Bitcoin Forum

So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.

I don't think it's pointless but I personally, would rather invest in cheaper coins with more gain potential.

I'd rather have an X amount of a cheaper coin than actually owning 1 ETH/LTC/NEO/BTC or w/e.

It's just my personal opinion though.

Well if either doubles, then you doubled your money. Sure it might not be a lot since you didn't invest a lot but the return percentually is still pretty great. If you have some sort of montly income or anything like that I'd advice to montly average into something you think will do good in the future. When it then does and this market picks up its pace again you can invest in some more riskier and rewarding cryptos

Maybe so, you can buy now 1 coin NEO or EOS because it seems to me that later on, in about a couple of years, these coins will cost as much as today bitcoin, it seems to me that the prospect is this.

There's no guarantee that a cheaper coin will appreciate more than a more expensive one.  And price per coin isn't a great indicator of value anyway because price is greatly affected by the number of coins in circulation.  For example, I have full confidence that 1 NEO will be worth significantly more than whatever the equivalent number of Dogecoins is a year from now.

You have to look at the potential of the cheaper coins. Why will they increase in value? Check the volume of your chosen coin in exchanges before you invest. If volume is too low then you may struggle to sell at any price in future.

If I am in the spot you are in right now, personally (don't think this is easy!!) I'd invest into some smaller cap coins that have potential to do like 10x within few months time, or even faster. If you invest into high marketcap coins, of course there is space for growth and for you to profit in the long run, but then you need to make sure to hold for long time, I guess. If you happen to don't have much now, why don't you try to offer your service, something that you can do and earn cryptocurrency along the way. This is best if you don't have much to invest, try to grow your stash of how much you own.

   I think there is a point, I believe in that. I already invested
and now I have some Litecoins, NEO`s, Ethereum`s, and others.
Look at their total coin supply, if some or all of them become
globally used and supported by governments many people will wish
to have a peace of that. Demand can go so high and with that
price can be very high too.
   Question is simple do you believe that 1 Bitcoin can worth 1 Million
in 10 years!? Then Ethereum can be $500k?! NEO, Litecoin to be
quarter million?! Can that happen in 10 years?! If your answer is positive
look at the price now and compare with the ones in 10 years from now.
   There are more optimistic predictions then mine is. Some think`s that
this prices will be real sooner than I believe.

I do think it's kind of pointless, you will end up with a few hundred bucks profit in the future (maybe even a few thousand depending on what you hold).
But nothing life changing.

You can buy these tokens, much you will not earn, but they will bring profit in the long term.

For your purposes, you don't need to buy a whole LTC if your funds are limited. You can purchase a fraction of one, along with a number of cheaper coins.

If you are not going to deal with the permanent trade in crypto currency, then it is more reliable to buy coins from the top 10 coinmarketcap. These coins have the greatest capitalization and the least risk of depreciation. It is also worth spending your time studying the coins to be purchased and making independent conclusions about their possible takeoff.

I advise you to change your strategy. It is not necessary to buy a whole coin, you can invest, for example,$ 10 in different coins from the top 20. Read articles about cryptocurrencies, listen to the reasoned opinion to understand what coins have prospects for growth in the future.

With any investment it is dependent on the person and what they are aiming to achieve, if you want a safe and stead investment then look no further than LTC and NEO, if you are looking to gain a large amount from your investment then you need to go for something more speculative and risky.

A few hundred bucks would not help me much. We have enough to live on and pay the morgage, but it isndifficult. Some help wi5h the mortgage would be great. So I am not sure if LTC or NEO can bring that help if I can only aford one unit of them.

This is not meaningless, but not effective especially if the coin has a very low price. Therefore, it is better to collect more coins at a lower price than to take 1 bitcoin and expect a miracle.

go to coinmarketcap and search alt for a price below $1, you can buy much more than you buy neo or ltc. but before you buy it, do some research and discussion to get the best option.

Depends on your definition of significant profit. If it means you want to get rich, you probably need more then 1 of those coins.

If it it means you want to get a high ROI percentage wise, you can do that with 1 coin just as well as with a thousand coins. It just means the actual dollar value may not be very high.

I think you shouldn't worry about your economical capacity. I remember time I first bought my coins, I invested like 500-600 dollars or something. Not even kidding. Both coins you consider are great to invest.

Of course, look at the etherium or dash these coins are no worse and can cost more than $ 1000. I would also add the monero to this list

Its wise to hold some great tokens or tokes that have a great potential in the future!
surely soon you will not regret buying those coins! but I can suggest too that make a trade! go get more of it! triple your asset coz cryptocurrency is starting to recover! just sayin,,,, cheers!

no matter what you hold or have, most importantly you already know all the information about your coins. especially if you want to make a profit, you can trade fast. and redeem your altcoin until the amount increases. that is trading.

Your profit will probably scale proportionately to the amount you invest and by how much the value of the coin rises. It really doesn't matter whether you have 1 whole coin or not.

That being said, you have a higher chance of gaining a larger amount of profit if you invest in low value coins. This is simply because low value coins usually tend to grow more in terms of % compared to larger coins. It is easier for a small coin to go from $1 to $2 compared to a large coin to go from $1000 to $2000.

It all depends on what you want to profit from your investments. If you want to invest 500 bucks and get through half a year or year 1500-2500 then I believe that you can buy these coins. If you want to get x10 for the same period of time, it is better to choose other coins / tokens (only before, learn in detail the coin / token you want to buy). If you are the same as me and see the future of world business and economy in Crypto and this prospect is 5-10 years old, then buy these coins and forget about them (most importantly, keep them on a cold purse and not on the purse of the exchange).
All that is said is personally my opinion, which can be erroneous. Think, read and analyze with your head!

How many coins that are worth a few cents do you think one should own? ???

As most of the coins are divisible to minute fractions, there is total sense in having 1 coin.
1 bitcoin is worth, >8.5K dollars, that's quite a money. It was about 1K dollar two years the current date.
Same can happen with NEO or any other coin.

actually it depends on us, because there are various kinds of ways people to invest, such as investing in big coin or coin is cheaper. there will be nothing to ban but the size of the coin that we will invest must have a high potential increase in the future.

It's always a point of having different coins, never invest just in one of them - if something happened and the coin going to sink the second one will save your back.  ;)

If I'm not wrong then I think you are confused if the expensive coins need to be bought whole or they can be purchased in fractions? If this is the question then you can purchase any fraction of a coin in the crypto markets. It doesn't has to be a whole value. You can buy 0.1 of NEO or 0.05 of LTC it doesn't matters.

Expensive coins like BTC, Litecoin, ETH can be bought in any fraction, there is sense in buying 1 each, it's your choice.
But for me I'd like to invest in cheaper coins that have potential instead.

there are no stupid questions when you are learning.

whether this is good or not depends on your strategy in my opinion. if you want to make profit from altcoins (which seems to be the case here) then this strategy that you are using is not the best one.
what you should do is to invest in a coin (any coin) that is about to have a big rise. invest all your trading funds (invest what you can afford to lose) and then dump it when it is pumped to get your money + its profit out. then move on to another coin that is about to rise and do the same with the money or money+profit that you gained.

this is the way to increase your wealth not by holding on to 1, 2 altcoins.

Better invest on cheaper one and trade it with caution. NEO and Litecoin will take time before you make a 100% profit. But if you want a less risk investment, just stick with NEO and Litecoin.

The coins with higher value provide more stability than the coins with low value. Definitely you can earn significant profit by investing in coins such as NEO and LTC, because these are less volatile and show steady growth over time. Moreover these coins are secure to invest in.

Though you won’t be able to make large profit like you could make in coins with less value and low market cap, still you will get steady returns and your investment will be secure and less volatile to the market.

It's all in cost-benefit analysis.
There is a point in owing 1x of anything that is, or can be, worth more than, say, 100 USD, but anything besides that, and owing too many, is just a nuisance - you have to track more coins, pay more fees for trading the same value etc.....
I is always the best idea to build a portfolio, but also not to diversify all too much.

Yes, I think more coins you have there are more chances to get profit. so go ahead.

Indeed. To differentiate potential coins with scam coins, checking of volume is quite necessary. If a coin is high in value, but the volume is quite low then it’s surely a fake pump by whales or by some groups on telegram. Therefore, checking of volume is necessary before investing rather than just pouring in money seeing the hype. Never invest in a coin with Lower volume and high rate because you might end up losing most of your investment and shall struggle to sell them at last.

Indeed. If we are talking about gaining potential that cheaper coins with low market cap must be bought, but if one needs secure investment, well established coins with high market cap such as ETH, BTC, LTC, NEO, etc. must be bought. Although, you can invest most of your amount in small value coins with low market cap, you must also keep some amount in high value potential coins, so that you have secure investments as well as volatile one which might give good returns in future.

In fact. Do not focus on the per price of a coin. U should check its market share of a coin. If u think that coin will have a bright future and this coin's market share is very low. U could buy it without any hesitation.

I can’t agree more on the fact that NEO and EOS are potential coin and can grow to be huge in the near future. But I wouldn’t agree than it can reach till the price of bitcoin. Surely they can cross bitcoin in terms of market cap if everything goes well and we see development and advancing of technology in them, but they will never be able to compete or even come near to the price of what bitcoin nearly is because the supply of NEO as well as EOS is pretty more than bitcoin and so even if they reach the same market cap that bitcoin holds currently, they wouldn’t be of as much value as bitcoin. It’s all the game of demand and supply. Larger the supply less is the value of the coin.