Altcoins Talks - Cryptocurrency Forum

Learning & News => News related to Crypto => Topic started by: sirty143 on July 14, 2020, 06:55:45 AM

Title: Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed
Post by: sirty143 on July 14, 2020, 06:55:45 AM

Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed

(https://i.imgur.com/DrTlKu1l.jpg)

Many investors believe that buying the cheapest altcoins produces greater returns during rallies but is this true? See more for yourself here (https://cointelegraph.com/news/data-shows-the-cheaper-altcoins-make-higher-returns-myth-is-flawed).

Your opinion is greatly appreciated.

Title: Re: Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed
Post by: Senin on July 14, 2020, 07:08:03 PM

Not all projects are the same in terms of growth prospects. After the boom of new projects in 2017, the opportunity to collect millions of dollars attracted the attention of all kinds of fraudsters, and therefore a lot of useless coins and tokens appeared on the cryptocurrency market. However, the situation is changing and will constantly change. But today, cheap tokens really hardly bring any profit.

Title: Re: Data Shows the ‘Cheaper Altcoins Make Higher Returns’ Myth Is Flawed
Post by: Leonardo on July 15, 2020, 04:56:40 AM

Generally, I think ‘Cheaper Altcoins Make Higher Returns’ logic is flawed. The measurement of trading is the profit rate on the amount you invest. The higher the rate is, the more profit you earn. That said, with the same amount of money, whether you buy a 1-satoshi coin or a 1000-satoshi coin, it's not much different. Only the amount of coins that you get are not the same.