coins earlier on?  Because everyone mentions look at the market cap.  Because where are the altcoins that are under 1 dollar where the market cap is low then?  So does that mean those altcoins that increased a lot in the top 25 all had a low market cap?  If so why did they have a low market cap?


Also wouldn't it be very hard for a coin to 10x now even when 1 dollar or less?  It doesn't seem like its easier to do anymore compared to those top 25 coins that just skyrocketed etc.  I mean lot of coins costs cents and now are at least 50 cents which many are at least 5x or 10x now.  If thats the case, does that mean its hard for coins now to do that compared to earlier?

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Yes haha i still remember those days in when everybody and specially all those newbies were saying that they were going to be millionaires because they were going to invest one thousand dollars in each coin that was under $0,10 in order to make a x100000 and be billionaires, even more money than bill gates..
Altcoins aren't having the same attention that they had on the past, everybody is now interested on bitcoin and this is one of the most important reasons of why people started to invest in bitcoin in order to join other projects. Because it is much more stable and profitable than other altcoins/icos.

Altcoin down as deep as it can certainly go up again however
the increase is still relatively dependent on market enthusiasts and market demand and strength
alticoin buyers are fully decisive. when the price is too cheap
then automatically trading players alticoin trying to buy the coins
at a cheap time then sell it back when the price is high because that's it
high price then on sale again so the price dropped in buy again price up and down again.
I have some alticoin and do not know what to sell when ..
because the value is very low

The reason we are having this low increase is because of the huge valuations of this ICOs, Stratis raised under a million, even Ethereum raised less than $20 million, what are all these new projects doing with over $20 million, a start up project

The potential growth of a coin don't really matters in just the price. You should depend the market cap and not the price or its supply. Just like Ripple, it is very cheap but its market cap is already in billions because it has billions of supply. 

Based on the potential the price of all the coin is raised.Even the price of bitcoin is based on the potential it was survive for the time period. Since the bitcoin is survive for the long periods it's price is automatically goes up.ETH is one of the altcoin is survive as like bitcoin and has it own value. If you have low capital go with ETH.

The reason why the market cap is low for few altcoins is because they know if the supply is less along with lower price, apparently the demand for the coin will be higher than that of an altcoin with greater supply which also will be having a lower price.
One of the main reasons why altcoins go up by 5x or 10x is because of the possibility of the altcoin getting listed in a major exchange or the team is trying to do something really good for a community or there is a buy back taking place.

Yes ah, most of the ico I recently invested in are at a loss, basically starting from the distribution of tokens, the price of tokens is lower than the issue price, so the recent investment is not recommended ico.

You do not know  :-[ there are coins which have billion dollar market cap and under $1 and have 1M market cap worth $152 etc.

If you want to multiply your investment than you should buy tokens when they will start trading at lower than ICO price because of large dump coming from bounty hunters which is normal for most of the coins. Than wait for few months, if the project is real and team member behind it is working hard than you can easily get high return within few months.

It is quite hard nowadays to select promising coin out of pool of 1000s of alts so its better to stick with only few coins which you follow daily or atleast keep updated about. Don't just invest in what other's suggest.

I think only the market can answer the current price, we know the current price of alt is decreasing drastically and I am sure this trend will last until the end of the year

yes its hard to get lot of profit in altcoin as of now the price of bitcoin rise if you hold your bitcoin before the price go high
you will get more profit the only possibility to get profit in altcoin if they get new feature or the incoming feature in roadmap become succesful
it will get more adoption and price will increase

All alts are in dip right now,but it will recover eventually i am holding my alts till january 2018.

A lot of coins and tokens out there we will never know the real and the stable value to each one of them.Maybe in the future they can be a greater value for each coin.

Yes because of this continuing increase in the price of bitcoins. That resulted in the downfall of altcoins. This is due to the transfer of people to the BTC. Altogether these altcoins are sinking even more by every increase.

For 100x possibility I think is low. But it's crypto so anything can happen. 10x easily, for long term.

Alts was created for long term purpose,(ofcourse not those damn scam and shitcoins)how ever we expect big amount from them thats why expectation fails us.since we bought them in such a low price.why not just set them aside and wait for thier time to bloom.thats the problem here in crypto.mostly expecting quick cash like those fews posting of how much they win or ewrn in a short period of time.but thats only few we should remember.it wont happen for all of us.be realistic,just go with the flow

look at the chaincoin,,
from yesterday this coin grow and hit more than 100%
and i think ,this only the beginning

Many coins, true, but it is very deceptive to think that if you buy a handful, you might get lucky with one. There are thousands of altcoins out there with new ones entering the scene so quickly it is hard to track. I am sure if you count the many coins, we might end up with 30 coins with 10x etc?

But with thousands to choose from, especially looking at price below 1 dollar and low market cap. You have less than 1% success rate. As you say, the difficulty to then identify the winner is just impossible. And no, I think it is not less or more difficult to achieve now, but more difficult to identify from a big crowd.

I think it is not difficult, because altcoin currently has a good price in the world of cryptocurrency and altcoin in the future will have an advantage. altcoin's current position is to be a counterweight to bitcoin.

While bitcoin price is acting like crazy (like today) its really hard to get profits from altcoins.
Almost 8.000 usd reached today for bitcoin and i have still hope on alts too.

Bitcoin's price is really pumping and dumping at the moment, but it is more on pumping. I am hoping for alts to pump like bitcoin so we can earn big profits and enjoy trading.

of course not

pick good undervalued real projects and large returns will follow.

the part where i say real projects is real important though not just any marketeers promises and junk

Not harder but that's like a luck.!!

But if you want to invest for high profit I only recommend Hacken and Ins Ecosystem.

It both have a good reputation now.

yes it is too difficult to get profits from the alts right now because the BTC is mooning maybe in the first quarter of 2018 the alts will dominate.

I think it's much harder. I had a coin and it reached rock bottom. I couldn't sell it even for the lowest price possible, only after a few weeks. There are many coins like that and that's the proof that not all altcoins increase in profit. You must have a good product behind it, or at least make people invest in it in high volumes. That surely does help

Yes, because there is much more of them now then in times when bitcoin only existed.

If the alt is stronger it will recover back eventually after every dump just like Bitcoin but if you are holding shitcoins then they probably will be dead with BTC movements. We can clearly see some examples in the past like Siacoin, Digibyte etc. 90% of the alts won't even stay for a year.! lol

Yes, it's harder because there's so many alts right now that a lot of money goes to different places not only a few alt like maybe a year ago. Bitcoin situation lately doesn't help because people want bitcoin because of the high price, almost all my investments are losing value against bitcoin.

yes you are right, altcoin is now difficult to rise in price due to the influence of segwit2x bitcoin issue. we'll see later when the issue is no one is sure bitcoin prices will decrease and make altcoin prices rise.

Altcoins will bounce once the market settles and the BTC bullrun is settled. The whole S2X drama shattered the altcoin market and the sudden rise in BCH added fuel to it.

BTC is still gaining and gaining at the "expense" of all Altcoins. The Alt Bull run did not really happen.
Portfolio is 50% down in BTC value. (Should have switched) since end of October.

wait for the next wave of new comers, and the end of the fork :)
the market is more stable now

The price of an alternate currency does not depends on its price per coin but also depends heavily on the market cap of that particular currency. Look at alts that have a low market cap as if more money comes into it, it should automatically increase your money invested into it.

It all depends on the market. You keep getting pumps and dumps, all altcoins are affected.
Just the other day Ripple spiked and had a 17% gain, but it's also expected it goes to $1 by 2018. We wont know unless it happens!

Once bitcoin's price stabilizes alts will begin to rise again. Now that segwit 2x is past money will flow into bitcoin and alts again.

Yes right now is very hard to predict alts that will go up we can see a good pump by early 2018 that time we'll increase our profits.. Hope you holding your coins.

We must look at the capitalization of coins and tokens. It seems to me that this is the main factor for the speculative market.

It is true to say that ETH is the best alt coin. Coins are as valuable as their endurance in the market. As is obvious, so far BTC and ETH are the ones which have proved their logetivity. In terms of other alt coins I would suggest buying for long term profits( short ones are risky - the pump and dump game will trick you at some point, no matter how good you are at speculating). I would look at the projects they are representing, their prospects on the market etc. For allt coin which is dipping at themoment I would look into AMB.

Yes, none knows the reality. Just based upon the speculations as well trust associated with the increasing investor base people have the predictions about the value of bitcoin. Most of the time till the price goes high people think of the growth and later used to feel bad of missing the opportunity.  As in the statement the price spike happens often and very few trust and invest.

Currently, values of many altcoins had dipped drastically. Ethereum has increased in its value a bit. There were many tokens which had a  value of like 0.5$, 0.7$  at the start of the year but has now increased in value quite by a good margin. It is not that it is harder for altcoins to increase  in profit, they would slowly increase in value with time but not all coins only some which are worth.

Agreed! You need to wait and watch for having a fair idea about the market in the days to come. In my opinion, it is not that much harder to make out good amount of profit by altcoin even at the very present moment of time. It all depends on your skillset and the way you make the decision. You can still earn and earn something really good. You only need to believe in your capabilities.