Topic: Less price = more profit? - page 32. (Read 23441 times)
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.
You will always make profits when buying when prices and cheap and selling when those are high. It is important to choose the coins to invest in very carefully and not just by their price. These all kind of coins should be avoided: the bottom ranked coins on coinmarketcap.com, the coins with very low trading volumes and the coins that trade on only one or two small exchanges.
Small price does not guarantee that this coin is going to achieve a better price. You need to invest time in researching project and if you are sure that this coin is legit and can make it to the top, then invest in such an altcoin.
You can be sure that not all altcoins are profitable. Some are just mere garbage and that us why you cannot find them on good exchanges.
Invest in coins with good working products, products that add value to life and can bring about sustainable development.
Some coins are truly very cheap and you will surely find some of those shitcoins at as low as 1 gwei. You just need to do what is right.
Invest in coins with good working products, products that add value to life and can bring about sustainable development.
Some coins are truly very cheap and you will surely find some of those shitcoins at as low as 1 gwei. You just need to do what is right.
Low prices doesn't really matter that much, you have to compare the ico price, historical price analysis and the all time high to determine if a coin or token is worth investing into.
If a crypto has a price of $1 and a market cap of 50milion, it is likely to make more profit that a similar token that cost $0.5 and a market cap of 100 million.
If a crypto has a price of $1 and a market cap of 50milion, it is likely to make more profit that a similar token that cost $0.5 and a market cap of 100 million.
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
Both risk and opportunity involve buying undervalued coins. If you buy established and reputed coins with strong team and technology, your investment more or less is secured and the investment will be in the long run. But the opportunity to buy coins below $ 1 is that they will rise dramatically in prices making you riches in a short term. So I want to suggest you that you should divide your investment in already established and reputed coins and coins below $ 1.
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 would not recommend you to take such risks, yet too weak market to invest in such weak coins, it is better to work with the top, until there is a better period for cryptocurrency
alts are so cheap its almost sad not to buy them. i have a few coins some few months some bought recently. like eos tix ada xtz. tix tho is a good coin for me personally (DYOR). they are moving forward even in the bear market because some projects stopped developing since all went down, plus been keeping an eye and there is someone accumulating a lot of it, so have a look. but yeah defo buy alts!
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?
hey man, i hope you reading this, it is not about the price , it is about the marketcap. go to coinmarketcap.com and see. And also, we need to be able to identify prokects that we wanna get involve. It is not that simple, we need strategy first before making any purchase so when things goes bad or right we know exactly what we are going to do. I will share to you mine, When the market goes red i aint gonna do anything to my coins, i leave them there, coz i can afford to loose all of them, but when the bull run starts, i have a certain level where to sell which is the upm or unsustainable parabolic move of the market cycle. i hope tihs helps.
Before buying altcoin make your own research first on which coins has the great future that can will bring a huge profit for its investors, so if you proven that those coins are good but the market is not good, that`s your turn to buy more and wait the price to multiply so that you can earn more.
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, it’s better to choose a few coins, then there will be more chances.
yeah, i always buy some altcoins that has price under $1. it always give me some profit so fast. so it's easy for me to get 2x profit of our investment in that altcoins. but it has a risk too. if the prices are drop, we can get some loss very fast too.
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
When you buy coins that cheap prices can be in good market conditions. But when the market is good and stable, coins can be very good and potential. Because of that cheap coins are not bad. The project and strategy and path of development of that project have potential.That's right, what we need to do is wait for that to happen, the market recovers and offers high prices for altcoin. Now just need to know that and buy a lot of cheap altcoin the fastest, because that time is happening
If you invest a certain amount of money, then you do not care how much each coin costs separately. Growth is a percentage of the original price. This percentage will be your income.
Less price, more profit, I doubt it
Although, price sometimes might be favorable with cool profit But very rare
Although, price sometimes might be favorable with cool profit But very rare
I think that cryptocurrencies that can show good growth should have a schedule that has the makings of growth. Also, the profit will depend on the success of the team.
It is advisable to buy at the lowest price, as such token has high potential for a growth unlike altcoin that is above $1, be strategic in your approach, Invest when you observe the following
1. When altcoin is lower than ICO price
2. consistency of the team, relative to there whitepaper
3. when the market cap is low, you can be sure of an increase in token price.
1. When altcoin is lower than ICO price
2. consistency of the team, relative to there whitepaper
3. when the market cap is low, you can be sure of an increase in token price.
Friends, does it make sense to take very cheap altcoins <$ 1? I think about buying, but I am interested in your opinion. Will they leave the market and exchanges, with such a strong fall?
Price is not the factor that can result in huge profits. Market cap is what's important. For example, Ripple is cheap but the market cap is huge so it means it has less room to grow. Though I believe there is some phycological effect which makes extra cheap coins rise regardless of their market cap.
If in deciding whether to invest, you are guided solely by the price of a coin, then you are making a very big mistake. The price of the token will never be an indication of the investment potential of the project. It doesn’t play any role at all, someone has suggested the wrong criteria to you.
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