Is worth buying coins under $1?

[Wittycoin]

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 does not matter if the is less than 1 dollar or not. What really matters is what is in their road map or white paper. You should do more research before you invest on some crypto, pick crypto which is capable on climbing at the top with a great team who backs up the project.

[thunderbitz2717]

In my opinion, it is good to buy tokens less than 1 dollar. It is good if it will just fall on 0.08 down to 0.02 dollar. Why do I say that? Most of the ICOs that gone are always listed in 0.04 dollars below and it will become hard for us to wait until it will recover. If you buy a 1 dollar token then you lose almost 70% of your capital unlike with 0.02 which can connect easily the price on the market.

[dchou]

This question needs a deeper understanding of a purpose. All of us going to make extra profits, so cheaper coins/tokes allow to collect more quantity.

If to speak about profits its depend on:
- % of price growth
- amount you invest
- quantity
- commision
- token/coin liquidity
- market cap

I'll give an example:
Invest 1K in BTC and 1K in ALT.
BTC could show growth for 25%mo
ALT could show growth 300%mo or more after appearing on exchanges.

So, all new coins have potential for rapid growth.

[fibrolit]

I often focus on positive news regarding new tokens (cryptocurrencies). For example, recently I paid attention to the VIT and Unibright tokens. VIT has signed an agreement with the largest porn site PornHub(no need to laugh),now users can pay for viewing VIT tokens,and in the future PornHub itself promises to start paying users for viewing. Unibright company entered into an agreement with three major companies — Lufthansa, Microsoft and NEM and it comes just three months after the end of the ICO!

[elpape225]

https://medium.com/@optitoken.io/hyperdeflationary-monetary-systems-why-they-should-be-owned-and-utilized-1a34bc2a7536

[bummm]

I think it is always perfect if you buy altcoin under one dollar. But you have to face one problem that is scam problem because always new coin going to scam today. So it is also very risky to buy under one dollar coin but it is more profitable if you choose this system. So if want to get ready for take a some risk so you stat buying altcoin under one dollar.

Many cheap altcoins have a great market capitalization. For instance, Stellar and Cardano are in the top-10 cryptos. Nobody will say ever that these tokens are the scam.

[Celebrity]

This question needs a deeper understanding of a purpose. All of us going to make extra profits, so cheaper coins/tokes allow to collect more quantity.

If to speak about profits its depend on:
- % of price growth
- amount you invest
- quantity
- commision
- token/coin liquidity
- market cap

I'll give an example:
Invest 1K in BTC and 1K in ALT.
BTC could show growth for 25%mo
ALT could show growth 300%mo or more after appearing on exchanges.

So, all new coins have potential for rapid growth.

If markets become green again, altcoins will gain more value than major and big coins. We know this, bur for the question, I can say XEM for under $1 coins. Ripple is also under $1 but I would never buy that totally centralized ripple coins. XEM would be good in this case.

[truongdhnh]

I think the most important is the long-term strategy and must clearly demonstrate its goals, mission, vision, social benefits, clarity in tokens hold, web cooperation with experts and links, reputation of the group is also important. When the factors satisfy even $ three i invest. Whether it is worth or not depends on each person and $ two is not a problem when you have.

[Samuel Cofie]

I think it does not really matter whether the coin is below 1$ or higher than 1$. What matters is, does the coin stand a chance of maturing over time from it initial market price? If yes!, then i think, it is pretty cool to buy such coin.

[lady Royal]

Obviously, It is worth buying coins under 1$ you can buy different coins under 1$ and wait for the price to get high in few months then you should sell it, 1$ is nothing so it worth the risk.

[Harlot]

I think it is always perfect if you buy altcoin under one dollar. But you have to face one problem that is scam problem because always new coin going to scam today. So it is also very risky to buy under one dollar coin but it is more profitable if you choose this system. So if want to get ready for take a some risk so you stat buying altcoin under one dollar.

Not really. Being a 1$ coin does not prove that the token is most likely a scam. Factors such as supply really affect the price of such coin. Look at XRP now where it is currently way below 1$ compared to its ATH. 1$ is really just a price if you really want to find out more about the cryptocurrency itself you must research more than its price as this is what will tell you whether or not it is a scam. Other than that blaming a cryptocurrency as a scam for being priced at 1$ is really a dumb reasoning.

[Johnzky]

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 you have spare money to buy this cheaper coins or token,for sure theres a chance to gain enough or even bigger in future,but together with this is a risk of losing to,so be ready on both occasions to gain or loss

[ajiejot]

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?

You should not consider the price only, you should consider the ICO price (if that coin has conducted ICO) and you can consider also the development team, if their project is active and have great community, much better if you will buy a coin that is cheap and have quite large market cap.

[andycarrol]

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 you have spare money to buy this cheaper coins or token,for sure theres a chance to gain enough or even bigger in future,but together with this is a risk of losing to,so be ready on both occasions to gain or loss

I have experience when buying mue coin, that time the price just under 100 satoshi. My tips to convince these coins will increase I saw from their activeness in social media with a promising prospect, also I saw a very active team. I have waited over 6 months until eventually the coin increase above 3k satoshi.

[Lauff]

in my experience, new coins that appear in the market partly fall below 1 $ because many of them sell below the normal price, new coins can grow if the team from ico cares about the project they are working on

[miningguru]

Look out for potential coins which are valued under 1$ and at the same time we have to look our their supply because if there is huge supply we don't know how long it will take to make profits. Just don't rely on people answers just research yourself before investing.

[XIANNE25]

For me yes but make sure you review whats the use case of the token..if u see the potential of growth then buy it..you will earn more profit when u buy less expensive compare to tokens with high value already..

[brown01]

I think yes. When coin values start at $ 1, then it is possible to increase rapidly with this abundant market. You should buy large amounts of tokens so that it is worth increasing profits as much as possible. Wish you find the worthy token investment in the future with the technology era 4.0

[Bennix]

Buying coins under $1is profitable depending on the research the buyer did before buying.
A trader that buy coin under $1 have a good opportunity of making more profit if the coin has small market cap with significant use case.
Each and every trader knows that the more coins one buy in terms of numbers the more profit one makes if the price of that coin moves up.
Each and every trader knows that buying coins under $1 is advisable for traders trading with small amount of money like $20 reason is that with small amount one can buy many units of coins under $1,but one cannot buy many units of coin that are valued above $1.

[vladmamedov657]

Certainly. if they have a future. you need to find out whether they will be useful to the world or not, whether you see the development of this project with these coins in the future. Something like that.