How To: Finding Profitable Coins Before the Hype

I want to share a pretty easy idea I found on how we can find profitable coins before the hype. How to find them by numbers and by also using your own customized risk assessment.

Have you seen Moneyball? Great film. Kinda like that. Except in today’s world, we don’t need to spend time creating algorithms for what’s already been done. See #1.

1. Use a reliable stats/ranking site and compare it to the market cap. I like using coingecko.com for ranking updates and coinmarketcap.com for market cap updates.

2. Find a coin in the top 50 ranking, but also under the top 100 in market cap
   (Or adjust how you see fit)
   Example: Steem Dollar currently ranked #37 on coingecko and #339 in total market cap @ around 37 million market cap.

3. Customize your finds/ customize your risk

4. Ideas for #3

• Eliminate new coins

• Eliminate coins that change vision a lot

• Add coins w/ a solid resume of development team members. Example: MIT/Harvard background.

• Add coins at around a $200 million market cap

For me, at the present moment this leaves Vertcoin.

1. Have patience and hodl. Always a lesson.
   Example: Sia Coin. Just 80 days ago, it only cost $3600 to own 1 million of them. And yet it ranked consistently in the top 50 on coingecko.com. It was also hovering around a $200 -$300 million dollar market cap zone. It hit 11 cents recently bringing it above $1 billion. So if you spent around $15,000 just 80 days ago, you’d have hit around $400,000.

Disclosure: Do your own research. I’m not a financial advisor. Invest at your own risk and research.