Many people find it hard to choose targets in the spot market, still holding onto inscriptions from a few years ago, reluctant to cut losses.
If you choose a good target, small funds can take you to the next level.
Lessons learned from heavy losses in the crypto space: avoid these two types of coins even if they rise! Attached are potential targets.
Avoid outdated low-market-cap altcoins! These coins can be delisted by exchanges at any time, losing your investment is a small matter, it's not surprising if they go to zero directly!
Secondly, stay away from coins with infinite issuance! Even mainstream coins like DOT and FIL have struggled for long-term potential after issuance increases, and smaller altcoins face "death by issuance"; it's better to steer clear!
Those zombie coins that have existed since 2017 (like XVG and SC) are like expired food gathering dust in a supermarket corner:
Binance clears out coins with trading volumes < 100,000 every month,
Projects that haven't updated their Twitter in over 2 years, and GitHub code that hasn't been updated in six months.
ICX dropped from 12 to 0.17, STRAT fell from 32 to 0.4—these are painful lessons.
If you want to make a profit, focus on these types:
First, undervalued coins that have been wrongly punished, like LINK and AAVE, which have the ability to rebound eventually;
Second, stablecoin sectors like ENA and CRV, which have strong anti-dip properties and are likely to be the main players this year; third, promising new coins with strong funding that will surge faster than others when the market warms up!
Beware of "infinite printing machines" and stay away from inflationary coins.
DOT has an annual issuance increase of 10%, FIL's storage miner reward pool expands infinitely, which is like your bank savings automatically shrinking every year.
DOT's circulation increased from 100 million to 1.3 billion in 3 years, the coin price must rise 13 times just to break even.
The project team uses the newly issued coins to sell off for cash, the FIL team unlocks 2 million coins every month—tricks commonly used by market makers.
LINK has a fixed total supply of 1 billion, AAVE has an annual deflation rate of 2.3%, which is what true hard currency looks like.
The market is currently quiet, with low trading volumes and retail investors lacking confidence, even large exchanges are worried. But remember, opportunities are born from declines! Be patient and wait; the next wave of opportunity will come soon!