How to select potential altcoins from thousands of currencies?
Investors with relatively small funds find it difficult to directly invest in mainstream currencies such as BTC and Ethereum.
Therefore, many people have turned their attention to potential altcoins, hoping to gain big returns with small funds.
In the current market with many currencies,
how to select truly potential altcoins for investment layout?
Here are some of my views and suggestions.
First of all, it should be clear that this round of bull market is different from the past. The diversity of currencies makes investment choices more complicated. But because of this, we have the opportunity to discover real treasures in many projects.
When selecting altcoins, I tend to focus on those with high trading volume but relatively small market capitalization.
These currencies tend to have high liquidity, and due to their small market capitalization, there is relatively large room for future growth.
In addition, those projects that have passed the initial coin offering (IEO) of BN.
Historical data shows that in the last round of bull market, many projects that passed the BN IEO achieved a hundredfold growth. Therefore, this area deserves our focus and layout.
In addition to paying attention to specific currencies, choosing the right track is also crucial.
Since the beginning of this year, some star ecosystems such as SOL and Ethereum ecosystem have attracted much attention.
At the same time, some emerging fields such as Hong Kong concept, RWA, modularization, re-staking, L2, oracle and DWF are also worthy of attention.
Projects in these fields tend to have high innovation and market potential.
It should be emphasized that the market always tends to hype new concepts and new things.
When laying out altcoins, we should try to embrace emerging projects and fields.
Although the old projects and tracks were once glorious, it may be difficult to reproduce the glory of the past in this bull market.
New projects and fields are more likely to attract the attention of the market, and the selling pressure is relatively small, providing more opportunities for investors.
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