Why are cheap coins not worth investing on?

[Osas4real]

Alot of members here dey talk about how E dey good and profitable if persiin invest on Bitcoin and you go even get peace of mind as a beginner. When market go down, you get hope say E go rise again even if e take time as a result of the Bitcoin seasons. But Bitcoin Na asset wey no cheap at all and to even accumulate this asset no easy as per economic situation wey we dey face for d country.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

[Hypnotizer]

Oga…

Bitcoin Investment and Altcoin investment nah two different things o, no be all cryptocurrencies get future or value and even if the price dey low right now e no mean say e go rise in the future if you buy am right now.

What you are supposed to understand is that no matter the high price of bitcoin, you fit still buy am in small unit..satoshi (SATS) and with proper investment plan and a good and continuous DCA/NCA you go fit accumulate the amount wey you fit see profit in the long term…Sha e no be easy thing to do because no be everybody fit hold am for long term with the volatility.

I’ll quote from the most popular quote of Altcoin…

“Altcoin investment is like Gambling”

[Donk1]

First Bitcoin isn't a get rich quick scheme For that you have to be willing to understand the value of the technology and it's easy to say anything that comes too easy doesn't always end well. So yeah perhaps I like to believe Bitcoin can't be compared to any cheap tokens or altcoins in anyway.​Because first of all investing in all those altcoins coins are very risky though most of  them has shown real value but still they are very unstable like recently 2025 last year there were approximately 11.6 million tokens that failed and 11,564,909 failed altcoins projects in last year also 2025 check out this two links
https://www.coingecko.com/research/publications/how-many-cryptocurrencies-failed?hl=en-GB
https://www.crowdfundinsider.com/2026/01/257221-dead-coins-over-50-of-cryptocurrencies-have-failed-report-reveals/?hl=en-GB
 That's why to me even if accumulating Bitcoin may be hard because of it's volatility but still it worth taking the risk. And as you said earlier Bitcoin falls but it always eventually goes back up and even history has confirmed it.​Bitcoin has not only provide it worth the technology basically is the first cryptocurrency with a vast amount of potential which is unlimited. So yeah it's not about what is being cheap it's about what you can trust  Most of those cheap coins are shit coins and they don't often survive for long. It's easy to say you might just wake up one day and see that all your hard earned money is gone but those kind of stuff has never happened to Bitcoin The least we have seen is when folks misplace their seed phrase and lose access to their wallet that's just what happens when you aren't responsible enough to be your own bank...​Overall for a beginner it's best you focus more on a gradual process that has a determined value in the future than to start gambling with your hard earned money. So yeah that's all for me.....

[Bitcoin.com97]

The thing be say comparison no be better thing , Bitcoin investment no be waiting you go just invest today and expect profit tomorrow, na long term journey be that , way require your patience, even with the rising and falling , hope still dey am , if you look how long e don dey in existence and how the value don also increased, economic situation no too get hold on person if them want accumulate, so far say you get waiting dey bring money for table , na to commot small thing from it and invest , even if nah weekly or monthly, Bitcoin investment no be waiting you go wait make you get all the money first before person start , so matter how you see or feel say e high , hope still dey say e go rise more , the small small way you dey accumulate, if you come dey consistent you go see waiting you get at the end , no make am  look like say e too dey expensive for people to accumulate.

[Evergreenpost]

I have seen a lot and even mined some altcoins, paying gas fees on many that are no longer relevant today. I didn’t even realize how much money I spent buying them or the time I invested in mining.
Over the years, I have witnessed Bitcoin fall and rise incredibly many times, but it is not the same as altcoins. Most altcoins have not recovered or risen since then.
If I have to advise others, Bitcoin is better and more reliable than many others, but it is not as quick as people often expect.

[Karl_3000]

Bitcoin is not expensive, it is 1 BTC that is expensive but you can buy $50 BTC if you want.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

You can buy them with the money that you know that you can loss and not affect you. Out of 100% of my money, I allocated 60% on bitcoin, 35% on good old altcoins and 10% on new altcoins.

[Yablee0]

Alot of members here dey talk about how E dey good and profitable if persiin invest on Bitcoin and you go even get peace of mind as a beginner. When market go down, you get hope say E go rise again even if e take time as a result of the Bitcoin seasons. But Bitcoin Na asset wey no cheap at all and to even accumulate this asset no easy as per economic situation wey we dey face for d country.

I like the fact that you have already acknowledge how good and reliable Bitcoin is among all and it's not like a get rich schemes that is not that trusted and reliable. However, this your kind of mentality is literally the kind that normally end up most investors in lost and regrets. When you start running after cheap coin that will perform some magic in a short term and the end of such action is always "if to say I know, I for no go" so be careful on how you run after alt coin before you fall victim.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

The question you just asked would have gotten the best answer if only by through real experience, because I think experience would have given you the best answer you required, so I will suggest you test it yourself by investing your hard earned money into any of those get rich shit then you will understand better why real investors choose to invest in Bitcoin than risking their funds in alt coin.

[BIT-BENDER]

Alot of members here dey talk about how E dey good and profitable if persiin invest on Bitcoin and you go even get peace of mind as a beginner. When market go down, you get hope say E go rise again even if e take time as a result of the Bitcoin seasons. But Bitcoin Na asset wey no cheap at all and to even accumulate this asset no easy as per economic situation wey we dey face for d country.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

If them be first choice investment plan for people then it won't be cheap, you go try understand why this cheap coins are cheap and why Bitcoin is expensive now, cheap coins are cheap because the demand for them no dey, and Bitcoin is expensive now because the demand of Bitcoin dey and Bitcoin don establish itself, there was a time Bitcoin was also a cheap coin then no demand, people no reason am that's why that guy use 10,000 Bitcoin to buy pizza.
Why people they fear cheap coin is that it can be risky investing in them and scams also.

[cxtreenal]

At the initial stage of investment you may think that the price of Bitcoin is very high but in the literal sense the price of Bitcoin is still very low. Analyze the structure of Bitcoin and you will see that it should have been much higher than the current price situation. Due to the global situation the price of Bitcoin is currently going through a slight decline but such a situation will not remain forever. The global situation will improve soon and there is a strong possibility of increasing the price. One of the most convenient ways to accumulate Bitcoin is that you can buy any fraction of it according to your financial capacity.

Being tempted to buy low value coins can be tempting for new trader but they are risky for them. The aim of getting more profit in the short term may attract a new investor to buy and trade low value coins. But investing in Bitcoin will be right for investors of every income.

[coinlary]

It's not about being cheap, you're  stilll buying the amount you can afford and you can simply do that with bitcoin too. Unless you're  looking for a coin which will blow up over night with also a possibility  of losing your money when it goes the opposite  direction and this is not kdifferent  to  gambling .

You can't compare Bitcoin to Altcoins &  memecoins,  you can invesg on it if you want bht make sure you're  doing yhis in small unit, asked those that invested since 2021 and still currently waiting for Altseason which may never arrives

[Agbamoni]

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

Altcoins are cheap and affordable because they lack quality and value, most are Ponzi schemes, and they have no future. It's like purchasing a local used car that has a short life span but is very cheap, and comparing it to a brand new car. Which of them is going to last longer? Which has the highest value, and which has the highest resale value? As investors, we know what we want, and what risk we are willing to take, but use your tongue to count your teeth so that you wont regret later in the future for the decisions you make now.

[Loyang]

Among the altcoins in the market, almost all the coins are created to deceive people. A new person does not have much knowledge at first and he cannot do proper research on how to research the coins in the market at first. As a result, they invest in fraudulent coins and face losses. So a person never likes this altcoin.

But yes, not every coin in the market is fraudulent. There are some coins that can perform very well in the future, but we have to find out through our research. If we get acquainted with a coin through online advertising and if we invest without researching, we will face losses. One thing we need to remember is that good coins are never advertised, when a person gets good results from a coin, he will promote that coin on his own. That coin is never promoted with such money. Like Bitcoin, everyone knows Bitcoin's reputation and everyone has benefited from Bitcoin in the long term investment and the Bitcoin network is very strong.

[aNot!FicaT!on]

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

Altcoins are cheap and affordable because they lack quality and value, most are Ponzi schemes, and they have no future. It's like purchasing a local used car that has a short life span but is very cheap, and comparing it to a brand new car. Which of them is going to last longer? Which has the highest value, and which has the highest resale value? As investors, we know what we want, and what risk we are willing to take, but use your tongue to count your teeth so that you wont regret later in the future for the decisions you make now.

Investing in alts or meme coins is like gambling. They have no future and everything depends on luck, like gambling. From a personal point of view, I would try to stay away from such investments as much as possible, because according to my financial situation, investing in them is high risk for me. And you should also decide according to your financial situation. If you are financially capable of taking this luck-based or high risk, then there will be no problem for you, if you can accept any outcome, then personally I would definitely advise you to stay away from them and stick to reliable investments for the long term, such as Bitcoin.

[HajiBagi]

Alot of members here dey talk about how E dey good and profitable if persiin invest on Bitcoin and you go even get peace of mind as a beginner. When market go down, you get hope say E go rise again even if e take time as a result of the Bitcoin seasons. But Bitcoin Na asset wey no cheap at all and to even accumulate this asset no easy as per economic situation wey we dey face for d country.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

No be say e bad to buy all these coin wey you dey think say them chip no good but can you fit take heart say you see waiting you carry your money buy dey go without no any good outcome? Even if nobody tell you to buy bitcoin instead of those altcoins you as a person wey dey serious and want to invest in better thing you no go first thing of bitcoin? You use your money buy all those coins wey you dey think mean say you no serious and you are ready waste your money.

To carry your money go buy altcoins na very risky because you don’t know what is going on in the end and I dey feel like say you too just want dey pretend like say you don’t know different between bitcoin and altcoins because you don already talk say investing in bitcoin will give you peace of mind and you go get hope say no matter how the price drop e go still rise again, if you want to buy another coin wey no be bitcoin because say you no get too much money no be better reason because you can also invest with any amount you get in bitcoin.

[Lembo69]

Even if you invest in cheap coins, there is profit, but not much, as much profit as you can make from Bitcoin, you cannot make from other coins. Bitcoin reached the highest price, which no coin has reached this level before. Some other coins, like Bitcoin, reach a certain price, but they do not last long in the market. You have to be very worried about the increase in the price of the cheap coins, but it will come after a while.

By investing in Bitcoin, you can not only earn a lot of profit, but you can also easily increase your portfolio. However, Bitcoin has created a huge stir in the whole world as a digital currency.

[Itz-prisigold]

Cheap coins are attractive at first glance because you feel like you are actually getting more for less,  that is exactly the problem. Most of these coins do not have genuine adoption, solid team support,  or good use case to warrant long term potential. In contrast to these "cheap" options, even though bitcoin may appear expensive compared to other cryptocurrencies,  you can buy some bitcoins piece by piece using your discretionary income, it does not have to be a full coin.

Buying a little bit consistently over time will provide real growth potential, with that being said,  I would prefer to spend my money buying smaller amounts slowly rather than chasing cheap coins that might disappear any day.

[Youngrebel]

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

Yes dem dey cheap well well but make you know say dem no dey reliable and anything go fit happen. And di worst part be say dem no dey increase in value or in price like bitcoin does. Bitcoin go go down and within a time frame of a year or plus him go come up again but altcoins no dey like that oh. If you invest, your money go lost. So make you better dey invest for Bitcoin.

[Mhizlove]

It's not about being cheap, you're  stilll buying the amount you can afford and you can simply do that with bitcoin too. Unless you're  looking for a coin which will blow up over night with also a possibility  of losing your money when it goes the opposite  direction and this is not kdifferent  to  gambling .

You can't compare Bitcoin to Altcoins &  memecoins,  you can invesg on it if you want bht make sure you're  doing yhis in small unit, asked those that invested since 2021 and still currently waiting for Altseason which may never arrives

I understand what you're saying it's like a reminder that patience and discipline is more better than going after quick profit, it's not all coin that is being known today that will be relevant tomorrow, if someone wants to invest money on crypto is better to focus on the long term and the risk that such person can carry at the end of everything rather than having hopes on gaining profits overnight that will eventually make you end up in regrets

[Versatile_choice]

But Bitcoin Na asset wey no cheap at all and to even accumulate this asset no easy as per economic situation wey we dey face for d country.

Op! I go say na you dey see am as something way no cheap oh, well I understand your feeling sha but just so you know that there's no fixed amount for bitcoin purchase, so for this reason I go say bitcoin dey very much affordable it is not a must that you will have one full bitcoin, you fit buy as much as you can even if it is 60k own or more you're free.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

I go advice you say make you no put eye for that side, it is true that most of the altcoin are cheap and that is because they haven't gain recognition even most of them that gain recognition later get dumped after being hyped for some time. Well, talking about why we don't make cheap ones as our 1st choice, now let me ask you one simple question. If na you, you go gree use coin way never stay long for crypto market and also, over the years there is no improvement in those coin, having know this will you still make them your first choice of Investment? Its obvious that the answer will be no"  that is why people are going for the one with good potential rather than fucking around shitcoin.

[Gozie51]

But Bitcoin Na asset wey no cheap at all and to even accumulate this asset no easy as per economic situation wey we dey face for d country.

Now, I know of Altcoins, I know of memecoins them dey very cheap and affordable, although no be all but from diz department, e get tokens wey I fit buy with small money. But the question be say why these cheap ones no be 1st choice investment plan?

The thing be say no be everybody shabi say bitcoin too get smaller value called satoshi. So despite say bitcoin dey expensive, person fit buy accumulated quantities of satoshi and keep, which is fractions of bitcoin. For me, to invest in shit coins dey very risky compared to bitcoin. If you buy shitcoins, the probability say your money go come back in profit dey rare, although sometimes people dey get lucky if the coins pump, them go cash. But most times it doesn't work that was. So it is better to hodl your small money in btc than putting it in shitcoin.