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RE: Daily News, Steemit Facts & Investment Opportunities (21/10/2017)

in #cryptocurrency7 years ago

OmiseGo with the current price of $7.19 is way too high for most people to get interested in, they can choose a cheaper investment at 20 cents, and when it gets to $2 they can cash out 10 times the initial investment, OmiseGo would have to reach $71.90 to do the same.

The 20 cents investment can move quickly, but OmiseGo would take a while I think.

Thanks any way for your info.

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Well it always depends on your focus and the risk you're willing to take. I always tend to look on the likely return in % rather than hoping that a small no name coin will rise 1000%.

% is important to me also, the return of $1 on a 20 cent coin would be massive, but on a $7 it would be a lot lower.

Whenever You invest $10 and a coin rises by 50%, then you still get $5 regardless of the Coins Price ;) Same for BTC and that's up to 6000 already.

When you invest 10 cents in a cent coin and it rises by 10 cents it rises by 100% if you invest $7 and it rises by 10 cents you get about 1.5%

OmiseGo is the one I go for right now. I wish you good luck with your coin though, but keep in mind, whenever your coin loses 10ct it's worth nothing while OmiseGo is only down 1.5% ;)

Cool quite a good chat we had there, I wish you luck with OmiseGo.

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