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Author Topic: Is worth buying coins under $1?  (Read 3894 times)
danherbias07
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May 16, 2018, 04:12:12 PM
 #61

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?

There are tokens that are worth the risk even if they are low in price for starters.
PundiX is one and I have really made some good money already out of it. Their product is somehow unique and will really help boost the crypto industry.
Qtum already signed to be added in their device and more will come.

As of now it is fluctuating at a range of .01 - .009 USD and the ATH is like .15 which really made a lot of money for those who sold at it. Starting price was like .001 USD
I am still holding a lot and will expect it to grow at a booming $1 each.  Grin

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May 16, 2018, 04:13:39 PM
 #62

If you are limited by money, then you should buy coins whose price is below $ 1. Preliminary it is necessary to study the white paper of the project.
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May 16, 2018, 04:32:54 PM
 #63

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?

It is risky but worth it if the project fully blooms and it becomes fully developed. Some projects even partners with big companies after a successful project or product development. Some altcoins that are under 1$ value even grow up to 10x or even 100x in the long run.
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May 16, 2018, 04:42:13 PM
 #64

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 decided to invest depending on its project and the team behind on it because whatever the price of the coin it is, if the project and team is a good one it will always help this coin to climb up in the future. We only need to be patience and support this coin so that we didn't missed any opportunity that we may possibly earned even, it is a less than 1$ coin it will also have a big possibility to a high demand in the market and we can earn a huge profit just hold it in the future.


That's absolutely true about patience. Indeed it's almost impossible for a token climb up to the moon just in one day - it needs some time. And it's good when a project has the supporters that understand that and don't try to sell their tokens immediately
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May 16, 2018, 04:56:42 PM
 #65

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 decided to invest depending on its project and the team behind on it because whatever the price of the coin it is, if the project and team is a good one it will always help this coin to climb up in the future. We only need to be patience and support this coin so that we didn't missed any opportunity that we may possibly earned even, it is a less than 1$ coin it will also have a big possibility to a high demand in the market and we can earn a huge profit just hold it in the future.

That's absolutely true about patience. Indeed it's almost impossible for a token climb up to the moon just in one day - it needs some time. And it's good when a project has the supporters that understand that and don't try to sell their tokens immediately
Yes he is correct the price is not a matter only it is about quality of the project but the early stages of any crypto currency is hard sometimes even good project with better team also failed in the history so in my opinion it is hard to predict the success of any project at the early stage but if that someone have enough patience then he will make huge profits if the price go to moon.

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May 16, 2018, 05:05:54 PM
 #66

there is no exact situations in cryptocurrencies even if you buy the coins with expensive price but there is no guarantee the price of those coins will always high or increase and i think buy coins with the price $1 or under that price still worth but indeed we have to more carefully about that and i personally if i want to decide buy cheap coin then i only pick the coins which have good position at coinmarketcap and high of communities of support

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May 16, 2018, 05:07:59 PM
 #67

I surely don't pick my coins using the price as a factor for sure, as its the market cap that decides the return potential of a coin and not its price. Many people make the mistake of buying a coin based on its price but what they don't think about is that a coin with a large coin supply and a large market cap isn't going to pump as much as a coin with small market cap and low coin supply.
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May 16, 2018, 05:12:09 PM
 #68

Yes it is. Coins under 1 usd are the best coins there is for all of us. Imagine if you bought tons of it when it was under .01 usd. And it turned out to be 1 to 3 usd? Best investment there is. Try doing that. It is one of the best trick in crypto.
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May 16, 2018, 05:24:50 PM
 #69

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 usually invest in currencies under $ 1 and usually do not invest in high-priced currencies. Because the currencies are high, the price difference when the fluctuation occurs is very low => not profitable.
The $ 1 $ altcoins will fluctuate more and it will bring a lot of profit.


Thanks for sharing your view. Yes, the market can be extremely volatile and it's not pleasant to loose much during such periods (if to talk about high-prices coins)
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May 16, 2018, 06:12:06 PM
 #70

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?

Now lad, this could be the good time to take an in-depth observation in the TA. What coins are you exactly planning to invest at? It better be not another shitcoin.

Ranks of the coin isn't a proper indicator that you're investing at a good coin but the aim of the coin itself and its legitimacy. The legitimacy of the coin is quite complex to know and you might still end up in a "pump and dump" coin that won't be so good to invest at.  Determining the potential of the coin won't be that hard to look into if you're just taking time to observe it.

- Look for a counter-coin for it. This is cryptocurrency, there are different and quite similar coins out there. You never know that there could be the same coin as the coin you're investing at. Take time to look for alternative coin for it.

-Price movement in the TA. Not the just the ups are what you're gonna look into at. Consider also the dumps/downs happening in that coin. If you already know that the coin recently went too far up in its early stage, it could be a good coin to buy in large quantities.

-Activity of the tradings. You are a trader, presumably asking for questions in Trading Discussion. You know that you're gonna buy and sell, therefore you're gonna need a buyer and seller. If you know trades aren't active that much in the different exchange sites that supports your coin, then better quit it before it digs down even deeper in price.


Thanks a lot for such reasonable and comprehensive opinion. Indeed a person should investigate various factors, market situation and trends before buying anything. especially when some coins can be simply pumped. 
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May 16, 2018, 06:35:44 PM
 #71

We must check the White paper of the project and the developing team.If this two are good, you can inverse in that altcoin. Eventhrough it's value lesser than1$.In Cryptocurrency trading, the value is not a sense to inverse. You have to check the potential of investing coins.

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May 16, 2018, 06:36:33 PM
 #72

Coin und3r $1 is worth buying but you need to consider token matrix which is supply and coin in circullation and you need to see coinmarketcap and possibility of that project can goes in coinmarketcap. Example : if coin total supply is under 100 million and the price is under $1 and when you did dip research the project can goes to top 100 in cmc which mean arround $150 million in marketcap its mean the token / coin is very under price.

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May 16, 2018, 08:27:02 PM
 #73

Deicde if it will potentially grow. It os actually depends you  that I like to call it a kind of a gamble because you do not actually knw if the coin will increase or not increase making a bet to see which will grow and that happend to us right now. Also come to think about it because Iam talking about a kind of trading that it ia a gamble making a bet on one coin making a decision if it will go high or low like if you have it and that could help now but yeah trying to bet if it will rise in the future.
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May 16, 2018, 09:10:20 PM
 #74

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?

That depends. If the coin is priced like that but has a low market cap plus it's movement is not that active, then I would say that it's not a good coin to buy. More than its buying value, the better consideration is the idea that it can be turned into good business rather than just keeping it in holding only for it to be stagnant and not yield into something fruitful. Therefore, it's not how much is it that matter, but it's more about the aspects that would contribute for you to gain more.

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May 16, 2018, 09:46:10 PM
 #75

I also think that would also depend on the coin either you will invest on an ICO coin or the existing top ten rank coins that had a less than a dollar value.  If I am to choose,  I would rather prefer to chose on the existing coin since this could guarantee that it is not a scam and it's been there for quite sometime. It has already proven it's worth and all you need to do is to analyze it'market trend performance so that you could choose the best coin for your investment. Go to coinmarketcap currency site for your reference of coins.  Goodluck.
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May 16, 2018, 09:47:30 PM
 #76

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?


It depends upon the future platforms of the coins. It is important that we are always reading the whitepaper of a certain project so that we'll have an idea about it's future. I guess there are still lots of coins which valued below $1 that would strike high in the future.
chocolaty
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May 17, 2018, 12:26:55 AM
 #77

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?

Some coins below $1 are potential coins. You just gotta check the community supporting it. How solid are they? How big is the market cap? How good is its platform? Make your researches about your prospect coin and read feedbacks from other people (if you do not know how to read the charts).

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May 17, 2018, 12:45:31 AM
 #78

The less price a token has the greater the chance to gain a big profit. If you bought a currency which is less than 1$ and pump to 2$,  it will result to x2 of your investment. But i must prefer you to buy the cheapest to high chance for big gain profit

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May 17, 2018, 01:29:41 AM
 #79

In my opinion yes but that coin should be has not so much circulating supply, and one important factor that make the price going up is their team developer, we have to check it to know they keep active to development aim of the project. And chooce coin that has high daily trading volume,.like NANJ coin.

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May 17, 2018, 03:23:14 AM
 #80

This is very worth it, i say all coins are worth as long as it can gives profit. I have some coins under 1$ but before of course i say how the condition of that coin, i try to follow the news every news for few days ago i then decided the status of the coin.

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