Wall Street trading ideas for selecting high-quality coins [Read patiently, you will start a profit model]
If you want to make money by speculating in coins, it is nothing more than buying low and selling high, but most investors find that they just bought it and it did not rise but fell. Why? It's very simple. That's because the price was already very high when you bought it. The dealer is shipping, and you become a receiver. In the end, you are stuck there. After a long time, you can't stand it and cut your losses, resulting in losses. So how can you buy high-quality coins? After a certain period of time, it can generate several times or even dozens of times of income for you. In the final analysis, coin selection is the key. Coin selection is not to follow the crowd. Others may buy when the price is very low, but you, so you must have a complete set of coin selection ideas. Let me teach you from which specific aspects to comprehensively consider whether a currency can be bought!
1. The circulating market value and total market value should be low
The total market value of the public chain should be less than 50 million, and the dapp protocol should be less than 5 million. It is easy to understand that the circulating market value should be low. If the market value is not low, the space is not large enough, the lower the better. Why must the total market value be low? That is because the tokens will be released slowly in the next 1-2 years. If the total market value is not low, it means that the project party does not need to pull the market, and can get rich by shipping horizontally. In other words, even if it drops 10 times, there will still be high prices and profits.
2. The ceiling of the track must be high
At least the valuation of the big bull market must reach more than 1 billion US dollars. If it is a meme coin, you can refer to Dogecoin. If it is a public chain, you can refer to ETH, SOL, and MATIC.
3. New narrative
Don’t participate in tracks that are too unpopular. It is best to solve practical problems. The new narrative must be long-term value discovery, not short-term cyclical speculation. For example, the current AI GPU computing power narrative, a safer, faster and more decentralized public chain, and several track infrastructures such as the Metaverse Chain Game AR.
4. The dark horse coin must be in a place where no one cares
The coins known by the whole network are basically high opening (ICP) or normal valuation (ARB). Do you think their unit price can increase 100 times? When the market opened, the total market value was in the billions or tens of billions. Let alone a 100-fold increase, even if it increased 10 times, it would catch up with ETH and BTC.
5. The liquidity of the early 100-fold coins was basically very poor, and they were generally on the chain
It is too troublesome to buy, so I don't participate. These are all superficial phenomena, and the essence of value is not seen. Binance has no threshold, but it is difficult to make money on it. All shipments are made after the launch.
6. Low unit price, more zeros after the decimal point
If the unit price is tens of U or hundreds of U at the beginning, more than 80% of the leeks will be scared away. Especially in the big bull market, those who run in are all new leeks. They only look at the unit price and don't understand the market value. The unit price of Meme coins and public chain coins is very low at the beginning, and 3-5 zeros are normal.
7. It is best to be a public chain or a head protocol on a public chain
The best way to make money in the currency circle is the public chain. In the 21st bull market, more than 10 public chain coins with a hundred times increase have emerged, including sol, matic, avax, and sol, each with its own advantages. There are also many head protocols, such as uni, aave, cake, xvs, etc. The public chain has always been a hot topic, and it has always been about building an ecosystem and market value.
8. The founder, team background, and investment institution should be reliable
The founder should preferably be a celebrity in the cryptocurrency circle, such as the Ethereum core team. Having a well-known institution participate in the investment is equivalent to having an additional endorsement. The amount of financing and project valuation are also very important. Good public chain projects are generally valued in the billions.
9. Those that violate the logic of value investment cannot participate
What does it mean to violate the logic of value investment? For example, AMPL and a deflationary token on arb before. The more you hold the coins, the less you have. Whenever you see this, no matter how innovative it is, don't participate at all. In the end, it will definitely be a mess and you will be cut off completely. AMPL cut off many big Vs. If you think you are a natural fast runner, then ignore what I said.
10. Try not to participate in old coins unless there is a very strong new narrative
For example, RNDR and CFX in this round are old coins, but their narratives are very good, perfectly fitting the main theme of this new round of bull market. The former spans the hot spots of several tracks in AI GPU NFT chain games AR VR metaverse, and it is a basic setting that is difficult to be eliminated. The latter is a better, faster and safer public chain, and it has the resources of the national government behind it. In addition, Hong Kong is going to become the center of the new round of WEB3.0, making CFX the core target of Hong Kong's hot spots. Putting aside the Hong Kong hot spot, it is also a relatively good public chain, and it also has its own ecology and value.
In any industry, insiders make money from outsiders. They don't understand trends, investment strategies, or systematic investment methods, and are unwilling to learn from experts. How can they successfully dig for gold in the financial market with the most smart people?
