In addition to BTC and some high-market-cap track leaders, there are several general ideas for selection:
- The market value should be small, preferably below $100 million, or even below $10 million (especially for projects that were not invested by large institutions in the early stage). The advantage of a small market value is that when good news comes, its price is more likely to rise sharply, and the chance of a 10-fold increase is greater;
- The project party needs to continue to advance the work, the official media is constantly updated, the technical code is continuously optimized, etc., all of which help to enhance the potential of the ecosystem and may lead to the outbreak of the project;
- The project is best to have a certain concept, even if it is just a small outlet, it may attract a lot of attention overnight;
- Ideally, the project is still in the primary market stage and has not yet been launched on the mainstream exchange;
- Do not invest heavily and avoid concentrating all funds on one project;
Although the opportunity to get rich in the industry is becoming increasingly rare, it is still greater than in other markets. For large funds, it is best to focus on long-term holdings of mainstream assets (such as Bitcoin), while other funds can diversify their investments and look for potential opportunities. The rest is to learn to wait patiently. Mastering waiting will lead more than 95% of investors.