Bittime - A mid cap coin is a cryptocurrency that has a market cap of between $100 million and $1 billion. These coins fall into the altcoin category , which means they are not Bitcoin (BTC) or Ethereum (ETH).
Characteristics of Mid Cap Coins
Riskier than large cap coins
Mid cap coins have a smaller market capitalization than large cap coins, so they are riskier.
More potential to generate profits
Mid cap coins have the potential to generate larger profits than large cap coins, but also have the potential to experience larger losses.
Harder to trade
Mid cap coins have a smaller trading volume than large cap coins, making them more difficult to trade.
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Reasons to Avoid Mid Cap Coins
High risk
Mid cap coins carry high risk due to their small market capitalization. This means that the price of mid cap coins can fluctuate wildly.
Less liquid
Mid cap coins have a smaller trading volume than large cap coins, making them more difficult to trade.
Easier to manipulate
Mid cap coins have small market capitalizations, making them easier for market manipulators to manipulate.
Mid Cap Coin Alternative
Large Cap Coin
Large cap coins have a larger and more stable market capitalization than mid cap coins.
Stablecoins
Stablecoins are pegged to another asset, such as the US dollar, so their value is more stable than other coins.
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Conclusion
Mid cap coins are cryptocurrencies that have the potential to generate huge profits, but also carry high risks. Investors looking to invest in mid cap coins should understand the risks and only invest with money they can afford to lose.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements of Bitcoin (BTC) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Also Read:
Large Cap Cryptocurrencies, Why Are They Attractive to Investors?
DISCLAIMER : This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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