Cosmos is one of the most powerful blockchain technologies in the world that continues to house great applications. This has been reflected positively in its novel token ATOM which continues to record millions of dollars in daily trading volume.
Due to the success of the crypto asset class in 2021, it is extremely understandable that novice traders and investors are doing all they can to get their hands on the next best cryptocurrency about to explode.
Therefore, it is not surprising to see millions of people pouring billions of dollars into the crypto finance space.
With questions marks around the legitimacy of cryptocurrencies as a financial instrument, people are willing to risk less capital.
This has led to one of the most trending questions across search engines which go, what might happen if you invest $100 in Cosmos ATOM today?
If you invest $100 in Cosmos ATOM today and the value of the cryptocurrency increases due to increased demand by investors, which takes your investment to let’s say $750, you stand a chance of making a profit of $650.
Normally referred to as capital gains, the profits made can be invested in more ATOMs or other low-priced altcoins with hidden potentials.
Since the crypto asset class is an unpredictable one, your investment can plunge into irrecoverable zones.
In the case the value of Cosmos (ATOM) drops to new lows due to unfavourable technical indicators or low adoption of the Cosmos network which impacts negatively on its novel token, to let’s say $12, you stand a chance of making a loss of $88.
However, in the world of Cosmos (ATOM) investing and crypto investing for that matter, you must always remember that you can only realize profits or losses when you decide to sell your ATOM holdings.
To learn more about the Cosmos crypto project, Trading Education has several articles dedicated to the blockchains that have allowed more than 100 applications to be built on it.
Through the articles, you can learn how you can invest in Cosmos ATOM in the short and long term.
If You Invest $100 In Cosmos ATOM Today, What Happens?
The price of Cosmos ATOM has spiked ever since it opened at $6.49 on 1st January 2021. The bubble burst twice in 2021 but the bulls won over the bears in October 2021.
As a result, there is a huge chance that you are going to see gains of more than 100% in the short term and at least 300% in the long term, if you were to invest $100 in Cosmos ATOM.
In October 2021, Cosmos ATOM had increased substantially in price. The crypto trading asset has returned 464.28% for traders and investors that believed in the potential of the issuing authority of the token when it appeared on exchanges on 14th March 2019 to date.
This has taken the market capitalization of Cosmos ATOM to more than $10 billion.
The market value of ATOM will only soar even higher which will translate to higher returns for investors, considering the partnerships Cosmos continues to form which sees more liquidity poured into ATOM.
Because of the potential of the Cosmos network, ATOM is highly accessible on cryptocurrency exchanges such as eToro, Binance, Coinbase, Huobi Global, OKEx, KuCoin, Gate.io, HitBTC, and Kraken. These exchanges are among the top 50 largest cryptocurrency exchanges by trading volume.
Aside from this, the valuation of ATOM continues to benefit from innovations on the Cosmos Network.
With more than 200 use cases in a short time, projects such as Kava, Thera, and Thorchain have integrated with Cosmos to take advantage of their software solutions for better scaling and interoperability.
This sets Cosmos apart from some new crypto projects on the market that lack the necessary use cases to help bring mileage to their tokens.
This is one of the primary reasons why analysts at Wallet Investor, Gov. Capital, and Coin Price Forecast, who employ fundamental research and technical analysis to assess digital currencies, believe ATOM is one of the altcoins to watch out for in the future.
According to the analysts, price drivers such as global economic recovery, mass adoption of the Cosmos network and utility of ATOM, and favourable crypto market sentiment could see the token trade for an average price of $59.93 by the end of 2022. What’s more, the analysts further estimate ATOM to trade for average prices of $117.54 and $182.48 by the year’s end of 2024 and 2026 respectively.
This means that investing $100 in Cosmos ATOM today could see you with more than 160% returns in the short term, 600% returns in the medium term, and more than 1,000% returns in the long term.
Having seen huge corporations such as the largest digital asset management firm, Grayscale, make huge purchases of digital coins, you may have pondered the question, can you really invest $100 in Cosmos ATOM?
Let’s find out.
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Can I Invest $100 In Cosmos ATOM?
You can invest as little as $100 in Cosmos (ATOM).
Due to the new price milestones being recorded by several coins, if ATOM tests new high highs in the future and you are unable to buy a whole coin, you can buy fractions up to $100.
This is because cryptocurrencies have the feature of divisibility. While fiat currencies can be divided into two decimal points, cryptocurrencies are divided into eight decimal points.
In fact, you can buy about 2.7540 ATOM worth a $100 investment.
If you decide to hold onto your ATOM holdings and the coin reaches new milestones such as $1,000, $10,000, or $100,000, you can become one of the few investors who made enormous gains from trading and investing in Cosmos (ATOM) and cryptocurrencies as a whole.
But before you decide to invest in Cosmos (ATOM) with $100 or any other sum of money, let us discuss what Cosmos is.
Knowing this will be highly invaluable in your quest to find success with the coin.
What Is Cosmos?
Cosmos is one of the few crypto projects that found an answer to the scalability and interoperability problem that mired blockchain technology for years.
As an ever-expanding ecosystem of interconnected applications and services, built for a decentralized future, Cosmos focuses on user activity, developer behavior, and market maturity.
Launched in 2019 by Jae Kwon and Ethan Buchman, Cosmos comprises three entities that ensure its efficiency and survival in a market where failure to upgrade your ecosystem could see you become irrelevant.
They are the Cosmos Network, its cryptocurrency ATOM, and the Interchain Foundation (the organization that supports the ecosystem by accepting applications for grants by up-and-coming developers).
After appearing on cryptocurrency exchanges on 14th March 2019, ATOM had an initial value of $6.44.
Plummeting to new high lows during the peak of the pandemic in 2020, the cryptocurrency has since crossed new milestones.
ATOM reached a new all-time of $44.70 on 20th September 2021, recording $3 billion as trading volume for the day.
Once you buy ATOM on exchanges, per regulations, you have to create an account and store your holdings via private keys.
On exchanges, these private keys can be set for you but there are options to modify them. More often than not, exchanges demand their clients to set passwords in a combination of symbols, numbers, and words (an example is Albe1888!).
Despite the security encryptions and two (2) factor authentications (2FA) in place by multiple exchanges, many people feel they would be well off storing their ATOM holdings in other forms of wallets such as Ledger Nano X, Keplr, Cosmostation, Guarda Wallet, Exodus Wallet, Atomic Wallet, Math Wallet, Coin98 Wallet, Trust Wallet, and Lunie Wallet.
Fortunately, on cryptocurrency exchanges, passwords can be reset if old ones are forgotten. Following processes that normally see pin codes sent to a verified phone number or links sent to email addresses, accounts can be restored in a matter of seconds.
Unfortunately, this does not work on the aforementioned Cosmos Wallets. The path of creating a wallet leads to a page where passcodes are generated for you.
In at least 12 words arranged in a particular order, you are advised to write the codes in a safe place.
In case you are locked out of your account and you are unable to find your passcodes to regain access to your wallet, there is a small chance of restoring your account.
Due to the decentralized nature of such wallets, it’s extremely difficult holding representatives of such decentralized organizations accountable for your loss.
Blockchain, which houses decentralized ledger systems, helps with the creation, distribution, trading, and storage of digital currencies including ATOM. Peer-to-peer (P2P) technology is the primary way by which payments are facilitated.
To keep the project relevant in such a saturated market, Cosmos relies on upgrades as well as successful partnerships to keep the project going.
After Terra, Thorchain, Kava, Cosmos announced a new partnership on Wednesday, 20th October 2021. The Interchain Foundation and Tendermint (Software Development Company behind Cosmos) announced a partnership with Forte (an organization that builds blockchain platforms for video games).
Speaking on why Forte chose Cosmos, chief executive officer, and co-founder Josh Williams pointed out that, “Our alignment on scalability, usability, and interoperability makes them an ideal partner in building a more sustainable and equitable ecosystem for games, and the billions of people who play them.”
Forte will add ATOM to their network to be used as payment, liquidity, or collateral for users.
This will increase the utility of the token and help create a great experience for developers and users.
To illustrate how Cosmos ATOM works as an investment instrument, anyone who purchased the coin right from the onset of 2021 would have made awesome gains.
For instance, if you invested $100 when the token traded for $6.49, you could have purchased 15.4083 ATOMs.
If you held onto the coin when it reached $44.70 in September, the value of your ATOM holdings would have been worth $688 at that time. This is a 549% increase on your $100 investment capital.
What Makes Cosmos ATOM So Valuable?
ATOM, like all digital tokens, holds no intrinsic value. For an asset to be intrinsic, it must have value on its own.
Since Cosmos ATOM is not backed by any physical asset such as metals (gold/silver) and commodities (corn/millet/oil), it cannot be quantified intrinsically.
Since cryptocurrencies function as fiat currencies, they are representative money. This means that its measurement is based on the goods it can purchase. Without the faith of crypto users and developers, ATOM becomes worthless.
The market value of ATOM increases once there is a huge demand by traders and investors who see the digital asset as an attractive financial instrument.
The market value of ATOM decreases once investors decide against holding their coins due to a bearish outlook of the market or reaching investment goals.
As of October 2021, ATOM does not have a physical representation. This is the primary reason why no country supports its use as a transactional currency.
As a token that relies heavily on speculation, ATOM does not qualify as a legal tender.
Yet, the cryptocurrency is mentioned along with popular digital coins on the market.
Ranked as a top 50 digital asset, ATOM is more valuable than mainstream companies such as Arrowhead Pharmaceuticals, Red Rock Resorts, New York Community Bank, Fiverr, Ubisoft, Televisa, and Sports Radar whose market value falls below $7 billion.
Many blockchain enthusiasts and decentralized finance analysts view the Cosmos ecosystem as one of the best financial technologies in the space.
Many experts believe that Cosmos makes blockchain technology less complex and less difficult for developers.
This in turn helps in the creation of an effective protocol that can transform how we go about finances in the long term.
Although ATOM does not have a long trading history, the token has already brought impressive gains to investors.
Leaning on the possibilities of the Cosmos Network, ATOM could explode in the future.
This makes it one of the cryptocurrencies to consider adding to your investment portfolio.
How To Invest $100 In Cosmos ATOM
You can invest $100 in Cosmos (ATOM) in many ways.
Some of the best ways and places to invest $100 in ATOM are some of the largest cryptocurrency exchanges such as Binance, Coinbase, eToro, Huobi Global, and Kraken.
To help you maximize quality and minimize risk, we would like you to take customer service, fees, speed, number of countries supported, ease of use, accessibility, and compliance with regulations into account when selecting an exchange.
Although this article is primarily centered on what might happen if you invest $100 in Cosmos ATOM today, there are no limits with regards to the amount you can invest in ATOM.
If you figure out the minimum amount you are prepared to risk and your preferred exchange supports it, you can start investing with $100.
With an eye on the features to watch out for earlier mentioned, we would like to recommend eToro as the exchange to invest $100 in Cosmos ATOM.
Follow the steps below and you would be on your way to becoming an ATOM holder.
1. Register for an account on eToro,
2. Verify Your Account,
3. Deposit Funds,
4. Navigate to the Cosmos ATOM Page.
On this page, you can order several ATOM tokens. Your order will be processed and completed.
Check Out: How to Invest in Cosmos
Crypto asset investing is highly volatile and unregulated in some EU countries. No consumer protection. Tax on profits may apply.
Will Investing $100 In Cosmos ATOM Make You A Millionaire?
Investing $100 in Cosmos (ATOM) could make you a millionaire if several conditions are met.
Firstly, you must be able to cut off your emotions on closing short-term gains.
Secondly, you must hope that the fortunes of trading will fall on ATOM so that it can reach new highs.
For understanding, let us employ simple mathematics in our analysis of a $100 ATOM investment turning into a millionaire maker.
At $100, you can purchase 2.7540 ATOM coins.
You could become a millionaire if ATOM trades for $387,100 in the future.
No analysts or experts have made such forecasts but in the world of cryptocurrencies, anything is possible.
At $387,100 and 2.7540 coins in holdings, simple mathematics in the form of multiplication will provide the millionaire maker statistic.
$387,100 multiplied by (×) 2.75404 totals $1,066,073.4 (millionaire maker).
Cosmos continues to evolve as it has become an integral part of the current crypto revolution in the form of decentralized finance.
This is the primary reason representatives of the project announced on Tuesday, 19th October 2021 that Cosmos is building a new blockchain called SAGAN for experimentation.
Like Kusama and Polkadot, new applications and upgrades will be tested on SAGAN before becoming fully functional on the Cosmos Network.
Despite all these, some analysts still consider ATOM as a high-risk investment due to competition from other projects.
With that said, Cosmos continues to add more use cases daily.
This will in the long term expose its ecosystem to millions of developers and see ATOM involved in more transactions daily.
In the long term, ATOM is a coin that is poised to provide great returns.
What To Consider When Investing $100 In Cosmos ATOM?
When investing $100 in Cosmos (ATOM), it would be in your interest to consider the following.
Know Your Risk Tolerance
Can you afford to lose $100 overnight due to unfavourable crypto news? Will you be able to go about your day-to-day activities if you should lose your capital? Should ATOM fail to command high prices, will you be able to settle for a loss on your investment?
If you can answer these three questions, then you are good to go. ATOM continues to record daily volumes of more than $300 million daily. This means that volatility is soaring daily which makes its price determination impossible.
Assess your level of risk, if you can tolerate losing $100, you can invest $100 in Cosmos (ATOM).
Virtual Currencies and Blockchain Technology is a New Concept
Blockchain technology and cryptocurrencies are a little over a decade old. While stories of overnight millionaires continue to flood crypto news portals, millions of investments lost are largely unreported.
What this means is that there are good and bad sides to investing in cryptocurrencies. Crypto is not a cash cow. You are going to make it if you have time in the market, rather than trying to time the market. Invest $100 in Cosmos (ATOM) on regulated exchanges. More importantly, be cautious about your trading activities online.
Know the Actual Costs Involved
After selecting an exchange, get to know more about fees. Once you make deposits and buy cryptos, you will be charged little or no fees depending on the exchange. Knowing how much you are going to pay in fees helps you know the amount of money you have to upload to buy $100 worth of Cosmos (ATOM). Know the actual costs involved and trading will become very easy.
Should You Invest In Cosmos ATOM?
YES! You should consider investing in Cosmos (ATOM) due to the potential of the Cosmos Network, as per the forecast of analysts at Gov. Capital, Wallet Investor, and Coin Price Forecast.
While it would have been great to have invested in ATOM in the early days of 2021, it is not late to invest now.
This is because ATOM continues to trade below $50 (a price that falls into the budget of millions of potential investors).
Always ask the question, do the potential rewards of investing $100 in Cosmos (ATOM) exceed the possible consequences of the risks? Based on the possibilities of the Cosmos ecosystem and the weight of its use cases, ATOM could be the digital asset that could compensate for the losses on your portfolio.
eToro – Best Platform To Buy Cosmos
eToro have proven themselves trustworthy within the crypto industry over many years – we recommend you try them out.