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Topic: Buy value and not price - page 7. (Read 1078 times)

sr. member
Activity: 854
Merit: 252
Betking.io - Best Bitcoin Casino
December 21, 2018, 09:53:13 AM
#10
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.
In fact, I see it as an advantage to get quality coins that have a good platform at a cheap price, because high-quality coins with good platform will increase the price again in the future.
jr. member
Activity: 462
Merit: 1
December 21, 2018, 09:17:33 AM
#9
Of course, this is exactly the mechanics of the market that attracts investors. Capital increase several times, on a good product. I think large investors get a lot from the market.
member
Activity: 555
Merit: 12
December 21, 2018, 09:16:48 AM
#8
I strongly agree with this phrase, buy value and not price. Many people follow the crowd to buy in when they thing a coin or token is cheap, especially those with very large total supply. We should buy because we've seen that the project is great, not because of cheap price. Some devs will still dump hard when they notice price spark, leading to a sharp dump. Let's be wise.
full member
Activity: 260
Merit: 104
December 21, 2018, 09:16:31 AM
#7
Buying something because it has a low price is a measure of value but not a very good one. There are much better ways to identify coins with potential to grow. I remember during the bubble last year that almost within a week all well known alt-coins under 100 Satoshi's pumped hugely, I assume as new money was trying to find projects that could be the next bitcoin in terms of growth. What they neglected to consider is marketcap and the underlying project.
member
Activity: 448
Merit: 10
December 21, 2018, 09:13:44 AM
#6
As a conclusion to what you've said, i think that some of what you have said are correct. And a wise investors should not buy cheap coins without further investigating about what he bought. It is nicer to buy potential coins that are good in future investments.
full member
Activity: 560
Merit: 101
December 21, 2018, 09:10:52 AM
#5
There are the so called hype coins. Where the coin only goes up for a while then it goes down really hard and does not recover. Some good speculators actually buy this coins at cheap price then dumps them right away at a high price and does not hold any longer. There is still a strategy behind this.
sr. member
Activity: 833
Merit: 267
December 21, 2018, 09:00:18 AM
#4
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.

A wise investor will not buy cheap coins just because it is cheap, they buy coin because of the platform and the support that they are getting from the community, only pump and dump group buy a cheap coin, because they will pump it in the future.

Obviously i agree on this. To be achieve good profit investor has to look on the quality and the platform on which the coin is built and how it is different from other coins and how it will achieve the expectation of people in the crypto market these are the few things to be verified before investing. cheap value coins will not going to give profit. Quality coin will give you profit and increase the price of coin if it is widely accepted in the crypto market.
copper member
Activity: 479
Merit: 11
December 21, 2018, 08:54:01 AM
#3
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.

A wise investor will not buy cheap coins just because it is cheap, they buy coin because of the platform and the support that they are getting from the community, only pump and dump group buy a cheap coin, because they will pump it in the future.
jr. member
Activity: 784
Merit: 6
December 21, 2018, 08:44:41 AM
#2
Price can sometimes be very deceptive, most especially now that the market is moving uptrend. Since bitcoin is dominant over  most coins, even shit coins will also increase in dollar, but with time it will dump again. So it is better to go for a coin that has got good product, active team and a futuristic roadmap. Such coin can grow even if the price of bitcoin is not growing as supposed.
member
Activity: 798
Merit: 38
December 07, 2018, 04:59:47 PM
#1
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.
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