Post
Topic
Board Speculation (Altcoins)
Re: Low cap altcoins best for rising price?
by
Nazmul012
on 24/05/2024, 22:48:49 UTC
Are you collecting low cap altcoins for the bull market? It sounds like you think low cap altcoins can easily make 100x profits. I don't think so and even if the supply of a good quality project is high then you will get good profit there. Many new investors tend to follow supply more. You should know that there are many low cap altcoins that can't even sail the market in bull seas.
I expect a bull market to start soon. I'm not currently stocking up on low cap altcoins in preparation for a bull market. If I were to invest in low cap altcoins for some reason I don't think I would be lucky enough to take home a 100x profit on the coin. While we constantly hear that altcoins are going down in value, many people lose interest when they hear the names of new projects. I must be careful in investing in altcoins and I don't want to get involved in the coins which are high risk, I would however prefer to invest in top altcoins like ETH, BNB, because from here I can expect three to four times.