Quote from: freebutcaged on December 20, 2016, 12:07:47 AM

Quote from: Anapple on December 19, 2016, 06:26:38 PM

Hi!

I was sure that there was a thread about "Best altcoins under 1 million marketcap" before, but I cannot find it anywhere! Does someone have a link? If not, post your thoughts here

I will try to remember what was posted in the previous thread that got my attention and post them here also.

Do you know how marketcap calculates the coins's total capital? if a coin has 10M supply then they take an average price in at least from 5 different exchanges and multiply the price into those 10M but never actually give you the true statistics, if $1 per coin then they show total capital $10M but in reality if you try to sell 50K of said coin for $1 price you'll end up at $0.1 price for that coin and a total capital of $1M.
Best way to know which coins are worth the try is to check their buy support because only buy support is what matters.

Yes, I know how marketcap is calculated and that the liquidity especially in low marketcap coins is practically non-existent. I am maybe looking for projects that have good ideas and promising teams to invest in for the long run.

Quote from: legdunes on December 20, 2016, 01:44:53 AM

Be careful with these coins with little marketcap, they are like that for a reason and only luck with get you on to a winner, no skill involved.

If you invest in these small "shitcoins" you will definitely get burned if you are not super careful.

Anapple

Posts

Merits