Did you know that buying the mainstream coin is easy, but it is difficult to hold, and it never reaches the moon? Buying the next 100x coins means finding a suitable target that is capable of increasing its market value over a short period. Financial freedom needs a coin that increases 100 times; if you are buying a coin that already has a billion-dollar market value, how do you determine it will increase its market value to a trillion dollars?
Always select a coin that has a market value under 100 million US dollars. You can calculate the market value of a coin by multiplying its liquidity by the unit price. For example, Malina coin traded with the price of $4.38, and its liquidity is $277.2M.
Market Value = $4.38 * $277.2M = $1214.1M
If you are selecting a coin that has a market value of billions of dollars, like Shiba Inu with 11 billion dollars of market value, how can you determine if it will be able to increase its value? Just like you, many others also want to buy the coin, which increases its value over time. For example, Shiba Inu, it has already reached billions of dollars, so many people are unwilling to buy it.
Expert advice
One crypto coin expert told me to buy a coin when no one cares for it and sell the coin when the crowd has the demand for it. From my perspective, it is 80% true. Another factor is to judge the deception of the coin. Many coins in the crypto world are over-marketed, and each day you will listen to its new marketing insights. In reality, good projects never require good marketing; they go viral without any marketing support, but the projects that are not capable of delivering the good results are always over-marketed.
Technological innovation
The technology world is always in rotation and makes progress every day. This is also true for the crypto world. New concepts merge with the historic concepts and become the essential utility for the world. For example, Web 3.0, IoT, and AI are the types of new technical innovations that affect the crypto world. New coin projects emerge with the utility of important technological areas.
Prospects
In the crypto world, or for many projects, the owners are always messaging their users; you can find its practical application in the next 3–4 years. But how can one understand that this coin project can make sustained profits? Your dream is big, but this could be a high probability.
When to sell
After buying the coins, if you sell the coin when it increases 20%, then you are again left behind your dreams. Because no matter how much it will rise, a 100-fold increase is always achieved in one and a half years. Patience is key, and you can only sell when there are a lot of people, and project is in demand.
When to enter the market
Always enters the crypto world when it is in the bear direction. Pay more attention to those projects whose owners are busy even in the bear market. The best projects always have the best teams, and they always work hard and are unaffected by market conditions.
Finally, the good projects may be found in decentralized exchanges or centralized exchanges or not born yet; by effectively using the cryptocurrency tools or aggregators’ websites, you can find the right project that makes your dream come true.
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