Quote from: EarnOnVictor on Today at 06:12:22 AM

Quote from: a298b112 on December 03, 2024, 09:01:58 AM

Altcoins popping up like in a game "whack a mole". Some did 50%, some did 5x. Is there any methods that could be used to predict which altcoin will be next? (I guess there must be some indicators, narrative and etc.) or it is purely random game?

Let no one deceive you on the best or potentially best altcoins in performance, it's purely based on luck at this point, but if you opt for the old ones with good community, huge market cap and ranking, and track records of not failing investors like ADA, Algo, NEAR, DOT and many more, you can still gain at least 3x of your investment and the selection will be easy and skill-based. Is that not awesome?

However, if you are looking for those who will insanely rise 10x and more, then be ready to guess your way out. This is luck-based.

You're right that predicting the next big altcoin is part luck and part strategy. While some altcoins can surge 10x or more, there's no guaranteed way to predict it. However, focusing on established projects with strong communities, like ADA, ALGO, or DOT, is a more reliable approach. These coins have a proven track record, and while their gains might be slower, they come with less risk. High returns are possible, but they often depend on timing and external factors, so luck plays a big role in those big swings.