When you look at the crypto market, you realize that it works on the same principles as the stock market.
We take the best companies - Apple, Starbucks, Netflix, Pepsi, etc. Plus there are shares of startups and promising companies like Tesla and SpaceX, and at the same time - no-names that can close tomorrow, or they can take off.
It's the same with crypto. There are big players - BTC, ETH, BNB, which are considered fundamental. There are promising projects like APT, SUI, ARB, which have technologies, a team of developers and investors behind them. Young and potentially profitable for investment. There are those very "shields" that everyone knows about, but is in no hurry to trust.
Crypto also has its own analogue of the S&P 500 - these are the top 10 coins by capitalization. Buy them in a bear market and sell them in a bull market.
We select projects, use the same metrics and ask the same questions as when selecting stocks:
1. What does this project do?
2. How can it make life easier for users?
3. Why should you buy it?
4. Who is the development team?
5. Who are the early investors?
6. How serious is the team's approach?
7. How is the economy structured within the project?
8. What is the roadmap and plans for the future?
9. Are the points outlined in the roadmap being implemented?
10. Does the team do marketing?
Based on this, we make a decision to buy a particular project (coin). 🎯 Having measured the risks and profit expectations, we buy, wait for growth and sell. 💼 Knowing these basics, you can build your portfolio correctly.
The stupidest thing you can do is to put all your eggs in one basket, or, as we say, "to fly into one project with all your eggs in one basket." By doing so, we stop being an investor and become a gambling addict (read: a casino addict). 🎰
There is no project that will definitely "take off". It is important to understand this! 💡
"If Bitcoin goes down, the entire market will go down." No, it doesn't work that way. Claiming something like that is like saying that if Coca-Cola closes tomorrow, all soda producers will close down too. 😀 The Bitcoin scam will lead to a local drawdown. "Hamsters" and participants who did not build their portfolios in compliance with the rules will leave the market. For the rest, this will be an opportunity to increase their position and get new benefits. 🦾
Crypto is not going to disappear as a phenomenon, you just have to come to terms with it. 🏦 The crypto market is no longer just Bitcoin.
