People always get greedy and buy cheap coins, but I personally think people tend to go cheap because they are short on money. Newcomers to the cryptocurrency market find the platform intriguing, considering all coins to be one size fits all. They choose the cheapest with the mindset that they will not lose more money in the future. Most of the newbies buy cheap coins or tokens without realizing it. Cheap coins may bring you more profit but that cheap coin is one of thousands, of course you don't invest in thousands of coins. Even if the money is low, it is better to invest in the top coins for future profits, which are more guaranteed than cheap coins.
It is not the cheap price of those coins that attracts them, what attracts them is that if they see a coin that is worth just a fraction of a cent and they see the price of bitcoin that is so high, those newbies think that they will be able to make a fortune with just a few dollars, but those days are over for the most part as there is not enough people that are crazy enough to invest in those coins and propel the rise in the price they are awaiting for.