How to choose long-term targets with more than 10 times the value?
1. Choose a track
Speculate on new ones instead of old ones. The old narrative has already risen once, and the new bull market will not perform well. For example, coins in old tracks such as BCH, FIL, EOS, YFI, AAVE, CRV, and UNI should be abandoned, and new tracks such as RWA, DePin, MEME, AI, and the big cake ecosystem should be embraced. Find the leader!
2. Look at the market value
The market value is too high. If the market value exceeds 2 billion, there is no need to buy it. There is no multiple! The market value is too low. If the market value is less than 30 million, the trading activity is low, and there is a risk of being delisted. The risk is high! For projects listed on Binance, a market value of 50 million to 1 billion is more appropriate.
3. Position management
Don’t go all in on a coin! Don’t go all in on a coin! You will die miserably! Take out 30% of the position, configure 1-2 coins for each track, and screen 5-10 coins. Sell them in the big bull market!
In summary: A good track is to increase the winning rate, a reasonable market value is to increase the multiple of the profit, and position management is to avoid risks! Even if the copycat goes to zero, you will only lose 30% of the total position, which is harmless!