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Topic: Less price = more profit? - page 31. (Read 23493 times)

full member
Activity: 426
Merit: 100
March 01, 2019, 05:40:10 PM
No, it's depends on the project. Some projects offer their coins for a low price but after it it will go to scam or the price will not goes up.

It is worth paying attention to the nuances, for example, to take WPP, which has not yet officially entered the exchange, now the price is very low, but if at the end of March there is a listing on the exchange, it will probably go up, and if the company can realize its idea and in a couple of years the price will grow up to $1, then you can get rich if you keep tokens for a long period.
full member
Activity: 640
Merit: 100
March 01, 2019, 05:36:44 PM
we have to have a good strategy when the coins in the market are experiencing a deep price decline in order to be able to make a profit, when the coin price drops collecting more coins at cheap prices I think that makes sense so we will be able to get more our portfolio value will not drop too low. rather than selling it will only get substantial losses and other best solutions to survive when prices are falling.
full member
Activity: 630
Merit: 101
March 01, 2019, 05:11:51 PM
I think that the higher the price, the higher the possible profit. If you have a certain amount of coins that are expensive, then the prices of these coins will give you even more profit. When the price of Bitcoin was high and increased. That price in one day could grow by 1000 dollars and more.
sr. member
Activity: 728
Merit: 253
A Blockchain Mobile Operator With Token Rewards
March 01, 2019, 05:10:13 PM
You make a mistake when you look only at the price of altcoins. You have to look at the capitalization of the project. Coins can be very cheap, and capitalization can be several billion dollars (for example Stellar, XRP, TRX,). These coins will never cost a few hundred dollars.
sr. member
Activity: 952
Merit: 253
March 01, 2019, 05:01:39 PM
No, it's depends on the project. Some projects offer their coins for a low price but after it it will go to scam or the price will not goes up.
Project definitley is a real factor also low price will be worthless to attract or to make it pumping if the total supply is too much.
Most of the coin that could normally grow are around $1 range so i think that is the best
copper member
Activity: 490
Merit: 7
March 01, 2019, 04:59:47 PM
No, it's depends on the project. Some projects offer their coins for a low price but after it it will go to scam or the price will not goes up.
legendary
Activity: 2450
Merit: 1047
March 01, 2019, 04:49:20 PM
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?

No, it's still the project, platform and of course, it's value in the market that matters, the price is just an indication and sometimes whales are playing the price of coins, so don't just rely on coins and rely on the important factors that makes the project a legit one.
jr. member
Activity: 263
Merit: 1
March 01, 2019, 04:37:37 PM
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?
Well, not all coins can grow as well as bitcoin , I think you do not need to buy all the coins that are below $ 1, it is better to choose good coins with a good team and product and invest in them !
sr. member
Activity: 798
Merit: 251
March 01, 2019, 04:21:26 PM
I think it all depends on the growth of Crypto's capitalization. If we are faced with 2017, of course, we can make a lot of money by buying coins under $ 1. But for now, it's very difficult to make a profit. But everything also depends on the potential of coins and you have to look for coins that have good quality.
member
Activity: 199
Merit: 10
March 01, 2019, 04:15:31 PM
This condition may apply or not apply!
I think a reliable source is the total market cap of the project!
Because depending on the size in relation to successful projects, you have a growth margin without questioning.
But it's also something that is not applicable or applicable!
By understanding the economic issues and features of the project of interest,
You will be able to determine if the current price indicates inferiority in relation to its value.
jr. member
Activity: 210
Merit: 1
March 01, 2019, 03:47:27 PM
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?
A low price does not always mean that a coin or token is worthless. There are projects that attracted money through private investment and have support in the market.
full member
Activity: 784
Merit: 101
March 01, 2019, 03:45:39 PM
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?
You are wrong about buying very cheap altcoins, cheap is for example Ripple that costs 0.3$ but still it is bigger than Litecoin or Bcash. Probably you wanted to buy altcoins that have very low market cappitalization still could make 10-100x return.
member
Activity: 560
Merit: 16
March 01, 2019, 03:42:23 PM
I have never understood people who think that if a coin is worth less than a dollar, then it has more chances to grow in value than coins worth more than 1 dollar. This is similar to the statement: Car "A" is faster than car "B" because it is red  Grin
full member
Activity: 686
Merit: 131
March 01, 2019, 03:32:20 PM
One of the first mistakes that crypto investors make is that they target cheap coins.
Its understandable.  In your mind if you buy a coin for around .10 cents then if goes to $100 then that is crazy profit.

Unfortunately, the market doesn't work that way.
Maximum supply, circulating supply, and marketcap are very important.
If a coin costs .10 but there is a 100 billion circulating supply and 200 billion maximum (meaning they will be mined, created in the future)
then the potential value of that coin is very different from a different coin that costs:
.10 cents but has 1 million circulating supply and 10 million maximum supply.
You can use btc as the market standard or look for similar coins in the top 100.

If you want to know the true potential value than compare it's numbers to another coin in the top 100 and see how far it can go.
All of this can be looked up in coinmarketcap very easily.
full member
Activity: 714
Merit: 114
March 01, 2019, 03:29:38 PM
It is normal to buy cheap coins because they have more tendency to grow high and give more profit but you must make sure you are investing in good coin.

Yes your right cheap coins are more prone to instant growth but the growth is not really that huge but if you buy boat loads of them ( e.g millions ) i believe you can experience to profit big but you must be cautious because they can lead to pump and dump schemes  .  id still stick on the establish ones because they are more legit and they can also pump but not more oftenly  .

In order to get a good profit from them, you will have to wait at least one or two years, with the condition that you choose the right project  .

Less valued coins can increase quickly and it wouldnt take year or two to see a real growth  . they can increase and pump in a matter of days because they can easily manipulatable due to their light characteristics  .  big coins are the ones that tend to grow slower
sr. member
Activity: 980
Merit: 253
March 01, 2019, 03:23:16 PM
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 all depends on the demand level of that coin. There are some coins that are above 1$ that do not even meet 5K trading volume daily. There are some that are below 1$ but have a daily volume of over $1M. So the choice is yours, do some research before going in for those coins because some may render you bankrupt.
member
Activity: 411
Merit: 10
March 01, 2019, 03:16:51 PM
Low prices with more profits are indeed very related, because when we buy at a low price, the tokens we get will be more. so that it will be a big advantage when prices recover

This case we can take an example with Dogecoin. Doge is a very cheap coin. Price 0.00000051 BTC. If you buy 1 BTC then you will get 1,960,784 Doge. If you sell at a price of 0.00000060, you will get a profit of 0.17411764 BTC.
The conclusion is, if you trade then don't focus on coins with high exchange rates. But focus on coins that have popularity, or cheap transaction fees.
jr. member
Activity: 378
Merit: 2
February 24, 2019, 06:46:38 PM
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?
You do not buy a coin just because it is cheap.
Carryout your research and ensure that it has some potentials, most especially by virtue of its product and active team.
Then study its historical data and growth pattern.
member
Activity: 280
Merit: 14
February 24, 2019, 12:57:00 PM
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?
Every one always want to maximise profit buy buying coin at a very low price and selling it high.
But realistically it doesn't always work that way.
You have to concentrate on buying a good coin rather than a cheap one
copper member
Activity: 490
Merit: 2
February 24, 2019, 12:54:49 PM
Not really, sometimes it can be risky also. Instead of that it is much better to buy the well developed coins when the market is low. So that once the market rises, a huge profit is waiting for you.
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