Post
Topic
Board Altcoin Discussion
Re: My hidden gem.
by
Veidt
on 31/07/2020, 13:08:23 UTC
price on $1,75 now , personally i am not buying token above $1 in my opinion its still have high risk . i would buy on gem which is have price around $0,0xx  it will have big profit potency and also low risk if project fail.
But it will difficult to find the coin or token in that price,

Yeah, should've look at the overall marketcap. If you have a $1 coin with 1 million supply it has more room to grow than a $0.01 with 55 billion supply. Take a look at bitcoin, it was priced $14 at one point and now it is worth more than $1k, one factor that contributed to that is the limited supply.
You are a bit overestimate coin with the limited supply. They ain't the hot and big thing like they used to be where they usually use Bitcoin's limited supply to make a sale pitch for their coin. Real use cases and daily using in transactions are far more important. You can't justify a high price for a limited supply coin if it wasn't in use or have a good use case. I don't see OP's coin at this level yet or have a chance to become like that so no, not a hidden gem for me.

You dont see the coin have a good use case?? The product is already out mate, it works better than any other of its kind, it uses the token as a means of payment towards hosts.. What I think is that you didnt even check the coin out but wrote your opinion about it anyway..

Low cap coins were never a hot thing, cheap coins were as the price of a coin is relative, and every coin with 1 million coins or a billion coins can have equal multipliers under the right conditions. The supply doesnt matter and doesnt make a coin "hot" lmao.

good explanation about this project. it needs more research and proper follow-up. its still worth to risk all things being equal. project should put more effort to get it known by many investors.

it is a three year old project, that had ATH in January 2018, and it was going down with the market after that, to reach values at 1% of ATH, which is close to call it over, but since then it is up 4x and i will investigate it a bit more, low marketcap and if there is development could provide good return

Every crypto project suffered in the past years, if you see the graphs they all follow the same pattern. Most coins reached way below their ico price.