Should I invest in cryptocurrencies that are below 100 Satoshi

in #altcoin7 years ago

below-100-usd-cryptocurrencies.jpeg

so I need help from u steemians; should i buy any of these cryptocurrencies; Reddcoin; Dogecoin; DigitalNite XDN; BitBean; Verge; and Myriad ???

If so; how much and for how long ???

Please help :)

https://www.youtube.com/channel/UCk95gu36LmW6NSfvQnSsYXw

http://xyzc.gq

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Great question and it deserves a followup question: what do you know about those coins that make you believe in them? :-)

I actually did a post on the fact that the absolute price of a coin does not matter. More about that here:

https://steemit.com/cryptocurrency/@cryptotem/why-the-absolute-price-per-coin-is-irrelevant-and-your-decision-to-buy-should-never-be-based-on-the-price-of-a-coin

As a beginner I thought those will be big sometime likr a PUMP of any other coin; but today I see only BTC is high and those are even getting lower :(

They might get big at some point, but it is just very hard to predict and it is a short term game those Pumps and Dumps, usually won by those who coordinated it in the first place.

Interesting world of crypto. Good luck with your investments!

upvoted and followed you, if you like hotchannal please follow me

THANX; any suggestions :) ???

This depends on your strategy and threshold for enduring risk. I would only consider Dogecoin because it may have enough staying power to shine once more.

Aha; so you \siad that Dogecoin "may have enough to stand" so what is that thing thaat dogecoin has but the others do not ???

I believe that in China, locals use it as everyday currency. [I think]. I saw an article online in where people use it because it;s the most stable coin asides litecoin and other alt coins. The only issue with DOGE coins is that i think every year thousands or millions are issued, so that that's why the price is so low. I am currently holding quite a few but I really don;t use them. I just have them stored in a hard wallet just in case in the future it goes up. Right now there are about 110,714,148,206 coins [to be exact] and the price for just one is $0.0016. Up to you if you want to save them or do as you please.

I believe the next one everyone has their eyes on is AdEx [ADX]. Since they are supposedly going to team up with NEO, it's a definite buy [i would say]. Hope this helps.