Investing in crypto especially altcoins is simply the following 4 things:
1. Find a reputable platform and token of a reputable project to play
2. Look at the token usecase, tokenomics and how the project works to see where the dev and fund will make money from. 99% is from token release
Remember clearly before releasing, you must push xxx to create greed to have liquidity!
3. Find a nice entry with the right price and the right time to play (just compare the price correctly, including comparing with the project most similar to it, comparing with other newly launched projects,... $ALT For example, 300m is a very nice cap)
4. Plan where to HOLD, when to hold, where to hold?
- Why hold here - because now is not the time for maximum fomo!
- Why hold until the target around 2025 - because that is when the whole world will spend money
In addition to how to HOLD, you must know what DCA is like, most of you lose because you deposit money to make liquidity - DCA to death during the bull season!
Those who win wait for a good opportunity to make money, not to collect goods for fear of missing the train or making liquidation - if you don't see an opportunity to make money, then sit and wait!
