👉 Making big money in a short amount of time is why hunting micro-cap gems can be life-changing for small-time investors….How to become a gem hunter
👉 Some of you are here to get rich quick and make it in one Bullrun.
👉 Whilst there are some success stories, there is survivorship bias
👉 Meaning you only hear the success stories.
👉 For every success story, there might be 5 sad stories.
👉 Gem hunting is fun, but risk management is key
👉 Common Mistakes for the Gem Hunters:-
Too Aggressive, not hedging their portfolio with stablecoins or blue chips
If BTC dips 30%, your micro-cap Coins can dip 80%.
Understand where you are in the cycle before aping into high-risk high reward micro caps
👉 Don't rely on other people and ape blindly.
👉 Develop your own intuition, your edge is built by becoming an expert
👉 Cultivate your Inner Ape
👉 Don’t be afraid to lose $$, Ape to Learn
👉 You'll get rugged.
👉 If 2/10 do a 10x & you get rugged 8x, you still doubled your money
👉 While that may be the best trade in history and not a realistic goal...
👉 The point is being early to new crypto projects can be life-changing!
👉 Finding these projects early is a skill that can be learned.
👉 Over time you will get a nose for hunting alpha
👉 It will take time to become a proficient hunter.
👉 Don't get wiped out before developing your edge
👉 Here are the things that will help you develop & improve this skill:-
Get comfortable with DEX
Coins that are listed on a Centralised Exchange (Binance, FTX, Kraken, Coinbase) usually already have a pretty high Marketcap (MC).
👉 The law of big numbers:-
if Bitcoin has an MC of 1 trillion, it needs 99 trillion to do a 100x.
👉 Some Coins with 1 million MC will need 99 million. That can happen in a couple of days in crypto.
👉 Don't want to get involved in Dex's and still find gems?
These will be low caps in the 10m-100m MarketCap range.
Do your own Research Before Investing in Any Coins or Stocks.
NFA
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