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Author Topic: Less price = more profit?  (Read 23410 times)
bakermaker123
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April 01, 2019, 02:06:32 PM
 #701

Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
Not in all cases though. Yes it is true that less price will be more profit in times of bull if it is increase by a tremendous amount. However, those coins that have less value and you bought them thinking that they will give you great profit in the near future will be risky because the price itself states that.

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manfredmann
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April 01, 2019, 02:10:26 PM
 #702

I would definitely be encouraged to buy cheap altcoins but be careful which ones to buy.
Being cheap does not necessarily mean it will give you more profits in the future.
Make sure you do not ignore other important factors (fundamentals).
Well good cheap altcoins in the market are listed on coinmarketcap.com. Just try to visit the site and check coin with low market price like and check coin with below 1usd market price. But, I suggest as I strongly agree with the reply that be careful to chose altcoins. I suggest to buy on those listed in the top with good coin marketcap volume.


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April 01, 2019, 03:55:58 PM
 #703

Of course there is because you can earn good money on them. Think yourself if you bought a token for a couple of cents and sold for eighty it would be very profitable for you. There are many undervalued projects on the market, so take a look.
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April 02, 2019, 10:52:46 AM
 #704

Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?

i agree with you if less price will give us more profit
if we choose the right altcoins, but if not we will lose our money too
do not forget to think about the risk my friend,,
regards
CTO@MyBitMine
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April 02, 2019, 11:48:43 AM
 #705

Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?

i agree with you if less price will give us more profit
if we choose the right altcoins, but if not we will lose our money too
do not forget to think about the risk my friend,,
regards

I don't agree at all, cheap price doesn't mean good profit in future, its a totally wrong position imho, only good idea and realising of project can give a good profit in future, first price means almost nothing.
bebekangsoo
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April 02, 2019, 12:05:27 PM
 #706

Of course there is because you can earn good money on them. Think yourself if you bought a token for a couple of cents and sold for eighty it would be very profitable for you. There are many undervalued projects on the market, so take a look.
coins or tokens if the price is low or high does not mean that it will be profitable or not, it does not have to be a high coin to be profitable so you can be confident and check more details of your coins, because coins that have low prices can still be profitable.
many of them have made a lot of profits from low value coins.

installer
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April 02, 2019, 12:11:54 PM
 #707

It does not mean that this coin is going to multiple its price, because everything depends on their development level and the quality of their management decisions. I would rather invest in BTC than in an altcoin that costs 0,0000001 USD without any perspective.
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April 02, 2019, 12:38:47 PM
 #708

Guess what people who bought Bitcoin at 4100 yesterday must be feeling when the 2019 high was hit at 5050? Can you ever imagine getting over 20% profit in just a few hours? Possible with altcoins they say, but at what volumes, and for how often? You could sell millions of BTC at the price and market would not break. Try selling 100k altcoins and see what happens to the orderbooks;) Less price is not guarantee of more profit.

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mattadc
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April 02, 2019, 12:43:03 PM
 #709

It all depends on the coin in which you plan to invest and how long you are willing to wait to make a profit. This is very important in investing.

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Sum24
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April 02, 2019, 09:00:19 PM
 #710

It does not mean that this coin is going to multiple its price, because everything depends on their development level and the quality of their management decisions. I would rather invest in BTC than in an altcoin that costs 0,0000001 USD without any perspective.
It takes time and you are right it is wrong to expect very high profit at single try, as much as I know investors will have to wait after investing once, because it takes time for market to recover, BTC is the best altcoins, I have ever seen and I don’t consider it as lose if I have to wait for it, I know it is promising one so waiting does not matter for me.
Kwame Genius
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April 02, 2019, 09:50:22 PM
 #711

I would definitely be encouraged to buy cheap altcoins but be careful which ones to buy.
Being cheap does not necessarily mean it will give you more profits in the future.
Make sure you do not ignore other important factors (fundamentals).
That is why i have chosen investing in XLM because this coin is hitting big time in the market.It is a potential coin that can compete with Bitcoin cash and ETH for some few months to come.

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april08
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April 02, 2019, 10:27:57 PM
 #712

Most times in buying and holding of coins, i prefer coins less than a dollar. Most often their profit margin of those coin is higher than all those established coin. Currently i am investigating some coins less than a cent.
Korkorjkk
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April 02, 2019, 10:59:28 PM
 #713

Cheaper coins can give you a higher profit when the price rises very high. It also has an advantage such that, if it turns out to be a shit coin, you will not lose so much money that you invested in that coin.

BADBITCH
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April 02, 2019, 11:00:57 PM
 #714

Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?

It is good to buy at a less price
But it could become less price = delisted

Unless you are able to dyor and get the right projects to invest upon

Remember dyor then avoid fud and fomo
Cryptosaja
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April 02, 2019, 11:14:36 PM
 #715

Must be smart to choose coins that are cheaper because there are many cheap coins that end up scam or delisted, indeed it will be very profitable when the price rises rapidly
minersday
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April 02, 2019, 11:28:14 PM
 #716

Prices just represent the value of the crypto coin at a particular moment in time. A crypto coin with less price does not really necessary mean it has the potential of making you more profits.  It is very possible that the price of the coin can further drop in value. If you want to invest and make profits, forget about the price and just research on trends of the crypto market.
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April 02, 2019, 11:51:15 PM
 #717

Actually it's possible but with the situation of the market now, it is unlikely to make more profit out of it, it still depends on the coin supply and demand
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April 03, 2019, 12:31:15 AM
 #718

There is one thing I strongly belief in to never give up while there is life in something I am part of. Although there are great dips going on but that shouldn't let you quit so soon. There is time for everything, season to smile and season to frown.

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April 03, 2019, 01:22:20 AM
 #719

I agree with you completely. the TRX is very cheap but it has a very large capitalization. there are also coins that are much more expensive but capitalization is small.

I have also been keeping a close eye on tron, it seems to finally come away from 0.01 so anyone who bought at this price have now doubled their money ....
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April 03, 2019, 02:18:08 AM
 #720

Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
depending on the coin you will choose, some of the cheap coins can sometimes be the right choice.
it will make us get a lot of profit if the price grows well.

but if we buy the wrong coin, then it might make us lose.

I have also been keeping a close eye on tron, it seems to finally come away from 0.01 so anyone who bought at this price have now doubled their money ....
yeah, i'm also watching him now. It looks like Tron will grow very well and i was lucky to have bought it a few when Tron was still quite cheap.
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