Post
Topic
Board Altcoin Discussion
Re: Less price = more profit?
by
NikkiS
on 27/12/2018, 20:23:20 UTC
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?

The price is not an indicator, better look onto trading volume. Always remember that if you buy a lot of low-liquidity shitcoins you will not be able to sell it without a dumping this in the future.
Also look onto circulation/total supply and tokens lock-up periods for team, private/pre-sale investors etc. and of course do your research about technology, use cases, team, advisors etc.
I think you need to buy promising and potential coins, if you believe in the future of coins, you can buy them cheaper or more expensive! The main thing to see prospects.