Quote from: daxiake on April 21, 2018, 05:33:20 AM

Quote from: jerry0 on September 30, 2017, 08:27:21 PM

Does anyone here have an opinion of altoins that are under $1 that are worth investing? Because the lower it is, the more X amount you can.

For example if a coin is 10 cents and say you buy 10000 of them, thats 1000 USD. If this coin goes up to 1 dollar, that is 10x your money or 10000. Now if it goes up to 10 dollars, that would be 100x.

Buying something based only on its price is not a good investment strategy at all. This is mistake committed in Equity Market by new investors, when they start accumulating scrips of cheap price and these cheap price scrips rarely rise. As already mentioned in this post by few members, focus on market cap along with total coins in circulation before you invest in any coin.

Exactly, most people are predicting on the basis of their prices and it is completely wrong because based on their volumes and complete market caps we have to consider. While investing we have to check their previous prices in order to buy them at the low price.