Apart from BTC and some high market cap leading projects, there are several key ideas for selection:
- The market capitalization should be relatively small, ideally kept below $100 million, or even below $10 million (especially for early-stage projects without significant institutional investment). The advantage of small market caps is that when positive news arises, their prices are more likely to experience significant increases, with a greater opportunity for 10x growth;
- The project team needs to continuously push forward, with official media updates and ongoing optimization of the technical code, etc., all of which help to enhance the ecosystem's potential and may lead to project explosions;
- The project should ideally have some concept, even if it’s just a small trend, that could attract a lot of attention overnight;
- Ideally, the project is still in the primary market stage and has not yet launched on mainstream exchanges;
- Do not invest heavily, avoid concentrating all funds in one project;
Although the opportunities for becoming wealthy in the industry are becoming increasingly rare, compared to other markets, the chances are still greater. For large funds, it’s best to focus on long-term holdings of mainstream assets (like Bitcoin), while other funds can be diversified to seek potential opportunities.
The rest is to learn to patiently wait. Mastering the art of waiting can put you ahead of over 95% of investors.