Crypto 100x gains coming everywhere. April 2021 is the start of the big move.

Image by Megan Rexazin from Pixabay
  1. Immutability. Nothing can be changed. The maximum number of bitcoins is hard-wired at 21 million. There is no other liquid and easily investable asset class that has this feature. It is unique.
  2. Regulation. Bitcoin and everything around it is heavily regulated, e.g. by FinCEN. this means that institutions know where they stand. They know the rules.
  1. Small cap. it is far easier for a coin with a market cap worth $100 million to go to $10 billion than it is for a $1 billion coin to go to $100 billion. The smaller you go, the greater the upside potential, but also the greater the risk.
  2. Solves a real-world problem. Look on CoinMarketCap or CoinGecko to see what the use of the coin is. Do you understand it? Could it be useful to you or to someone you can think of? A good example of a coin with a use was mentioned in my last blog (GET is used in pop-concert tickets on your phone to prevent scalping). Another example of a coin with a use is TrustSwap. By owning a certain number of tokens, you are given priority in new issues (or ICOs, / IDOs), as they are now known, and you will also receive free airdrops of new tokens or coins from time to time. Of course the biggest alt-coin with a use is Ethereum. Eth is needed to pay GAS fees whenever you execute a smart contract — e.g. to exchange one token for another, or to stake a token to earn interest. There are millions of Ethereum transactions daily, all of which require GAS. In some cases the use of a coin is quite limited. For example there are coins which are not actually needed for anything, but which allow you to vote on changes in the software. I call these “governance” tokens. They are not much use to me, so I wouldn’t buy them.
  3. If you can find a coin which is actually in daily use now, so much the better than a vague promise that they will have a working product “soon”. Sometimes the projects prove too difficult to complete and or team members abandon it before it is finished.
  4. Use adoption is growing. Simply put, you want to see new users of the token arriving and using it.
  5. Large untapped potential market. Ask yourself whether the planned market has a lot of potential left. If it has, that’s a good signal.
  6. Coin supply is fixed or sinking. Ideally you want a coin which isn’t going to be massively inflated as soon as the price goes up. Look for a fixed supply where most of the coins are already circulating.
  7. A regularly updated website. I like to see recent updates, explaining recent and upcoming developments. This shows you that the team have not abandoned the project.
  8. Faces. I want to be able to see the faces and bios of the team. Be wary of cryptos where you are not absolutely sure that the team is real.
  9. Community engagement. A good crypto will have a strong community on Telegram who will welcome you and help you understand the tokenomics and be able to answer your questions. If all they have to say are things like “to the moon!!!!”, then there is probably nothing worthwhile saying. Look for project members in the community chat. Are they there? Are they answering questions intelligently?.
  10. Elevator pitch. Could you explain to someone in four of five sentences why the crypto has a value? If you struggle to do that, you either need to study it more, or walk away.

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