Topic: Be careful of low marketcap coins - page 2. (Read 497 times)

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.

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.

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.

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.

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.

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.

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.

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.

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.

The saying 'Alts were only created to steal your bitcoin' is becoming clearer and clearer. No matter how an alt increase in price, over time it'll lose value when compared to Bitcoin. I understand this first hand this year as I invested over 0.5 BTC in altcoin that if I was just to hold that Bitcoin I would had been better off then where I'm currently am. When looking at the dollar value of my investment, I did increase my initial capital but adding both the capital and profit combined still didn't reach my initial Bitcoin I had.

Alts be it high market capitalization or low market capitalization, aren't the best bet against the financial system, Bitcoin always is. Don't get carried by all the hype surrounding them. If you're picking interested in them just do it as a part of having fun with the market while you concentrate on accumulating Bitcoin. We'll always have as much altcoins as possible, that you missed cashing out on this particular trends, that doesn't mean you won't be able to short term profit from future ones.

Don't rush into following the crowd by buying worthless shit be it low or high market coins, they'll all end up the same. They'll all lose value in Satoshi, lets consider Ethereum as an example, irrespective of all the gains Ethereum has secured in the market, it's constantly losing value in Satoshi talk more if low market capitalization coins. Although they're they give the best ROI, still it's risky replacing your Bitcoin with them.

Yes, we have to be very careful about low market value tokens.

But sometimes this can become an attractive means: our tokens have great potential, and the current market value is very low. If you buy our tokens, there will be a big increase in the near future.

This post is not necessary, I used it as an example to explain that some newbies always think bitcoin is expensive, that it is not expensive, that only $10 worth of bitcoin can be bought. But I still disagree with you, even if bitcoin becomes $1000, so far you are holding the $10, the amount will only be worthless just like holding shitcoins, but did you think bitcoin will reduce and never reach all-time-high? This is not possible, there is more chance that the $10 bitcoin will only worth $20 or more one day when bitcoin price doubles or increase more than double. You can say it is not possible for shitcoins, but possible if bitcoin is the coin invested.

This is a pretty risky advice. I started by journey with altcoins exactly because I thought that Bitcoin is expensive. It was a mistake.
Although altcoins do have good moments now and then, they are less predictable than bitcoin. Even the big, established ones.
So my advice(*) is to buy bitcoin, even if it's 0.001 and afterwards, if you really want to, buy some alts too, just like you'd buy lottery tickets. Some may bring (sooner or later) jackpot, but most won't.

(*) For everybody, I said "my advice is to buy" and this needs clearing up: don't take my advice just like that, it's not a financial advice. Invest your money as you think it's better, don't just follow what random people say on the internet.

I don't know what you mean when you say that they will "drastically change"?
If someone earns a lot from them, then only if the development is excellent, the marketing is professional, and the idea is innovative and original. However, if something goes wrong, such a project may end up like hundreds or thousands of others, i.e. it will be forgotten and our money will be lost.

If they want to buy huge quantity then its expensive since the price is too high now. Actually it doesnt mattrr anyway. A fraction of bitcoin means you are sharing from its 21million limited supply which was decreased already due to loss accounts and forgotten keys.

The good thing here is bitcoin is the most influential coin and historically the best one out there. But we cant deny that low marketcap coins are more multiplier type than bitcoin. I myself flipping some of these lowcap coins and thats totally fine for me as lonh the project is good.

maybe thoose are shitcoin from bsc network, yesterday when safemoon and babydoge hype, but i usually buy new coin that have partnered with big project and offcourse with little research

If you ever try to buy $10 worth BTC you will end up with zero, not that the case would be different with shitcoins but example is wrong.

You better buy Bitcoin and aim for the long term. I don't disagree that Bitcoin is becoming expensive. That is true. However, despite that, at least we could still expect a lot of growth from it even with its rising price. Whereas, with an unpopular and low market cap altcoin, the possibility that it grows double or triple is dwarfed by the possibility that it would just die without proving anything. There's no need to provide proofs for this. It is a pattern already with shitcoins.  

It's obvious that the low market cap coins were most likely they are easy to manipulate just like pump and dump which means they are prone to this service, they are very risky to invest because it could create hype in just a matter of an hour if they like to pump this coin.

It's well said, even Bitcoin can be manipulated even if this is one of the highest market cap.  How much more are those altcoins that have a low market cap.
Having short research will save your money for possible losses, altcoins could potentially be a good investment but it's rare as of now and it's also good for the short term not in a long term.

Low market cap coins are high risk high gain assets. This area is either for seasoned traders with expendable coins to throw around, or for gambling addicts that can't control their temptations. There are actually a lot of good ones which deserve to be a lot higher but this is for the OGs and smart traders. Newbies should stay clear and stick to the top 50 coins in coingecko. The last thing you want is to see your portfolio drop 90% due to a rug pull or hack attack

Not only newbies but also experienced ones are into these low market cap coins. Eventually, if there's a common guy that hypes these low cap coins, everyone is going to rush purchasing it and leaving themselves behind as those early buyers will take the profits and leaving them with no more hope. That is why some who have made profit on those keeps going with it because they know when to enter and exit but just as the usual, nothing beats investing to bitcoin.