Yesterday I bought the bottom of $NXPC, which was about 1.3u. I pushed a few people, but I didn't expect that $NXPC could still rise after the market fell sharply:
The reasons for buying are simple and simple:
1. The price of 1.3u has no room for decline. You can see it by looking at the K-line;
2. There was a news yesterday: Tencent is studying to acquire game developer Nexon for $15 billion. If the acquisition is successful, $NXPC will benefit;
3. After the news came out, the price of the currency did not rise at all. I wondered if it was true. After searching for a while, I couldn't confirm whether it was true or not. Then refer to the first point. Even if it is false, it will not fall much. Therefore, whether it is at this position or in the future growth, $NXPC is a good target;
What kind of projects can be bought?
1. First of all, you should establish a consciousness that most of the altcoins are not worth buying. This means that you need to spend a lot of time to find high-quality targets in a large number of junk coins. More and more altcoins will reduce people's attention to high-quality targets. Gold needs to be carefully studied and discovered;
2. What is the basis of a good project:
The fundamentals are good, and it is classified into which track in the subdivided field;
The shareholders and team backgrounds must be strong, because investment is to invest in people. If the people are right, you will get twice the result with half the effort. If the people are right, the resources are right; pay special attention, this is not an investment institution. Of course, a strong investment institution is a plus, but it is the second judgment indicator compared to the team;
3. Strong banker coins
The banker has money, a big pattern, is willing to pull the market, and has a greater market value management goal, rather than the little things in front of him;
4. The narrative is on a big outlet, or it can cross the bull and bear markets. Sooner or later, the outlet will be on your head. This kind of project depends on whether it has its own profitability and where the cash flow comes from. Instead of relying on selling coins to support the team, this requires studying the project's business model and profit source;
5. Look at the project's capital operation capabilities
In addition to the resistance of its own products, whether it understands market operations and capital operations, such as traffic delivery, community delivery, and the ability to go to major exchanges such as Binance and Korea Exchange, etc.;
Projects based on the above points will be the top priority of investment research. Slow is fast, dig out the rose of time!
