Based on the prices on the cryptocurrency market, what coins are your choice to invest in?
Is buying the cheapest coins, can it be the right choice for now? Please share your opinions and suggestions.
Thank you very much.
I would like to know, why is the reason to choose the cheapest coin?
In my opinion, what decide the quality of a project/coin is not from it's price, it would be from the project or the usability of that coin itself.
When ever it has high demand and high usage, most likely that would be the sign of good coins.
You already gave some likely answers, but do you know that most believe that a coin with good potential and low price is likely going to give more profits in the future.
Why do you think traders usually bid low for a coin, most especially the good ones, despite its unique use case? It is because they know that buying low has the prospect of yielding good profit later in future. Take a look at BNB, while it was around $0.5 or less, compared to its present price. Whoever bought then and has it till now, is already a millionaire depending on the amount he has.