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Bitcotalk
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March 11, 2019, 02:10:58 PM |
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Not each of the cheap altcoin is worthy to buy because most of them will die soon. But there are some good coins too. You have to invest in only good coins. If you are thinking that anything under $1 will go up more than $1, then you have no idea about cryptocurrency.
Both of these are right. The first one means that the lower the cost of investment of a coin, the high the probability of success or in other words the lower the price, the maximum the profit margin. This concept had been used by some of the richest men in cryptotcurrency earlier when it was the start. So, even now when the market is down, the concept could be used for profit maximization very well. |
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"I'm sure that in 20 years there will either be very large transaction volume or no volume." -- Satoshi
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premiumproductss
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March 11, 2019, 02:17:58 PM |
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Friends, does it make sense to take very cheap altcoins <$ 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 doesn´t make sense at all. Everything depends on market cappitalization and circulating supply. For example, Ripple has market cappitalization simmiliar to Ethereum, but Ethereum costs 400times more - cause less supply. And if you want pump, you have to put same amount of money to get same % growth, you understand? |
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semobo
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March 11, 2019, 02:55:13 PM |
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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?
Buying low and selling high will give more profits no matter of it is high valued crypto or cheap crypto only the price difference will give you profits. |
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greenclub09
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March 11, 2019, 03:15:27 PM |
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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?
when choosing an altcoins we should always becareful with the market price, buying a cheap altcoin under 1$ doesn't matter if it reaches top volume of crypto market, even when it falls, we still have the chance to get back as long as the community keep supporting it, so dont worry about choosing altcoins with cheap price or not. |
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rhyo3232
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March 11, 2019, 03:35:07 PM |
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not that easy to draw conclusions.
even if you buy an altcoin that costs under $ 1.
not necessarily the price will exceed $ 1, because there are many things that affect such as volume, total supply and altcoin functions.
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oho
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March 11, 2019, 03:42:12 PM |
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The cost of a coin doesn’t mean anything! If we look from the point of view of potential, then let's say one billion coins for $ 1, it’s already clear that the potential is small, and if there are one million coins for $ 1, then this is a different conversation! I want to say that the value of a coin does not always reflect its potential!
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xvids
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March 11, 2019, 04:47:15 PM |
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I don't think that the price of the coin has an effect of your profit,
No matter what the price of the coin is even if you bought plenty of it what matter is your capital,
Just think about it for example your capital is $1000 and you bought some low value coin worth $1 with the half of your capital so you have 500 coins and you bought a token worth $500 so you have 1 $500 worth of token and both of them got pump up about 5%.
So from both of them you would received $25.
See it doesn't matter how many coins you have you would still receive the same profit .
And also not all of the low value coin could pump up so it is a risky investment.
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futuristishe
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March 11, 2019, 05:14:38 PM |
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Of course it is worth buying cheaper coins. But when a coin is worth a penny it can be so that the coin may not enter the market. Therefore, coins that are very cheap may simply not appear on the exchange
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mv1986
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March 11, 2019, 07:09:52 PM |
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The question is false. Only because a coin is below $1 doesn't mean it's a cheap coin. It also depends on the total supply. If there are a 100 billion coins, do you think $1 is cheap?
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PuertoLibre
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March 11, 2019, 07:22:21 PM |
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All altcoins isn't below 1$ but price is so fall down. Now invest only for huge profits because with low price which brings you more profits.
Price is not the case here, the main question is about the marketcap of altcoin. Some coins have less than 0.01 USD price but the total turnover or daily volume is worse than other high price altcoins. |
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Wildwest
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March 11, 2019, 07:50:00 PM |
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I think it's the same between cheap and expensive. But I better recommend the cheap ones because they will get more coins, but of course through careful consideration to determine which coins you want to buy don't get to choose junk coins
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Milamol
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March 11, 2019, 08:51:00 PM |
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I do not think price is important for any asset. Of course, with the exception of the most expensive, as they are more difficult to pump.
It was said above that the combination of many different parameters, such as supply, capitalization, fundamental and technical indicators of the project, is more important.
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beeelzebub
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March 11, 2019, 08:52:38 PM |
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Price doesn't affect profit at all.
You can say about market cap like it is easier to make 10x a 1 million dollars market cap to 1 billion dollars market cap but still that is not always the issue.
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logicgate
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March 12, 2019, 10:33:05 AM |
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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?
Buying low and selling high will give more profits no matter of it is high valued crypto or cheap crypto only the price difference will give you profits. Indeed this is best way to make profit that we can buy at low price and wait then for price to be high, it takes few years to recover but it gives profit higher than even some are now a day milliners, so I think this is best way to make money try to buy when price is low and then after buying hold, only true and expert investor can know how to take advantage of low price. |
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dhiraj0977
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March 12, 2019, 10:43:48 AM |
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You can buy at current time as all tops coins were at most dip, you can certainly those some of trusted top coins and you really have a chance to earn big if any other pump comes in future, but still you have to consider one more risk that market can go more lower than that what currently is. Nothing is for certain in crypto market. It is always considered to be very risky, high gain, high loss market and very volatile market.
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Caladonian
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March 12, 2019, 10:51:09 AM |
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You can buy at current time as all tops coins were at most dip, you can certainly those some of trusted top coins and you really have a chance to earn big if any other pump comes in future, but still you have to consider one more risk that market can go more lower than that what currently is. Nothing is for certain in crypto market. It is always considered to be very risky, high gain, high loss market and very volatile market.
You must anticipate possible outcome, it's not always green so even you think that you already on the bottom chances that value will go down still high, best options aside from buying low value coins is to find passive investment, those who are inside the PoS type coins where you can gained dividends are also good for your journey. Less price can turned to more profits, only if you have the right knowledge and patience to wait for the price hyped. |
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Jenn33
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March 12, 2019, 11:22:48 AM |
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If you get in at the right time, let's say when a project is in its very early stages of development and you buy at a low price, you can make a very high profit when the coin eventually rises. But this comes with high risk as well, make sure you do your research.
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innocentone
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March 12, 2019, 11:30:27 AM |
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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?
No. If the token is less than one dollar and it does not have a use case, it does not make sense to buy it. Except ofcourse if the token has a lot of volume and circulating supply, and the demand of it is high, it is reasonable to buy that token. |
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mv1986
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March 12, 2019, 11:31:51 AM |
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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?
No. If the token is less than one dollar and it does not have a use case, it does not make sense to buy it. Except ofcourse if the token has a lot of volume and circulating supply, and the demand of it is high, it is reasonable to buy that token. If the circulating supply is high you should buy the token? I don't even understand how you constructed that argument. I would only buy something if I want to use it and it has stable value or if I believe it goes up in value. What does the 1 dollar mark have to do with that? |
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logisticalmother
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March 12, 2019, 12:09:26 PM |
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yes, maybe if you buy cheap tokens, you expect to get a big profit, I think it is far because, the cheap price can immediately disappear when the price is falling so if you want to get a lot of profit, you have to buy tokens that are not cheap too, so it can be the same - equally beneficial to both parties.
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