Post
Topic
Board Speculation (Altcoins)
Re: Low cap altcoins best for rising price?
by
shinratensei_
on 18/01/2024, 15:46:15 UTC
I think there are some people doing something like that looking for the next 100x gems is an interesting challenge, although it takes time to analyze which project will rise next.
just following trends and seeing the timing of their releases is also important.
fairly speaking finding 100x gems gonna be difficult, the hard truth is that most of those that gained such massive increase in their portfolio are only people that have forgotten that they even have some investment made in those coins.
like the case with solana im sure so many people are forgetting that they even invested in solana when they realized that their coin gained massive increase and then proceed to cash out their profit afterwards.
because im really sure that some people that invested early are most of them already getting shaken by the first wave of pump and probably already cashed out their money early and therefore cant really get that taste of humongous solana increase.
even more so with getting some coin that might get some 100x increase that will definitely require you to have some iron will to keep that coin in your wallet for long not shaken by the pump.
I really don't understand what people classify as low cap again, some people say anything less than $10 million market cap while some people say anything less than $1 million market cap. If you are looking for 100X investment then it is not a quick flip you need to hold just like people held on to Luna, Solana, Avax and co that did 100x the last bull market, I believe any solid investment around $10 million market cap is a good buy for future hold in my opinion
Microcap, lowcap, and marketcap are subjective definitions and they will change when markets grow. Top 10 mc coins would have considered to be mid caps just few years ago. But not ANY investment for $10M marketcap is solid. In fact huge majority of them are not solid investments
agreed so many shallow investment with microcap not worth mentioning at all sometime some coin only get that low of a market cap because they only deserve that much and not because they are underrated.