Post
Topic
Board Altcoin Discussion
Newbie and market caps
by
huffer2100
on 29/01/2018, 02:29:45 UTC
So trying to self-educate and I've been reading a lot on this forum for a couple weeks now but looking for some specific answers;

I have been trying to understand market cap and I get how to determine if a 100x increase is feasable or not but I'm confused where there are a lot of members who say hodl a certain coin for long-term gains and price is under 0.10 with a market cap of 1 billion - doesn't that mean it will be very hard to see a huge return though growth may not be out of the picture? If it's already at 1 billion, that doesn't mean it will reach the prices of BTC, correct? Sorry if I sound dumb, just trying to put information together to make sense of how to evaluate coins