The biggest optical illusion in crypto just disappeared for me.
While looking for my next crypto, I told myself: "Bitcoin is at several tens of thousands of euros—it’s too expensive. I’m going to buy this crypto at €0.01; it’s easier for it to go up to €1!"
Wrong. An expert explained “Market Cap” (the total size of the project) using this comparison:
🍕 **A crypto at €100:** It’s a pizza cut into 4 slices. Each slice is expensive, but the pizza is small.
🍕 **A crypto at €0.01:** It’s the same pizza, but cut into 40,000 tiny slices. The slice costs nothing, but the pizza has no more value either.
It’s not the price per coin that matters—it’s the total size of the project. I almost fell for the trap!
Did you also believe in this “low price” mirage when you were starting out? 👇
#marketcap #EducationCrypto #BinanceTips #CryptoLecon
While looking for my next crypto, I told myself: "Bitcoin is at several tens of thousands of euros—it’s too expensive. I’m going to buy this crypto at €0.01; it’s easier for it to go up to €1!"
Wrong. An expert explained “Market Cap” (the total size of the project) using this comparison:
🍕 **A crypto at €100:** It’s a pizza cut into 4 slices. Each slice is expensive, but the pizza is small.
🍕 **A crypto at €0.01:** It’s the same pizza, but cut into 40,000 tiny slices. The slice costs nothing, but the pizza has no more value either.
It’s not the price per coin that matters—it’s the total size of the project. I almost fell for the trap!
Did you also believe in this “low price” mirage when you were starting out? 👇
#marketcap #EducationCrypto #BinanceTips #CryptoLecon