New alt coin Question

[bottlecapper]

I think i have solved it as there is no way to trade the lowest amount on the current exchange my PAC is on and as to why the volume on the site has it going down makes sense.  People are sending it to exchanges where it can be traded. Thank you everyone for your imput.

[nniecan001]

Hi I recently traded some bit coin for an altcoin that has a buy in of the lowest amount .00000001 and there are no buy orders only sell orders up, The volume has spiked 17-24 and now down to 13 is this a bad thing? they have a web site and seem legit. is there any hope for this alt coin should i try to sell everything to get my initial trade back?

What is this altcoin you are talking? That's the case for those low valued altcoins, they seem to be cheap but don't just purchase if they don't have buy orders. Sellers are just tuning in if there will be someone interested to buy that coin. There are two things that you need to think before selling it.

1. Believe - if you have this before purchasing that coin, then you'll stick to your plan by just holding it.
2. Recover - if you don't have faith anymore on it and you are like that who's worrying that much, take back your capital before something worst happens.

At the value of 1 satoshi, it cannot go lower.
You have to ask yourself why you got into the token in the first place?
We as it price driven or did the coin itself offer something you liked?
You will learn that sometimes, actually a lot of the time you have to be patient.
And sometimes you have to make a decision to abandon your token for something else.

Yes they can't go lower than 1 sat but just like what I've said, the problem is when people are aware of that coin is just useless no buy orders will come so your money came in to the market cap but you have to wait until someone starts to have his own interest with it.  The bolded part is true, there are times that even how fanatic and how strong we are believing to that coin but it's not that moving, we have to let go and move on to another more profitable coin.

Sometimes, it's depend on the people demand. Just for example, if you choose the finance based business/project is good for large company . So better to choose a right project that can caught the attention of the community. Sometimes, I see a project that related to Virtual Reality Gaming ( ARENA SPACE ) . For me it's cool since I am a gamer.

[apolonio]

For members who are just new with trading they are a little frightened with the sudden change of volumes,prices and everything.But before entering trading you must learn the basics also.Try asking members with knowledge to trading and ask some helpful things about trading.If you are not sure of your actions to whether or not hodl or sell then its up to you.Experience would be the best teacher bro!

[BrokenRules]

The price of virtual fluctuates day by day, you have to determine what is your goal? If you invest in short-term, you have to monitor the price of alcoin every single day, until the high prices are sold immediately. If you invest long-term, when price fluctuated, not worry, prices of altcoins rises / falls but definately increase in the long term, keep holding

[nniecan001]

Most of alternative coins now a days encounter liable to change rapidly and unpredictably, so be careful to choose the best altcoins, no regret like they said. That's why the word risky is the main partner when choosing token to invest for future.

[buboyskie]

Wow that's cool. For me I suggest sell half of your holdings so you can recoup your investment. Then the rest of your holding you can decide now if you will sell at x100 or x1000 or more. So in then no regrets because you've already taken the profit. Goodluck.

[Tetep Mesem]

We suggest that you be patient alone who knows the coins that you have purchased will begin to give positive results within the next few months if you want to sell now instead you may be experiencing losses.

[ajqjjj]

I would suggest you to hold your coin until it will get increase. If your selling now you won't get much profit. Patience is the important thing for all the traders. Market price may pump or dump its a usual thing, but it doesn't mean that it will always go down. Its like a gambling. So think twice before selling your coin.

[gribalenfeksiyon]

very low priced coins can be risky. We need to evaluate on a project basis. Some may rise, some lose money. It needs to be examined well.

[Wipro]

very low priced coins can be risky. We need to evaluate on a project basis. Some may rise, some lose money. It needs to be examined well.

Price may increase later on too bro but you have to look the project have the trustful nature and survive more than years in the marketplace. That is what we need to choose the altcoin to invest.
If you consider all the cheap coins are not have the potential grow more in the market you cannot invest on any coin. Because bitcoin to all the cryptos start from the cents level cost only. If the project looks promising one. You will be profitable for sure in future.

[skymia]

Do your research, and be patient.  Crypto trading is risky!!

I would definitely consider this coin, it has a niche market and had an amazing start!

Check out this new coin, already on exchange!  ROI looks very good!  Medical & Commercial Cryptocurrency with Masternode and Privacy!

https://bitcointalk.org/index.php?topic=2753447.0

Do your own research, study your own investments Smiley and luck will come to you Smiley


The stats are taking from https://masternodes.online/currencies/MEDIC/
MEDIC DAILY INCOME (02/01/2018)
$1,177.6975
0.13773984 BTC
5465.8667 MEDIC

Although BTC price is low today but MEDIC MNs still have very good return.

[nniecan001]

Do your research, and be patient.  Crypto trading is risky!!

I would definitely consider this coin, it has a niche market and had an amazing start!

Check out this new coin, already on exchange!  ROI looks very good!  Medical & Commercial Cryptocurrency with Masternode and Privacy!

https://bitcointalk.org/index.php?topic=2753447.0

Do your own research, study your own investments Smiley and luck will come to you Smiley


The stats are taking from https://masternodes.online/currencies/MEDIC/
MEDIC DAILY INCOME (02/01/2018)
$1,177.6975
0.13773984 BTC
5465.8667 MEDIC

Although BTC price is low today but MEDIC MNs still have very good return.

This post makes me sick, I almost see it a hundred times in this week. Sick spammers, go home and quit bitcointalk right now. Don't trust who have a red mark in their profile. Time wasting if you deal to those kind of bitcoin users.

[nniecan001]

very low priced coins can be risky. We need to evaluate on a project basis. Some may rise, some lose money. It needs to be examined well.

But the low price it has, the more profit you may get. Just for example the XRP token. Feels good if you have that kind of token now a days. So much profit in the previous month of January.

[ScudoCash bitBazar]

If you don't trust 100% i think that the best thing is to sell and try not to loose too money, if you are in profit my advice is to sell immediatly