Coins with price lower price has more chances to moon?

[andhovesyan]

I always thought that initial coin price is not important, because there is no difference between buying 1000 coins at $0.001 or 0.001 coin at $1000. Buy most of my friends who are newbie in crypto prefer buying low cost coins ("BTC is already $15000 but Rillple is still cheap").
Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins?
Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))

[1713549874]

1713549874

[1713549874]

1713549874

[Ryanpogi]

Coins with lower prices have more chances in the month? this question is possible to happen because of the current situation in bitcoin. thanks.

[krm4700]

YBU newcomers must first take the lower coin and choose from the strong ones because the risk of harm is great

[Milamol]

It depending on what you buy coins for.
If for pumps, then the minimum price criterion is good. If you want to buy and hold for many months - years, then selection is not determined by price.

[alyssa85]

It's not the price of the coin that is important, it's the market cap. Small cap coins are easier to pump - they are usually on just a couple of exchanges with low daily trading volume. Therefore a pump group can make the coin's price move quite substantially with only a small amount of money.

[MartiniBlanco]

The price has nothing to say about what is going to happen with it. The price can also be at 300 dollar per coin, if there is enough room for the Marketcap to grow these expensive coins can moon very easy.

[andhovesyan]

It's not the price of the coin that is important, it's the market cap. Small cap coins are easier to pump - they are usually on just a couple of exchanges with low daily trading volume. Therefore a pump group can make the coin's price move quite substantially with only a small amount of money.

I'm quite agree, about that and I'm sure no one experienced in crypto will argue. But I'm speaking about newcomers, don't you think they are mostly predisposed to buy coins with lower price?

[alyssa85]

It's not the price of the coin that is important, it's the market cap. Small cap coins are easier to pump - they are usually on just a couple of exchanges with low daily trading volume. Therefore a pump group can make the coin's price move quite substantially with only a small amount of money.

I'm quite agree, about that and I'm sure no one experienced in crypto will argue. But I'm speaking about newcomers, don't you think they are mostly predisposed to buy coins with lower price?

The answer to your question in bold is Yes. Especially on coinbase - they look at the price of bitcoin, ethereum and litecoin and literally buy the cheapest. They don't really understand about market cap at all.

[Bessta]

Not all lower priced coins have the chance to rise to the moon. If you've been monitoring prices of those lower price alts you can see there are some that are not moving upwards. There are factors to consider such as marketcap, team, marketing campaign etc. A lot of research, Strategic planning, monitoring also count a lot when investing on  low price alts for you to achieve the earrnings you are dreaming.

[MV7]

I'm invested quite heavily in two coins right now, Odyssey and Fortuna. Both of them have less than 50 million coinmarketcap, but they are both partnered with some top coins, such as NEO, Qtum, TRX, and Loopring.

[RichT_]

If someone can't understand the concept of marketcap relative to value before they invest they desrve to lose all their money. Too many idiots on here think Ripple is going to hit $100 someday.

[snewvine]

I've put heavy into KIN it's super low and has a good year of HODL. I'd be happen with .50 or 1.00 that would be a MOON shot.

[MV7]

The coin price basically does not matter AT ALL.

It's all about the market cap of the coin. That's why even though Ripple's price is low, it's still number 3 on the coinmarketcap, and arguably takes more to increase / decrease price.

[celtic99]

Possibly mooncoin, considering the price right now is only 1 satoshi.

[ilnick]

There are many hamsters on the market that do not study the fundamental value of the coin. In the case of a successful HYIP, a pump with any coin can occur. Therefore, a low price + a small issue is a good sign for entry. For catch pump ofcourse.

[KourtneyK]

I personally think those coins with a much lower price has anything to do with more chances of mooning rather the project itself. Any new project which has good marketing strategy and could gather a lot of investors to invest on their ICO's of course has greater chances of mooning especially when its price starts at the lowest but most of these ICO's already have an ICO price set before it'll be sold out.

[qazgroup]

Yes it actually works, lower priced good quality projects with competent team can yield you huge progits, my potential cheap coin picks are telcoin, bitclave and snov.

[followmenot]

This is very illogical attitude. Yeah I saw many newbies just keep talking about their unknown coin to reach $1. But market logic doesn't work like that. Fixed supplies shouldn't be forgotten.

[Poink]

I always thought that initial coin price is not important, because there is no difference between buying 1000 coins at $0.001 or 0.001 coin at $1000. Buy most of my friends who are newbie in crypto prefer buying low cost coins ("BTC is already $15000 but Rillple is still cheap").
Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins?
Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))

If the cheap coin is NEW but a good one, then this is very true.  Bigger growth is more likely.

Percentage return is what you look for BUT psychology plays a lot here too.  It is in fact easier to buy 10,000 coins at $0.10 each than 0.115 BTC for the same $1,000 you have.

The trick is finding that new/cheap good coin.

[iryboy]

Low price is not important if the coin offers great product/service. However, coin with low supply and cheap price are good to grow in future.