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
maybe coins that are still cheap, I can say that Solana and ETH are still relatively cheap now and are very suitable for long-term holding and are also more promising than buying memecoins which are only temporary hype and not suitable for the long term. Many people become millionaires by buying memecoins, but there are also many who losing money there, buying memecoin is the same as gambling, you have to go in quickly if you want to buy it, if you are even a little late, you will lose your money, that's what I think, but remember, this is not financial advice, still do your own research.