Post
Topic
Board Speculation (Altcoins)
Re: Coins with price lower price has more chances to moon?
by
JCO05
on 01/09/2018, 21:27:50 UTC
I always thought that initial coin price is not important, because there is no difference between buying 1000 coins at $0.001 or 0.001 coin at $1000. Buy most of my friends who are newbie in crypto prefer buying low cost coins ("BTC is already $15000 but Rillple is still cheap").
Maybe that means that new people coming to crypto would prefer new altcoins (especially altcoins with lower price and more total supply) rather then BTC, ETH and other > 1000$ coins?
Also with cheaper coins it's simply easier to calculate whey purchasing something with crypto. I'm sure everyone is using calculators while trading on BTC/* pairs))
I don't thiNk so. It does depend on the coin itself since consistency is lacking when it comes on cryptos because things are way unpredictable. In my opinion, I determine which one would be bigger in the future by checking the market cap and popularity. If a coin is popular and is having a low market cap, demand will be high and obviousoy, same thing would happen to thr market price.