Tip 1: Pay attention to holding costs. When you think a certain currency has a hundredfold potential, be sure to consider your own holding costs. Enter the market decisively at the right time, especially after a black swan event occurs in the market, to obtain more chips at a lower cost. In this way, you will have greater room for profit when the project rises in the future.
Tip 2: It is also very important to choose a track with greater certainty. Pay attention to hot tracks, public chain ecosystems, and currencies that have had large drawdowns in the last round but are indeed valuable. These tracks often have high market attention and capital inflows, providing a good environment for the birth of 100x coins.
Tip 3: Learning to value projects is also an important means of judging 100x coins. You need to value projects on your own, compare the pros and cons of similar projects, and compare their valuations with the current circulating market value based on weights. This will help you find potential 100x coins.
Tip 4: It is also crucial to understand the project background. A successful 100x coin project usually has a deep background, including strong team technical strength, rich project resources and partners, etc. These background factors play a vital role in the development of the project and are also an important guarantee for the project to cross the 100x threshold.
Tip 5: Learn to read white papers. This is also an important way to discover 100x coins. White papers represent the pattern and development direction of a project. By reading white papers carefully, you can gain an in-depth understanding of the actual problems the project is committed to solving, as well as the underlying logic and technical architecture. This will help you understand the project more comprehensively and discover potential 100x coin opportunities.
Tip 6: It is also very important to control the market trend. The emergence of a 100x coin is often carried out under a specific market trend. Therefore, you need to pay close attention to the development of the market, including the current market hot spots, capital flows, and policy changes. By controlling the market trend, you will be able to more accurately judge which projects are likely to become the next 100x coin, thereby seizing the opportunity to get rich. #BTC