Is there really anyone who has become rich overnight by relying on altcoins?

In 2021 HTMOON, a young investor in a mountain village made a profit of more than 5 million yuan with a capital of 5,000 yuan, realizing the first pot of gold in life and becoming rich in one order!

In the currency circle, as long as you can accurately capture the 100x or even 1,000x coins in the altcoins, you can become rich in life!

How to capture the 100x coins in the altcoins?

If you wait for it to appear, then the 100x coin is destined to be out of your reach. Only if you lay out it in advance, it will eventually benefit you a hundred times.

Next, let's talk about the dry goods text!

1. How to find potential 100x coins?

Finding potential 100x coins is like finding a partner. You have to know where to find it. My usual method is to sort in the non-small app and find currencies with a market value of less than 1 billion. It is best to have a market value of less than 500 million. If you want to set a market value range, it is 100-500 million. As for the market value of 500-1 billion, it has a certain popularity.

In the bear market cycle of the cryptocurrency circle, there are still 100-500 million market value, which means that the project is not over yet. These currencies are what you need to consider ambushing and planning.

2. How to screen the potential 100-fold coins

After finding our currency target, we need to screen it. You can't ambush it with all currencies, otherwise you are destined to be a sucker.

(1) Check whether these currencies are listed on OY, Binance, or Matcha. This is related to its popularity and also means the probability of its running away. The usual order is Matcha→OY→Binance. See if it is listed on all or only one or two of them.

(2) Investigate the founder of the currency

The investigation here does not require you to meet in person, but to understand the identity, background and experience of the founder of the currency.

For example, is it from your own country or a foreign country. If it is from your own country, be careful. There are many cases of running away like Radar Coin doing CX.

For example, whether there is a history of successful entrepreneurship or successful projects; if so, it means that the founder has a certain financial strength, which can reduce the risk of cutting leeks.

(3) Choose new coins that will be listed between 2022 and 2025, with fewer locked-in shares;

(4) See which sector the coin belongs to

For this, it is recommended to refer to the principle of buying new rather than old.

3. How to plan for coins with 100-fold potential

(1) After searching and screening, you will definitely have a list of some coins.Then the next thing to do is to control your position. You should not be all in these currencies.

Although buying BTC and ETH is not a hundred times, it is no problem to buy ten times, and it is a proper ten times; for such a large position, you must give BTC and ETH!

(2) Buy when BTC has a major correction. The current BTC price is 27,200+, which is definitely not the best time to buy. This time will appear in the second half of this year. One thing to understand: 80% of the time in currency trading is waiting, and 20% of the time is trading.

(3) After buying, it will either double a hundred times or return to zero! When it makes a profit of 10 times, you should start paying attention to it; when it makes a profit of 20 times, you should start taking profit-taking actions in batches.

When it is 30 times or 50 times, you have to learn to cash out and then trade in other currencies or withdraw money to leave! I would mostly choose the latter, otherwise why would I come to the currency circle?

4. Review + summary

After a series of operations, you have to review and summarize more, and your operations will be more superb next time!

In addition, don’t wait for 100 times before selling it. Taking profit in batches would be a good choice. After all, coins like BOME that are worth a thousand times are really rare.

If you think this analysis article is helpful for you to understand the current market situation, please like it and forward it and comment. This is my biggest motivation to keep updated!