Should you invest in Cheap Cryptocurrencies?

[Richard92]

I dont believe in investing in anything cheap with the expectation of a very great reward to me anything cheap can not yield positive or any good rewards. to me cryptocurrency that are cheap in price and operation it is very difficult to have a very good yield that Is to say the profit of which every one invest for the purpose.

it is good to invest in cheap cryptocurrency because most times they appreciate fast in the market and with this you make a lot of profit.

 

[Justin]

If you mean to say low value currency when you mean cheap currencies, I think investing on low valued crypto currency can be profitable. But this is quite risky.

 

[Ralphjoe]

With the rate at which bitcoin is going up I wouldn’t suggest you invest in cheap cryptocurrency. I found out that if a currency increases it’ll automatically affect others. Bitcoin is rising rn that means others are affected currently

Is that investing into the Bitcoin cryptocurrency would actually be profitable but it cannot be as profitable as when we invest in cryptocurrency which are capable of making you quite rich.

 

[Ub40]

I will say that there is nothing wrong in holding or investing in cheap crypto coins as they may rise even beyond expectations. And one can still invest both in the costly and cheap coins at the same time as anything can happen in the Crypto world.

 

[Lens]

Right from time , I like investing on the less popular coin because it's free from manipulation and very easy to study. Bitcoin is faced with a lot of manipulations. I heard that some people carry out a false order of the bitcoin thereby creating a fake demand and supply which will definitely affect the price

 

[Richard92]

Right from time , I like investing on the less popular coin because it's free from manipulation and very easy to study. Bitcoin is faced with a lot of manipulations. I heard that some people carry out a false order of the bitcoin thereby creating a fake demand and supply which will definitely affect the price

It is a good idea to invest in cryptocurrency because they have lots of great potentials and you might make a lot of interest from it if it's virtually growl.

 

[Kelly5]

What makes you say if a cryptocurrency is cheap it should not be used as a yard stick to make your investment decisions? The simple principle in investment is buying cheap and selling high

 

[Prettyjanie]

With the rate at which bitcoin is going up I wouldn’t suggest you invest in cheap cryptocurrency. I found out that if a currency increases it’ll automatically affect others. Bitcoin is rising rn that means others are affected currently

Well, I don't really agree with you. You can make a huge amount of money investing in cheap coins. There are so many coins that look insignificant but will turn out to be a huge assets in the long run. Bitcoin too started out to be an insignificant coin but today, it's the father of all the coins.

 

[mcjerry]

I don't believe that a crypto currency is cheap. They are not commodities that we can determine if it is cheap or not. We can only say that there value are not same as some has higher value to others. I prefer to invest in low value coin for it rise rapidly than the ones with high value.

 

[Haveit]

Just recently I realized that in scalping from crypto currency, one stands to make more profit in this bearish run especially from new coins like shiba inu, Ada etc.

 

[Lens]

It is a good idea to invest in cryptocurrency because they have lots of great potentials and you might make a lot of interest from it if it's virtually growl.

Choosing the less popular coin that are devoid of artificial manipulation is a wise decision. I decided to go in that direction when I noticed that some of these coin are surviving the bearish market

 

[Richard92]

Choosing the less popular coin that are devoid of artificial manipulation is a wise decision. I decided to go in that direction when I noticed that some of these coin are surviving the bearish market

Most cheap cryptocurrency have future possibilities that is why people like investing in cheap cryptocurrency it is a wise decision because they have this belief that this currency will grow and appreciate and survive in the market one day.

 

[Alexandoy]

I will say that there is nothing wrong in holding or investing in cheap crypto coins as they may rise even beyond expectations. And one can still invest both in the costly and cheap coins at the same time as anything can happen in the Crypto world.

Maybe I can agree if the price is low then there is a greater probability that the price will go up. However, most of the cheap coins I have been reading are said to be trash coins. I really don't know what that means but trash means not beneficial to us.

 

[Nomad]

The term cheap is relative. In the beginning of this year doge was less than 1 cent and it went up to 68 cents. You can see bigger profits by investing on low value coins

 

[eLdavis]

Investing in cheap crypto currencies is a good business idea, although it might take a very long period of time before you start achieving your aim for investing in it, but surely it will be profitable

This is where many people run from, that period of waiting, they find it too long and stressful to wait. They would rather want to invest in an already high valued coin than going for a coin that is still coming up. They dont realize that as long as the coin has potential, it is actually the best to invest in now that its cheap

 

[Setho]

In crypto currency investment, the most important thing is not the prices but the potential for the coin to grow in the future, the price does not reflect how it will grow.

 

[Senator]

There is no crime or anywhere where investing in cheap cryptocurrencies is a crime. In fact you have to do your investment according to how deep your pocket for investment is most times

 

[babdud02]

For a long term investor ,i can say investing in a cheap cryptocurrency now might be of benefit in the future.Bitcoin is not actually rising like before again and this might give opportunity to other cheap coins

 

[Setfragil]

If you mean to say low value currency when you mean cheap currencies, I think investing on low valued crypto currency can be profitable. But this is quite risky.

Investing in cheap currency is the easiest way to make money in cryptocurrency. When you buy new cryptocurrency in large quantity you tends to make more profits anytime the coin increases in market price.

 

[Richard92]

Investing in cheap currency is the easiest way to make money in cryptocurrency. When you buy new cryptocurrency in large quantity you tends to make more profits anytime the coin increases in market price.

Yes I will advise you to invest in cryptocurrency because it makes you to gain more profit and you can use small money to buy large cryptocurrency.