I’m fairly new to the crypto trading/buying realm. But what I’ve noticed is that lots of coins for a STUPID low price which are just trash. How DOGE is worth anything over $0.15 is beyond me. Either way, I purchased ~100m SHIB when it was somewhat lower, bout 3x on average what I put in (unrealized gains) but, with the amount in circulation (which I did not know until after the purchase) it’s quite clear that SHIB is unlikely to moon.
So what I’m getting at is, what is a stupid cheap yet promising asset I could look into. How do I find these new ICO’s or underperforming assets? When I see on Crypto com an asset that went up 60% in their gainers charts, I just wonder where these people getting their info to get in before hand and what moves the price.
While this is indeed temporary, I’m looking for stupid cheap but promising in long run, not necessarily moon this day and tank tomorrow
Right on brother. Don't buy meme coins with no usecases, look into what projects like ICP and XLM are doing. XLM Stellar is partnered with IBM and has many CBDC pilot projects. They are partnered with moneygram and are involved in international remittance and stablecoins. ICP is managed by Dfinity and they are building a new internet on top of blockchain technology. That means that all websites deployed on the chain gain Web3 functionality and affordable decentralized hosting. It's really competing with AWS and GoogleCloud, not Ethereum.