Quote from: _BlackStar on December 19, 2023, 10:25:48 PM

Most 100x returns from new projects are due to hype - so if you want to take advantage of this opportunity, follow the hype. I'm not necessarily suggesting you do - but you should be able to maximize your own opportunities and manage your own risks.

If someone knew which project would give them 100x profits in no time - then I 100% believe that they wouldn't bother telling you because they would be very busy getting more budget to put into that project. The problem is; everything is speculative and no one knows the future.

I'm afraid so. Most altcoin projects are a passing fad as they're driven by hype instead of utility. Those who manage to get in early will reap huge benefits in the long run. Current projects are eventually replaced by newer ones as investors/traders look for the next big thing in crypto. You can see why oldies like Litecoin and Monero aren't getting much traction these days. It's because greed has dominated the market for long.

New coins (memes, smart contract blockchains) is where the money is. If you really want to make quick returns, then I'd suggest you check Telegram/Discord for updates. Any annoucement of a major event will surely drive the coin's price all the way to the moon. Just don't invest more than what you can't afford to lose and there should be nothing to worry about. Grin