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Author Topic: Altcoins Under $1  (Read 6392 times)
qsypoq
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October 01, 2017, 08:23:13 AM
 #21

Marketcap ? Never heard of it...
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October 01, 2017, 08:33:16 AM
 #22

All depends on working product with good team and positive growth, Total coins supply and market cap. This is what decides altcoin price!

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October 01, 2017, 10:31:42 AM
 #23

Total coin supply is an important stat to look at, otherwise dogecoin would have already gone to the moon and beyond! Take a look at XSPEC which has a low supply and low cost, then look for other coins with similar stats.

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October 01, 2017, 11:37:29 AM
 #24

Does anyone here have an opinion of altoins that are under $1 that are worth investing?  Because the lower it is, the more X amount you can.


For example if a coin is 10 cents and say you buy 10000 of them, thats 1000 USD.  If this coin goes up to 1 dollar, that is 10x your money or 10000.  Now if it goes up to 10 dollars, that would be 100x.  
IF I were you OP, I wouldn't expect any coin to easily go up to 10 dollars if it's value is under 1$ especially those stuck in 10 cents now. If I were to suggest though, some who has a chance to go way up is OPT, this coin is very good IMO and is currently undergoing development. Other coins I would recommend is bitshares and stellar lumens. Although this two has lesser potential than the one I mentioned earlier.
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October 01, 2017, 12:01:02 PM
 #25

You can check out Coindash token, it's under 10 cent. It went down to 3 cent but now started recovering. You can still buy it for 5.5 cent. Its peak was 21 cent. It's almost guaranteed to get 4x from this token. Buy now or regret later.

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October 01, 2017, 01:13:49 PM
 #26

You can look at Xtrabytes, Verge, Tron, Loopring and IOTA (it is pumped hard right now). Always do your research as best as you can

Cheers
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October 01, 2017, 01:48:08 PM
 #27

Does anyone here have an opinion of altoins that are under $1 that are worth investing?  Because the lower it is, the more X amount you can.



Don't do this. Look at the market cap to decide if a coin is worth investing. Also look at the # of coins in supply, how token holders benefit, e.g., through dividents or buybacks (coin burning), that says more about the value of a project than simply looking at the price.
jerry0 (OP)
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November 20, 2017, 07:03:07 PM
 #28

I got another question i like to ask.


I know if a coin is 1 dollar and if it goes to 10 dollars, the price 10x itself.  If a coin is 1 cent and it goes to 1 dollar, then the coin 100x. 


Now i know there are coins that are less than 1 cent.


For example there are coins that i notice are like 1/100th of a cent.  Thus instead of 1 cent such as 0.01... its 0.0001 etc.  Does that mean if this coin goes to 1 cent, it essentially 100x?  Thus if it goes from 0.0001 to 1 dollar, there is a 10000x?  Thus if you invested say 100 dollars... you could buy 1 million of this coin?  And if this coin ever hits 1 dollar, you have 1 million dollars?  Is something that goes from 0.0001 to 1 dollar 10000x or not?


And have there been coins that had this happen to or not?  Because on coinmarketcap, i notice many coins that start out as 1 cent.  Several of these coins are over 1 dollar now.


So basically if someone buys 10000 shares of a coin that is 1 cent for 100 dollars.  This coin goes up to 1 dollar.. then they have 10000 dollars right?


The other example i want to use is this.  Funfair is shown as worth 0.02 on bittrex.  Its show as 0.00000222 btc so around 2 cents.


On the blockfolio app on my iphone, it shows its $0.01815433, thus a bit less than 2 cents.


What happens when you buy a coin that shows about 2 cents on bittrex... but blockfolio shows it as 0.01815433?  Thus are cents supposed to be rounded or not?  I assume they should to the nearest cent.  The issue is what about those coins that are like $0.00323 etc.  Are these recorded as 0 cents or 1 cent or what?


Because if i buy say 100000 shares of funfair for 2 cents each... thats 2000 usd.  However, if blockfolio shows funfair is 0.024522... and i want to sell it... do i have any profit or not?  Because on bittrex, wouldn't they show the price as 2 cents?  Or does that amount round to around 2.4 cents?  Because my thinking is if you buy a coin that is worth $0.01815433 and say buy 100000 of it... you should be receiving around $1815.43 right?  Or would it be $2000 since it shows 0.02 as the price on bittrex?  Thus blockfolio goes deep into decimals.  And of course there is an issue when a coin costs less than 1 cent.


For example look at dogecoin.  Its $0.001386 so its about 1/10 of a penny.  So if you were to buy 1 million shares of it at this price... you would get about $1386 right?  And if dogecoin hits 1 dollar, you would have a million?  However... what if dogecoin price goes from 0.001386 to 0.01386?  You would have about $13860 right as going from 0.001386 to 0.01386 10x your investment?
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November 22, 2017, 02:29:57 AM
 #29

One altcoin I am invested in is Aeternity, it has huge growth potential in my opinion. They will build a new scalable blockchain that will bring unique features.

Among them:
Mobile Mining
Trusted oracles
State channels for off chain transactions

The project is founded by "the godfather" of ethereum.
It is currently traded at around 0.60USD. I would definitely recommend checking out their website for more info!
jerry0 (OP)
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November 25, 2017, 03:41:25 AM
 #30

Any thoughts on


Funfair
Iota
Edgeless
Mercury
XEM
Mobilego
XLM
Bitbean



Also is it possible for coins now to got from 10 cents to 1 or 2 dollars anymore or this is not possible due to the marketcap for these coins being so high?  Thus many coins did 10x, 20x, 50x earlier.  But what is the last coin to do something like this recently?  Thus coins that are under 1 dollar ... but i really want to know of like under 50 cents or 25 cents which went up a lot.  Because if you start out as 5 cents... and go to 1.25... that is 25x.  That is more impressive than going from 1 dollar to 5 dollar because that is only 5x.  Thus getting a lot at 5 cent means you X the amount many more times than a coin at 1 dollar.
muniz1988
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November 25, 2017, 04:40:42 AM
 #31

I'm betting on elixir
myworkstrade
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November 25, 2017, 05:07:11 AM
 #32

My own opinion is you need also to study the token you want to invest and the comcepts. Market cap is important the circulation amount of coin is need to know before you invest to it. The purpose of token also important the rank if the token is popular or not. I am betting for Good Ico concept that has below 1 usd value. But there’s some coims listed alteady with good foundation like IOTA. good luck

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yua_na
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November 25, 2017, 05:19:57 AM
 #33

Invest in crypterium. It is ongoing ico with 15% bonus untill 28 november. The feature is so damned good. NfC. We need nfc wallet also the roadmap is very clear. If you want coin under $10 but has a big potential youcan buy genesis vision ( GVT ) on binance. It is also the most underrrated ico. They are very good attitude. Dont buy ATL...it is scam project. Probably will goes in to exit scam.
HariiPKB
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November 25, 2017, 05:32:52 AM
 #34

Altcoin under 1$ may not worth to invest. XRP for example, 0.24$ and hard to go up 0.01$ each time. You have to check marketcap to decide which altcoin under 1$ worth to invest.

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Didin
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November 25, 2017, 05:36:36 AM
 #35

there is a lot of altcoin under $1 and have a lot of potential to grow in the future,,
but make sure you should do your own research before investing,,
and the most profitable is invest in some cryptocurrency that implementating the masternodes, thats my opinion
you can look here https://masternodes.pro and find under $1 coin to get started
remember : invest only what you can afford to lose

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November 25, 2017, 06:09:14 AM
 #36

I think you are not seeing the true picture here, most of the tokens will low price have huge token supply and you can't expect a token that has 10 billion token supply to be valued at $10 because that will give it $100 billion marketcap


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hisuka
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November 25, 2017, 06:36:17 AM
 #37

Most altcoins that under $1 is very risky to invest because of the billion supply. So it is necessary to check in coinmarketcap and do ofcourse a research on which altcoins is worth it. Ofcourse there is altcoins under 1$ so its on your own decision to invest.
jerry0 (OP)
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November 25, 2017, 07:53:32 AM
 #38

I think you are not seeing the true picture here, most of the tokens will low price have huge token supply and you can't expect a token that has 10 billion token supply to be valued at $10 because that will give it $100 billion marketcap


Well then how did coins like shift, waves, nem and those coins that started out less than 25 cents did this then?  These coins all 20x minimum... some of these coins cost like 0.0001 so these essentially 1000x or 10000x etc...  Is it because back then the market cap was so low?  Thus because the market cap is high for almost everything, its not possible for coins like these to go from 5 cent to 1 dollar or 20 cents to like 5 dollars anymore?
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November 25, 2017, 09:38:33 AM
 #39

Have closer looks firstly on the market cap of each coin together with the supply not the price itself. That's not decisive to predict 10x or more.  Smiley

This! The current market cap tells you how far a coin can potentially grow. E.g. if a coin costs only 0.00001$ but market cap is already $100.000.000 or higher, this means there are billions or more of this coin. They can maybe go to x10 but not much higher. Look at a market cap below $50.000.000 but above $10.000.000 to avoid shit coins.

Bitgesell (BGL):  A modern and truly scarce store of value. Burn rate is 90% of tx fee. Yearly block reward halving.

It's just the beginning!
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November 25, 2017, 05:03:51 PM
 #40

Okay so market cap is the most important thing to look at?  So basically only bet coins between 10 million and 50 million dollars?  Because under 10 million coin marketcap means that coin is useless or shit coin... but any higher than that... its already high where it cannot go up that much?


If that is the case, can someone explain why all the coins in the top 30 or so basically all 20x or 50x or 100x or more then?  And what about those coins like shift that are 1 cent but then over 2 dollars now?  Could you have gotten a lot of shift when it was 1 cent?


On coinmarketcap, there is also the word volume.  What does that mean?  Does that mean thats how many coins were traded that day for that coin?  Thus even if the volume was 2000, that meant 2000 coins was bought/sold that day etc?  And where does that number come from?  I assume all exchanges combined?  Or only the popular one like bittrex?  So anyone that used shapeshift... did that count towards the volume?


Okay few examples i want to use


Funfair
Stellar Lumens
Edgeless


Do these fit the criteria of coins that are good idea to invest or not?  Stellar lumens is less than 5 cent but because the marketcap is already so high, its just cannot get to 50 cent or 5 dollar?  Funfair is less than 3 cent but market cap is 100 million.  So the odds of this coin going to 1 dollar is just not possible?  Edgeless however is more than 50 million and 70 cents a coin or so.  I heard lot of good thigns about edgeless.  So this coin could go up to 10 dollars, 50 dollars etc?


What about shift then?  I noticed the price doubled and the market cap doubled but its still less than 20 million cap.  So that would be a coin to invest due to the low market cap?


What about the supply?  Is that a big thing as well?  Because if a coin only has 100000 coins... vs say 10 million or 1 billion or 10 billion, does that mean a lot as well?  Or it does but not as much as market cap?  NEM is 21 cents and has market cap of almost 2 billion dollars.  There is a supply of almost 9 billion coins.  So this coin should probably be avoided because there are way too many of it?



Is there a number for circulating supply where okay don't buy any coin that has over 500 million coins etc?  Or 100 million?

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