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Topic: Most expensive cryptocurrencies on the market? - page 2. (Read 197 times)

copper member
Activity: 196
Merit: 1
The only thing that matters is the product behind this coin, but unfortunately the market does not follow such rules. The more hype, trading volume and supporters the project has, the better is the price of their coin.
member
Activity: 220
Merit: 10
https://streamies.io/
The prices of crypto wouldn't do much good if the coin itself is having difficulty to adapt with the changes in the market. Being popular is what makes people to buy crypto regardless of the prices. Popularity itself when maintained, can keep the coin existing and kicking in the market.
True. Even though BTC prices decreased tremendously, people are still buying and using it. I also don't think it is about the price of the coin, it be about the use of it.
Being the most expensive coin, doesn't always ring a bell for potential investor. Most investors look for the cheap coins that has a great potential to mature. And to mature, popularity of the coin plays an important role. There are a lot of ways to boost popularity like events that can catch people's attention. It is really exciting to participate in those events because the prizes are really cool and worth the time. Just like the investing tournament of Bitrus that has awesome prizes that awaits us.
legendary
Activity: 3038
Merit: 1169
Well two of the coin is not available in the Coinmarketcap right now there might be something that happens with it well I don't know, And I don't really know that something like this exists but even though these coins had the most expensive price they are not really well know nor popular It will surely need a little exposure, Or these coins are backing up by someone but it appears that bitcoin is still number one and it is still good to invest in cheap coins that can make you a percentage increase when the market progress.
member
Activity: 229
Merit: 10
If I think you have a new coin that I will not sell first because the price will still go down because it is still new if you want to wait until the price goes up and sell, but it takes a lot of time, be patient to get a huge profit when we get his opinion, but must accept the risk of wanting a profit or loss
member
Activity: 218
Merit: 10
The prices of crypto wouldn't do much good if the coin itself is having difficulty to adapt with the changes in the market. Being popular is what makes people to buy crypto regardless of the prices. Popularity itself when maintained, can keep the coin existing and kicking in the market.
True. Even though BTC prices decreased tremendously, people are still buying and using it. I also don't think it is about the price of the coin, it be about the use of it.
member
Activity: 220
Merit: 10
https://streamies.io/
The prices of crypto wouldn't do much good if the coin itself is having difficulty to adapt with the changes in the market. Being popular is what makes people to buy crypto regardless of the prices. Popularity itself when maintained, can keep the coin existing and kicking in the market.
jr. member
Activity: 365
Merit: 1
For me, the most valuable coins are bitcoin and ethereum. Despite their price they are much more valuable, stable and reliable to invest in rather then investing in some unknown coin which has no strong base.
legendary
Activity: 1288
Merit: 1036
First of all "most expensive coin" is never really important to people while they are investing. The smart people look at the market capital just like how they should and amateur ones try to go for the cheap coins because "it can go to 2 satoshi and profit them 100%" while in reality it can divide even more and create more coins which could drop the price even more.

So instead of looking for an answer to " do you care if it is the most expensive coin" which people clearly don't we can look at if people care if the price is little. Now, there is etheruem pairing and it gets more famous people started to even go for cheap coins that are paired with ethereum so they could profit more from cheap coins. However, in reality the only thing that matters is the marketcap and nothing else.
member
Activity: 166
Merit: 12
“The World's 1st Waste to Green Energy DLT Project
Hi folks,
this seems like a trivial thread but I was reading this today > https://steemit.com/cryptocurrency/@thecrytotrader/5-cryptocurrencies-which-are-more-expensive-then-bitcoin
this was published one year ago.
For example, the coin named 42-coin is by far the most expensive (at the time of the article it was above $50,000, right now it is still well above $15,000 per coin).

I know market capitalization matters much more than the actual price, but just curious, do you ever consider the actual price of the coin before buying? I mean what motivates people to buy these very expensive coins?

Any constructive opinion welcome.
There are many reasons why people are motivated to buy these expensive coins. But I guess these traders have developed their own trading strategy regarding buying and selling of these expensive coins. They have conducted researches from the news and few articles because if they buy these coins with no definite research, it will cause them a lot of money.

Many rumors will circulate but about its prices and these might want them to trade these coins with the fear of missing out. They have analyzed well that they dont give in to FOMO and FUD.  Also, they keep an evaluative perspective on the data provided on the news if it is validated, or might be a biased news.

An "emotional" trader will have no room for trading of expensive coins. Using their emotions on buying these expensive coins, rather their trading analyses will definitely cause them a lot of money. The bottomline here is that you should be a wise trader,
you need to get all the information you need and arm yourself before starting and diving into the market.
member
Activity: 322
Merit: 43
Hi folks,
this seems like a trivial thread but I was reading this today > https://steemit.com/cryptocurrency/@thecrytotrader/5-cryptocurrencies-which-are-more-expensive-then-bitcoin
this was published one year ago.
For example, the coin named 42-coin is by far the most expensive (at the time of the article it was above $50,000, right now it is still well above $15,000 per coin).

I know market capitalization matters much more than the actual price, but just curious, do you ever consider the actual price of the coin before buying? I mean what motivates people to buy these very expensive coins?

Any constructive opinion welcome.
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