Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Topic started by: pokxon on August 10, 2018, 11:37:46 AM
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Some days I regularly watch the price of the coin on the top and the price of the coin is not much interested at just 0.00000001 ETH. The strange thing here is that the prices of the top coin drops incredibly, but the price of cheap coins can pump magic. I find that many coins have increased three to ten times their value a month ago.
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Yeah its true as long as the liquidity is there, they can be a safe hedge too.. look at holo for example...you get locked in between big buy and sell walls and can hedge.. it even went up in the last crash.. its crazy that people love something thats lower sat price so much that it can actually be bullish in turbulent times (no matter how good or bad the coin actually is)
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As the poster above said, liquidity is the key with these low value coins, otherwise you risk getting stuck in them for far too long. Definitely potential for money to be made, as they can jump (or fall) in a very short space of time. Most of them are still garbage though, so be very careful and thorough when researching which ones you (potentially) choose to invest in.
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Some days I regularly watch the price of the coin on the top and the price of the coin is not much interested at just 0.00000001 ETH. The strange thing here is that the prices of the top coin drops incredibly, but the price of cheap coins can pump magic. I find that many coins have increased three to ten times their value a month ago.
Actually this is mostly what will happened because the very cheap coins can attract some investors to buy it because they can purchase a lot of it with less capital and stored it for months or years. Then they are fortunate during bullish trend to get more profit from it.
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Low liquid coins with low capitalization are very often artificially inflated and discarded.In fact, it is manipulation.Top coins in the reflect the current situation in the market and there is nothing to be surprised.
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Some days I regularly watch the price of the coin on the top and the price of the coin is not much interested at just 0.00000001 ETH. The strange thing here is that the prices of the top coin drops incredibly, but the price of cheap coins can pump magic. I find that many coins have increased three to ten times their value a month ago.
There is a higher chance that cheap coins would go up. These are coins with low market cap. Many made a lot of fortune from investing in low market cap coins.
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Altcoin is being noticed because it has decreased. Many people think of investing in an altcoin and want to make a profit from it. In the long run there are many altcoins that can be bought and are very potential. I use this moment to buy Bitcoin Cash, Etherum and Waves.
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Have top coins a huge capitalization and large investors which their hold. You have to have a huge investment to try to collapse or increase the value....for coins with low capitalization and liquidity, things are different. One person can raise or bring down the price and it is sad.
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I know the reason why cheap coins are pumped. Because many people use bear markets to buy these cheap coins and hope that these coins will benefit after a few months of arrest.
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Altcoin is the best place to double your bitcoin, if you invested at 2017 8)
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Soon, we will see there is many low coin price will get a pump so get prepared. I think they want to make a profit first from the cheap coin before they can make a lot of profit for the increasing of the bitcoin price and the other expensive coins. And perhaps, this will go to happen in the next month, and the bitcoin price will increase slowly. And after many of the cheap coin price increase, then it is the time for bitcoin to get increase and I hope the increase will very high so we can make a double profit.