What is my investment strategy? Unlike a lot of people, I follow some behaviour patterns. Before investing I ask my self, what am I chasing? Like most of the people, I chase eventually money because that’s all the point of investments: a profit. So what does that mean? It means that I am not chasing anything that will conquer the world or will become the next Amazon or something like that. I am looking for something that will produce me the biggest profit. Therefore the top 100 coins/tokens (according to CoinMarketCap) are not an option for me at all, why? because even if it manages to get hundreds of millions (the top of them even billions) it will not bring me such a high percentage of profit. For example, if Bitcoin increase by 100 billion dollars (which is 1/5 of the current market cap) then it will not even double the profit (if I put 100 dollars I won’t have 200) even not close to this. But, if a small project such as Jetcoin which I find very promising, useful and influencing increase by 20 million dollars which is 1/25,000 of the market cap; the profit percentage will be 10x (if I put 100 dollars I will have 1,000 dollars). So that’s pretty much why I rather focus on small projects with a lot of potentials (not to conquer the world or worth billions, just to multiply themselves a couple of times). If you ask me, I would tell you to go for 2m ~ 10m market cap projects which I find the best range of investment. And that’s right, market cap doesn’t mean anything but when the market cap is 100bin then the volume is extremely high and the price is harder to be changed than projects with 2m market cap and less way volume which make the price easier to be changed and with the right choice for the positive way.
So now that we agreed to look after small projects only for higher profits. We are asking ourselves, what kind of small projects are we looking for? Let’s be honest, blockchain is a new technology although it exists for almost ten years there are not much of people who can make such a good coin on such a great blockchain which is all the point of a coin. Even the best coins have their own problems although they got a team of professional developers with a lot of knowledge, it is also about time to beat the previous technology so let’s say blockchain technology isn’t really an option for us. Which is completely fine given the fact that we got many other alternatives and the best one so far is the ERC20 tokens which mean easy tokens made relying on the Ethereum blockchain. Ethereum blockchain is the biggest blockchain, bigger than all the other blockchains together (for n0w) so they know what they are doing.
Thanks to Ethereum, nowadays you don’t need to know programming so good in order to make a successful project with a good working platform that can serve millions of people. Then, what are we looking for? We are looking for a unique idea of passionate hardworking team and a full detailed whitepaper so we know what they want and how they are planning to achieve this. It might sound complicated but it’s not.
Alright, that’s what we want: low market cap, ERC-20 tokens, a clear detailed vision with a hardworking team.
So what are we doing now? Sometimes, most of the tokens will not be listed on known exchanges such as Binance or Bittrex but it’s completely fine because you have to catch the big before it becomes big. So, not comfortably you deposit into small exchanges or less comfortable exchanges such as (OKEx, HitBTC, Livecoin and etc.)
After you got X amount of those tokens you withdraw them to your wallet that supports ERC20 tokens, the most known ones are MyEtherWallet (highly recommended), Ledger Nano S, Trezor and etc.
And from that moment, you keep following the project through the social media such as Telegram (highly recommended), Twitter, Reddit and etc. If you feel like you can help the project by spreading out the world out, don’t be shy; one useful post on reddit (/r/Cryptocurrency) can expose the project to a huge audience and have a huge effect. So eventually all you need is some patience and you will have your safe, organic profit growth while focusing on other things. Finally, I want to share with you some tips I believe are useful for any strategy investment you chose.
Investment tips:
• Less actions (withdraw, deposit, trade..) are better.
• Buy RED sell GREEN.
• Patience is they key
• Make your own extensive research (read whitepaper, check social medias, google it, ask people, ask on telegram..)
• Know your plans infront, you need to know what is your goal (when you want to go in and out), risky or safe.
• Don’t worry about getting into small exchanges but always HOLD in your wallet, exchanges are never safe.
• Don’t chase the big ONES they are already big.
• If you are in rush to buy something before it moons then don’t because it probably will go down, and you never need to feel rush to invest into anything.
• Value your profit according to BTC & ETC’s rate.
• Avoid daily trading, it is rarely to profit like that (especially in the cryptocurrency). You are not different!
• Don’t buy all at once, try to buy at some parts to make sure you buy at the best price you can. (25%, 25%, 25%, 25%)
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friend, your post in genial, you have a good future in this platform, continue, i give the welcome to steemit, i follow your profile
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