Bitcoin Forum

999$ :)

I've seen topics like "should i buy coin under 1$", "what coin under 1$ should i buy". Replies are most likely like this:

"coins that cost under $ 1 actually have a big effect in big profits. Because if you have a lot of capital you can get multiple profits and big your income"
"Remember this dude. ANY COIN in the Top 1-20 of coinmarketcap under $1usd can be called CHEAP.  Remember these coins might grew to $100 or even $1000 in the next few years. Remember ETH. It is only a few cents 3years ago. Invest noW!"
"it is too risky to invest in cois worth less than 1$"

I've never seen such a nonsense beafore. Thats why i decidet to create this topic. To prevent all of you who still pick yours coin by its price. And those who read posts like this above and make their investments.  

Coin price mean nothing. Literally nothing.

Price of token/coin is based of its market cap (marketcap - this is amount of money that tells us how much specific coin is worth) (THAT determines if coin is risky or not, if it will have space to grow and how much space) nad number of coins. token price = marketcap/ number of tokens.

During ICO companies sets number of coins to be distributed. It can be 1 coin (divisible for milions - like satoshi for bitcoin) or milion/bilions of undivisible coins. Its up to them. Why the hell you decide to compere coins by price if one cryptocurrency can have supply of 1 coin and other bilions of coin. You really think that each of them should worth the same and if one of them is cheaper and both do the same than you sould chose cheaper? Or mayby you sould chose one witch lower marketcap (numebr of coin x price of coin)

If price would define if coin is risky than Ripple (0,66$) and Iota (1.73$) will be more risky to invest than Maker (800$) Mixin (800$ set on 1 exchange with funny volume).

Its not like every newbie think...

If ill buy coin worth 1000$ and it move 1$ i would earn 1$ from 1000$
If ill buy coin worth 1$ and it move 1$ i will earn 1000$ from 1000$

Yea but its not the same move. 1000$ coin move 1$ every day. Even 10-30-100$ every day. Beacuse it move % of its value. Not cent by cent.

So if you'll buy 1000 coin 1$ each it will move to 1,001$ when 1000$ will move to 1001$ - giving you same profit.


Newbie said : I bought 0.1 btc i will not earn much :(
another newbie said : I bought 10 000 000 satoshi - ill be milionair soon

And thats the same amount and the same risk/prift

If IOTA become better project than bitcoin it will have higher market cap not higher coin price. If it will have higher coin price its marketcap will be more than 4 000 bigger that bitcoins. It will have 30 times bigger marketcap than whole S&P 500 (apple, facebook, amazon, microsoft, mcdonald and other 500 biggest america companies) - insane and thats only catching bitcoin (in price of token!)

Now imagine ripple moving to bitcoin price... No chance.

Whitepaper, marketcap possition, project, team, hype, whales, news - that decides if price go up or down and how fast. Not token price. Remeber about it and never chose your coin by its price.

Dont trust me? Go to coinmarketcap.com or coinchceckup.com and compere how prices are changing in top 50 coins. For example during last bear market 01.2018 - 04.2018. they all dropped 70-85%. Not 10% for 8000$ coin and 90% for 1$ coin.

Coin price mean nothing. Literally nothing.

"Ok my wallet is to risky ill sell my iota, stellar, cardano and ripple and buy BIT20 (worth 922k each coin), ProjectX (worth 90k each coin) and 42-coin (worth 31k each coin). With that high coin price it wont move much. With that high price i wont loose much if it dips"

The answer seems so obvious but in reality, another difference exists. It is already proved that cheaper altcoins are growing faster and gaining more than the most expensive ones and Bitcoins also.

Agreed. I think it's a rookie mistake to look at the price of the coin rather than marketcap.

You have a good point with that Lets give an example you buy bitcoin at 10,000$ each 1 BTC and i buy 10,000$ of XRP for 1$ each (this is only an example) and they both encrease 50% and they are all the same profit.

If the $1 coin is good and have the potential to grow in the future. This coin will make you richer than buying a $1000 coin. And there the $1 coin have more room for improvement.

I agree with you, one of the most common mistakes is to look at the price of the currency only.[big whales swallowed small fish]
1$ coins can be worthwhile if investing for short periods and fast movements. check Gainers -----> https://bitscreener.com (https://bitscreener.com) and make 1-day investment. But most of these coins have no place in the future and is not suitable for long-term investment.
Again "never chose your coin by its price." & "Stop the pink dreams [price will rise to 100,000]"

Proved by who?


1000$ coin will jump to 100 000$ as easy as 1$ coin to 100$ coin (beacuse there is 1000 times less of the first coins)  if they have same price incrise indicators (whitepaper, team, hype - like i mantioned beafore). There is no price limit that will slow price grow. Its all about circulating supply.

Newbie said : I bought 0.1 btc i will not earn much Sad
another newbie said : I bought 10 000 000 satoshi - ill be milionair soon

Amount of coins you bought does not matter. Money you invest does matter (coin price x number of coins not only number of coins).

Current 1$ coins are not bitcoins years ago. There are like bitcoin now with only lower price coused by higher circulating supply.

All crypto will grow or not depend on the they have strong community and team developer, and not based on the price itself. Just take alook Dogecoin that the price very cheap but the price since acouple years just about 50 to 200 sathosi. Last year the cheapest altcoin is Verge , when tradeable just started by price 1 sathosi and the price keep growth, that because they has strong community and has good fundamental.

It's psychological where people look at the price and think wow that is cheap, even though there is a circulating supply of 1 billion coins! Some projects need that many like THEKEY which is aiming for mainstream adoption in China, whereas others don't but it attracts more investors that don't check the stats properly

No , Obviously it is not as easy for a coin to get from 1000$ to 100 000$ as easy as a coin get from 1$ to 100$
A runner can run from 1 meter to 200 meter in less than 1 minute but is it as easy for him to rum from 100 to 20000 meter as easy like that?
Of course not , as a coin grows bigger , It becomes heavier and it moves harder .

If coins grows bigger (have higher maket cap. not higher token price !!) than it will move harder.

I see i need to talk more clearly.

Imagine that token has value of 10 000$ and there are 10 of them what gives market cap equal to 100 000$. now I came as an investor and put 200 000$ into this coin. Price wil surge to 200 000/300 000/500 000$ (impossible to calculate) or even higher cousing fomo. 100% - 400% increase in 1 day !. And coin has value of 10 000$. It wil surge because when marketcap is equal to 100 000$ and i put into this 200 000$ it means that without moving price i will have to buy all of coins and put rest 100 000$ back into my wallet because there are not nessesary. I have all coins bought for 100 000$ because there were worth that much(of course price will surge and ill have ability to use all my money).

Now imagine that token has value of 1$ and there are 10 bil of them - marketcap equal to 10 000 000 000$. When ill buy for 200 000$ noone will even realise that.

Token price does not matter, Marketcap does (bigger coins moves harder beacuse they have bigger marketcap not bigger token price)

If anyone disagree with this example write how i'm economicaly wrong. Not how runner is running.

Yes its as easy. But its not as easy to move from 1 bil marketcap to 2 bil marketcap like from 1 mil marketcap to 2 mil marketcap

you are absolutely right but one thing is missing from all this:

coins that are smaller, which usually translates into having a lower price like $1 and less, have a much bigger potential for getting pumped harder. for example you will never see a coin that is worth a lot like $1000 be pumped 500%. the best you can hope out of these big coins is a 50% pump to 100% if you are lucky before they are crushed.
but 500% to 7000% pumps in these small coins are pretty common because their market is small and pumping such coins is a lot easier. for example you can easily pump a shitcoin worth 1 satoshi to 11 satoshi and that is easily 1000% profit!

this certainly doesn't mean you have to invest in those or if you do you will become millionaire. this is just pointing out the potential of pump.

What you are saying is correct. When price is low beacuse of it is shitcoin (circulating supply is low too) makes it low in marketcap (easy to pump).
Im not saying that it is harder to pump cheap coins. Im saying that price is not indicator of that.

There are only 30 coin worth more than 50$. Most of them are in top 50 in marketcap. 1600 witch price lower than 50$. Thats why we dont see coin worth >50$ pump very often. Not many of them are out of top 50 marketcap. But price is not indicator.

https://coinmarketcap.com/currencies/project-x/

pumped from 94 000$ to almost 3 000 000$ in 1 week. It is possible without problem. Shitcoins are usually worh less beacuse its price continuously go to 0$. Ripple, Stellar, Cardano, Tron are not shitcoins and they are as hard to pump as bitcoincash and they are worh much less than 1$. Project X is shitcoin worth 90 000$ and it is easy to pump 3 000% in 1 week. Marketcap is indicator of faster growth not price.

To pump project-x from 94 000$ to 3mil $, less than 500k $ was used (based on total volume on coinmarketcap thase days). Shitcoin worth 1 satoshi with similar marketcap will consume similar amount of money to be pumped.

Tell me that you gonna pump project-x tomorrow becuse its shitcoin with low marketcap and low volume- i'll believe you. Tell me you gonna pump ripple tomorrow becuse its cheap ... I'll just laugh.


As you say. Small market makes it easier to pump. Not small token price. Sometimes (even mostly) it comes together. But Ripple, Stellar, Cardano, Tron are in top 10 in marketcap with coin price lower than 1$ and its safer to invest in them than in project X or others shitcoins worth even more.


To be more precised.

https://i.imgur.com/xxI5QO2.png

Shitcoin worth 1 satosi on cryptopia. You need 116 bitcoins to only buy whats on sellbook to pump it to 10 satosi (1000% gains by 870 000$ buying only cryptopia sellbook. To pump it for days you will need higher volume to buy also from other exchanges sellbook). Project X was pumped by 3000% by 500 000$.


You see scale of it? 0.000075 $ coin needs more than 870 000$ to be pumped 1000%. 90 000$ coin need 500 000$ to be pumped 3000%. If price does matter than if 90 000$ coin needs 500 000$ to be pumped 1000% than 0,000075$ coin should need 0.00041 $ (with LINEAR RELATIONSHIP) - i bet all of you have that amount. Lets pump shit coins :) - BUT PRICE DOES NOT MATTER

remember verge? people that invested earlier have made quite an amount from it. its probably the sheer volume u can buy from cheaper coins

For me i think the difference of a 1$ coin and a $1000 coin is the manipulation and the people who becomes rich because of it because a $1000 is way more hard to manipulate because they have more demand but of course you can still manipulate it if you have alot of money.

I agree with your opinion, the quality of the coins is not determined by the price or value of a coin, but the volume, the community, the demand, the growth and some other fields, then the proper value will be obtained from a coin.

Ok, to summarize this, not all below $1 can be called cheap. And not all greater than $1000 can be called expensive. If Bitcoin crashed $1 from $8k, and if Stellar Lumens pump to $1 from $0.04. I'll choose Bitcoin at $1000 because of the expected epic bounce. Chart reading also matters.

Yeah there must be different opinions about this one thing but what I think about this is, there is only the matter of how big this coin is. How big achievements are there from this side? How hardy the efforts have been put in the field by the developing team? If these questions are really given good weight age, every coin would become crystal and clear to the audience at all.

All those who are there in the world of the crypto currency and that they have some fair idea about the crypto coins and their market value will not judge any of the crypto coin based on its market value. It is possible that the crypto coin with 1000$ market value is not performing that much good as it should as have compared to that of the coin with the market value of 1 $. It all depends on the way you look up at the things and the knowledge which you have.

Actually coin that has price very cheap with low supply will be have more potential to offer multiple profit, and with strong community will be more possibility for the price going up multiple times. I remember coin that has price only 1 sathosi last year and when tradeable in big exchange, its very easy to give multiple times profit just in a week.

Instead of bolded you should write "with low marketcap". It can have very high price and very very very low supply to be low in marketcap too :).

If you are looking for high profit coins look for low marketcap instead of low supply and low price. Its faster :)

And "multiple profit" means multiple risks. Low marketcap coins are very risky but they have lots of space to grow.

exacly, but its newbie poit of view. In this point of view he is the one who will be plucked from his money by those who know a little more about market and are not only comparing coins by their price.
Another argument why price is just a price not indicator if coin is risky or not is that there are more often token splits. Like ven now. They are lauching mainnet and from each VEN token You will recive 100 VET coin. It price will for sure drop from 3$ to 0,03$ (but you will have 100 times more of it). It is still the same coin, the same company, the same whitepaper, the same code and hype but price 100 time less. Is it 100 times more risky to invest in? I dont think so.

the rate of speed to fluctuate is 1 coin faster, because the nominal is smaller and reaches 100% faster when the pump le price is 2 $.

but all of them depend on investors or buyers who are interested in the Altcoins.