In a bear market, many projects see their prices collapse, but some strong projects return during a bull run to rise dramatically. The key lies in discovering these projects before everyone else. These steps will help you with that.
Look for the bottom:
The first step is to focus on projects that have reached their lowest prices in the last year or two. These projects often haven't been given a fair chance to grow, and they may be the next hidden gem.
Fundamental strength:
Make sure the project is still alive. Check the responsible team, verify continuous development, and look for realistic partnerships. A strong project is one that has solid fundamentals that allow it to withstand and grow later.
Active community:
The community is an essential part of the success of any project. A project without a community is often dead. Follow the project's accounts on X and Telegram to ensure there is ongoing activity and interaction from users and supporters.
Entry moment:
Don't rush to enter as soon as the project is discovered. Wait for a technical signal or strong news before injecting capital. Patience here is the key to achieving good returns and reducing risks.
Risk management:
Even if you are confident in the project, diversify your capital across multiple currencies. Don't forget to set a stop-loss to avoid large losses in case the market changes suddenly.
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