I read the post " Now that we are on the upswing I calculated how much a coin would be worth with a 1K investment if it ever reaches back to its all time high. " And I needed to make this post, since there is a lot of misconception regarding on ATH You don't only calculate ATH base on the last price but rather the marketcap. One example, a coin that went over hyper inflation during the last bull GRT ATH: 2.4$ market cap: 2.8B GRT now: 0.16$ market cap: 1.3B Meaning that if we to get back to the ATH the mcp would need to be 19.5B, meaning that the amount of money to reach that price will be A LOT HIGHER. Sorry for the people who are holding GRT at those prices, probably will never break even Coins have inflation, remember that when researching a project. Some coins have 2.5% other 10% or even 100%, if you compare only the price you are in for a bad time when you realize that that easy x20 is just a x3. Anyways, ETH is deflationary right now, BTC has low inflation, other coins too so comparing the price there isn't a bad indicator, but in other cases like GRT is a different story Here is a list of high inflation ones, https://coinmarketcap.com/watchlist/60bc93916598e4bf3852e6f7 Another example, look the marketcap of this project https://coinmarketcap.com/currencies/immutable-x/ submitted by /u/mishaog [comments]
