Topic: Less price = more profit? - page 20. (Read 23485 times)
I suggest you not leave the market, so I believe you will also get more profits by buying altcoins at low prices, and you can hold them back in the long run, so I also believe you will also get many benefits.
The price of any token does not represent its real value and the low token price does not guarantee that this token will show great perspectives in the future. Be careful with such tokens, because you can become a long term holder of a bad coin.
Buying tokens at a lower price doesn't necessarily mean huge profits. A great profit can be when you have chosen a good project with prospects and a reliable team committed to the development of the project to the fullest
This is true that if project is not worth than in future that coin would also not be really worth that much. So ideally one should stay invested in the best of the coins for a decent return and for those who can take some risk can invest in new ICO projects.
It is hard to correctly evaluate the projects. Who knows whether a project is worth 100 million or 500 million? Or 10 million or 100 million? If they have a business model and make a profit it is possible to use standard methods to calculate a value, but if you have a coin that only works as a medium of exchange like Monero, it's difficult to evaluate it.
Buying tokens at a lower price doesn't necessarily mean huge profits. A great profit can be when you have chosen a good project with prospects and a reliable team committed to the development of the project to the fullest
This is true that if project is not worth than in future that coin would also not be really worth that much. So ideally one should stay invested in the best of the coins for a decent return and for those who can take some risk can invest in new ICO projects.
I will better buy and invest when bitcoin or altcoin less price and lower, its will have many chance to get much profit and keep more investing on the next time, never buy or invest when raised higher price of some altcoin.
Buying at the dip is really profitable as you won't worried too much waiting for the value to rise high, unlike when the value already mooning yourchance to lose money is very high, if you can trace or assume what can be the bottom and you able to buy from that moment then you will surely be happy
when bull start to run strong and brings the value to the moon.
Buying tokens at a lower price doesn't necessarily mean huge profits. A great profit can be when you have chosen a good project with prospects and a reliable team committed to the development of the project to the fullest
This is true that if project is not worth than in future that coin would also not be really worth that much. So ideally one should stay invested in the best of the coins for a decent return and for those who can take some risk can invest in new ICO projects.
It's not completely true, there are so many altcoins that have less price and most of them are trash coins.
If i were you, i will not buy altcoins that have a low price like 0.001 dollar because the price will not go up. Even if it go up, it will take years.
If i were you, i will not buy altcoins that have a low price like 0.001 dollar because the price will not go up. Even if it go up, it will take years.
Personally, I buy tokens for new projects. First of all, I study the project team, the startup product is of great importance, you need to understand well what it is for and whether it will be necessary at all. Important value ideas if there is a value then the project will not die. My advice to you, carefully study the project before investing.
I would not do that, there is a risk that the coin abandoned in the future or delisting from exchanges or scam or etc.
It does not make sense to buy altcoins which cost less when 1$ - the main thing you should pay attention to is the project itself, not the price.
I will better buy and invest when bitcoin or altcoin less price and lower, its will have many chance to get much profit and keep more investing on the next time, never buy or invest when raised higher price of some altcoin.
The price of a coin does not really matter when you intend to buy a coin - no one could have bought Bitcoin because it has the highest price. What matters most is the ability of the coin recover quickly and rise to a significant percentage which will yield profit to its investors. Instead of going for small prices coins, I suggest OP do a research on each coin before buying them.
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?
Very cheap altcoins usually doesn't promising a good Return of Investment (ROI) for short time.
They will need some time to release their products, and recovering the price in the market.
Sometimes the cheap price is because they just listed their coin in some exchange.
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?
Very cheap altcoins usually doesn't promising a good Return of Investment (ROI) for short time.
They will need some time to release their products, and recovering the price in the market.
Sometimes the cheap price is because they just listed their coin in some exchange.
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?
I myself prefer to buy cheap coins for example Doge. Doge price of $ 0.002076. What I see is not the price, but the activity of the coin in each market. If the coin is an active exchange, then we can get a quick profit, and it's hard to fall.
Buying tokens at a lower price doesn't necessarily mean huge profits. A great profit can be when you have chosen a good project with prospects and a reliable team committed to the development of the project to the fullest
It is not at all necessary that your coins, which have relatively low prices, can later grow enough to justify the risk of investing in them.
The potential growth rate of the coin can cover the losses but timing is the main factor in this trading deal. There is also a possibility to get a double loss if less price doesn't have any connection with total market cap.
You look not at the present value of the coins as at how much they originally cost. If the initial price was $ 100, and then it fell less than $ 1, then of course you should not buy such a coin. Give an example, I am ready to discuss it with you.
Yes it is, but very important to take note of the coin you intend buying. Not all cheap altcoins are worth investing as many are just pump and dump coins with no value attached. Your utmost research is needed before investing.
Buy makes sense, but not everything. I think altcoins from the top 100 can be considered for purchase, but the rest of the cheap coins to buy risky, if only very selectively.
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