Altcoins Under $10 Investing Question

[viking02]

Does anyone find this thought amazing?  Imagine buying a coin that cost less than $10.  Lets just say the coin is $1.  There are tons of coins that are under 10 cents.  Obviously many of these coins stay around that amount for a long time.  I notice theres ton of coins that are 1 cent or around that area etc.


Now lets say theres a coin thats 10 cents.  It start rising up to 50 cents, then its 1 dollar.  Then suddenly its $2.  Now imagine buying 1000 of these coins.  That would be $2000.  Now if the coin falls well whats the most money you can lose?  $2000.  But when it goes up, you can double your money, 10x, 50x, 100x your money etc.  Its of course lot harder to 100x your money.  However imagine getting a coin that is $0.10.  100x that amount wouldn't be that hard compared to if you get a coin say at 0.50.  Obviously it would be a lot harder if it was $1 or $2 etc.  But from what i see with the top coins in the top 15 list in terms of marketcap, many of these coins not that long ago was around $1 or $2.  Many of these coins have already increased a lot.  Even going from $2 to $10 is 5 times your money.  So $2000 in total investment would be $10000.


The thing is if you get a coin like 10 cents.  By it going up to 1 dollar, that is 10x your money.  Imagine 10 cents for a coin.  You buy 10000 of them for $1000.  Suddenly that coin is worth $1.  Then it goes up to $5.  Then $10.  Now your $1000 is worth $100,000.  That thought to me is just amazing.  Because if a coin is that low, well whats the worst that can happen.  You lose $1000?  By it doubling to 20 cents, thats double your money.  The thing is imagine all the people that buys coins when it was 25 cents.  Say they buy 10000 of them for $2500.  If that coin goes up to $10, thats $100,000.


How many people here has made a ton of money buying altcoins very cheap?  And when i mean cheap, i mean like under $1.  Theres so many coins that are like 10 cents or a bit more and wow it just seems amazing how much profit one could make if it goes up.


I mean think about it.  If you buy tons of a coin thats $0.25.  You buy 10000 of them.  Thats $2500.  If that coin ever gets to $100, thats 1 million dollars.  I mean my thoughts are there would be so much excitement if i got 10000 coins at 25 cents each.  Then i notice it rises to 50 cents.  Then 1 dollar.  Then goes to 5 dollars.  Then 10 dollars etc.  I mean it seems like its possible to really make a lot of money this way?  Now imagine you buy a coin thats 5 cents and buy lots of them.  Oh man if it rises to 5 dollars, that would be a lot of money etc. 

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[CryptoPro3]

Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:

WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT

I think all of these coins have a chance at high double digits or even triple digits in the future.

I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.

[DaMut]

Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:

WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT

I think all of these coins have a chance at high double digits or even triple digits in the future.

I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.

From your list only Adx in my opinion.
Waves and other top cryptos already pumped so if you want to invest you need to wait a little bit longer so the prices can back to original place.
How about looking for a new altcoin that have a good potential ? Like a ptoy or bowhead or something like that,if you see their thread you will understand why i can say such a thing.

Many good project out there you can find,even thought they did not have a lot audience in their project their progress always steadily increasing make them one of those potential coin for traders in longterm periode.
Dont blindly invest to those top cryptos because a lot of people support it and many people also envies it.if they can not survive you will only bring a disaster to yourself

[orange32]

The "cheapness" of a coin isn't given just by its price. You must calculate (price X noOfCoinsThatExists).

If everything else equal (in particular the total amount of money ($) "in" the system):

Coin A has price $1, and 100 coins exist.
Coin B has price $10, and 10 coins exist.

Total value = $100, for both.

Unless you have more information there is no reason to think there is a greater probability coin A will increase 10x than coin B will increase 10x. The amount of new money required into the coin would be the same in both cases.

So the probability A will go to from $1 to $10 is the same as the probability B will go to $10 to $100. in both cases an additional $900 in new money is needed.

[ArdiPrabowo]

Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:

WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT

I think all of these coins have a chance at high double digits or even triple digits in the future.

I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.

if investment coin only use 10 dollar, i think is good buy coin with low price
under 5000 satoshi or under 1000 satoshi, because if buy coin with high price profit is not competitive

[styca]

The "cheapness" of a coin isn't given just by its price. You must calculate (price X noOfCoinsThatExists).

If everything else equal (in particular the total amount of money ($) "in" the system):

Coin A has price $1, and 100 coins exist.
Coin B has price $10, and 10 coins exist.

Total value = $100, for both.

Unless you have more information there is no reason to think there is a greater probability coin A will increase 10x than coin B will increase 10x. The amount of new money required into the coin would be the same in both cases.

So the probability A will go to from $1 to $10 is the same as the probability B will go to $10 to $100. in both cases an additional $900 in new money is needed.

Yes, exactly.
Price of an individual coin is irrelevant. You need to look at marketcap. Also if investing long-term, look at current circulating supply vs maximum potential supply.

The coins that increase x100 or x1000 are likely to be the coins with small marketcap, not the coins with small individual coin value. And obviously this is offset by risk - these are also the coins that are more likely to fail, more vulnerable to pump+dump, and harder to trade due to small trading volumes.

My approach, and probably the approach for many people, is to put most in higher marketcap coins that already have a decent track record, and then a smaller amount in more speculative coins that look promising.

[arbitrage]

I sense small stagnation, so it wouldn't be so wise to buy many of those coins, but yes eventually every coin gets pump opportunity, it is just question are you ready to hold one coin for a few years? I don't like fact that my money is in trap, everyday i can trade and for few years i can achieve same results with day tradings.

[Blue trade]

Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:

WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT

I think all of these coins have a chance at high double digits or even triple digits in the future.

I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.

Agree. SHIFT

[kozak.finance]

The less cost - the bigger future. But analyze smart not to get shitcoin

[que91]

I sense small stagnation, so it wouldn't be so wise to buy many of those coins, but yes eventually every coin gets pump opportunity, it is just question are you ready to hold one coin for a few years? I don't like fact that my money is in trap, everyday i can trade and for few years i can achieve same results with day tradings.

Day trading always better than holder long-term 1 - 3 years. You can flexible go out or comeback easy to keep safe your funds and take profit everydays, do that can helps you happy in trading and not boring with long time. But day trading only for people have a lot of time for it, not like holder just buying and saving

[anonimogmr]

First of all you should always consider the marketcap of the coin and not the price. But the main problem that most of the people fail to understand is if you are a long-term holder the coin you are holding will not have always upward movement, there will be some falls of the price and that's when most of the holders fail. Let's just see an example, you buy 10000 coins of $0.10 for $1k, you see potential and it starts going up. If it reaches around $5 which is already impressive, you made 50x of your investment and you have $50k. You feel that the coin is strong and can make you a millionaire but at the same time if you leave now you are a big winner. But you decide to hold for more time, and within a few weeks it goes down $1. You lost $10k but you still feel that is just a correction and it will go up again. Next weeks it goes down more $1 and you lost more $10k. You will start to regret for not selling at $5, you lost $20k in some weeks that could buy a new car. And here is where most of the holders fail. Would you have the balls to keep holding and pray for upward movement or would you sell and get a nice profit of $29k with just an investment of $1k?

That's why I feel that becoming a millionaire with crypto is mostly a dream that only happens if you have a lot of money to invest or if you are stupid(have big balls) enough to not care about your money, because even though I believe there are some rare cases of people who became millionaires with crypto, there are for sure more cases of people who could be rich if they sold in the right moment, but then again nobody knows for sure when the right moment is.

[maydna]

Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:

WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT

I think all of these coins have a chance at high double digits or even triple digits in the future.

I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.

don't forget with XRP because this coin have a good chance to go up soon after this dump. i think waves is a good project as i see in their website, the dev and the teams still working on with the coins. my suggestion is don't buy so many coins using all of our budget because its too risky and this makes us can not move on to buy other coins that have good possibility to go up. be careful if we want to spend our money because the situations is not good enough to buy coins right now.

[nicoguzzo]

What if you invest $10 in every coin and wait like 1 year? I think you will get some good profit

[2Pac]

What if you invest $10 in every coin and wait like 1 year? I think you will get some good profit

I don't think so. Even if you find a 1000x that would be only 10k USD. That's not gonna change your life anyway.
Besides that you will see a lot of dead coins and wasted 10 USD each.

I undertand the strategy OP want to do but I don't think it's a good investment plan for long term. I would buy and hold some coins I expect to rise. For example WAVES, GUP, SNT...

[arbitrage]

-

Day trading always better than holder long-term 1 - 3 years. You can flexible go out or comeback easy to keep safe your funds and take profit everydays, do that can helps you happy in trading and not boring with long time. But day trading only for people have a lot of time for it, not like holder just buying and saving

Also i don't have stomach to waiting to long. This requires strong decision not to fall under influence or not look everyday what current price is.  I love when i take profit, and when i can sit down at the end of week and counts how good i was in this period. I can wait month or two but this is to big stress for me, and i avoid stress, BTC is quite enough for this.
Also investing in coins which are on the edge is like gamble to me.

[AweJohn]

One word : Populous

[clardalan]

u are a hero member and still do not understand the price of a single coin is irrelevant???

delete your account.

market cap is what matters.

[Coffee2015]

if you really want to know my wallet,
I choose many coins under 10 usd:

ANS Ant shares, community is very strong;

XSPEC Spectre, I think this is actually the best anons coin, it may go TOR Blockage,... which one better? None;

DGB Digibyte, very strong community (esp for gamer - and unique tech specs);

XRP Ripple, you know it that it is centralized. Who cares? Cart and fundamental are speaking for itself;

Other are also interesting: Wave, Stratis, Monaco, Ten X.
There are many actually,... check it by your self

[viking02]

Hey all.  I'm just curious but do these coins ever hit 0 where all your investment is gone to 0?  Because lot of coins like waves which was at 6 dollars or so has kept dropping down.  Its all the way to like $2.27 right now.  So if it drops to say 0.15... then when it drops more... then it will be like 0.02, then 0.01 and then 0.005?  So if you put a lot of money into waves, basically it would be worth very little at all then if the price goes to like 0.005?


This is what that is interesting.  If waves eventually goes back to 5 dollars, you would essentially double your money.  And the thing is it could take a very long time but even if it does, well your waves cant be worth exactly 0 right?  Can a certain coin like waves or any other coin go so low where its like 0.000005 cents etc?  I see some coins like this on coinmarketcap but i think these coins are very new etc?

[anonimogmr]

Hey, I'm still very young to this crypto market and only started investing 4 months ago but yeah I think it is possible for a coin to go down and lose all of is value or most of it because most of the holders dump their coins, that's why you should always invest what you are willing to lose. I'll give you an example, when I started this I remember of a coin listed on Poloniex that was worth $4, it's ShadowCash but after all these months I never heard anything from it anymore so out of curiosity I checked the value now and it's only $0.08, so basically if you invested $1000 into this coin 4 months ago you would only have $20 now.