First: the market value must be low! The market value calculation method is to multiply the liquidity by the unit price to get the market value. The specific standard is: the currency with the 20th market value today has a market value of 11 billion U.S. dollars. Therefore, if the currency you bought wants to increase to 100 times in the future, today’s market value is best Within 100 million U.S. dollars, if its market value today is already 10 billion, it would be difficult for you to expect it to increase 100 times in a short period of time. Counterexample Shiba Inu Coin.
Second: Today, this project does not receive much attention from everyone, and is even disliked by most people. Many people are unwilling to buy it. At least it's not overly marketed today. There is a classmate in the group named, who buys when no one is interested and sells when there is a lot of people. That’s what Musk said. I like it very much. Over-marketing is deception. Buying coins is the same as buying products. Good things don’t need over-marketing.
Third: There are expectations of being hyped in the future, or unique selling points, such as the metaverse, Web3.0, defi, artificial intelligence and other sections.
Fourth: There is the possibility of practical application in the next 3-4 years, or the ability to continue to make profits, or his dream must be big, and there is a high probability that he will still be alive.
How to increase the probability of winning?
First: Cast a wide net. The probability of buying one is very low. You can buy 10 or 20 coins at once. It is not recommended to exceed 30 coins. If there are too many coins, you will not pay attention to choosing coins, but the probability will decrease.
Second: Hold on if you buy it, don’t sell it easily. If it rises by 20%, you will sell it. No matter how much the currency rises in the future, it will have nothing to do with you. A 100-fold increase is definitely not accomplished in a day or two. It usually takes more than half a year. Patience is key. The time to sell must be when there is a lot of buzz, and it is a bull market to sell.
Third: Try to choose to enter the market in a bear market, especially those projects where the project party or team is still actively doing things in the bear market. Based on the previous experience of 100 times the currency, good project developers will do things in a down-to-earth manner in a bear market, without being affected by market conditions and external interference. Project parties that also understand marketing and publicity in a bull market will do so.
Fourth: Efficiently use currency circle tools and data websites: These coins may not have been born yet, or they may have already been released. They are in a decentralized exchange or a centralized exchange. If you want to find them, You need to be able to use various currency circle tools and have the ability to collect information efficiently.
Fifth: It is not necessary to participate in early short selling, early crowdfunding, private placement, etc.? You can go to the secondary market to find it, which will be the most efficient. Because most projects cannot survive the secondary market at all. The secondary market has already screened many projects for you. With 100 times the possibility, timing is crucial. If you buy the right one, you will be profitable in the long term and there is no holding cost. . Will not be consumed.
Secondly, how to choose a golden dog in an era when earth dogs are everywhere?
First, a golden dog,
1. The name should be good. A good name is half the battle. The currency circle is about impulsive consumption, and a good name brings its own traffic.
2. Keep the gimmick alive. The currency circle is prone to herding and fomo emotions. Therefore, a coin that is full of gimmicks is more likely to attract attention and spread more easily.
3. Floor application. Although the currency circle is a casino, there are scams and Ponzi scams everywhere. However, in this market, blockchain and decentralization are the future direction
In this field, the benefits of value investing only need to be done right once. Ethereum’s Buterin is an example. #BTC