I read a lot of people claiming that you have to look for coins that have low market cap and low circulating supply, because they are likely to rise in price.
Then, i read a lot of people (often the same people as before) claiming to buy Ripple, EOS, cardano or IOTA, coins which have a ridiculosly high circulating supply compared to their market cap (which is high to).
Why?
Mistake? Hypocrisy? trying to pump the price and recover some loss? or is actually correct?
If it is a correct affirmation, those coins have no chance to grow in price. Not more chances as dogecoin has at least.
The only think that can differ between those coin and dogecoin is that they have an active staff/project behind, but there is still the supposition, sustained by many, that because they have a very high circulating supply and market cap they cannot actually rise in price.
Then, why those people say that if at the same time they buy the coins they should not buy?
Tell me what you think.