RE: No, You Don't Have to Buy a Whole Bitcoin (Thoughts and Review as well)

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No, You Don't Have to Buy a Whole Bitcoin (Thoughts and Review as well)

in crypto •  7 years ago 

This is definitely a common misconception of people entering the crypto market. Many believe that in order to buy any coin they must buy a whole number quantity instead of knowing they can buy a fraction of a coin, say Bitcoin.
This misconception is the reason some alt coins get pumped solely because they are super cheap even if they have no actual basis as to be a reputable coin.

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@trinitystarr I agree. Yeah, a lot people buy in volume and how much is worth even though the coin has not proven itself nor seems to be going anywhere. A lot pump and dumps.