Topic: Less price = more profit? - page 15. (Read 23485 times)
when you look on coin price, you should also look on total quantity, and quantity in circulation, since those are important parts of market capitalisation, and market capitalisation shall be equal to project worth, it is not just price per coin, because you have 17 million BTC, but 111 million ETH, so it is expected that ETH has at least ten times lower value per coin
Yes it is and this only means on thing: the lesser the price the more returns it can give within a short time frame but costly coins are hard to get massive gains from except Btc.
You are thinking what i am thinking buddy. I wonder why people rush after only established and so called great coins. There are a lot of coins that have much potentiality to grow and much more for offer. Lets talk about thorecoin which skyrocketed in a short span of time. It was just around $0.32 no less than two months ago. See its price now. It was undervalued until the moment when it was struggling around $0.32. But now it has become a treasure for all and it is attracting as much as traders. So lets invest in undervalued coins and make huge profit.
yeah, i'm also watching him now. It looks like Tron will grow very well and i was lucky to have bought it a few when Tron was still quite cheap.
for now all altcoin assets will increase, this becomes reasonable for conditions where bitcoin has a strong position. because the increase and decline that occur cannot be avoided, but the condition of prices that remain stable and strong is a sign of the arrival of the bull market.
Ofcourse yes it is right that the less price = more profit because this time the situation is same that the market is down and the rates of all coins are low and this time if you purchase the coin and sell coin after the market is up you will get the more profit.
Less price is more profit if you intend to invest for the future or making a lobg term investment, because you would buy less cost coin in the market and then trade or sell it in a profitable market even for a year or two just to benefit and earn much more in a long term investment.
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
depending on the coin you will choose, some of the cheap coins can sometimes be the right choice. it will make us get a lot of profit if the price grows well.
but if we buy the wrong coin, then it might make us lose.
I have also been keeping a close eye on tron, it seems to finally come away from 0.01 so anyone who bought at this price have now doubled their money ....
yeah, i'm also watching him now. It looks like Tron will grow very well and i was lucky to have bought it a few when Tron was still quite cheap. I agree with you completely. the TRX is very cheap but it has a very large capitalization. there are also coins that are much more expensive but capitalization is small.
I have also been keeping a close eye on tron, it seems to finally come away from 0.01 so anyone who bought at this price have now doubled their money ....
There is one thing I strongly belief in to never give up while there is life in something I am part of. Although there are great dips going on but that shouldn't let you quit so soon. There is time for everything, season to smile and season to frown.
Actually it's possible but with the situation of the market now, it is unlikely to make more profit out of it, it still depends on the coin supply and demand
Prices just represent the value of the crypto coin at a particular moment in time. A crypto coin with less price does not really necessary mean it has the potential of making you more profits. It is very possible that the price of the coin can further drop in value. If you want to invest and make profits, forget about the price and just research on trends of the crypto market.
Must be smart to choose coins that are cheaper because there are many cheap coins that end up scam or delisted, indeed it will be very profitable when the price rises rapidly
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
It is good to buy at a less price
But it could become less price = delisted
Unless you are able to dyor and get the right projects to invest upon
Remember dyor then avoid fud and fomo
Cheaper coins can give you a higher profit when the price rises very high. It also has an advantage such that, if it turns out to be a shit coin, you will not lose so much money that you invested in that coin.
Most times in buying and holding of coins, i prefer coins less than a dollar. Most often their profit margin of those coin is higher than all those established coin. Currently i am investigating some coins less than a cent.
I would definitely be encouraged to buy cheap altcoins but be careful which ones to buy.
Being cheap does not necessarily mean it will give you more profits in the future.
Make sure you do not ignore other important factors (fundamentals).
That is why i have chosen investing in XLM because this coin is hitting big time in the market.It is a potential coin that can compete with Bitcoin cash and ETH for some few months to come. Being cheap does not necessarily mean it will give you more profits in the future.
Make sure you do not ignore other important factors (fundamentals).
It does not mean that this coin is going to multiple its price, because everything depends on their development level and the quality of their management decisions. I would rather invest in BTC than in an altcoin that costs 0,0000001 USD without any perspective.
It takes time and you are right it is wrong to expect very high profit at single try, as much as I know investors will have to wait after investing once, because it takes time for market to recover, BTC is the best altcoins, I have ever seen and I don’t consider it as lose if I have to wait for it, I know it is promising one so waiting does not matter for me.
It all depends on the coin in which you plan to invest and how long you are willing to wait to make a profit. This is very important in investing.
Guess what people who bought Bitcoin at 4100 yesterday must be feeling when the 2019 high was hit at 5050? Can you ever imagine getting over 20% profit in just a few hours? Possible with altcoins they say, but at what volumes, and for how often? You could sell millions of BTC at the price and market would not break. Try selling 100k altcoins and see what happens to the orderbooks;) Less price is not guarantee of more profit.
It does not mean that this coin is going to multiple its price, because everything depends on their development level and the quality of their management decisions. I would rather invest in BTC than in an altcoin that costs 0,0000001 USD without any perspective.
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