Do you search for and look thru new cryptocurrencies of the day every day? The prices of newly launched currencies should have no choices other than rise to multiple times high. These currencies may not have long-term pontential. Invest 10k in such a currencies, dump them and make big money in short term.
There were altcoins which skyrocketted to 100 times higher in just days.
Very old altcoins may take very long time to achieve multiples. Even like eth, ltc. They wont go to 100 more expensive anymore. But very new cuŕrencies can.
I think top ten old altcoins have achieve saturation.
Is this your investment strategy?
Its never been considered as a good strategy but there were investors who do have this kind of mindset where shooting all in with their money into these coins
believing that they can make 100x or 1000x but these good old days were gone just like what happened on year 2017 where small or low cap coins can potentially rise up to these levels and make yourself hell of a rich guy after that but for now or to this day this kind of investment strat doesn't work anymore yet most or all of them dump after gets listed on an exchange even if you are an early investor who do have huge bonuses or discounts but still you still loss of your investment due to price drop when it gets listed and that's the common risk behind on ICO or even on IEO doesn't give out assurance and that's how investment works by the way.