๐ Making big money in a short amount of time is why hunting micro-cap gems can be life-changing for small-time investorsโฆ.How to become a gem hunter
๐ Some of you are here to get rich quick and make it in one Bullrun.
๐ Whilst there are some success stories, there is survivorship bias
๐ Meaning you only hear the success stories.
๐ For every success story, there might be 5 sad stories.
๐ Gem hunting is fun, but risk management is key
๐ Common Mistakes for the Gem Hunters:-
Too Aggressive, not hedging their portfolio with stablecoins or blue chips
If BTC dips 30%, your micro-cap Coins can dip 80%.
Understand where you are in the cycle before aping into high-risk high reward micro caps
๐ Don't rely on other people and ape blindly.
๐ Develop your own intuition, your edge is built by becoming an expert
๐ Cultivate your Inner Ape
๐ Donโt be afraid to lose $$, Ape to Learn
๐ You'll get rugged.
๐ If 2/10 do a 10x & you get rugged 8x, you still doubled your money
๐ While that may be the best trade in history and not a realistic goal...
๐ The point is being early to new crypto projects can be life-changing!
๐ Finding these projects early is a skill that can be learned.
๐ Over time you will get a nose for hunting alpha
๐ It will take time to become a proficient hunter.
๐ Don't get wiped out before developing your edge
๐ Here are the things that will help you develop & improve this skill:-
Get comfortable with DEX
Coins that are listed on a Centralised Exchange (Binance, FTX, Kraken, Coinbase) usually already have a pretty high Marketcap (MC).
๐ The law of big numbers:-
if Bitcoin has an MC of 1 trillion, it needs 99 trillion to do a 100x.
๐ Some Coins with 1 million MC will need 99 million. That can happen in a couple of days in crypto.
๐ Don't want to get involved in Dex's and still find gems?ย
These will be low caps in the 10m-100m MarketCap range.
Do your own Research Before Investing in Any Coins or Stocks.
NFA
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