Less price = more profit?

[SwiggHeart]

More profit means that the coin is really worth it. But i dont even think that the price was really efficient enough if most of the coins which has less price would take more profits.

[1715020556]

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[1715020556]

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[nightl]

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?

You probably do not have an economic education) firstly, you choose the project at a price, although the price does not say anything. Secondly, now is not the best time to buy.

Why is it about economic education?
How to estimate the cost of a token, for example, not having carried out an ICO?
Even if the cost of mining, it can have a very large price range due to the cost of electricity
so only on the hype around the project .. If there are cheap tokens with less than 1 $ with hype, why not buy one.

[Adriano2010]

I think yes, if some good altcoins with strong development value under 1$ now, and after many years can value way more, then yes is good to invest on these coins and wait for a grow and a good profit.

[Fammosh82]

The media or public sentiment also has a big influence over the price of cryptocurrencies. If a token or platform gets some negative publicity, you would generally see the price of that coin take a dip. While, if the same coin were to get high profile support and good media coverage, the price would almost certainly increase. This means prices are heavily influenced by human emotion and hype.

Other factors that have a big bearing on the price include the level of token utility — i.e., how useful is the token — and the underlying blockchain platform in solving a real-world problem, while the mining difficulty of proof-of-work (PoW) tokens could also dictate the value — i.e., a higher mining difficulty would mean it is more difficult to increase the supply of the coin and cause upward pressure on the price when demand is high.

[fosco333]

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 think we cannot assume like that for all coins. If the price is low, it might be because lack of awareness.
More awareness will attract more peoples to buying coin, the price will increasing with the demands.

[emmybd]

These days, some high potential altcoins are also quite cheap, so instead of looking for new tokens with cheap price it will be good if we choose stable altcoins with cheap price.

[kogozer714]

I personally if there are cheap coins <$ 1 I will definitely want to buy it, but tokens with cheaper prices do not always mean big profits. we also have to know the future prospects of the coins we will buy, see the team and programs that will be taken.

[Ellen Adarna]

Buying an altcoin that has a low price could give you a good profit if the coin that you have bought increased it's price,  but buying altcoin that has a low price is very risky because you cannot say if that coin will increase or will go down that is why it will be much better if you buy an altcoin or cryptocurrencies that has a potential to increase it's price like ripple, ethereum, bitcoin and many more. Anyways, i am now playing in a trusted and famous online casino who also supports blockchain technology and accepts bitcoin as payment which is "vegas casino" that it gives great prizes and bonuses.

[Ellen Adarna]

Buying an altcoin that has a low price could give you a good profit if the coin that you have bought increased it's price,  but buying altcoin that has a low price is very risky because you cannot say if that coin will increase or will go down that is why it will be much better if you buy an altcoin or cryptocurrencies that has a potential to increase it's price like ripple, ethereum, bitcoin and many more. Anyways, i am now playing in a trusted and famous online casino who also supports blockchain technology and accepts bitcoin as payment which is "vegas casino" that it gives great prizes and bonuses.

It is a risky to buy an altcoin has a low price because you cannot say if that coin has a potential to increase it's price and good for long term investment, so it will be better if you buy a coin that has more potential and good for long term investment like bitcoin and ethereum.

You are right that finding a coin that is good for long term could give you more better profit than buying unsure low price altcoin.

[LimLims]

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?

Dude i understand , like you many young traders make this mistake more often.
Let me make you clear of the thing that, if you have a sufficient amount of money, then follow this steps.
First of all you need to look into the recent price bump and pump of the particular coin which you want to invest.
Secondly invest only that amount that which you can bear the losses. As in trading there is always 50% chance of winning as well as losing.
The thing which you need to have is presence sense of mind in order to gain profit.

[Xising]

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?

In the most basic sense, I would say yes, because, when the value of a coin is low, there would be no other way but up for its value. However, that's not wholly applicable in this market because it is not, per se, a sure fire reason that one coin would climb up in value. Some are kept in that low value price point until it ultimately dies out. That's how difficult it is for coins to compete in this market day in and day out. I think, more thatn the value, it's better to check out its movement to know that despite its current low price point, there would be a bright future ahead for it to gain and move up in the market ladder.

[Fedots83]

Of course not. You pay attention to the wrong indicator. The price can be anything. Our main goal is to understand how easy it will be to swing the capitalization of the project and make money on it.

[macshad]

Buying very cheap coin doesn't necessarily mean you would get a big pay out but its definitely possible so you have to know the Project and you should always remember to only invest only the amount you are willing to lose because you should also be ready to lose some money but really low altcoin gives bigger payout in there is a sudden increase in price

[Catmurs]

Not always, if the price of the token is small can bring you big profits , you should always look at the main component of the project , and you should always buy at the beginning of the trend

[onrise]

Of course not. You pay attention to the wrong indicator. The price can be anything. Our main goal is to understand how easy it will be to swing the capitalization of the project and make money on it.

Many times wrong coins or less priced coins are not worthy at all as those become worthless coin in future and all your money goes waste . Instead prefer the one which will have a good future and can be a long term wealth multiplier so that you can keep making money .

[memecoin]

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 that altcoin's price is now very cheap, but don't think that it can be of great benefit in the future, because I have seen it even decrease and your money will evaporate on its own 

[BeManga]

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?

there are some cheap coin right now
but you need to make a lot of research first before you buy
its like a chain reaction in crypto when the bitcoin price drop
all altcoin will drop but when bitcoin price rise not a altcoin will rise
so before you invest you must look if the coin have some potential
it kinda hard to predict what coin gonna give you profit but everyone knows that investing always come with a risk
so only invest what you can afford to lose

[salink]

I think it is necessary to carefully analyze the low price coin you want to invest because its price may continue to fall or die. Therefore, to minimize risk, consider which coins are the best in the market and the top list in the 20 to 30 position.

[disconnectme]

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 can assure you if this is your strategy of making money in this space you will end up losing money, it does not count the price you are buying provided you are buying value and low, BTC at $3k was a good buy for those that bought it, like wise Ethereum at $86 was also a good buy, BNB at $8 was also a good buy, the most important thing is the growth potential the token has

[corrado25]

lower price than $ 1 is not a problem but a lower price than 1 satoshi is definitely not worth buying. If you are not sure if it is worth buying a coin below $ 1, I advise you to study everything about the coin, to fan other people's thoughts, but the most important thing is to see what is in it the capitalization of which place is in the coinmarketcap and most importantly how many exchanges are traded and traded on several top exchanges