03-06-2021, 01:20 AM
Market capitalization is more important than price!
<!-- SC_OFF --><div class="md"><p>Feels like this should be said with the influx of new investors and not just into crypto but investing in general. The price doesn’t matter, it’s all about market capitalization in determining a coin’s value. Just because a coin is under $1 doesn’t mean it’s ‘cheaper’ than other coins. </p> <p>Tired of seeing these “ADA WILL 50x FROM HERE” & “BUY NOW WHILE STILL CHEAP” clickbaity titles. If ADA was to 50x, ADA’s market cap would have to be $2 trillion, double what Bitcoin’s market cap is now. Don’t follow the click bait garbage. Understand market capitalization before throwing everything you have at a ‘cheap’ coin.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ser_antonii"> /u/ser_antonii </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lyden0/market_capitalization_is_more_important_than_price/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lyden0/market_capitalization_is_more_important_than_price/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>Feels like this should be said with the influx of new investors and not just into crypto but investing in general. The price doesn’t matter, it’s all about market capitalization in determining a coin’s value. Just because a coin is under $1 doesn’t mean it’s ‘cheaper’ than other coins. </p> <p>Tired of seeing these “ADA WILL 50x FROM HERE” & “BUY NOW WHILE STILL CHEAP” clickbaity titles. If ADA was to 50x, ADA’s market cap would have to be $2 trillion, double what Bitcoin’s market cap is now. Don’t follow the click bait garbage. Understand market capitalization before throwing everything you have at a ‘cheap’ coin.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/ser_antonii"> /u/ser_antonii </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lyden0/market_capitalization_is_more_important_than_price/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/lyden0/market_capitalization_is_more_important_than_price/">[comments]</a></span>Kind Regards R