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Author Topic: Most expensive cryptocurrencies on the market?  (Read 165 times)
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shiming
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April 03, 2019, 07:00:55 AM
 #21

At present, the most expensive one I want to say is bitcoin, the market value is the first. It is also widely used. If it exceeds Bitcoin in unit price, it is because the quantity is very rare and is not considered.

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Bitbtc8
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April 03, 2019, 07:08:20 AM
 #22

Either expensive or not what really matters is market cap ,the coins or tokens that are expensive means nothing to investors when investing ,the call is for investors only and many investors this days prefer to buy cheaper coins and tokens hoping to get 10x profits some day ,I still prefer to buy bitcoin for long term even has expensive as it is now

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April 03, 2019, 07:11:41 AM
 #23

"cheap" and "expensive" are comparative characteristics for an asset. you can't call a large number "expensive" and a small one "cheap". being expensive means the coin is worth more than it should. for example an altcoin can be worth $2 and be considered expensive because its true value is $0.01 or vice versa.

Hi folks,
I know market capitalization matters much more than the actual price, but just curious, do you ever consider the actual price of the coin before buying? I mean what motivates people to buy these very expensive coins?

this is completely false. market capitalization means absolutely nothing.
the only time MC is important is when you are speculating based on how many newbies think a useless altcoin that is getting pumped is worth. newbies look at MC and think if it has a high MC it should be a good coin. but they also look at MC and think if it reaches X then it is impossible to go beyond it because X is a big number.

what you should look at is the price itself. not the value but where it is. is it undervalued or overvalued? if it is the former then buy if it is the later then sell. simple as that.

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April 03, 2019, 07:17:02 AM
 #24

My question is if I buy most expensive coins or token to hodl will they bring better profits than the cheaper ones ? Of cos not so it doesn't even matter ,what we investors want is the return of bullrun

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tanvir232
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April 03, 2019, 10:24:57 AM
 #25

The most expensive cryptocurrency is bitcoin in the market.last few years, cryptocurrency with its heightened privacy features and decentralised nature has definitely caught the world’s attention.
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April 03, 2019, 10:27:06 AM
 #26

BTC is still the most expensive currency. It is difficult for any electronic currency to replace BTC's position.
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April 03, 2019, 10:43:26 AM
 #27

Hi folks,
this seems like a trivial thread but I was reading this today > https://steemit.com/cryptocurrency/@thecrytotrader/5-cryptocurrencies-which-are-more-expensive-then-bitcoin
this was published one year ago.
For example, the coin named 42-coin is by far the most expensive (at the time of the article it was above $50,000, right now it is still well above $15,000 per coin).

I know market capitalization matters much more than the actual price, but just curious, do you ever consider the actual price of the coin before buying? I mean what motivates people to buy these very expensive coins?

Any constructive opinion welcome.
I do not think people are motivated to buy it, because i tried to check the 24 hours volume and i discovered how low it is.A coin might be expensive, but that does not mean it is a good coin to buy. Always do proper research before deciding to buy a coin.

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April 03, 2019, 08:06:46 PM
 #28

We have so many coin in the market that are very much expensive and I don't see any reason why people actually make purchase of this coin.

Because, most of this coin don't have a real life value to the crypto community and I can be very sure that they might not be an increase in the price of that coin anymore since it has gotten to the pick it can get, maybe there is a ways they make profit from this coins, or this coins are owned by whales in the crypto space who has a lot of money and don't know what to do with it.
I think right now, the most expensive of some of these coins that are well known is Bitcoin is we are to base it on coinmarket record, I have really not head of such coin OP mentioned that is that expensive but I can be sure that most of those coins are strictly utility coin and you would not experience any fluctuation that will make it valid for investment, they can only be used as store value and for payment because they will tend to stabilize on that.

Let us watch out for BTC, the moment BTC reaches its all-time high and there are no longer much manipulations in the market, BTC will also retain a very high value for a very long time. Like this trivia, bitcoin will be more reliable for those who want to use it for payment and store of value.

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Zuxe
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April 03, 2019, 10:21:05 PM
 #29

I think BTC is the most expensive digital currency so far, and at the same way very profitable for long-term hold.  I'm currently planning on getting it into my portfolio no matter how expensive it is.
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