Those who picked the right alts early in the last bull became millionaires:

$SOL +12,950%

$DOGE +34,350%

$BNB +80,550%

Don't wanna miss 10-100x this bull run?

Discover my 10 rules that help you spot next gems.

① New bull run = new alts.

It's a simple rule: avoid buying old alts.

Old altcoins have already lived their peak moments.

Faith in them is generally lost as they become outdated.

This is why the market always favors something new, innovative, and hyped.

Such tokens have more potential and are likely to bring greater gains.

Read more about this👉 here

② In a bull run, participate in everything that can bring you money, even the most degen plays:

In the previous bull cycle, ICOs/IDOs were the best bet.

Investing in tokens before they were listed, when the price was still undetermined, has brought some really juicy profits to many people.

③ Just like checking the weather before stepping outside, it's wise to review the price chart before investing in a token:

If a token has already seen a big pump and stabilized, the likelihood of it yielding huge profits again is lower compared to a token that hasn't pumped much.

④ It's risky to invest in tokens where the entry price for VCs/angels is much lower than yours.

When investors' tokens unlock and the token is trading at 50x or 100x from their entry point, they are very likely to dump their holdings on you.

Therefore, it's better not to invest in such tokens.

⑤ Just avoid tokens with frequent unlocks and low circulating supply:

We all know that in economics, the price is determined by the balance between supply and demand.

And increasing the supply without a corresponding increase in demand inevitably results in a price decrease.

Such tokens can really get you into trouble and are not worth it.

⑥ Always check the market capitalization of a token and compare it with others:

If the MC is too large, the token will not generate much profit.

Everyone likes SOL, but for example, it can't reach x130 because its MC would be over $1.3 trillion, which is what Bitcoin is currently worth.

A great website for comparing market caps is:

➬ thecoinperspective.com

You can check the market cap of any tokens there, but most importantly, you can see how much the token would cost if it had the market cap of another token.

Look at what I mean below 👇

⑦ First, select the narrative, and then choose the token:

In the world of crypto, when something grows – it's the entire sector that begins to grow, not just one token.

Therefore, focus on predicting the narrative first, and then select tokens that align with it.

⑧ You should always try to evaluate utility; don't buy just a ticker:

Yep, I know guys that in these meme-led bull markets, this might sound a bit funny.

But still, it can be beneficial to assess the practical value of the token you're investing in, understand its merits, and consider its potential for ecosystem or community growth.

⑨ Analyze VCs supporting a project:

Venture capital funds have a significant impact on projects.

They are able to either raise the project to the top 50, or destroy it.

Focus on tokens that have received investments from Tier 1 VCs.

You can find info about VC investments here:

➬ crypto-fundraising.info

➬ crunchbase.com/home

⑩ Don't forget to use helpful tools:

For example, utilize DefiLlama to check TVL in protocols, and Token Unlocks to review token vesting and unlocks.

#BitEagleNews #BullRun #altcoins