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Author Topic: Price vs Percent (which do you go for?)  (Read 259 times)
xxollaxx
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May 30, 2017, 05:39:16 PM
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So, what do you go for in a coin say do you go instantly and buy a coin that is cheap (but shows volume and value of course) or you dont care about price and just go with whatever makes you more percent (hoping for)?

For example,

1. Buy $1,000 worth of SiaCoin at        0.00000353 BTC
2. Buy $1,000 worth of Etherium at      0.08974848 BTC

Why do you chose one over the other?
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ulhaq
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May 30, 2017, 06:16:59 PM
 #2

So, what do you go for in a coin say do you go instantly and buy a coin that is cheap (but shows volume and value of course) or you dont care about price and just go with whatever makes you more percent (hoping for)?

For example,

1. Buy $1,000 worth of SiaCoin at        0.00000353 BTC
2. Buy $1,000 worth of Etherium at      0.08974848 BTC

Why do you chose one over the other?

Obviously the price has no meaning, and you should not give it any. Price only equals total value / number of coins. Hence if they had decided to make twice the ethereum as they did, it would be 0.04 BTC instead of 0.08. You would buy 2 of them instead of 1. But it has nothing to do with any characteristic of the coin or anything to make a decision on, in terms of one coin versus another.
Pente
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May 30, 2017, 06:19:52 PM
 #3

I know it is fully psychological, but I don't like investing in expensive coins.

For speculating, I like to earn %, so I like coins that are churning a lot.

For investing, I like a coin where I can own a large % of the market cap. For instance, if you own 1% of some crap coin and it hits a $billion dollar cap someday, then you own 1% of a $billion dollars.


agustina2
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May 30, 2017, 06:33:27 PM
 #4

So, what do you go for in a coin say do you go instantly and buy a coin that is cheap (but shows volume and value of course) or you dont care about price and just go with whatever makes you more percent (hoping for)?

For example,

1. Buy $1,000 worth of SiaCoin at        0.00000353 BTC
2. Buy $1,000 worth of Etherium at      0.08974848 BTC

Why do you chose one over the other?

I preferred to spend more money to the coin I will acquired for a large quantity than to stable one (except for bitcoin of course). Anyways I like to replace those SiaCoin with NEM because I believe on the future of this coin. Plus I preferred any coin on ICO and honestly I want to give a shot for the one in my signature in their upcoming crowdsale only more than a day before it began.

Back to topic, it's more sense to me to choose coins which are having a sure pump in the future even the process is slow because Im a long term person when it comes to holding coins. So no questions asked, I consider only to buy coins that is not yet on their peak price.

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bathrobehero
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May 30, 2017, 10:33:52 PM
 #5

So, what do you go for in a coin say do you go instantly and buy a coin that is cheap (but shows volume and value of course) or you dont care about price and just go with whatever makes you more percent (hoping for)?

For example,

1. Buy $1,000 worth of SiaCoin at        0.00000353 BTC
2. Buy $1,000 worth of Etherium at      0.08974848 BTC

Why do you chose one over the other?

If that's your main deciding factor you might as well just flip a coin; price absolutely doesn't matter.

I know it is fully psychological, but I don't like investing in expensive coins.

For speculating, I like to earn %, so I like coins that are churning a lot.

For investing, I like a coin where I can own a large % of the market cap. For instance, if you own 1% of some crap coin and it hits a $billion dollar cap someday, then you own 1% of a $billion dollars.

Most of those crap coins that you can easily own 1% will likely end up in the shitter so what you're simply saying is that you prefer very high risk high reward coins.

That doesn't mean you can earn more with them long term than with a stable coin going 2x.

RIP Bittrex
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