Which i better owning 1 coins at $100 or 10000 at $0.01
I get a lot of dm asking me how many coins do i need to hold to make a lot of money, it is very important to know that the example above, is the exact same thing, ether way u are holding $100, the quantity you are holding doesn’t mean anything, it only means you have $100 invested, its not because you have a penny coin that it will go to a $1, most of em will never reach close to $0,50 and if it does consider yourself one lucky man to get %5000 increases in a market cap #bitcoin #ethereum #litecoin #bitcoincash #cardano #ripple #stellar #neo #monero #dash #nem #iota #tron #eos #icon #crypto #cryptocurrency #binance #poloniex #bittrex #hitbtc #cryptopia #huobi #kucoin
In my opinion it would be 10000 at .01 because if it reaches .10 cents
you get 1000 , if your 100 dollar investment goes to 200 you only make 100 bucks
The example above is the exact same thing, because its not how many coin you have, you have to base yourself on the market cap and the circulating supply of coins, if a penny stock go up to 10 cents the company gained 10 times what its worth so basically you would make 1000 of your $100 , its the exact same senario with the 1 coin at a $100 if the company gains a 10x value you would still have made $1000 of your $100. So basically its the exact same thing, its your initial investment that counts
there the same