When is a coin too expensive?

[Yuuto]

The point at which a coin is considered to be overvalued at changes all the time.

It's not constant, therefore you can't say for instance, LTC is going to always be overvalued whenever it reaches $200. Well no, because $200 could be because of fiat currencies depreciating, or it could even be just 10% of its all time high, if it got pumped to $2000, in which case it's probably a great time to scoop up cheap coins.

When you see a coin getting hyped up for no reason, and people are buying just for the sake of profit, you know that the coin is overvalued/expensive.

[shadowtree]

A coin is too expensive if its near the all time high. Never buy  near the all time high, the price will always dip if your patient.

[aardvark15]

Just to let this off my chest because of posts chastising people who bought coins at x5 or x10 their ICO.

Honestly, no one knows how much is too much.

BTC for example.  Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001

Using this value, is BTC expensive at;

       x10 or   $0.01?
     x100 or   $0.10?
  x1,000 or   $1.00?
x10,000 or $10.00?

We all know the answer now but not when people were buying them at that price (ATH).

Who knows how high; ICX, VEN, NEO, XMR will go?  Are people who buy them at ATH stupid?  I don't think so.

If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it.  For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc.  Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH.

RANT over.

Ideally you want to buy a good coin early before it has made a big gain. The problem is that we sometimes don’t hear about a coin until it’s made a 100x gain and is in the top 100.

Basically, I buy the top coins like Bitcoin and Etherium only when they are in a correction or crash.

I’ll buy other altcoins in the top 100 if I find something positive about them that makes me think they can increase in value. I have diversified enough that I hope I will hit one big.

[Kang TB]

its depends on your charts analysis,,
i think the price of crypto become too expensive, if the price in overbought area
because the power of buyers is weaker in this price zone,,

[Swenna]

Nobody can really tell how expensive is expensive or when can we acrually call a value as exoensive or as cheap. People's 0erception varies from another, therefore, there will be no exact answer. Mainly it will depend on tje holder or the buyer. In trading, even though the price of the coin has already given him a profit, he'll be still asking for more.  And when the value of a coin dips a little comapred to its ATH, we'll start calling it cheap. Ironic, isn't it? However, if you are buying, then not having enough money to invest in a certain coin will certainly make that expensive.

[Poink]

I think shitcoin.

Can you please stop promoting your shitcoin!!!

[sonic22]

If the coin is mineable then I usually check the cost of mining one coin with Nicehash at current contract rates for the algo, this would give me a solid base for further calculations and research.

[DeepChipolino]

Since all crypto world exists mainly because of expectations, then as soon as there is a sharp up in prices, you can be sure that this asset is overbought.

[leynylaine]

A coin is expected to become expensive in the third and fourth quarter of the year or when the green days continue. That is why a lot of people buy coins during the days where the coins are at red so they can invest more money and hold until the coins become profitable.

[the rise]

Since all crypto world exists mainly because of expectations, then as soon as there is a sharp up in prices, you can be sure that this asset is overbought.

In addition to expectations, it is necessary to calculate the exact potential of the existing mining algorithm, if everything can be synchronized with the market volume then this will create positive synergies, no fitting steps to be very expensive, we just need around significant price movements and give we profit regularly even though only a small part.

[Ilegendph]

I personally don't think people who buy tops are stupid because they don't know they are buying the top otherwise they wouldn't. I have made that mistake in the past and I am sure every trader has done so it is a part of learning and growing. A coin is too expensive at the point in which you think it can't rise anymore, up until that point if you think you can make $ then it is priced correctly imho.

Its a good point to know what is an "expensive coin" and you explain it clearly. Its not about the coins itself but its how the market values it. Ofcourse, there are several factors and the most common are news, platform itself, supply and demand curve, functionality etc.

[TrumpD]

Expensive is a relative term. And this is because our pockets are different, they come in different shapes and sizes. Howvever, a coin might be not worth purchasing depending on the life cycle of the project. If it gets closer towards the end of the cycle, chances are that, the returns would very minimal, or there could be none at all. Now investing in a coin/project at that point could be an expensive thing to do.

[Disclaimert]

If overall total marketcap level is same and coin made over 10x or something, volume is low but marketcap number is high I would call it expensive. It's too hard to detect though, you gotta be lucky. Sometimes coins go overprice but you shouldn't see it as missed opportunity. At that point it's all gamble.

it is very difficult to detect it all, crypto currency market is too fluctuating for the prediction. all of which are just baseless estimates. luck is just a right speculation

[eaLiTy]

it is very difficult to detect it all, crypto currency market is too fluctuating for the prediction. all of which are just baseless estimates. luck is just a right speculation

The market is having a big fluctuation because bitcoin is considered as a speculative coin than a currency, so the market moves according to the market sentiments, if there is a negative news, the entire market comes crashing down and then recover a few days later.
The market is evaluated with the amount of adaptation in a particular currency, the amount of investors and miners determines the price of the coin and so is the reason you see more give aways and airdrops for every new coins or tokens, because you need to have a community to follow the entire process and if so it will keep on evolving, in short, more users the more expensive the coin would be.

[bohr]

Just to let this off my chest because of posts chastising people who bought coins at x5 or x10 their ICO.

Honestly, no one knows how much is too much.

BTC for example.  Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001

Using this value, is BTC expensive at;

       x10 or   $0.01?
     x100 or   $0.10?
  x1,000 or   $1.00?
x10,000 or $10.00?

We all know the answer now but not when people were buying them at that price (ATH).

Who knows how high; ICX, VEN, NEO, XMR will go?  Are people who buy them at ATH stupid?  I don't think so.

If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it.  For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc.  Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH.

RANT over.

If you truly believe in a coin you can buy it whenever you want, but if you also care about the profits that you can get with your investment then you need to try to find the best price to buy it, just look at bitcoin there were people that were still buying bitcoin at a price close to 20000, if they believe in bitcoin and are willing to hold for the long term they're still going to get profits but it could have been better to buy it when the price crashed and it reached 6000.

[goyald2801]

you presented it in wrong way .
all coins don't rise continuously without any correction or dips .
from 2 pizzas to 20K dollar , this journey was full of roller coster ride , where we seen upto 90% dip .

so buying at peak price is just poor planning , i will not say buying at peak is loss .
but if you read charts and do analysis then you will know the price is not safe to buy and better to buy in correction .

however if you buy at peak then hold for some months to see new peak of that coin . but one thing is most important buy only potential coin ..
 

[Crypto_lion]

Just to let this off my chest because of posts chastising people who bought coins at x5 or x10 their ICO.

Honestly, no one knows how much is too much.

BTC for example.  Someone paid 10,000 BTC for 2 pizza in 2010...say those 2 pizza was worth $10, that makes BTC at that point worth $0.001

Using this value, is BTC expensive at;

       x10 or   $0.01?
     x100 or   $0.10?
  x1,000 or   $1.00?
x10,000 or $10.00?

We all know the answer now but not when people were buying them at that price (ATH).

Who knows how high; ICX, VEN, NEO, XMR will go?  Are people who buy them at ATH stupid?  I don't think so.

If I believe on a coin, I don't care if it just pumped x10, if I think (and yes I could be mistaken) it will go up more I will buy it.  For me, it happened with XMR, NEO, EMC2, VEN, ICX, PRL, WTC etc.  Not all are success stories, I have my fails but all in all...I am way ahead and who knows, one of them might follow the path of BTC or ETH.

RANT over.

It really depends on but the total number of coins present and what the project is testing to achieve long term .plus if they are going in the right direction towards having real world adaption. Market cap

[Kidmat]

If overall total marketcap level is same and coin made over 10x or something, volume is low but marketcap number is high I would call it expensive. It's too hard to detect though, you gotta be lucky. Sometimes coins go overprice but you shouldn't see it as missed opportunity. At that point it's all gamble.

it is very difficult to detect it all, crypto currency market is too fluctuating for the prediction. all of which are just baseless estimates. luck is just a right speculation

A coin when in trades is very hard to speculate because of very progressively in fluctuations. Hard to speculate when is the next pump and dump. Though in a reality we miss that opportunity to buy coin in a dips price that others being just impulsive to buy at an expensive price.

[Fatunad]

it is very difficult to detect it all, crypto currency market is too fluctuating for the prediction. all of which are just baseless estimates. luck is just a right speculation

The market is having a big fluctuation because bitcoin is considered as a speculative coin than a currency, so the market moves according to the market sentiments, if there is a negative news, the entire market comes crashing down and then recover a few days later.
The market is evaluated with the amount of adaptation in a particular currency, the amount of investors and miners determines the price of the coin and so is the reason you see more give aways and airdrops for every new coins or tokens, because you need to have a community to follow the entire process and if so it will keep on evolving, in short, more users the more expensive the coin would be.

The thing you said was right because if a particular coin do only have a small community or lets say supporters then expect on what would be the possible outcome where price of coin wouldnt be expensive the same into those coins which do have strong support. This is indeed a speculative market where price is too volatile which we cant really consider on making fixed presumptions and views.

[darkr]

it is very difficult to detect it all, crypto currency market is too fluctuating for the prediction. all of which are just baseless estimates. luck is just a right speculation

The market is having a big fluctuation because bitcoin is considered as a speculative coin than a currency, so the market moves according to the market sentiments, if there is a negative news, the entire market comes crashing down and then recover a few days later.
The market is evaluated with the amount of adaptation in a particular currency, the amount of investors and miners determines the price of the coin and so is the reason you see more give aways and airdrops for every new coins or tokens, because you need to have a community to follow the entire process and if so it will keep on evolving, in short, more users the more expensive the coin would be.

The thing you said was right because if a particular coin do only have a small community or lets say supporters then expect on what would be the possible outcome where price of coin wouldnt be expensive the same into those coins which do have strong support. This is indeed a speculative market where price is too volatile which we cant really consider on making fixed presumptions and views.

For me, it does not matter very much if the coin is very expensive. Bitcoin costs a lot but you can always buy a part of it, some Satoshi, and make profit.