In the past, we could say that the market value of the coins listed on #Binance would be between 20-50 million dollars with their circulating amounts and these could bring very high profits over time.
Most of the listed projects now have a market value of $1-2 billion. Their FDV is generally 5-10 billion.
The number of investors in the cryptocurrency market has increased significantly compared to previous seasons, but the gap from around 20-50 million dollars to 1-2 billion dollars is too much. Even the 100-200m range is acceptable in my opinion.
I don't know if I'm thinking wrong, but Circ. It seems to me that products with this much MCap cannot increase more than 5-10x from the point where they become horizontal after listing.
For example, you have a budget of $10,000 and you want to spend $1,000 on such products. If the project does 10x, you can earn as much as your starting capital. However, when you see that many projects in the market increase 30x 50x and these coins barely increase even 2x, how long can you hold that coin in your hand? Example #ARB
This is the situation at $ARB . There are also many similar ones. Personally, rather than investing that $1,000 in a single coin, buying 10 different coins with medium risk at $100 will increase the potential gain more. Whether it is 3x or 50x, it is easier to make 20x profit on average than to make 10x profit with a single coin.
In addition, waiting with a large variety of baskets is psychologically more comfortable than waiting with a small variety of baskets. It does not make you panic during declines, but makes you happy during rises.
