The journey into the crypto jungle - PART 1

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All of us were disappointed at least once because we didn't buy bitcoin when it was equal to many cents.
All of us were disappointed when we realized we knew bitcoin before the buzz and before it went viral, and even there, we didn't buy it.

Is the chance for making dozens of revenues percentages already gone? absolutely not!
There is a variety of new coins & tokens in the market, and every day at least one is multiplying itself 10 times.
All you need to do is... recognize it before it explodes.
easy? not really.

After I bought BTC for a quarter of its' current price today (will never sell it), and after I multiplied five times my XMR value, I feel absolutely ready for the next challenge - the real crypto market, or as I like to call it - the crypto jungle.
Trading in the crypto jungle is actually to deal with every coin and token in the market, as long as it is traded at least in one exchange. It's more than buying it because you heard about it from a friend, it's more like digging in a lot of information - about its' team, its' vision and its' goals. You actually need to act like an angel investor - you have to predict what will go better, and what will be a determined failure.

The goal: to recognize promising cryptocurrencies before it goes viral.

The plan:

1. Learn how to make the social media as works for me - follow the best crypto professionals, the co-founders of the known cryptocurrencies and the known exchanges, in order to keep myself updated in the last news. In addition, in order to predict future trends, use the Twitter & Reddit platforms, and identify strong communities.
2. Choose numerous parameters to check for each selected cryptocurrency:

• The team - who are the people who run the project? what did they do in the past? did they have a positive reputation? did they take a part in other crypto projects? how are their social media profiles?
• The roadmap - is the roadmap is achievable? did they achieve their previous goals in time?
• The vision - do I believe their vision? is it possible to see the project as a part of the future of the crypto? is it an alternative to an existing currency, or it's a definitely new?
• The features - are there other projects similar to it?

1. Learn about at least three cryptocurrencies every week, in order to know better the crypto world. Furthermore, learn about the bitcoin & ethereum engines, how they work and what is the differences between them.

In my blog, I'll share every couple of days about another part of the journey, and also about promising coins I recognized during the journey.

Which cryptocurrencies do you think will go viral in the coming future? share your thoughts!