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RE: How to Find Cryptocurrency Assets - that will Succeed - Before They are Popular
Good and informative article, thanks. One tip that I personally can't emphasize and share often enough:
It is not too much about team, project or communication. The MAIN thing is hype in this market. Try to find coins which have news coming up where people get excited for before they are made widely public. It is difficult but can definitely be worth the extensive research.
Another difficult decision to make is then if you want to hold or "sell the news". Often the price takes quite a significant drop once the news are actually out / the hype is over. But on the other hand the news might be big and the price surge! It could be a good idea to take profits at this stage and then "gamble" with whatever you have left in the game. Good luck!
Hype is a gamble. While team, concept, and functionality may not always win, in the field of investments, they have the best shot.. If you have team AND hype, its to the moon. If all you have is hype, you'll never know when to get out before the crash. Just my opinion..
Very true. The trick is to predict the hype, basically to be the first one before the hype starts. And that is often a pure gamble, I agree
@songminer I agree with you. Thanks for sharing your ideas. Upvoted your comment. @gold84
@schwmm thanks for your comment and suggestions. @gold84
@songminer I agree with you. Thanks for sharing your ideas. Upvoted your comment. @gold84
like steem is getting hyped at the moment :)
It applies more or less to all coins and tokens. Just the bigger ones are slower moving than small coins with small market caps & volume