🔥 IF YOU CAN ANSWER 10 QUESTIONS BELOW, THEN YOU WILL BE ABLE TO CHOOSE 1 COIN TO MULTIPLY BY 🚀100X-1000X THIS CYCLE WITHOUT NEEDING TO HEAR ANYONE SHILL ALL OF THEM👇
👉Last season, how many opportunities to x1000 did you miss? Don't regret it, this bull run season will be your chance to change your position. Now, take out a piece of paper, divide it into 2, and answer the 10 questions below to evaluate a project👇
1️⃣ If the project is a new project, or if it's an old coin, subtract 1. If it's a new project (listed after October 2023), add 1.
2️⃣ If the project's roadmap still includes many "potential" products under development (which is the key factor in determining potential price increases), then it's a +1. Financial markets operate on expectations; if the roadmap doesn't show any major upgrades being built, then it's -1 point.
3️⃣ Is the project currently being mentioned frequently by the community? Is it trending on X (Twitter) or on Discord channels of major communities?
4️⃣ Look for the token/project name on social media platforms, preferably on X, to see what top influencers are saying about the project (and its prospects). Lists of English-speaking Key Opinion Leaders (KOLs) often share interesting projects, or I can share them in the Telegram group for you to read.
5️⃣Is the DEV anonymous or not? Although many anonymous DEV projects still perform extremely well, a project that is in it for the long haul should have identifiable DEV (and ideally, DEV who have not been notorious in the past). +1 if the DEV are public, -1 if they are anonymous.
6️⃣Who are the backers, how much capital have they invested, and if there are multiple fundraising rounds, a big plus point (+1) (what matters is raising multiple rounds, raising a lot of money means a big valuation, so don't worry too much about how much $ was raised).
Ventures also range from top-tier to lower-tier, so if you can spend time tracking which projects those funds have invested in and how their ROI has been, it's beneficial. If the project's backers are all top names like Binance Labs, OKX Labs, Amonica, etc., then add 1 point (+).
7️⃣A VERY IMPORTANT CRITERION: For projects already listed on exchanges, it's essential to check their Fully Diluted Valuation (FDV) and compare it with the top project in the same niche. Based on personal experience in the current bull season, it's advisable to choose projects with FDVs around 20-40% of the top project's FDV (to avoid buying into overpriced or low-quality projects). +2 if achieved, -2 if not achieved.
8️⃣Can the project's technology approach or surpass that of the current top project? (processing speed, scalability, etc.). For meme coins, this criterion scores negatively because they don't have any technology. However, for infrastructure projects, if they meet this criterion, it's +1.
9️⃣Prospects and revenue source of the project: Does the project's token have a use case? Does it share revenue with holders? This will create motivation to buy and hold the token, so if it does, it's a plus point (+1).
🔟Has the project been listed on any CEX/DEX platforms? If the project is initially listed on #Binance or #OKX, the risks of DEX scam teams will be much lower. +1 point if this criterion is met.
=>If the project scores above 7 points, then buy and wait to get rich. Note that you should answer objectively and not let any biases influence your decision, especially if you've already made a purchase.
🎈Mini-tips:
We've stepped out of the downtrend, so being too stingy might cause you to miss out. Buying a bit higher still leaves room for Dollar-Cost Averaging (DCA) when prices dip.If a dev insists, "Buy now, and the token's price will make you a millionaire," then the dev is likely the only one who will become a millionaire. This is a red flag to watch out for, regardless of how promising the project seems.When checking community chats, ensure you interact with real people, not bots. Many projects use bots on Telegram and Discord to create fake communities—avoid these projects. A genuinely promising project doesn't need to rely on fake bots.After buying tokens, consider staking or farming them on various protocols and then forget about them. Checking charts every day won't make them x1000 overnight patience is key.
#BinanceVietnamSquare #ResearchBeforeInvesting #r100x