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Topic: Is worth buying coins under $1? - page 34. (Read 3977 times)

sr. member
Activity: 1036
Merit: 273
May 16, 2018, 03:27:02 PM
#73
Deicde if it will potentially grow. It os actually depends you  that I like to call it a kind of a gamble because you do not actually knw if the coin will increase or not increase making a bet to see which will grow and that happend to us right now. Also come to think about it because Iam talking about a kind of trading that it ia a gamble making a bet on one coin making a decision if it will go high or low like if you have it and that could help now but yeah trying to bet if it will rise in the future.
sr. member
Activity: 770
Merit: 258
The Standart Protocol - Solving Inflation
May 16, 2018, 01:36:33 PM
#72
Coin und3r $1 is worth buying but you need to consider token matrix which is supply and coin in circullation and you need to see coinmarketcap and possibility of that project can goes in coinmarketcap. Example : if coin total supply is under 100 million and the price is under $1 and when you did dip research the project can goes to top 100 in cmc which mean arround $150 million in marketcap its mean the token / coin is very under price.
sr. member
Activity: 1313
Merit: 302
May 16, 2018, 01:35:44 PM
#71
We must check the White paper of the project and the developing team.If this two are good, you can inverse in that altcoin. Eventhrough it's value lesser than1$.In Cryptocurrency trading, the value is not a sense to inverse. You have to check the potential of investing coins.
newbie
Activity: 179
Merit: 0
May 16, 2018, 01:12:06 PM
#70
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

Now lad, this could be the good time to take an in-depth observation in the TA. What coins are you exactly planning to invest at? It better be not another shitcoin.

Ranks of the coin isn't a proper indicator that you're investing at a good coin but the aim of the coin itself and its legitimacy. The legitimacy of the coin is quite complex to know and you might still end up in a "pump and dump" coin that won't be so good to invest at.  Determining the potential of the coin won't be that hard to look into if you're just taking time to observe it.

- Look for a counter-coin for it. This is cryptocurrency, there are different and quite similar coins out there. You never know that there could be the same coin as the coin you're investing at. Take time to look for alternative coin for it.

-Price movement in the TA. Not the just the ups are what you're gonna look into at. Consider also the dumps/downs happening in that coin. If you already know that the coin recently went too far up in its early stage, it could be a good coin to buy in large quantities.

-Activity of the tradings. You are a trader, presumably asking for questions in Trading Discussion. You know that you're gonna buy and sell, therefore you're gonna need a buyer and seller. If you know trades aren't active that much in the different exchange sites that supports your coin, then better quit it before it digs down even deeper in price.


Thanks a lot for such reasonable and comprehensive opinion. Indeed a person should investigate various factors, market situation and trends before buying anything. especially when some coins can be simply pumped. 
newbie
Activity: 179
Merit: 0
May 16, 2018, 12:24:50 PM
#69
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
I usually invest in currencies under $ 1 and usually do not invest in high-priced currencies. Because the currencies are high, the price difference when the fluctuation occurs is very low => not profitable.
The $ 1 $ altcoins will fluctuate more and it will bring a lot of profit.


Thanks for sharing your view. Yes, the market can be extremely volatile and it's not pleasant to loose much during such periods (if to talk about high-prices coins)
sr. member
Activity: 672
Merit: 251
May 16, 2018, 12:12:09 PM
#68
Yes it is. Coins under 1 usd are the best coins there is for all of us. Imagine if you bought tons of it when it was under .01 usd. And it turned out to be 1 to 3 usd? Best investment there is. Try doing that. It is one of the best trick in crypto.
full member
Activity: 546
Merit: 100
May 16, 2018, 12:07:59 PM
#67
I surely don't pick my coins using the price as a factor for sure, as its the market cap that decides the return potential of a coin and not its price. Many people make the mistake of buying a coin based on its price but what they don't think about is that a coin with a large coin supply and a large market cap isn't going to pump as much as a coin with small market cap and low coin supply.
legendary
Activity: 2898
Merit: 1006
Leading Crypto Sports Betting & Casino Platform
May 16, 2018, 12:05:54 PM
#66
there is no exact situations in cryptocurrencies even if you buy the coins with expensive price but there is no guarantee the price of those coins will always high or increase and i think buy coins with the price $1 or under that price still worth but indeed we have to more carefully about that and i personally if i want to decide buy cheap coin then i only pick the coins which have good position at coinmarketcap and high of communities of support
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
May 16, 2018, 11:56:42 AM
#65
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
I decided to invest depending on its project and the team behind on it because whatever the price of the coin it is, if the project and team is a good one it will always help this coin to climb up in the future. We only need to be patience and support this coin so that we didn't missed any opportunity that we may possibly earned even, it is a less than 1$ coin it will also have a big possibility to a high demand in the market and we can earn a huge profit just hold it in the future.

That's absolutely true about patience. Indeed it's almost impossible for a token climb up to the moon just in one day - it needs some time. And it's good when a project has the supporters that understand that and don't try to sell their tokens immediately
Yes he is correct the price is not a matter only it is about quality of the project but the early stages of any crypto currency is hard sometimes even good project with better team also failed in the history so in my opinion it is hard to predict the success of any project at the early stage but if that someone have enough patience then he will make huge profits if the price go to moon.
newbie
Activity: 179
Merit: 0
May 16, 2018, 11:42:13 AM
#64
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
I decided to invest depending on its project and the team behind on it because whatever the price of the coin it is, if the project and team is a good one it will always help this coin to climb up in the future. We only need to be patience and support this coin so that we didn't missed any opportunity that we may possibly earned even, it is a less than 1$ coin it will also have a big possibility to a high demand in the market and we can earn a huge profit just hold it in the future.


That's absolutely true about patience. Indeed it's almost impossible for a token climb up to the moon just in one day - it needs some time. And it's good when a project has the supporters that understand that and don't try to sell their tokens immediately
sr. member
Activity: 1596
Merit: 335
May 16, 2018, 11:32:54 AM
#63
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

It is risky but worth it if the project fully blooms and it becomes fully developed. Some projects even partners with big companies after a successful project or product development. Some altcoins that are under 1$ value even grow up to 10x or even 100x in the long run.
jr. member
Activity: 420
Merit: 1
May 16, 2018, 11:13:39 AM
#62
If you are limited by money, then you should buy coins whose price is below $ 1. Preliminary it is necessary to study the white paper of the project.
legendary
Activity: 3346
Merit: 1134
Leading Crypto Sports Betting & Casino Platform
May 16, 2018, 11:12:12 AM
#61
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

There are tokens that are worth the risk even if they are low in price for starters.
PundiX is one and I have really made some good money already out of it. Their product is somehow unique and will really help boost the crypto industry.
Qtum already signed to be added in their device and more will come.

As of now it is fluctuating at a range of .01 - .009 USD and the ATH is like .15 which really made a lot of money for those who sold at it. Starting price was like .001 USD
I am still holding a lot and will expect it to grow at a booming $1 each.  Grin
legendary
Activity: 3752
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
May 16, 2018, 10:41:46 AM
#60
if a coin has a high potential it is very feasible and if you have a large capital and buy lots of coins at the price of $ 1 it might be profitable
The question OP should be asking himself, or any other person in his shoes is that, if he is to invest in a company right now, probably to be able to have a huge stake in it, what is he going to be looking at? The percentage of the stake or the fact that the company can actually deliver in the long run for a pretty huge profit.

Many people today in the cryptocurrency world are looking for less than a dollar coin just because they want to get rich overnight and all they are doing is gambling their way through investment which the outcome most of the time can be horrific unless that individual is just lucky.
newbie
Activity: 21
Merit: 0
May 16, 2018, 08:55:03 AM
#59
Hi guys

I'm looking to invest in a coin that is valued at less than $1. How do  you judge which coins worth below a $1 are worth investing in? Such as Tronix which is in the Top 10 but is still valued at less than a $1

Thanks in advance
newbie
Activity: 364
Merit: 0
May 16, 2018, 08:39:55 AM
#58
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?

First, you will need to analyze the project, read the roadmap, analyze the project team, and find out if the project already has a finished product or not
newbie
Activity: 210
Merit: 0
May 16, 2018, 08:18:25 AM
#57
Price does not necessarily mean the coin will be profitable, they are many coin below $1 that you can profit more from compare to some coin above $1. The important thing is to do your home work before investing.
newbie
Activity: 28
Merit: 0
May 16, 2018, 08:13:46 AM
#56
I just came to know the once bitcoin was under 1$ , so every other coin has possibility to grow fast.
What is funny is that a lot of these people see the low price, and think that there is an opportunity to more than double their money overnight. They don't understand that % is what is important, not price points. For this reason, I believe that we will see almost every sub $1.00 coin skyrocket to a certain point, and then correct hard. FOMO is strong at the moment, but the risks are sky high with a lot of these coins.
full member
Activity: 378
Merit: 101
May 16, 2018, 08:02:14 AM
#55
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
It doesn't matter whether it is a sat coin or an expensive crypto more than $1, the right way to deal with this was to identify the scam, useless pump only coins, right timing to enter your capital, diversification to maximize the profit and the potential of the specific token/coin, beware of fuds, greediness and traps as you may encounter them most especially on the newly emerging coins to profit from crashing commonly if that coin has the potential to moon in the future.
member
Activity: 308
Merit: 17
May 16, 2018, 07:23:17 AM
#54
What's your opinion on buying new emerging coins that are not yet on top and cost less than 1 dollar?
How do you decide whether they have potential to grow or not?
the basic principle of investment is to buy when the price is low and hold for a long time until the highest price. but the question is whether the new coin type will have a pretty good potential in the future. and this is a very important question to hold on to investors who will hold new coins for the long term. I think the thing to note is the observation and detailed study of coins and if based on research and get the conclusion that the coin has a good potential in the future then it is the right choice.
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