Some of the craziest returns of 5X, 10X, 50X, or even more are achieved by people who find new coins early on-chain and hold them as they explode in growth. Here’s how you can start researching and finding these coins for yourself 👇🏼 Finding New Coins:There are a few key metrics to look at to determine how early you are to a coin:-Market Cap:This is the most important metric to check as it directly affects how much room for future growth a coin has. With new high risk / high reward coins, you are going to be looking for gains of multiple Xs. If a coin is at a market cap of $500k then it can 20X and still only be at a market cap of $10M. However, if a coin is already at a market cap of $2M then reaching that same $10M market cap target would be a 5X. What market cap range you look for when deciding whether to buy a coin or when to take profit depends on your personal view of the potential of the coin. If you find a project with real utility in a sector of crypto with a lot of demand, or a project that offers improvements over existing products/services then you may aim for higher. On the other hand, if you were just lucky to be early to a coin taking advantage of a short term source of hype then you may want to take profits on the way up rather than hold longer term.-Liquidity:Most new coins do not launch with significant liquidity. If you are working with less capital then this can actually be an advantage for you in some cases. When a coin has lower liquidity, it means that large buys/sells will move price more. It also means that volatility will generally be greater as it takes less volume to move price significantly. If a coin has real potential but low liquidity, then entering with a small amount can allow you to be early without suffering too much from slippage. Then, if the coin takes off, liquidity can improve as more is added or it gets listed on more exchanges (centralized or decentralized) which can allow larger players to then buy as well.-Holders:You can check on-chain how many holders a coin has. Clearly, the lower the number of holders is, the earlier you are.-Age:You can also check on-chain to see when the smart contract for a coin was deployed and when it was first listed on a decentralized exchange to determine exactly how new a project is.Strategy:The easiest way to start scanning new coins and checking the characteristics I just covered is through DexScreener. Very new coins won’t always be listed on CoinGecko or CoinMarketCap yet, but DexScreener lists coins as soon as they are added to a dex. It also displays price, market cap, volume, liquidity, FDV, and other metrics to make it easy to decide which coins to give a deeper look. You can also filter all the new coins by characteristics such as age, liquidity, what chain they are on, price change, and more. There are a few reasons a coin may catch your attention: large number of trades being taken, large price increases, significant liquidity being added early on, or even just the name of the coin. Regardless, once you see a coin you want to learn more about you can click on it to open the chart and see more details. Here’s what to check next:-Name/Contract Address:You can search the name and/or contract address of a coin on twitter and do a quick scan for any red flags or or positive signs. Red flags would include credible information that the coin may be a scam/rug or that the team/dev is dumping early on. Positive signs could include an active twitter page for the project, a community around it, or traders with strong track records following/mentioning it.-Holders/Liquidity Providers:If one or a few addresses hold a significant portion of a coin’s supply it is worth figuring out why. One of the larger holders will usually be the liquidity pool for the dex, but it is also possible that a team/dev reserved a large portion of the tokens for themselves. It is a good sign if the LP tokens for the pool and any team/dev allocations are locked at least for a fair period of time as this incentivizes them to grow the project and removes concerns about immediate dumping. Another reason an address may hold a large portion of the supply is if they were extremely early or sniped the token launch to buy a lot of coins for very cheap. If this is the case, they will almost always dump the tokens at some point. However, if the project has real potential then that dump could provide a good entry.Risk Management:It is absolutely essential to practice strong risk management when trading new coins. It is completely possible for a new coin to go to 0 and for your investment to end up worthless. That is the risk you take in exchange for the potentially massive rewards. However, if you implement risk management procedures then you can lower that risk.-Portfolio Allocation:You should not be risking any amount you are not willing to lose on new coins. Even if a new coin does end up going 10X or more, it is very common for there to be corrections of -50% or more during that uptrend due to the extreme volatility of microcap coins. If you are overinvested then these corrections could cause you to panic sell and miss out on the subsequent gains. On the other hand, if you are comfortable with the amount you invested then you will be able to remain calm and hold through the volatility.-Taking Profits:So you did the research, found a promising coin early on, and have made some crazy returns … don’t be scared to take profits if the amount you made is significant to you personally. It is very easy to see someone else on twitter making a 6 figure trade or holding a memecoin for 1000X and feel like your own gains are small in comparison. Unfortunately, this has led to many people refusing to take profits and giving back life-changing profits. Don’t let that happen to you. You can always take at least partial profits and continue holding some coins in case the uptrend continues.

But ONLY if you avoid these 10 mistakes...👀👇

Following these key lessons will empower you to navigate the upcoming Bull Run with CONFIDENCE!🔥

Are you ready?

Let's dive into it!

Let me be real here.

As we all know, crypto offers us UNLIMITED LIFE-CHANGING OPPORTUNITIES...

However, there are also unlimited ways to get absolutely REKT in crypto as a beginner!

The good news?

I will tell you exactly what the biggest traps are!

Let's start.

✅1) FOMO (and buying into pumps)

FOMO, or fear of missing out, is a powerful emotion that can lead to horrible investment decisions.

In a bull market it's easy to get caught up in the excitement & buy coins even after they have pumped to crazy highs...

This is a recipe for disaster.

The solution?

Buy crypto in "boring" phases.

You need to be able to identify accumulation zones.

That's where the most strategic buys are made.

Like that, you won't get rekt!

Accumulation zones are areas in the chart where smart money accumulates their positions before parabolic pumps happen.

The risk to reward ratio for an investment is the most favourable right there!

Once you are able to successfully identify accumulation zones, you are already one step ahead of the crowd.

✅2) NOT HAVING ENOUGH PATIENCE

Many do not have the patience to hold for a long amount of time in this space.

The majority of market participants only want instant gratification!

Lots of people have completely false expectations.

Keep in mind: the majority of your gains come AT THE END OF THE CYCLE in the mania phase.

We're still far away from that point.

This is when altcoins experience the most parabolic pumps!

I've seen many sell way too early in the last bull market losing out on making generational wealth!

But be aware...

Don't hold onto your bags for too long, which brings us to the next point.

✅3) NOT TAKING PROFITS

It's easy to get greedy in a bull market & hold on to your coins even after they have made significant gains.

When euphoria is at its highest is when the majority of investors become complacent and don't see any warning signs anymore...

If you see warning signs in the charts you absolutely need to get out of the market!

Not taking profits along the way is probably how most people mess up their first crypto cycle.

As a beginner it's hard to imagine your coin retracing up to 99% from the top.

However, this is the reality that nearly all altcoins face after a huge bull market.

That's why taking profits is so important!

✅4) NOT LEARNING TECHNICAL ANALYSIS

Not having a basic understanding of TA is one of the biggest mistakes you can possibly make in crypto!

Sure, many can still get away with just buying into pumps and holding on for the majority of the bull run.

If you have bought into a local top lately, it will likely be fine as the Bull Run will run its course and altcoins will make incredible gains.

However, if you don't have a clue how to analyse charts, how will you even know when to take profits at the end of the bull run?

How will you recognize when conditions have changed from bullish to bearish?

At some point a huge bear market will start and the majority of investors will lose out!

Especially at the end of the bull run Technical Analysis will be the most important factor when deciding to take profits!

Throughout the last year I have provided regular TA updates on high quality altcoins.

We have caught several coins right at the bottom before they pulled a 5x, 10x or even 20x.

A few examples have been $TAO, $ZEPH, $KAS, $RIO and $SPACE.

I really want you to learn from the TA setups I provide, so that you can eventually identify profitable buy zones on your own!

✅5) SECURITY

Another way to potentially fail in crypto is having all your coins on centralized exchanges.

Or even worse on ONLY 1 centralized exchange!

What happens when you get hacked or the exchange suddenly closes down?

Do you remember how devastating the FTX crash was?

Billions of dollars worth of user funds were lost!

You need to take the right security measures!

Remember, not your keys, not your crypto.

Instead of storing your coins on centralized exchanges, use secure decentralized storage options such as Hardware Ledger devices.

✅6) PANIC SELLING

If you don't have enough conviction in your investments, it's more likely that you panic sell if the market suddenly takes a huge dump.

You need to do proper research into your investments before buying into them to avoid panic selling.

Also, selling altcoins while they are in their accumulation phase for example is one of the worst things you can possibly do!

Often times after panic selling, price instantly reverses.

While inexperienced investors sell their coins, whales buy them.

✅7) BUYING MEMECOINS

Memecoins will eventually go to zero.

The sooner you understand this, the better!

Sure, some investors might get lucky with a memecoin and pull a 1000x.

But how likely is that for most market participants?

The odds are stacked against you!

While a few lucky gamblers make a 1000x, the majority lose everything!

If you want to be a serious investor, you need to focus on altcoins with strong fundamentals.

Factor in points like these for example:

- Is the tech revolutionary?
- Has the coin made key partnerships?
- Are the tokenomics favourable?
- How strong is the community?
- Relevant narrative? (AI, RWA, Gaming etc)

✅8) USING LEVERAGE

Trading with leverage in crypto can seem exciting and like a huge opportunity to make fast gains.

But for beginners, it's risky.

What seems like fun can quickly become a nightmare.

As crypto is extremely volatile, many aren't prepared for the wild swings in the market and eventually get liquidated.

But it's not just about losing money, it's also about how it makes you feel!

Worrying all the time, feeling anxious and regretting your choices.

Don't get me wrong.

Leverage can be a powerful tool to make money in crypto.

However, for beginners, this is INCREDIBLY RISKY!

If you haven't mastered TA yet, don't touch leverage!

✅9) NOT BEING ABLE TO CHANGE YOUR BIAS

In crypto, sticking to your beliefs without considering new information can be a big mistake.

The crypto market can change FAST, so you need to stay open to new ideas.

If you're too stubborn to change your mind, you might miss out on good opportunities or worse, lose money.

Being flexible and willing to adjust your thinking can help you make smarter decisions and avoid big losses in the fast-paced world of crypto.

For many it will be hard to admit once the Bull Run will finally be over.

They will get sucked into the euphoria at the highs and won't even realize how their gains slowly evaporate...

Especially being able to change your thesis from bullish to bearish is incredibly hard for most.

✅10) NOT HAVING THE RIGHT NETWORK

"Your network is your networth!"

You might have heard this a million times already but I can tell you, it's 100% true!

Your network shapes your perspectives, influences your decisions and ultimately impacts your success.

Surround yourself with individuals who inspire you, challenge you and support your ambitions.

If you have found value in this long-format post, feel free to LIKE, RETWEET and COMMENT!❤️

Cheers!🥂

#BullorBear

As the upcoming Bitcoin halving event on April 20 draws near, the cryptocurrency world braces itself for significant shifts in the mining landscape. Jaran Mellerud, CEO of Hashlabs Mining, shares insightful forecasts and strategies for navigating the evolving terrain.

1. Sustained Hashrate Resilience:
Contrary to expectations, projections indicate a moderate 5 to 10% decrease in Bitcoin's hashrate post-halving, rather than the drastic drops witnessed in previous cycles. This cautious outlook reflects the current profitability of mining operations and the anticipated bounce-back, underscoring the temporary nature of hashrate fluctuations during halving events.

2. Hardware Upgrade Imperatives:
With the halving's impact on profitability, miners utilizing high-cost equipment face the necessity of fleet upgrades for sustained viability. The introduction of more efficient models like Bitmain's S21 series offers a timely solution, albeit necessitating significant investment adjustments for miners, particularly in regions with higher operational expenses.

3. Innovative Profit Maximization Strategies:
Amidst evolving market dynamics, miners are exploring innovative avenues to enhance profitability. Techniques such as underclocking, coupled with diversified revenue streams like waste heat utilization and grid stabilization contributions, exemplify a proactive approach to offsetting halving-induced challenges and maximizing returns.

4. Diversification Trends and AI Integration:
The competitive landscape prompts miners, particularly public entities, to diversify into alternative sectors such as AI computing. Companies like Iren and Hive Digital Technologies lead this trend, leveraging technological advancements to navigate market uncertainties and capitalize on emerging opportunities.

5. Geographical Decentralization:
The pursuit of cost efficiencies drives a shift towards geographically dispersed mining operations, with emerging markets in Africa, Latin America, and Asia gaining prominence. This trend not only mitigates regulatory risks and cost fluctuations but also aligns with Bitcoin's decentralized ethos, fostering a more resilient and globally distributed mining network.

6. Minimal Price Impact Amidst Growing Demand:
While the halving's supply reduction garners attention, its direct impact on Bitcoin's price remains modest, with demand dynamics driving market sentiment. The event serves as a catalyst for heightened media attention and investor enthusiasm, amplifying the narrative of Bitcoin's value proposition amidst evolving market dynamics.

Looking Ahead:
As the halving approaches, the mining community anticipates more than just market fluctuations; it heralds a period of introspection and innovation. Beyond serving as a test of resilience, the halving catalyzes evolutionary shifts within the mining ecosystem, reinforcing Bitcoin's core ethos of decentralization and empowerment for hodlers worldwide.

In essence, the forthcoming halving underscores the resilience and adaptability of the mining industry, offering valuable insights and strategies for navigating the evolving cryptocurrency landscape. As miners and enthusiasts alike prepare for the event, the spirit of anticipation and excitement reverberates throughout the global Bitcoin community, reaffirming its enduring significance in the digital economy.
#Halving