Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Trio86 on September 23, 2018, 07:45:58 AM
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If you were to invest in a very low value coin, what one would it be ? I am talking about coins that are currently worth pennies.
I am new to cryptocurrency and plan on making multiple investments in them, Including long shots. Share your knowledge / predictions here.
What penny coin do you think will hit big ?
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I suggest you not to invest in coins that are cheap, because there is a high probability that you can be eaten by a whale, and also the possibility of cheap coins to rise is very difficult,
it's better if you want to try to find coins that are still cheap but potential, so the project and also the vision and mission are also clear.
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There are 2 possibilities, coins can go up and can die. Depends on the performance and value of the coin. If the coin is unique and has a good performance and concept, then the coin will be valuable later. But if the coin doesn't have a good performance, the coin will be discarded from the exchange and considered a scam coin. Or alternatively, the coin will lose its value and volume on the market. Here, it means that it is very important to select the coins that are best for the long shot coin. When we already know the best coin for long investment, we can pick them for our hodl.
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I think you should know if some coins with low prices can survive and increase rapidly even it is no guarantee for it. I don't think it is bad choice to buy them but you should analyze the team, the company, its platform, and the products (if they have MVP) firstly. You should ensure that they have a professional team and trusted company with quality MVP. If you see those things meet with your expectation, you can invest there.
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I think Litecoin is the one that deserves to be called coins change but the potential in the future is huge. Just try it for you to invest long term on Litecoin. Because with that we will get the benefits in the next 1-2 years. What is clear is that Litecoin is a coin in Altcoin which in my opinion is very fast and it is appropriate for us to invest long term in it.
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Doge and cardano will be good for the long term. I am sure because I see from the history of the increase and decrease experienced by the coin. The coin has a very cheap price this year.
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I prefer CARDANO (ADA) coin.
What is Cardano?
Gerolamo Cardano was one of the most important mathematicians of the Renaissance. This is why the first block chain platform evolved from a scientific philosophy and a research-oriented approach and it took its name from it.
Cardano is a completely open source, decentralized public block chain and encryption project. It is also the first blockchain project on academic research, which was reviewed by peers.
Cardano is a blockchain project that promises great hopes without getting into the market. The pioneers behind Cardano have created it with a large global community of experts and various researchers who are working to develop an intelligent contract platform that wants to offer more advanced features than anything ever developed.