Risks associated with trading low sat coins

[Lektai]

I can most certainly say everyone involved in cryptocurrency are in it for the money, and a very select few of people are in it for the technology behind it,  and one of the very reasons why people are in it its because of the massive profits people made during the 2017 bull run, making reference to one particular token XRP, a token of of about 21 bill supply (almost twice the world's population), saw it move from 1 sats to about 20k sats during the December bull run, as a seasoned trader cryptocurrency I'll like to give in a few tips about low sat coin
1. Do not invest heavily in them, except only if its market cap is below 1 million $ and you are convinced about how good the project is
2. Do not try trading them, you will sure get burned
If you must trade them trade larger cap coins
3. Well they say the shittier the coin the sweetier the profit, this is no doubt true as it has been with many cases, the moment a coin gives you a profit, always protect your capital, don't get carried away else you might loose it all

[this-website-is-bitch]

We should not forget the initial wish and I still remember it. It is freedom we never ignore. Although others not, but I am.

[bubblebubble]

Cost of a single coin is always related to the supply.
I don't agree with your point of view.
Each one should invest only in projects in which believe. Better if there is a minimum product to evaluate.
Nothing more.

[anu1980]

Cost of a single coin is always related to the supply.
I don't agree with your point of view.
Each one should invest only in projects in which believe. Better if there is a minimum product to evaluate.
Nothing more.

He's not talking about investment but about trading strategy. You don't have to believe that a project is good if you want to swing trade them. But you need to know when to enter and exit the market. Low sat or low cap coins are generally considered to be a good choice if you have low capital but there's a huge risk on them. Even though the market cap is small but the supply is huge then you might not get the profits that you expected especially if the volume is too low.

[toheed2x]

well I am holding low sat coins mostly I am holding from bounties and airdrops but yes they not working now I move to focus on main good coins only few works but who know when

[jenica]

I don't agree with your review.
Crypto prices will always be determined by buy and sell orders, plus the coin demand and supply itself.

[corr]

my advice before investing in some kind of coin is checking how many exchanges they are trading. the more exchanges the more likely you are to lose money. so that one day you can remove this coin from trading at one of the exchanges and you can simply transfer it to another stock exchange. It will also be better if the coins in which you invest are traded on large, well-known exchanges.

[Dodo]

In my opinion, low-sat or low coins are usually considered a good choice if you have low capital but there is a big risk to them. Even though the market capitalization is small but the supply is large then you might not get the profit you expect especially if the volume is too low.