How to choose and buy good coins that will grow when entering the altcoin wave?
I see that most of you already have your bags, but there are still some of you who still don't have full bags, so this is an article you must read if you don't know what coin to buy to hold properly.
For a coin to be considered good for you, it must meet the following questions:
- Which group does that coin belong to? Which story (narrative)? Ever mentioned to inflate?
- What problem does that coin solve? Is there any practical application? Can you draw a story to tell?
Like this season, I see two stories that will cause fomo: AI and RWAs.
- Are there any VCs investing? Is there any VC currently at the top?
To be safe, just choose products with tier 1 VCs like A16z, Coinbase Venture, ...
- If it is likely to become a trend, you should consider what other coins there are in that group, tokenomics?, team, is token inflation high? How much % does the fund hold? Token payment schedule? What benefits do investors get when holding...
- What is the circulating supply of tokens on the floor? The less circulating supply on the floor, the easier it is to push up the price
- And another important thing is to pay attention to what the current Market Cap is. No matter how good the ecosystem that coin has, but the cap is already high, when buying it, the profit will not be much. .
Once you have found a project according to the above criteria, your job is to add it to the watchlist and find a good entry point to enter an order.
By choosing the right Hold coin for the uptrend, you have won half the game!
#Crypto #Bitcoin
Cre: @Jani_jenus
