How sensible is investing in any crypto equals or less than a Satoshi? (0.00000001 BTC) Does such small amounts make a butterfly effect? [1] Can Experience Points (XP) help one to achieve its goal? [2]
[1] https://en.wikipedia.org/wiki/Butterfly_effect
[2] https://coinmarketcap.com/currencies/experience-points/#charts
One of the biggest reasons to gain popularity of cryptocurrency was the news about "Lambo" on social media and the rest [3] Profit charts such as 1000% less than a year amazed most of us.
[3] https://www.investing.com/analysis/comics/everyone-wants-to-join-the-bitcoin-and-ethereum-party-253
The common part of coins' 1000% profits was their value: they were too cheap to buy. Price wasn't the only reason to have outstanding earnings, the technology and solution behind the scenes triggered those coins "to the moon" [4]
[4] https://www.reddit.com/r/Bitcoin/comments/1p2o9g/to_the_moon/
XP has been stucked 1-2 Sat for a week [5], is it the right time to buy some? Current volume is pretty far from mean value and current market cap is far away from mean market cap, too [6]
[5] https://www.coinexchange.io/market/XP/BTC
- Current volume ______________210,813.00 USD
- All time low volume ______________401.00 USD
- Mean volume ______________ 1,097,938.13 USD
- All time high volume _______ 43,120,700.00 USD
- Current market cap _________32,435,100.00 USD
- All time low market cap ________159,230.00 USD
- Mean market cap ___________67,042,798.06 USD
- All time high market cap __ 1,039,440,000.00 USD
[6] https://coinmarketcap.com/currencies/experience-points/historical-data/?start=20170608&end=20180608
Buying 100,000.00 XP from 0.00000001 BTC costs 0.001 BTC in total which means 7.5 USD investment with current BTC/USD pairs. If the price exploded into 100 Sat; despite thinking max supply of XP and ath price for BTC [7], XP's market cap cannot pass 5,354,225,677.13 USD which makes sense to buy some. Such a volume brings XP into the top 25 list and there is still way up to go further.
[7] https://athcoinindex.com/currencies/bitcoin
If the price reaches 100 Sat, 0.001BTC (7.5 USD) initial investment may earn more than 1,000.00 USD according to Bitcoin's performance against American Dollar. Due to second largest trading volume of XP [8] 13,395.00 BTC is enough for buying all XP on that market which requires 100,462,500.00 USD recently (1 BTC = 7,500.00 USD) Coinexchange has approximately 585 BTC volume per day [10] which is more than 4,000,000.00 USD recently. In order to reach 100 Sat for XP just equals to Coinexchange's 25 day volume which supports that price for XP doesn't seem so far in the future.
[8] https://coinmarketcap.com/currencies/experience-points/#markets
[9] https://www.coinexchange.io/market/XP/BTC
