Do you invest in micro cap altcoins?

[JamesDaniel90]

Hi all

I have Bitcoin and Ethererum and a few other top 20 cryptos but looking at adding a few micro cap altcoins in the hope one or two 100x or more over the next few years.

Be interesting to hear who is for and against micro cap altcoins?

If you own any what is your plan with them and if not why do you not believe in them?

[Ayers]

Hi all

I have Bitcoin and Ethererum and a few other top 20 cryptos but looking at adding a few micro cap altcoins in the hope one or two 100x or more over the next few years.

Be interesting to hear who is for and against micro cap altcoins?

If you own any what is your plan with them and if not why do you not believe in them?

having said that, you have an extremely diversified portfolio containing over 20 different altcoins and are still looking to invest more. investing in low cap or micro cap projects is possible, why not?
investing is about making a profit as long as you know what you are doing with your money and know the risks you will take when investing in such projects. but it will be a bit difficult here as we are in a bear market so investing in such projects will be much riskier than profitable. i also invest in low cap coins but only do that when we are in the bull season because then things were going up and making money was easier than it is now

[livingfree]

having said that, you have an extremely diversified portfolio containing over 20 different altcoins

I think he's describing that he's got a few from the top 20, not 20 different altcoins.

CMIIW.

Hi all

I have Bitcoin and Ethererum and a few other top 20 cryptos but looking at adding a few micro cap altcoins in the hope one or two 100x or more over the next few years.

Be interesting to hear who is for and against micro cap altcoins?

If you own any what is your plan with them and if not why do you not believe in them?

I am not against on it but I don't have luck on it. I'm not against to those investors that understands what they do and is making a profit from these low cap coins. And that's because they know when to enter and when to get out.

But, if by the chance that it happens and I'm lucky to have that type of altcoin and managed to earn from it, I'd definitely, without a doubt sell it and put that profit into bitcoin.

[panjay]

If you have an urge to gamble your way into micro-cap it's wise to manage your size, it's a high-risk area where either something picks up and the price multiply or just goes down to zero.

1% of your net worth is okay I guess, yeah but I tend to treat it as something that I don't expect much and if the price goes to zero I'm fine with risk because only my 1% net worth will be gone.

[theskillzdatklls]

Technically speaking, I would invest in anything, but the more microcap something is the way more skiddish I would be about it being a scam / waste of time and the more megacap something is the way less skiddish I am.

If you are good at it, you can do well. Similar to VC space. A standard VC company may make bets on 30 companies, 29 of which go bankrupt and one company that over 1000x's. But there's a lot of both skill and luck in determining this space. Of course, if you have that skill, the rewards are a lot higher than betting on established trends.

[bitbollo]

Its always a big risk invest in such kind of coins.
Actually I have a medium stake only in a couple of these coins but I dont have any real expectations for the future.
Generally speaking I am skeptic even to invest in any top 20 coins (Just check the change in this rank you will be pretty surprised how It change every year... )

[crwth]

If you have something worth investing in and you believe in it, I think it’s okay to risk as long as you are managing how much you are going to be at risk in that investment. I’m not sure why people would be against it as long as you are using your own money and making sure that you know what you are doing because if you do, you would understand how you could make a lot of money or lose a lot of money.

I think it depends on what type of coin you are into, and you would know if it’s worthwhile.

[SaveOurSea]

Its always a big risk invest in such kind of coins.
Actually I have a medium stake only in a couple of these coins but I dont have any real expectations for the future.
Generally speaking I am skeptic even to invest in any top 20 coins (Just check the change in this rank you will be pretty surprised how It change every year... )

Maybe it can be reduced again from the top 20 coins to the top 10 coins,
actually in investing in any coin the risk will always be there but the difference is that the risk is big and small,
of course we hope as much as possible to minimize the risk but it's not an easy thing

[asriloni]

Be interesting to hear who is for and against micro cap altcoins?

If you own any what is your plan with them and if not why do you not believe in them?

I have been buying some microcap coins that focusing into the various field I just divided these into the various microcap coins that were working in the different situation. I meant if we must also aware about that if diversify our portfolios was a must. that's why i have been choosing to divide this into the various things like metaverse, second layer solution and many more. This will be decreasing the risk for my portfolios as well rather than going all in into a specific coin.

[Piesel]

What do you mean by micro-cap altcoin, do you mean coins that have low market capitalization, or do you mean another thing entirely, but if you are looking for projects to invest in you should take your time to have personal research about them before you buy them for long-term sake.

But since you have a good project that has a long-term utility use case you can attempt to risk it but know this altcoin is a highly volatile market.

[JamesDaniel90]

No I said I have some other top 20 not all of the top 20 - I have 8 in total I am invested in I am just thinking of adding a couple of micro caps too to hold until the next bull run and hope they do a 100x or something.

[JamesDaniel90]

I am not talking about investing hundreds of pounds into these coins i mean maybe £200 maximum in the hope that it can be turned into £20k or even £40k.

Yes it is gambling but I have seen people earn a lot of money this way, the risk to reward ratio seems worth it as long as you keep the amount you invest sensible.

I have a few micro caps in mind for example that only have market caps of around £25m at the moment which is very low but if they have good bull runs then is possible for them to 100 or even 500x one day.

[theskillzdatklls]

I am not talking about investing hundreds of pounds into these coins i mean maybe £200 maximum in the hope that it can be turned into £20k or even £40k.

Yes it is gambling but I have seen people earn a lot of money this way, the risk to reward ratio seems worth it as long as you keep the amount you invest sensible.

I have a few micro caps in mind for example that only have market caps of around £25m at the moment which is very low but if they have good bull runs then is possible for them to 100 or even 500x one day.

That's all well and good I'd just make sure they are real products with real users with real technology and a real plan. That way they can't default as hard. If it's just a scam hype dog-picture squid-game project, the best you can hope for is a greater fool theory where you come out ahead.

It is all a form of gambling, so is everything, but there's a lot of skill in this. The major question is if your level of skill exceeds the average participant also buying into microcap coins. If it is higher on average, you'll do well on average. And vice versa.

Also realize that the game is also by definition rigged against you to a degree. Whale participants and people with more knowledge than you are just some of the participants you'll be competing against. So you have to be not just a little better than the average competition but a good margin better.

[ethereumhunter]

I support investing in micro cap altcoins because sometimes there are altcoins that can increase. But the problem is that we can find it difficult to choose the coins because there are so many. Apart from that, we also don't know when the altcoin will increase so it will be a very long wait. But maybe you can try to look in the list of top 100 altcoins so you won't have too many targets for you to look for. And then, you can try to manage the funds you need to invest and then just wait until the altcoin increases.

[JangoUnchained]

Microcaps? They are the riskiest projects to invest into, I do have two micro caps in my wallet but I invested 50$ each on these projects because that's the amount I can afford to lose, though the projects are well build, Alutra is one of them and it's a web3 project too, I am just saying, make sure you invest very little amount.

[cryptoaddictchie]

Investing to a low cap altcoin who has no working product yet and hoping for a 100x gain in the future feels like gambling to me so I don't invest to those. Putting some small amount could be ok but I would rather focus my capital on some altcoins that have really the potential to give me profit in the future even if it's not that big. I would not be afraid holding them for many years as they already have real utilities.

Feels the same way but sometimes the higher risk we put to such project could definitely give us a good or prosperous gains. Ive kinda like OP whose investing on top 20 coins or even can go beyond top 50 as long as I saw some even the slightest fundamental or even influential reason to it. We cant deny that a good coin must have all features but there are always exception to that.

[dothebeats]

I've tried investing on some and managed to get 20-30% max on them. They are very risky and extremely susceptible to all manipulation techniques. Also, there is a huge possibility that you will be buying on someone's stash and they can easily dump their coins on to you and you will be left with bags that cannot be sold to anyone. If I were you, I'd just go and invest on some new projects with low market cap and hope to make it big from them. That's less riskier and even more reliable than throwing your money on some projects that people have no interest on.

[Wakate]

Hi all

I have Bitcoin and Ethererum and a few other top 20 cryptos but looking at adding a few micro cap altcoins in the hope one or two 100x or more over the next few years.

Be interesting to hear who is for and against micro cap altcoins?

If you own any what is your plan with them and if not why do you not believe in them?

Investing in micro cap altcoins can be very risky looking at the current condition of the market that everything is looking red with not certain direction of where the market is going next. Micro cap altcoins can be a good investment with a huge profits especially if such coin has good and experienced team supporting it and keep promoting it to the level of more investors getting to know about it.

The problem with micro cap crypto projects is the fear of it becoming a rug pull at the end of the day because sometime when the team of a project had tried there best spending more and promoting there project and it seems to be no good results, they might decided to dump the project which may lead to rug pull making investors to lose there invested funds.

[Cuda911]

There are few low market cap projects that can turn real gems in future so yes you are on the right track, the only thing you can do wrong is investing more than you can afford to lose, do good research on the projects and make your own choices, also do not put all your eggs into a basket, diversity can save you a lot of trouble.

[Flexystar]

As long as that alt is making me money I am all fine to invest into it whether it is micro or macro or virtually unlimited cap! This only matters when you know once cap is almost to the end and there would be sudden rise in the demand and price will go 100x. However, I am not that much satisfied with any of the alts yet because despite the fact that there cap comes to an end they wont really make much changes. After all only reduced supply or supply which is going to be zero soon does not matter if there are no investors to buy it ?

Basically you should look it the reverse way. Do we have enough investors for it? Will there be heavy demand once the cap is reached to its final roadmap journey? Then we could think about investing into such coins irrespective of the caps.