The bull market is here, how should I choose valuable cryptocurrencies for investment?
Let me share some advice on how to find potential digital currencies:
1. Pay attention to new cryptocurrencies that have emerged in the past two years, and don't be overly reliant on older coins that have already risen significantly. Newly introduced options often have a better chance of standing out in the future. At the same time, avoid overly niche areas that attract very little attention. Choose currencies that are innovative and can solve real problems; this kind of innovation should be capable of delivering sustained value, rather than just short-term speculation.
2. Look for smaller cryptocurrencies with a lower circulating market cap (for example, below $500 million) and a limited supply, preferably those that are fully circulated and have robust fundamentals. Such currencies have greater potential for future growth.
3. Check the background of the team and whether there are significant institutional investors involved. This not only boosts confidence but also indicates the quality of the cryptocurrency. Of course, in addition to assessing the coin's value, timing is crucial. Distinguish between when there is speculation and when there is a real reflection of value. Truly valuable coins will see their prices rebound after speculation, whereas worthless ones may struggle to recover.
4. The distribution rules of the tokens should be reasonable; ideally, the circulating supply should be controlled between 60-80%. This way, the market won't be impacted by massive sell-offs.
5. Choose major projects ranked within the top 200 by market capitalization, rather than blindly following niche projects. Larger projects tend to be more stable and are more likely to achieve significant progress.
6. Select leaders in promising sectors, such as decentralized public chains, GameFi, cross-chain technology, AI, and RWA. Don’t be blinded by temporary trends; look long-term and choose fields that can sustain growth.