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Author Topic: Less price = more profit?  (Read 23490 times)
makerst
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March 17, 2019, 04:48:22 PM
 #601

This is not always the case, because I believe and understand that cryptocurrency is the future. I think that there are really many cases when cheap tokens or coins become many times more expensive after the increase in prices for BTC and I think that all this will be repeated.
mv1986
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March 17, 2019, 05:33:09 PM
 #602

Price is not the basis for looking at the future well because it depends on the performance and capabilities of the token, Please be mindful of providing maximum traffic and supply. If the token is half a cent and there are 10 billion token circulating, then the value of that token will be $ 100 million, so to get x10 on the market cap must be 1 billion.


This is correct as there is no point in just looking at the price without looking at all the other relevant factors.

with the current prices, many people get the advantage because they take advantage of the opportunities that exist in any of these conditions. so I think it's best to stay focused on finding those opportunities to make a profit

And which opportunities are you talking about? There is also a lot of uncertainty in the market.

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rdewilde
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March 17, 2019, 06:02:07 PM
 #603

Yes, it is wise to buy cheap altcoins. But it is worthy to know that with an altcoin being cheaper doesn't mean it will be valuable tomorrow, that is why it is advisable to know the type of coins you are buying and holding. So make good research on the altcoins you want to buy to know if they are worth investing.

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March 17, 2019, 06:07:37 PM
 #604

In such projects it is necessary to invest, if you can see the Foundation, that is, at least a demo version of the project. But do not invest everything in such projects, it is necessary to choose a few and invest as much as you are not afraid to lose.
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March 17, 2019, 06:11:20 PM
 #605

In such projects it is necessary to invest, if you can see the Foundation, that is, at least a demo version of the project. But do not invest everything in such projects, it is necessary to choose a few and invest as much as you are not afraid to lose.
all investments will be fraught with risk. We can't avoid it. If you want to get an advantage then we must face the risk. If it succeeds then we will benefit, if not then we will have a loss.
pooh95
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March 17, 2019, 06:18:13 PM
 #606

yes investment into coins of small cost is a sense, but I think that investment shall make only a quarter of a briefcase and buy at least 10 different coins, anyway the cost of all coins will go up sooner or later.
beehimneff
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March 17, 2019, 06:23:59 PM
 #607

Buy makes sense, but not everything. I think altcoins from the top 100 can be considered for purchase, but the rest of the cheap coins to buy risky, if only very selectively.
Chuky92
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March 17, 2019, 08:08:38 PM
 #608

Yes it is, but very important to take note of the coin you intend buying. Not all cheap altcoins are worth investing as many are just pump and dump coins with no value attached. Your utmost research is needed before investing.

JeromeL
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March 17, 2019, 08:18:06 PM
 #609

You look not at the present value of the coins as at how much they originally cost. If the initial price was $ 100, and then it fell less than $ 1, then of course you should not buy such a coin. Give an example, I am ready to discuss it with you.

PuertoLibre
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March 17, 2019, 08:21:18 PM
 #610

It is not at all necessary that your coins, which have relatively low prices, can later grow enough to justify the risk of investing in them.
The potential growth rate of the coin can cover the losses but timing is the main factor in this trading deal. There is also a possibility to get a double loss if less price doesn't have any connection with total market cap.
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March 17, 2019, 08:21:36 PM
 #611

Buying tokens at a lower price doesn't necessarily mean huge profits. A great profit can be when you have chosen a good project with prospects and a reliable team committed to the development of the project to the fullest
Moeda
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March 17, 2019, 09:12:01 PM
 #612

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 myself prefer to buy cheap coins for example Doge. Doge price of $ 0.002076. What I see is not the price, but the activity of the coin in each market. If the coin is an active exchange, then we can get a quick profit, and it's hard to fall.

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levvv
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March 18, 2019, 05:01:45 AM
 #613

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?

Very cheap altcoins usually doesn't promising a good Return of Investment (ROI) for short time.
They will need some time to release their products, and recovering the price in the market.
Sometimes the cheap price is because they just listed their coin in some exchange.
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March 18, 2019, 05:10:31 AM
 #614

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?

Very cheap altcoins usually doesn't promising a good Return of Investment (ROI) for short time.
They will need some time to release their products, and recovering the price in the market.
Sometimes the cheap price is because they just listed their coin in some exchange.
No, in most cases, very cheap coins are heavily risky. The reason behind the cheap price may be the project is not good enough or they have a huge amount of supply. In the case of 1st reason, the project will die eventually, for 2nd, the probability of rising price is very low. So, it's better not to invest in a very cheap coin. Otherwise, you may be ending up losing your investment  too.
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March 18, 2019, 05:22:04 AM
 #615

The price of a coin does not really matter when you intend to buy a coin - no one could have bought Bitcoin because it has the highest price. What matters most is the ability of the coin recover quickly and rise to a significant percentage which will yield profit to its investors. Instead of going for small prices coins, I suggest OP do a research on each coin before buying them.

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March 18, 2019, 05:36:46 AM
 #616

I will better buy and invest when bitcoin or altcoin less price and lower, its will have many chance to get much profit and keep more investing on the next time, never buy or invest when raised higher price of some altcoin.
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March 18, 2019, 05:48:18 AM
 #617

It does not make sense to buy altcoins which cost less when 1$ - the main thing you should pay attention to is the project itself, not the price.
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March 18, 2019, 05:50:19 AM
 #618

I would not do that, there is a risk that the coin abandoned in the future or delisting from exchanges or scam or etc.
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March 18, 2019, 05:51:22 AM
 #619

Personally, I buy tokens for new projects. First of all, I study the project team, the startup product is of great importance, you need to understand well what it is for and whether it will be necessary at all. Important value ideas if there is a value then the project will not die. My advice to you, carefully study the project before investing.
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March 18, 2019, 06:03:38 AM
Last edit: March 19, 2019, 04:35:48 AM by edisystem
 #620

It's not completely true, there are so many altcoins that have less price and most of them are trash coins.

If i were you, i will not buy altcoins that have a low price like 0.001 dollar because the price will not go up. Even if it go up, it will take years.

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