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Author Topic: Is worth buying coins under $1?  (Read 3888 times)
MrZ28s
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May 17, 2018, 12:28:58 PM
 #101

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?
Yes of course it's a hope in all emerging coins because the coins we see today in the top rankings were once on root level with no value and they grew up with a blink of an eye. So never judge the coin by the current price and value.

You people should understand better that this is not about the price of each coin but it is about the market capitalization of a coin or its value as a whole. There seemed to have lots of coins under $1 here but in reality it is already expensive. Try to look at the details of the coin guys before saying anything.
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NOAHCOINOfficial (OP)
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May 17, 2018, 02:35:36 PM
 #102

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

Yes, but at the same time it may never go high, if the project isn't very good. This it's very essential to select the best ones Smiley
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May 17, 2018, 02:37:00 PM
 #103

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?
Yes of course it's a hope in all emerging coins because the coins we see today in the top rankings were once on root level with no value and they grew up with a blink of an eye. So never judge the coin by the current price and value.

You people should understand better that this is not about the price of each coin but it is about the market capitalization of a coin or its value as a whole. There seemed to have lots of coins under $1 here but in reality it is already expensive. Try to look at the details of the coin guys before saying anything.

Yes, sure. Agree with that completely. Market cap is very important indicator
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May 17, 2018, 02:43:47 PM
 #104

The face value of a coin does not have a direct correlation with it's potential IMO. There are enough shitcoins that are worth more than 1 dollar per coin.
You'd just apply the same criteria as with other coins, look at the people behind the project.

Ask yourself if that particular coin has a reasonable development plan and goals. Try to find out what its potential demand will be. How many people would be using it?
Yeah, face value is just more like a tag. Honestly, a coin may be $0.1 and still overpriced because it really does not have any value or something to offer in the real world. Anyone who is investing in any coin should be targeting the real life usage of a coin in the long run because that is really what is going to make the demand for it sustainable and not just end up as some pump and dump coin which I believe that is what most inexperienced investors are just chasing after.

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?
Obviously, to know if a coin is going to be having potential, you have to take your time to do due diligence on the coin. Check the activeness of the team, check if there is a product that can drive the value up, and check if there is a possibility of seeing a future for the coin or token from all the plans set out by the team. These are the things that make it valuable in the long run and not the price and that is one thing a lot of newbies usually do not get.


I believe that's true for long-term investing when people pay lots of attention to the real use of the coin. Though most think about  to buy and then sell when the price is higher
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May 17, 2018, 02:53:41 PM
 #105

You can decide only when you see that the selected coin is growing and its price is the maximum for all time.
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May 17, 2018, 04:15:04 PM
 #106

Altcoins are very risky to invest in. The key is to observe them for years and if they are supported by good projects. Following altcoins need patience and I mean a long one but I tell you that it is completly worth it after.
You should not invest without your own research or just by listening to others' comments that is why cryptos are for financial freedom, it means it is your own choice. Truly your knowledge should be enough or else you will be scammed or lose your capital.
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May 17, 2018, 04:19:25 PM
 #107

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 could be worth something but you should doing some researches to find which coins do you think has good opportunity to life longer and for sure has the chance to increase in price as well.
Andrew1337
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May 17, 2018, 04:34:53 PM
 #108

In my opinion the most profitable coins are that coins under 0.10$ . They are so cheap and a good potentailly to go up only if bitcoin will go up this year . Do not forget we are still in the dip and we should go out as soon as possible till 2019 arrives
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May 17, 2018, 04:54:09 PM
 #109

I trust that is valid for long haul contributing when individuals give careful consideration to the genuine utilization of the coin. In spite of the fact that most consider to purchase and afterward offer when the cost is higher
yanlap
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May 17, 2018, 07:36:52 PM
 #110

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
Buying coins under $1 is not an investment at all and there is not such coin available in the market that worth $1. You can not invest in market if the perception is limited to this negligible amount; we are saying that Bitcoin is affordable at low price if the market is low but not limited to this less amount. It does not mean that you can buy any coin under this amount. Try to monitor the market so that you know all about the coins and their markets.
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May 17, 2018, 07:52:18 PM
 #111

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?
If it is ICO coins that you are talking about than, i would defiantly invest in them, i would just go and look at their project and see if it is good to invest in and whether it will go far or not, and i would read some reviews and forums to know what people think of it and if it is popular than i would definitely invest in it and hope for the best, because they are easy to manage and they bring a lot of profit.
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May 17, 2018, 08:19:27 PM
 #112

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?
Yes of course it's a hope in all emerging coins because the coins we see today in the top rankings were once on root level with no value and they grew up with a blink of an eye. So never judge the coin by the current price and value.

You people should understand better that this is not about the price of each coin but it is about the market capitalization of a coin or its value as a whole. There seemed to have lots of coins under $1 here but in reality it is already expensive. Try to look at the details of the coin guys before saying anything.

Don't ever under estimate those coins under $1 because if you hodl those coins the potential might be great for longer terms. Yeah you're certain for that its not all about the price, but the most important is the community it has and the development of the currency really matters. The demand may rise particularly if this coins will become more popular in the entire cryptocurrency world.
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May 17, 2018, 08:51:23 PM
 #113

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?
Yes of course it's a hope in all emerging coins because the coins we see today in the top rankings were once on root level with no value and they grew up with a blink of an eye. So never judge the coin by the current price and value.

You people should understand better that this is not about the price of each coin but it is about the market capitalization of a coin or its value as a whole. There seemed to have lots of coins under $1 here but in reality it is already expensive. Try to look at the details of the coin guys before saying anything.

Don't ever under estimate those coins under $1 because if you hodl those coins the potential might be great for longer terms. Yeah you're certain for that its not all about the price, but the most important is the community it has and the development of the currency really matters. The demand may rise particularly if this coins will become more popular in the entire cryptocurrency world.
I remember the story of ripple and RDD and many other coins like XVG and TRX that is why I am holding those coins which are under one dollar. Right now I have invested in XVG and TRX and many others which have a high potential and they will increase in value. I hope that the price of these coins will increase much higher in value in the coming future earning me a high profit. There are some other coins which are also going better. I am also investing in them.
Nick Abimanyu
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May 17, 2018, 09:13:56 PM
 #114

There may still be a more extreme view: coins under $1 are useless.
Whether intentional or not the a priori attitude to the coin affects the lack of appreciation of the value and the selling power of the coin. In fact, if we observe well this coin can bring tremendous benefits. The magnitude of the potential of this coin like a magnet that sucks some people to buy this coin.
1. The trader who makes this coin as a commodity.
2. Investors are hunting "Capital Gain" from the invested capital.
3. The prankster who bought this coin as a trade trial.
The background of people interested in this coin is diverse. For example, interested in buying because of a sense of confusion looking for new investment coins. Looking at bitcoin prices, when the value is still low, so he was inspired, to make it as an investment instrument.
EugeneReigns
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May 17, 2018, 09:23:14 PM
 #115

Of course, that varies from the coin you are going to buy, the potential of its platform, product, team, and development progress. But investing in currencies with the price lower than 1$ is definitely worth it. Coins with low prices have a lot of space for a growth. It is easier to make the profit with these coins because "giant" currencies are already overpriced.

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May 17, 2018, 09:27:15 PM
 #116

If you are looking for a higher ROI then you should look to invest in mid cap or small cap coins with low price.  Depending on the token/coin supply the price may be above or below $1. I'd say it is good to look for a small cap coin and invest into it because if the project is a good one then you probably will get a higher profit
BUK2016
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May 17, 2018, 10:22:44 PM
 #117

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 really worth such coins if and only if you believe that the coins in question will appreciate significantly in the long run. But you think otherwise then, there is no need for you to invest your money as there are many of the out there.
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May 17, 2018, 11:41:10 PM
 #118

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?

avoid to assess the coin on the value of the usd only, try also see the volume of trading on some marketnya (if any) and also the growth of the coin, how the development of the project and roadmap. Is it appropriate as their developer plans?

entrepmind23
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May 18, 2018, 02:35:30 AM
 #119

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 judge them base on how active the team is and how knowledgeable they are in the project. Even if they aren't even in the map of crypto yet, they have the vision and they are active in their social media accounts and the investors can reach them always as there are always admin in the group willing to answer the questions. These kind of projects are ideal because they are still cheap. You will know that the team is willing to push through with the project if they are moving forward and follow their road map or if they weren't able to follow it then they have a good reason why.

If you are looking for a higher ROI then you should look to invest in mid cap or small cap coins with low price.  Depending on the token/coin supply the price may be above or below $1. I'd say it is good to look for a small cap coin and invest into it because if the project is a good one then you probably will get a higher profit

The price of the coin that is below $1 doesn't matter that much if it has a big supply but if it has low supply then there's an opportunity that your investment will grow as long as the team continue to develop the coin. Market capitalization is more important than the price of the coin for us to know if the coin has a potential to grow.

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May 18, 2018, 04:21:47 AM
 #120

coins that cost under $ 1 actually have a big effect in big profits. Because if you have a lot of capital you can get multiple profits and big your income
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