Yes obviously these coins are more "high risk" but that just means (sometimes) higher reward. It is also important to look at total supply of coins for these gems. Under $10 coins that I am holding for now are:
WAVES
ARK
ADX
ANS
VIA
SHIFT
STEEM
CFI (big potential here)
STRAT
I think all of these coins have a chance at high double digits or even triple digits in the future.
I am also holding SNT under $1. Although a good cheap coin with tons of upside potential, I don't see it going as high as the others due to high total supply.
Topic: Altcoins Under $10 Investing Question - page 4. (Read 3788 times)
Does anyone find this thought amazing? Imagine buying a coin that cost less than $10. Lets just say the coin is $1. There are tons of coins that are under 10 cents. Obviously many of these coins stay around that amount for a long time. I notice theres ton of coins that are 1 cent or around that area etc.
Now lets say theres a coin thats 10 cents. It start rising up to 50 cents, then its 1 dollar. Then suddenly its $2. Now imagine buying 1000 of these coins. That would be $2000. Now if the coin falls well whats the most money you can lose? $2000. But when it goes up, you can double your money, 10x, 50x, 100x your money etc. Its of course lot harder to 100x your money. However imagine getting a coin that is $0.10. 100x that amount wouldn't be that hard compared to if you get a coin say at 0.50. Obviously it would be a lot harder if it was $1 or $2 etc. But from what i see with the top coins in the top 15 list in terms of marketcap, many of these coins not that long ago was around $1 or $2. Many of these coins have already increased a lot. Even going from $2 to $10 is 5 times your money. So $2000 in total investment would be $10000.
The thing is if you get a coin like 10 cents. By it going up to 1 dollar, that is 10x your money. Imagine 10 cents for a coin. You buy 10000 of them for $1000. Suddenly that coin is worth $1. Then it goes up to $5. Then $10. Now your $1000 is worth $100,000. That thought to me is just amazing. Because if a coin is that low, well whats the worst that can happen. You lose $1000? By it doubling to 20 cents, thats double your money. The thing is imagine all the people that buys coins when it was 25 cents. Say they buy 10000 of them for $2500. If that coin goes up to $10, thats $100,000.
How many people here has made a ton of money buying altcoins very cheap? And when i mean cheap, i mean like under $1. Theres so many coins that are like 10 cents or a bit more and wow it just seems amazing how much profit one could make if it goes up.
I mean think about it. If you buy tons of a coin thats $0.25. You buy 10000 of them. Thats $2500. If that coin ever gets to $100, thats 1 million dollars. I mean my thoughts are there would be so much excitement if i got 10000 coins at 25 cents each. Then i notice it rises to 50 cents. Then 1 dollar. Then goes to 5 dollars. Then 10 dollars etc. I mean it seems like its possible to really make a lot of money this way? Now imagine you buy a coin thats 5 cents and buy lots of them. Oh man if it rises to 5 dollars, that would be a lot of money etc.
Now lets say theres a coin thats 10 cents. It start rising up to 50 cents, then its 1 dollar. Then suddenly its $2. Now imagine buying 1000 of these coins. That would be $2000. Now if the coin falls well whats the most money you can lose? $2000. But when it goes up, you can double your money, 10x, 50x, 100x your money etc. Its of course lot harder to 100x your money. However imagine getting a coin that is $0.10. 100x that amount wouldn't be that hard compared to if you get a coin say at 0.50. Obviously it would be a lot harder if it was $1 or $2 etc. But from what i see with the top coins in the top 15 list in terms of marketcap, many of these coins not that long ago was around $1 or $2. Many of these coins have already increased a lot. Even going from $2 to $10 is 5 times your money. So $2000 in total investment would be $10000.
The thing is if you get a coin like 10 cents. By it going up to 1 dollar, that is 10x your money. Imagine 10 cents for a coin. You buy 10000 of them for $1000. Suddenly that coin is worth $1. Then it goes up to $5. Then $10. Now your $1000 is worth $100,000. That thought to me is just amazing. Because if a coin is that low, well whats the worst that can happen. You lose $1000? By it doubling to 20 cents, thats double your money. The thing is imagine all the people that buys coins when it was 25 cents. Say they buy 10000 of them for $2500. If that coin goes up to $10, thats $100,000.
How many people here has made a ton of money buying altcoins very cheap? And when i mean cheap, i mean like under $1. Theres so many coins that are like 10 cents or a bit more and wow it just seems amazing how much profit one could make if it goes up.
I mean think about it. If you buy tons of a coin thats $0.25. You buy 10000 of them. Thats $2500. If that coin ever gets to $100, thats 1 million dollars. I mean my thoughts are there would be so much excitement if i got 10000 coins at 25 cents each. Then i notice it rises to 50 cents. Then 1 dollar. Then goes to 5 dollars. Then 10 dollars etc. I mean it seems like its possible to really make a lot of money this way? Now imagine you buy a coin thats 5 cents and buy lots of them. Oh man if it rises to 5 dollars, that would be a lot of money etc.
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