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Ualifi Araújo
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Bullish
Every Saturday I dedicate ALMOST the whole day to answering my DMs on INSTA and answering people's questions.
There are some mistakes that people ALWAYS make, and one of them is: BUYING a coin just because it hasn't gone up yet. Let's talk more about this...
Today, I asked ALL the coins that I found "nonsense" to be in a profitable Portfolio. Why did you buy this one?
And do you know the answer? "- BECAUSE it didn't go up more than +20% from the bottom, and it's % away from the ATH 2021". So let's get to the important part.
It's NOT because a coin has 1000% to the ATH that it will get there, although many will do it, some others won't have the same success. So how do you increase your chances of being in one that will get there?
Answer: YOU should check what the project has updated or improved in this bear market. The bear market is where most good altcoins make significant changes and fundamental updates in order to bring new features and functions, attracting new users and keeping their purpose alive.
If a coin has been around since 2021 and has done nothing new and has not progressed in terms of building its ecosystem, then it is doomed to failure, and it is probably low because it has done nothing to attract new users, unlike a coin that has updated, built, evolved and activated new functions.
If you have a coin that is constantly being built, and is still at low prices, take advantage and get in, the masses will soon arrive. However, if the project is just with the same proposal as in 2021 and has not activated new functions, then it will not perform as well as it did in 2021 because back then it promised something and now it has not delivered, and the vast majority of people do not fall for the same trick twice, only the minority... so make sure you are not on the side of the minority in this case.
You will only know if a project is good if you research it and understand its proposal, so do it!
The market is constantly evolving, don't forget to evolve with it ✊🏻
There are some mistakes that people ALWAYS make, and one of them is: BUYING a coin just because it hasn't gone up yet. Let's talk more about this...
Today, I asked ALL the coins that I found "nonsense" to be in a profitable Portfolio. Why did you buy this one?
And do you know the answer? "- BECAUSE it didn't go up more than +20% from the bottom, and it's % away from the ATH 2021". So let's get to the important part.
It's NOT because a coin has 1000% to the ATH that it will get there, although many will do it, some others won't have the same success. So how do you increase your chances of being in one that will get there?
Answer: YOU should check what the project has updated or improved in this bear market. The bear market is where most good altcoins make significant changes and fundamental updates in order to bring new features and functions, attracting new users and keeping their purpose alive.
If a coin has been around since 2021 and has done nothing new and has not progressed in terms of building its ecosystem, then it is doomed to failure, and it is probably low because it has done nothing to attract new users, unlike a coin that has updated, built, evolved and activated new functions.
If you have a coin that is constantly being built, and is still at low prices, take advantage and get in, the masses will soon arrive. However, if the project is just with the same proposal as in 2021 and has not activated new functions, then it will not perform as well as it did in 2021 because back then it promised something and now it has not delivered, and the vast majority of people do not fall for the same trick twice, only the minority... so make sure you are not on the side of the minority in this case.
You will only know if a project is good if you research it and understand its proposal, so do it!
The market is constantly evolving, don't forget to evolve with it ✊🏻
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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