The bull market is here. How should I select valuable cryptocurrencies to ambush?
Let me share some tips on finding potential digital currencies:
1. Pay attention to newly emerged coins in the past two years; do not be overly reliant on old coins that have already surged high. New entrants often have a better chance to shine in the future. At the same time, avoid overly niche areas that have too little attention. Choose coins that are innovative and can solve real problems, as this innovation should bring sustainable value rather than just short-term speculation.
2. Look for smaller market cap coins (for example, those under 500 million USD) with limited issuance, and ensure they are fully circulated and have stable fundamentals. Such coins will have more room for growth in the future.
3. Check the background of the team and whether there are big institutional investors involved. This not only boosts confidence but also indicates the quality of the coin. Of course, in addition to assessing the coin's value, one must wait for the right timing. Distinguish between when it is speculation and when it reflects real value. Truly valuable coins will see their prices rebound after speculation; while worthless coins may never recover.
4. The token distribution rules should be reasonable, and it’s best to control the circulating supply to 60-80% to avoid market shocks from massive sell-offs.
5. Choose large projects ranked in the top 200 by market cap, and don’t blindly follow niche projects. Large projects are more stable and have a greater chance of making significant progress.
If you like contracts, enjoy studying the market, and researching technology, click on my profile. I have years of experience in the crypto space and share tips for free. I'm waiting for you in the circle, always online, welcome to discuss and progress together.