Topic: Buy value and not price (Read 1076 times)
if you want to earn some good profits then you really need to look for the value of the coin and grab it when the price is cheap and if you are afraid on investing to new coins then just pick the top 10 to 30 on coinmarketcap because these coins have a big potential to grow in the future.
Our task is to find the valuable projects with idea, concept and long term vision behind. That could bring us potentially higher profit, than simply investing speculatively in the price.
I would say buying a valuable project plus a good price, which will be relatively stable is the BEST way to go after.. Because, in crypto we have a big volatility in price. Moreover, a strong project with useful product or ecosystem will be a good choice. Take the current Gigzi project, which has a valuable ecosystem backed by a strong price (relatively stable by precious metals, like Gold.) This is a good choice for investment.
Many have lost a lot to the crypto market because all they are doing is buying a coin because is very cheap and that after sometimes it will give them x100 but they fail,if you really want to make profit in crypto,you must learn to buy coin with value.
Buying a coin because it is cheap is not a wise thing to do, the reason being that you might not know what the lowest price could be. It is possible you buy and the price continues to fall. So instead of buying with the price in consideration, buy the value. A coin with value will have good products. A product that is needed by investors and those who would like to use it. Although, you might be fortunate to buy it at low price, which then increases your chances of having more profits.
very correct with what you explain ... that buying when cheap prices is not an appropriate step to be done by investors or traders ... but many people do that, because they will predict that the coin will rise again ... even though the fact is that the coin price is falling even further than the previous purchase price ... so my advice is don't look at the cheap, but pay attention to its needs ...
You're right its best to focus on what projects can offer in terms of future potential such as usability, adoption or dividends if you're investing for the long term as these will likely increase in value as the market matures whereas a lot of others won't regardless of how cheap they are price wise
If you buy cryptocurrencies, then it is important for you to choose the right moment for this. Therefore, it is important to monitor the price and buy at the right moment.
Buying a coin because it is cheap is not a wise thing to do, the reason being that you might not know what the lowest price could be. It is possible you buy and the price continues to fall. So instead of buying with the price in consideration, buy the value. A coin with value will have good products. A product that is needed by investors and those who would like to use it. Although, you might be fortunate to buy it at low price, which then increases your chances of having more profits.
If there is an opportunity to buy a coin several hundred times cheaper than it usually bargains, then I would not miss this opportunity. Usually the price then rises at least a little and it gives you a chance to earn.
right what you say I really like your opinion.
I have also been trapped in a situation that you want to buy coins for which the price I think is cheap and hope to get the profits and coins that I bought earlier the price actually fell and continued to fall if I sold and it was the stupidest thing in my life .
and now I have more than 10 big coins in the coin market just to invest my money. .
It is not that cheaper price of Ethereum I think it will be high in no time because people are adopting it. In these days good to buy in large amounts the only coin that you surely know it all make money for you. Get your saving and buy bitcoin or ETH to store for long time. I have good confidence in these altcoin as it has high value. I have also been trapped in a situation that you want to buy coins for which the price I think is cheap and hope to get the profits and coins that I bought earlier the price actually fell and continued to fall if I sold and it was the stupidest thing in my life .
and now I have more than 10 big coins in the coin market just to invest my money. .
In this case people will be buying from top 10 crypto currencies only. People only know about the top crypto currencies like BTC, ETH, XRP, BCH and Tron. By value means total investment or rank in the coinmarketcap. In my opinion, value and price are directly related to each other. There is a directly proportional relation between price and value.
There are times that prices of coins are pumped without adequate volume, which is more reason such coins dump abruptly. So there are factors to consider before buying enough coin, even if there are opportunities in the crypto space, due to the low prices. As a matter of fact, you must be convinced about the genuineness of a coin before buying it.
Even while this might be so, as in buying value and not price, some have been fortunate to trade some cryptos just for the fact that we can make good profits from them which I believe is the whole essence of trading cryptos. Every investment is risky and we have to be prepared for that and even the so called Value cryptos have that same risk too and obviously, buying when the price is cheap is always the only way.
Buying a coin because it is cheap is not a wise thing to do, the reason being that you might not know what the lowest price could be. It is possible you buy and the price continues to fall. So instead of buying with the price in consideration, buy the value. A coin with value will have good products. A product that is needed by investors and those who would like to use it. Although, you might be fortunate to buy it at low price, which then increases your chances of having more profits.
I am happy at this post, when i read it, i was like 'at least someone is thinking like me', almost everyone attaches the total worth of a coin to its price and not its useabilty and application which is not fair i believe. so thanks for thinking this way, i believe blockchain tech needs people who think like us
sometimes investors buy coins not because the price is cheap but because of the good project, I also bought the same coin when the price was good but not only because of that but I bought a coin because the price was down and because the project was good if you only see the price and don't see the project it's a fatal mistake.
In my opinion, your views on this case are interesting to discuss. Buying when cheap prices can be a good thing, because it will get a good profit if the price chart increases in the market. However, for certainty that prices will rise or even drop after buying at a low price, I think that has become a law in business.
I think it should be understandable for everybody that you should invest in perspective coins and not just to get the best profit and to sell them. This is the only way of how to earn real money in the crypto currencies market.
I think it's common knowledge that we will look into the price first if we can afford to invest before we will check their value. Yeah it can be valuable in the future but the current price is much cheaper and it takes time to recover their price. The price and their value will depend with the supply and demand of the market.
Buying a coin because it is cheap is not a wise thing to do, the reason being that you might not know what the lowest price could be. It is possible you buy and the price continues to fall. So instead of buying with the price in consideration, buy the value. A coin with value will have good products. A product that is needed by investors and those who would like to use it. Although, you might be fortunate to buy it at low price, which then increases your chances of having more profits.
Mostly investors just look at the price when give decision to buy or not, some of them don't even know that coin is used for what. Actually ,when more and more application of crypto and blockchain are used in real life, people really realize the true value behind each coins
In cryptocurrency, buying top listed coin in coinmarketcap cheap is a rare opportunity that must not be missed. The interesting thing however in the market is that once and again, market create opportunities to buy cheap quality coin!
of course, many surprises can occur if coins have potential at low prices. we all know there are some new ico coins that suddenly become a trend quickly. whereas before it didn't become anything in the crypto market. we have to be able to find potential coins like that. Buying a coin because it is cheap is not a wise thing to do, the reason being that you might not know what the lowest price could be. It is possible you buy and the price continues to fall. So instead of buying with the price in consideration, buy the value. A coin with value will have good products. A product that is needed by investors and those who would like to use it. Although, you might be fortunate to buy it at low price, which then increases your chances of having more profits.
I think you can also check the value if the that specific coin is running for so long now and always have development and progress because it means that the dev and team behind it is still active. Hodl if the price goes down because it will definitely pump soon. Jump to: