Low market cap coins are really scary because there are always not pridictable, but as newbie I thought bitcoin is too expensive, but after series of i formation and more knowledge from this forum, I get to know thet small amount of money can be used to purchase bitcoin, so low market cap coins always looks easy to trade but also very easy to make someone loose money in a very short period of time, on the other hand it can also make someone to earn money on time.
Exactly my point, we know it applies to coins in such a way low cap coins are most volatile, they can increase than expected and drop than expected. Someone can invest money and lose all in just one day, this do occur when the person thinks the market will continue to grow after bull run for several days, the person will buy the low cap coins, expecting the price to increase but the bear run starts which will drain all the money or almost all the money invested. Some low cap coins are also manipulated by people that created the coin, they will sell their holding after some people buy the coin which will result to price dump. 
Topic: Be careful of low marketcap coins (Read 497 times)
Low market cap coins are really scary because there are always not pridictable, but as newbie I thought bitcoin is too expensive, but after series of i formation and more knowledge from this forum, I get to know thet small amount of money can be used to purchase bitcoin, so low market cap coins always looks easy to trade but also very easy to make someone loose money in a very short period of time, on the other hand it can also make someone to earn money on time.
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.
That is what such site are for, if you want to know information about a certain coin, just go and check about this on coinmarketcap, if I do not see the coin on coinmarketcap, I will not buy it. If I see the coin on coinmarketcap, I will still check the exchanges it is trading, I like to go for the ones with high trading volume, the trading volume is listed also along. But I have now prefer to just go for high marketcap coins, if a coin is not among the first 100 cryptocurrencies, I do not deal with the coin.
Low market cap coin has no future in long term as most of the big analyst says only the cryptocurrency which have highest rank on coinmarketcap can have bright future. so that's the reason why old players in the market never believe on low cap altcoins but they believe on big cryptocurrency like bitcoin Ethereum litecoin etc.
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Well to be specific, you can use CMC for finding out where does a certain coin get traded. I am gonna admit that first time I was dumbfounded on how many coins offer opportunity for me to buy at back in the days, but I don't know where to buy them as well. The live chart gave me convenience, but somehow it was kind of slow in my phone.
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.This coin tracking tool such as coinmarketcap and coingecko is a very good tool to acquire infor about the project because it was listed there but you can use some tracking app dedicated to track those new and hot project in the market so that you can assure that there will price demand in the future. Here are some tracking tools that might help you:
Token with Upcoming event - https://coinmarketcal.com/en/
Gaming NFT with P2E - https://playtoearn.net/blockchaingames
Dapps - https://dappradar.com/
News Aggregator - https://cryptopanic.com/
This is the basic way to search those coins since if we found out something strange that well provably we will be save from being a victim of those low cap coins and also maybe also check the certain activity happening since this is one of the indicator that we are going into the bad project or a good one. But maybe for security its better to avoid and stay to the top alts since they are far better than any old but not having a good volume or new coins.
We must regularly review the volume on coinmarketcap because the movement of new coins is very extreme and not easy to predict, I also strongly agree for high capitalization it is better to have an alt up because price movements are more stable and not rugpull like new shitcoins that have been scattered. 
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.This is the basic way to search those coins since if we found out something strange that well provably we will be save from being a victim of those low cap coins and also maybe also check the certain activity happening since this is one of the indicator that we are going into the bad project or a good one. But maybe for security its better to avoid and stay to the top alts since they are far better than any old but not having a good volume or new coins.
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. 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.
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.
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. Yuitcoin may be the safest asset to invest in, but not the best in terms of profitability.
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.
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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".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.
Yuitcoin may be the safest asset to invest in, but not the best in terms of profitability.
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.
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.
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.
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.
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. 
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.
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.
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'. Jump to: