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Author Topic: Is worth buying coins under $1?  (Read 3973 times)
eiijee160613
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September 13, 2018, 02:25:34 AM
 #661

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

In terms of maximizing profits, Yes for me. This coins and tokens are hot in my radar. The lower the better yet with proper research and updating, in fact i don't  focus to trade for primary or well known coins I'm more confident to trade for new one yet solid in developments.
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September 13, 2018, 09:16:39 AM
 #662


I study the product itself, how useful and valuable it will be to the crypto community. Then I look how much the team is implementing this product. What investments, partnerships are behind the product. And after that I already decide whether to buy this token or not

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September 14, 2018, 09:09:00 AM
 #663

I still remember when the NPXS coin ICO was around 0.0021 USD.
Then the price went up to 0.0040 USD and it was a perfect achievement because I had a very good profit.
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September 14, 2018, 09:23:49 AM
 #664


I study the product itself, how useful and valuable it will be to the crypto community. Then I look how much the team is implementing this product. What investments, partnerships are behind the product. And after that I already decide whether to buy this token or not
I think, it used to be that many people thought that tokens that had prices below 1 $ were not worth buying. but, for now I think that is a natural thing, depending on the type of product that the coin produces. the coin will have a high price depending on its usefulness, so I think it's quite natural.

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gtglener
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September 14, 2018, 10:46:17 AM
 #665

It really depends on the coins. There are coins that have high potential to be in demand in the future that would be a giod investment. It would be good to evaluate its current value for the past months. See how did that coin fair in the market. If you see relevant increase then that is a good sign.

when talking about the value of crypto coins in the future, I divide into the current coin trading and coin invest. Coin trading is usually one that can provide maximum profit in the short term with a good margin value and is usually very volatile every day
It seems to me that profit can vary not only from the price of coins, but also from their quantity. But this is the question, the price of a 1 dollar coin is quite acceptable.
You can invest in any coin irrespective of its prices only if the project behind the coin is good and it has a great technology. In the start, when ETH was launched, the price was very low but it grew very quickly and more and more people started buying Eth because it had a great potential and ETH showed it by capturing the second highest market cap in the crypto world. SO invest in any asset as long as you can earn.
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September 14, 2018, 12:49:47 PM
 #666

A coin being less than one dollar does not guarantee that it would do well. What matters mostly for these coins is the developers. You need to be sure that its a great team and they are constantly working before you invest into their coin
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September 14, 2018, 02:38:58 PM
 #667

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
Having the potential to grow or not depends on the coin developer and market, for me now it is very risky if you buy coins only because the value of the coin is below $ 1 or above, we better focus on how we analyze the coin, and conclude how future value based on the cryptocurrency market and the volume they have.
I really agree with your opinion, if you just see the coin price below $ 1 and then interested in buying it, it's a big mistake, a good potential crypto coin is not seen from the price, but how the coin team is to make changes to the global community through the platform his
NRista94
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September 14, 2018, 03:13:41 PM
 #668

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

In my opinion yes, the low satoshi coins can jump faster and make a bigger profit in a quicker timeframe, but same as that they can drop faster and make you lose money. Noone can tell you invest in this or invest in that, if you want to invest always make your own research, get familiar with the project, read the whitepaper and infiltrate yourself into their community, the community knows more about the project and the investment timing than anyone, but you can get that information only if you understand the project and ask indirectly about the goals that could be achieved in a quick timeframe. Many announcements go out every week, read them and you will get a slight idea when its time to invest, and again discuss your opinion with the community
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September 14, 2018, 03:18:14 PM
 #669

In the past, people used to think coins under $ 1 were not worth buying, but considering the current situation, buying becomes a natural tendency to an incredible degree. Maybe depending on the value of the product. You should buy them before it's too late
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September 14, 2018, 03:34:04 PM
 #670

Investor who starts speculating in this market with small capital, naturally he will look for promising coins or tokens with very low prices and buy as much as possible and then wait for a big jump for the price of this coins in order to earn a big profit .. The high price coins will not be worthwhile in such this case ..
bitbunnny
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September 14, 2018, 04:11:25 PM
 #671

If I were you, I wouldn't do that, think it's not worth to buy such cheap coins.
On the other hand, many would probably say that Bitcoin started on similar value and the value today can't be compared with that it first appeared.
Still, I beleive that Bitcoin is realy special case, maybe once in a lifetime and that will not happen any time soon, although many coins tend to be new Bitcoin.

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September 14, 2018, 04:38:09 PM
 #672

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

Coins under $1 are best for long term HODLing. With a few hundred $ you can accumulate thousands of them and just go to sleep!

In the long run, a single one of these coins have the potential to generate returns enough to recoup your entire investment. I usually advise noobs to just spread a few hundreds over a few coins less than $1 or even from $0.10 downward.

Cheers
shashikamal
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September 14, 2018, 05:12:25 PM
 #673

First of all it's a not good reason to buy a coin less that a dollar. There are some genuine coins in the market less than a dollar as well as higher than a dollar. To decide which coin to buy, should have a lot of skills & understanding about the new ICOs. As of now most of good coins are less than a dollar & you no need to buy many coins to get profit. Meantime most top 10 or 15 coins are less than a dollar & positioning in a good buy point. You should aware that to buy in the correct time in order to get maximum profit & hold for long term to book  your profit. Do not act with market fluctuations & always holding for long term could take you to a new level.

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September 14, 2018, 05:15:55 PM
 #674

I like that coin with a price under 1$ I get a lot of money from coins under 1$ I trade in binance and there are many cheap coins like xlm, there, trx, iotx, iota, iost and others
try it very good and profitable

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September 14, 2018, 06:12:17 PM
 #675

I don't think so, the price doesn't matter that much, because there are still coins that
is worth buying even if the price is tens of dollars. Just evaluate the coin by how
useful overall it is.
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September 14, 2018, 06:27:49 PM
 #676

I still remember when the NPXS coin ICO was around 0.0021 USD.
Then the price went up to 0.0040 USD and it was a perfect achievement because I had a very good profit.

You can buy some of them as just for fun like and if you success and those coins give you even multiple time return you will grow rich and will recover all your money as well if other coin do not perform. Consider it like a trial and and error basis and see if it works.

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September 14, 2018, 08:22:11 PM
 #677

Investors must understand that it is not always a good choice to make huge volume of trades on altcoins that are under $1 USD in values, the altcoins might be cheap to purchase but investors should really research the usage of that specific altcoin that they are planning to purchase, as that specific altcoin might become worthless if there is totally zero usage for it and eventually the developer will just give up developing that altcoin.

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September 14, 2018, 08:33:40 PM
 #678

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
in my opinion, it's not impossible for a coin that costs $ 1 then the price goes up to $ 10 or $ 50, now it's just how we see the development of the coin because a lot of coins that are worth $ 1 become no price at all.
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September 14, 2018, 09:05:12 PM
 #679

It does not matter the price of a coin. What matters most if, coins that are worth buying are coins that are managed by a good team and havls a good technology irrespective of what the price is in the market. This is what we call a coin worth buying
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September 14, 2018, 09:52:08 PM
 #680

What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

I think their growth can be considered very interesting. Because, coins below $ 1 are capable of extraordinary moves, when compared with coins which have a big name.

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