danjonbit
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DanJoN
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March 23, 2018, 07:35:37 AM |
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Its wise to hold some great tokens or tokes that have a great potential in the future! surely soon you will not regret buying those coins! but I can suggest too that make a trade! go get more of it! triple your asset coz cryptocurrency is starting to recover! just sayin,,,, cheers!
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THE GREAT DANJON HIMSELF !
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maman09
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March 23, 2018, 07:38:26 AM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
no matter what you hold or have, most importantly you already know all the information about your coins. especially if you want to make a profit, you can trade fast. and redeem your altcoin until the amount increases. that is trading.
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DevelopmentBank
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March 23, 2018, 07:40:21 AM |
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Your profit will probably scale proportionately to the amount you invest and by how much the value of the coin rises. It really doesn't matter whether you have 1 whole coin or not.
That being said, you have a higher chance of gaining a larger amount of profit if you invest in low value coins. This is simply because low value coins usually tend to grow more in terms of % compared to larger coins. It is easier for a small coin to go from $1 to $2 compared to a large coin to go from $1000 to $2000.
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IgorShumilo
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March 23, 2018, 07:52:17 AM |
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I think you shouldn't worry about your economical capacity. I remember time I first bought my coins, I invested like 500-600 dollars or something. Not even kidding. Both coins you consider are great to invest.
It all depends on what you want to profit from your investments. If you want to invest 500 bucks and get through half a year or year 1500-2500 then I believe that you can buy these coins. If you want to get x10 for the same period of time, it is better to choose other coins / tokens (only before, learn in detail the coin / token you want to buy). If you are the same as me and see the future of world business and economy in Crypto and this prospect is 5-10 years old, then buy these coins and forget about them (most importantly, keep them on a cold purse and not on the purse of the exchange). All that is said is personally my opinion, which can be erroneous. Think, read and analyze with your head!
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dogtana (OP)
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March 23, 2018, 08:25:26 AM |
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How many coins that are worth a few cents do you think one should own? ![Huh](https://bitcointalk.org/Smileys/default/huh.gif)
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tsaroz
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March 23, 2018, 08:29:03 AM |
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As most of the coins are divisible to minute fractions, there is total sense in having 1 coin. 1 bitcoin is worth, >8.5K dollars, that's quite a money. It was about 1K dollar two years the current date. Same can happen with NEO or any other coin.
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kamudd
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March 23, 2018, 09:25:54 AM |
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actually it depends on us, because there are various kinds of ways people to invest, such as investing in big coin or coin is cheaper. there will be nothing to ban but the size of the coin that we will invest must have a high potential increase in the future.
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Jarx
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March 23, 2018, 09:31:22 AM |
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It's always a point of having different coins, never invest just in one of them - if something happened and the coin going to sink the second one will save your back. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Zagitta
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Presale is live!
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March 23, 2018, 09:32:50 AM |
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If I'm not wrong then I think you are confused if the expensive coins need to be bought whole or they can be purchased in fractions? If this is the question then you can purchase any fraction of a coin in the crypto markets. It doesn't has to be a whole value. You can buy 0.1 of NEO or 0.05 of LTC it doesn't matters.
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philadey30
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March 23, 2018, 10:14:22 AM |
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Expensive coins like BTC, Litecoin, ETH can be bought in any fraction, there is sense in buying 1 each, it's your choice. But for me I'd like to invest in cheaper coins that have potential instead.
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talkbitcoin
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March 23, 2018, 10:42:19 AM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
there are no stupid questions when you are learning. whether this is good or not depends on your strategy in my opinion. if you want to make profit from altcoins (which seems to be the case here) then this strategy that you are using is not the best one. what you should do is to invest in a coin (any coin) that is about to have a big rise. invest all your trading funds (invest what you can afford to lose) and then dump it when it is pumped to get your money + its profit out. then move on to another coin that is about to rise and do the same with the money or money+profit that you gained. this is the way to increase your wealth not by holding on to 1, 2 altcoins.
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VanKleiss
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March 23, 2018, 08:21:57 PM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
Better invest on cheaper one and trade it with caution. NEO and Litecoin will take time before you make a 100% profit. But if you want a less risk investment, just stick with NEO and Litecoin.
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katrimans
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March 26, 2018, 12:19:38 PM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
The coins with higher value provide more stability than the coins with low value. Definitely you can earn significant profit by investing in coins such as NEO and LTC, because these are less volatile and show steady growth over time. Moreover these coins are secure to invest in. Though you won’t be able to make large profit like you could make in coins with less value and low market cap, still you will get steady returns and your investment will be secure and less volatile to the market.
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dado7
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March 26, 2018, 12:22:35 PM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
It's all in cost-benefit analysis. There is a point in owing 1x of anything that is, or can be, worth more than, say, 100 USD, but anything besides that, and owing too many, is just a nuisance - you have to track more coins, pay more fees for trading the same value etc..... I is always the best idea to build a portfolio, but also not to diversify all too much.
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Pasadoble
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March 26, 2018, 12:26:12 PM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
Yes, I think more coins you have there are more chances to get profit. so go ahead.
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tbterryboy
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March 27, 2018, 06:28:29 AM |
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You have to look at the potential of the cheaper coins. Why will they increase in value? Check the volume of your chosen coin in exchanges before you invest. If volume is too low then you may struggle to sell at any price in future.
Indeed. To differentiate potential coins with scam coins, checking of volume is quite necessary. If a coin is high in value, but the volume is quite low then it’s surely a fake pump by whales or by some groups on telegram. Therefore, checking of volume is necessary before investing rather than just pouring in money seeing the hype. Never invest in a coin with Lower volume and high rate because you might end up losing most of your investment and shall struggle to sell them at last.
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nightways
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March 27, 2018, 07:05:08 AM |
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So I can only invest small and have put some funds in some cheaper coins. Then there are these more expencive ones. Is there a point of owning 1 or 2 of each or is there just no chance to make any significant profit that way? Sorry if this is a really stupid question, I'm a noob.
I don't think it's pointless but I personally, would rather invest in cheaper coins with more gain potential. I'd rather have an X amount of a cheaper coin than actually owning 1 ETH/LTC/NEO/BTC or w/e. It's just my personal opinion though. Indeed. If we are talking about gaining potential that cheaper coins with low market cap must be bought, but if one needs secure investment, well established coins with high market cap such as ETH, BTC, LTC, NEO, etc. must be bought. Although, you can invest most of your amount in small value coins with low market cap, you must also keep some amount in high value potential coins, so that you have secure investments as well as volatile one which might give good returns in future.
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serkhio
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March 27, 2018, 07:22:00 AM |
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In fact. Do not focus on the per price of a coin. U should check its market share of a coin. If u think that coin will have a bright future and this coin's market share is very low. U could buy it without any hesitation.
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KEPLER99
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March 27, 2018, 07:32:12 AM |
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Maybe so, you can buy now 1 coin NEO or EOS because it seems to me that later on, in about a couple of years, these coins will cost as much as today bitcoin, it seems to me that the prospect is this.
I can’t agree more on the fact that NEO and EOS are potential coin and can grow to be huge in the near future. But I wouldn’t agree than it can reach till the price of bitcoin. Surely they can cross bitcoin in terms of market cap if everything goes well and we see development and advancing of technology in them, but they will never be able to compete or even come near to the price of what bitcoin nearly is because the supply of NEO as well as EOS is pretty more than bitcoin and so even if they reach the same market cap that bitcoin holds currently, they wouldn’t be of as much value as bitcoin. It’s all the game of demand and supply. Larger the supply less is the value of the coin.
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