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How I accumulated my wealth by looking at pages 10 and beyond on Coingecko

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by COINS NEWS 276 Views

Being early is everything in crypto, so it baffles me that people buy top 50 coins and expect to get rich. These generally have 2-3x potential at best in any reasonable investor timeframe, while lowcaps have 100-500x potential. Of course you buy lowcaps.

"But it's so risky!" you may object. Well, here's the thing: that risk can be managed by looking at some key factors before you invest in a project:

  1. Is the team doxed? If yes, continue
  2. Is the initial distribution and tokenomics reasonable and transparent? If yes, continue
  3. Does the project belong to a category with one valuable project at the top and several smaller ones? If yes, continue. The move2earn category is a good example. stepn is at the top (don't invest in that) with several interesting lowcaps (invest in the unique ones)
  4. Does the project have differentiating attributes? If yes, continue. If it's just a fork, stop now.
  5. Does the project have an active non-price-chat community on Telegram and other socials? If yes, continue
  6. Is the project solving hard problems? If yes, continue
  7. Is the fully diluted market cap below $15M? If yes, continue

If your inquiry survived all 7 points, congratulations! You're early in a project that has a good chance of becoming very valuable.

Reasonably unique lowcap projects tend to do 20-200x. Make sure you formulate an exit plan and stick to it.

Lowcaps are risky, yes, but risk can be managed. I made my wealth by putting a decent chunk of money into a handful of projects fitting the 7 bullet points, and I recommend everyone giving it a shot.

Good luck!

submitted by /u/nugatty
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