Be careful of low marketcap coins

[pooya87]

The main difference between a low marketcap coin and a high marketcap coin is that the former didn't have a good pumping team while the later did. Otherwise they both are created for the same pump and dump scheme and are only good for short term trading if you can handle the pump and dump's unpredictability to make some profit. In fact the low cap coins get bigger and faster pumps compared to big cap coins.
In other words as long as you don't "invest" in them you could be fine.

[defi-Dany]

Lastly is the what newbies usually think, I have seen many of them saying that I can not invest on bitcoin because bitcoin is too expensive, is bitcoin expensive? Bitcoin is not expensive, you can buy $10 worth of bitcoin, not necessary to buy 1 bitcoin. But I am always surprised to see newbies saying Bitcoin is too expensive which is the reason they will go for low marketcap coins and lose.

I also often meet friends who say this when I suggest that they buy Bitcoin instead of altcoins.
They would rather buy a bunch of altcoins for a dollar than for a little bitcoin.


The smallest unit of bitcoin is 1 satoshi, and one hundred millionth of a bitcoin is equal to one satoshi. If you look at the future price at the price of one bit, it will definitely not be high. The main thing is that this thing is too rare. You have to look at it in a smaller unit, so that the future bitcoin price will be amazing.

Seeing this, if you still think Bitcoin is expensive, then Buffett’s company, Berkshire Hathaway, has a price of nearly $300,000 per share.

[suzanne5223]

I have been researching about how someone can lose money if investing on low marketcap coins or tokens, during the bull run I noticed the price of low marketcap coins increased but the huge bear run affected these cryptocurrencies than I expected, I saw a coins/tokens falling from a marketcap of $2 million becoming less than $16000, I just do not want to mention the name of these coins, you can use coinmarketcap or coingecko to check the coin from 2500 upward.

These are the negative effect of low cap coins, a single market manipulation could lead to the doom of the coins but there is still some good low cap coin and it requires a deep search about the project usage level, utility, the team involved knowledge and passion for the project success.

There are over 11000 cryptocurrencies but I still do not know how coin number 2567 have a marketcap of $14.20,

This is the sad story about coinmarketcap services these days because the coin with the little or not cap don't have any trading volume why Coinmaketcap still shows trading activities for the coins which means CZ and the team behind coinmarketcap are not doing their job well. However, the coins that fall into this category seem to be erc20 tokens and I believe what we're seeing is the impact of the ETH network transaction fee.

[The Cryptovator]

That's how I lost my funds between 2017-2018. Those coins I had chosen that volume has dropped significantly and lost everything. During choosing a coin for hold or trade we must need to know the overall market cap of that coin. Otherwise, funds will go like me. Usually, newbies don't know even about the market cap and how it works. It's because of lack of knowledge and eventually become a loser in the trading or holding. So, first, we should research as much as possible especially about overall volume in the market cap.

[KevinRosa]

When I came into contact with cryptocurrencies, someone told me not to touch those altcoins. You would become the person who carried the sedan chair.

The era of altcoins ascending to heaven in 17 years, no matter how trash can rise tenfold, is impossible to come back.

[pawanjain]

It's quite obvious that low marketcap coins are too risky. Many coins are getting created every week and trying to rise in price but end up getting dumped soon.
Most of the times these low marketcap coins are just created by rookie developers with low initial capital.
They think the coin will pump and they will make money but they don't understand that only when the coin will have enough liquidity then people will think to invest in it.
Some even create new projects just to scam users. So this is why it's in our best choice to invest in potential currencies from top 20 coins.

[ReiMomo]

We have so many coins which in market now. As said, all coins do not meet up the market-cap. It depends on the project and demand the volume goes up and down. Always choose the best coins which have good trading volume / market-cap. I would say, choose the coins that are below $1 and have more trading volume. Get into best exchanges. Keep 2FA Activated.

[GeorgeJohn]

We have so many coins which in market now. As said, all coins do not meet up the market-cap. It depends on the project and demand the volume goes up and down. Always choose the best coins which have good trading volume / market-cap. I would say, choose the coins that are below $1 and have more trading volume. Get into best exchanges. Keep 2FA Activated.

Choosing a coin that is below $1 is good but the problem is that when will it come up for market, because some altcoins can stay in same value till three to two (3-2) years interval without further development or increment in value, so if the coin eventually give off, automatically the money used for the investment has become waste, I don't really believe on altcoins because i don't have much trust on them, i really prefer bitcoin irrespective of the marketcap or regulations because it's obvious and hope that it can go up anytime and any hour and as well fall anytime too, so in summary it's better to invest in bitcoin than altcoin, despite that altcoins can make you to recover a lost within short time.

[Coyster]

When I came into contact with cryptocurrencies, someone told me not to touch those altcoins. You would become the person who carried the sedan chair.

Even after quite a lot of pump and dump experiences, exit scams, shitcoins and the rest, investors still time and again fall for the possibility of altcoins to make them rich, the thing is users who choose many altcoins and randomly invest in them are just basically looking to "get rich quick" through crypto, some of them hardly even do the tiniest bit of research on what they are putting their funds into, they just go in like it's a "lottery" and hope it can produce ROI in some time. Having said that I wouldn't even tell users to chose from coins within a certain amount or from the top or bottom of cmc, if you're a long term investor, then what you need is a coin that's sustainable for the long period, and it's Bitcoin, if you want to invest only shortly, then you can look in the direction of some of these altcoins and hope your money doesn't 'go away'.

[Taskford]

We have so many coins which in market now. As said, all coins do not meet up the market-cap. It depends on the project and demand the volume goes up and down. Always choose the best coins which have good trading volume / market-cap. I would say, choose the coins that are below $1 and have more trading volume. Get into best exchanges. Keep 2FA Activated.

Choosing a coin that is below $1 is good but the problem is that when will it come up for market, because some altcoins can stay in same value till three to two (3-2) years interval without further development or increment in value, so if the coin eventually give off, automatically the money used for the investment has become waste, I don't really believe on altcoins because i don't have much trust on them, i really prefer bitcoin irrespective of the marketcap or regulations because it's obvious and hope that it can go up anytime and any hour and as well fall anytime too, so in summary it's better to invest in bitcoin than altcoin, despite that altcoins can make you to recover a lost within short time.

Many assest that they can earn better on altcoin with low cap since they can buy more volume than buying bitcoin itself, but what they didn't know is the huge risk since we don't know how things will end up with those coins and we don't know if they will continue their project as we know they still need fundings to run but they cannot get it since there coins made is not gaining investor so far. So for this maybe this option is not good with investors who only have small capital and much better to buy those top alts which is more better to us.

[CryptoHeadlineNews]

Hmm.. Sometimes you won't blame those who invest in these low marketcap coins, because many who lost the opportunity of investing in Bitcoin when it's price was low below a dollar sees those coins as a second opportunity to turn millionaires in the near future when it gets value, which sometimes leads them in tears.. So thats the reason.

[Oshosondy]

Hmm.. Sometimes you won't blame those who invest in these low marketcap coins, because many who lost the opportunity of investing in Bitcoin when it's price was low below a dollar sees those coins as a second opportunity to turn millionaires in the near future when it gets value, which sometimes leads them in tears.. So thats the reason.

Nobody is blaming them, this is just a warning how the low marketcap coins can be very dangerous, which can lead to someone that invested in them to lose high amount of money, we do not have to blame them than to encourage them to invest most of their funds on bitcoin. There is still much opportunities in bitcoin, investing in it will still bring some profit.  But there are still many greedy people that like low marketcap coin, there are still newbies that like low marketcap coin, these people still lose, I hope those that read this will be able to know how low marketcap coins can be very dangerous.

[FIFA worldcup]

The main difference between a low marketcap coin and a high marketcap coin is that the former didn't have a good pumping team while the later did. Otherwise they both are created for the same pump and dump scheme and are only good for short term trading if you can handle the pump and dump's unpredictability to make some profit. In fact the low cap coins get bigger and faster pumps compared to big cap coins.
In other words as long as you don't "invest" in them you could be fine.

Its easy to pump a low marketcap coin and small whale group can easily pump the coin. But this usually happen in the bull season. AS soon as the bear market start, these low marketcap coins become close to zero and many people lose their investment if they had bought them at higher prices.

[Taskford]

The main difference between a low marketcap coin and a high marketcap coin is that the former didn't have a good pumping team while the later did. Otherwise they both are created for the same pump and dump scheme and are only good for short term trading if you can handle the pump and dump's unpredictability to make some profit. In fact the low cap coins get bigger and faster pumps compared to big cap coins.
In other words as long as you don't "invest" in them you could be fine.

Its easy to pump a low marketcap coin and small whale group can easily pump the coin. But this usually happen in the bull season. AS soon as the bear market start, these low marketcap coins become close to zero and many people lose their investment if they had bought them at higher prices.

There are so many newbie investors will get hype when someone told that the low cap coins they bought will possibly pump up the same with bitcoin that's why we csn see several people trying to buy and hodl those coins, but guess what happen on some investor instead they win losing money is what they gain for waiting their bought coins they buy so its really better to stick with the coins which been around for long years since they are the one will stay for mode longer years.

[zasad@]

..
Lastly is the what newbies usually think, I have seen many of them saying that I can not invest on bitcoin because bitcoin is too expensive, is bitcoin expensive? Bitcoin is not expensive, you can buy $10 worth of bitcoin, not necessary to buy 1 bitcoin. But I am always surprised to see newbies saying Bitcoin is too expensive which is the reason they will go for low marketcap coins and lose.

You cannot talk about coins by capitalization, you need to learn how to invest correctly. You should not buy altcoins, which are written about in articles with grabbing: "The price of these altcoins will definitely rise this year", "Top altcoins of the month".
Yuitcoin may be the safest asset to invest in, but not the best in terms of profitability.

[worle1bm]

These so called altcoins and defi tokens have distrupted the whole crypto market and in hype people are investing without any prior investigation into the project which is why lost their funds.This $600 million poly network hack is result of the same thing as there was leak in the project security which caused the people funds to be vanissed and now they can't do anything.So it's safe to invest in bitcoin because the network is secured along with your funds so decision is yours.

[Oshosondy]

You cannot talk about coins by capitalization, you need to learn how to invest correctly. You should not buy altcoins, which are written about in articles with grabbing: "The price of these altcoins will definitely rise this year", "Top altcoins of the month".
Yuitcoin may be the safest asset to invest in, but not the best in terms of profitability.

The price of the coins has really risen, I saw many on coinmarketcap how they have rising very well, some rose more than 700% or more, but when bitcoin dropped from $64000 to $30000, the coins have dropped more, like a coin I saw at $7 was dropped to $0.9 until it recently increased to $2.9, but some of these coins are not showing good sign of increasing like before. Some people would have sold during the decrease, some coins just left to be useless after the decrease.

[Tessnik]

The altcoin market is the most volatile in the entire cryptocurrency market. Most of the prices of the altcoins dropped significantly, leaving investors losing huge money. But again there are some other altcoins such as Hex coin which did 40x of its price recently most other altcoin simply follows the bitcoin trend.

[Oshosondy]

But again there are some other altcoins such as Hex coin which did 40x of its price recently most other altcoin simply follows the bitcoin trend.

Recently! When? The last bull run I noticed was during bitcoin increased to $60000, many altcoins increased very well, doge even increased over 300x during the time, while Ravin increased 100x, many coins like Neo, Ethereum Classic and Link all increased over 10x. But these are still high markercap coins, they are not part of the low marketcap ones I am talking about. I can say low marketcap coins starts from 1000 up out of the 11000 cryptocurrencies that are existing.

[Dewi89]

This is true, whenever you are looking for a coin to invest always check the marketcap, if that coin is already old and it only has so little amount of marketcap, you should avoid it, that would not be profitable, always check also the volume, this is also important, the volume should high as well, it shows that the coin is active and a lot of investors are into it.

Totally agree, coinmarketcap will help to find important information for proper coin choice for trading and investment, I had experience checking one of the coins which decreased in volume above %50, so I decided to sell before the price was dumped in the market.