Guys what are you all talking about. Coin price mean nothing. Literally nothing.
Coins under 1$ are risky?
Price of token/coin is based of its market cap (what determines if coin is risky or not) nad number of coins. token price = marketcap/ number of tokens.
If price would define if coin is risky than Ripple (0,66$) and Iota (1.73$) will be more risky to invest than Maker (800$) Mixin (800$ set on 1 exchange with funny volume).
You should never compere coin looking at their price. You will not make bigger profit on cheep coin (1$ coin)!
There is no difference between buying 0.01 coin woth 10 000 for 100$ and buyich 1000 coins worth 0.1$ for 100$. There is no difference.
Its not like every newbie think...
If ill buy coin worth 1000$ and it move 1$ i would earn 1$ from 1000$
If ill buy coin worth 1$ and it move 1$ i will earn 1000$ from 1000$
Yea but its not the same move. 1000$ coin move 1$ every day. Even 10-30-100$ every day. Beacuse it move % of its value. Not cent by cent.
So if you'll buy 1000 coin 1$ each it will move to 1,001$ when 1000$ will move to 1001$ - giving you same profit.
Newbie said : I bought 0.1 btc i will not earn much
another newbie said : I bought 10 000 000 satoshi - ill be milionair soon
And thats the same amount and the same risk/prift
If IOTA become better project than bitcoin it will have higher market cap not higher coin price. If it will have higher coin price its marketcap will be more than 4 000 bigger that bitcoins. It will have 30 times bigger marketcap than whole S&P 500 (apple, facebook, amazon, microsoft, mcdonald and other 500 biggest america companies) - insane and thats only catching bitcoin (in price of token!)
Now imagine ripple moving to bitcoin price... No chance.