A few days ago , I informed you that many “traders” end up with the position “#Altcoins👀🚀 at the bottom, buy everything and make money one way or another.” Friends, it doesn’t work that way, especially when the majority expects it 🗳
In my opinion,➡️ this is the emergence of a new and positive trend to cleanse the market of old altcoins , whose teams, for some reason, can no longer fulfill the requirements of the #exchange and, in general, do nothing to develop their projects and structure the “promised narratives” 🕐 . I described this to you in simple words here . And having analyzed in detail why this is all happening, I want to publish for you theses that are now important in the selection of those very coins for Xs 💎 You may have to look for them yourself, so use this information wisely :
🟡 New regulatory requirements
🟡 Level and quality of development activities
🟡 Network/smart contracts stability
🟡 Level of public communication
🟡 Level of team commitment to the project
🟡 Trading volume and #liquidity
🟡 Stability and security of the network from attacks
🟡 Contributing to a healthy and sustainable crypto ecosystem
🟡 Evidence of unethical/fraudulent behavior or negligence
🟡 Prompt response to our periodic due diligence requests
Now on almost many exchanges, including BYBIT and BINANCE , several hundred charts altcoins simply push the price to new and new “bottoms,” periodically “shooting upward” creating an imitation of a reversal. Why does this happen, do you think? 🤔 ? While you're thinking, I'll answer:
➡️ the team’s reluctance to invest in price action ( the main reason why the alts of the previous cycle are lying in a hole )
➡️ problems in tokenomics ( many rounds with unlocks that endlessly push the price lower and lower, creating “volume”)
➡️ the project uses non-competitive technology
➡️ the team sucked money from the project in previous cycles
➡️ inability of the team to influence the price of the token (no money for marketing and market makers for the project)
➡️ the team continues to suck out money, spilling new tokens into the glass under imitation work;
Remember - the market changes and so does technology .
Therefore, such exchanges as BINANCE and others are trying to launch the trend of a new trading format, so that “fresh retail” that came to the site from slippers or social media. networks - I saw in front of me only live charts that you can trade, and not sit for years in “accumulation” and worry.
#Delistings of these coins➡️ will then serve as a driver for the transition of liquidity into fresh narratives, ideas and trend projects ✅ Therefore, I do not focus on what is already on the market. I’m not focusing now on where many people are looking for an opportunity to make money, but it just doesn’t work out.❌ Right now I am trying to find for myself, first of all, coins that will give me ten or even a hundredfold profit💸 (as it happened to me in all previous cycles). What happens next - read this post
In the current crypto market cycle, it is required ➡️be careful when choosing altcoins , because 99% are outright shitcoins, which in fact have no value and will not be able to prove themselves in the long-awaited altseason 📅 Therefore, I ask you to be smarter ! Don’t look where it’s cheap or expensive, look only for strong and fundamental projects 🪙 Study them, go deeper. After all, they are the ones that interest the big players. And where the big money is, you should be there, and only then will you earn money , unlike the majority 🤑 !
That's why I spend so much time 🕓 to study and search for those same Gems, I conduct my analytics in detail to search for 1% of diamonds 💎 among 99% dust. This is what I focus on, do this and share it with you.
I hope that you appreciate my work, and your reactions ❤️👍🐳 will be the best support for me !
🟢 #MiCA