Post
Topic
Board Altcoin Discussion
Re: High or Low Supply: Which do you prefer?
by
el kaka22
on 25/01/2019, 12:53:40 UTC
  When it comes to picking your altcoins, do you take into consideration coin supply?  And if so, do you prefer high or low supply coins?
Doesn't really matter to me. I care about the market cap not the supply. Also I care about what the supply is used for and controlled by. If there is a coin with low supply but the owner holds most of the coins and only allow small part of the world to own the rest that is always a risk right there for everyone involved.

On the other hand, bnb is controlled by binance and they are the biggest holder of bnb but I still trust bnb coin and use it and trade it. Which shows you the supply doesn't really matter and even who has what doesn't matter as well, what that coin represents is the key. If a coin is good its good, if a coin is bad its bad, there is really no way of knowing how it will turn out without letting it evolve and see how it unfolds.

Look at ripple for example, ripple owns most of the xrp coins and its as centralized as it gets and there is a bunch of it but they are still doing alright.