The bull run is around the corner and everyone wants to catch the next 100x - 1000x gems. But sadly, some are already setting themselves up for failure unknowingly. If you want to make life-changing gains next bull run, here are 5 things you MUST KNOW.
1: Be an investor. Not a gambler. avoid new crypto projects with only a promise to build. Understand that it takes time to build. In the coming months, many crypto projects will appear with only a promise. Usually with only a website and whitepaper.
They will start screaming We will build this! We will build that! People will buy with their hard-earned money…. But no one can’t sustain the hype of an empty product forever. After the initial hype and collecting investors' money,
the price will dump and you’ll lose your money. Buying new projects is a gamble - Not an investment. 2: Pay attention to trends/narratives I see people already buying coins they think will do 100x - 1000x in the next bull market. Please don't do it. It’s a mistake.
Crypto doesn't work that way. There's a 90% chance none of the coins you're buying now will do well in the bull market. The market is driven by trends and narratives. The narrative that will drive the next bull market is yet to be seen. You can only speculate.
There are speculations around AI, RWA, Dperps, and all…but it is what it is - Speculations. Instead of buying now, Use a Fundamental Analysis tool like @researchbuddyio to research and find potential 100x gems in different categories and have your picks ready.
So when the narrative presents itself, you'll already know the coins to buy. Remember, it’s not every coin that pumps even in a bull market. 3: Avoid “VC coins”. Yes. you read that right. There are many great products out there with extremely bad tokenomics.
In most cases, these projects are not made for retail investors to benefit from the token. If a project uses more than half of its token allocation for fundraising (Seed funds, Private sale, public sale, etc…) stay away.
No matter how good the project may look, you’ll be wasting your time buying it. It’s not going to pump. Even if it does, the dump will be fast and you may not be able to get out. Use a tool such as https://researchbuddy.io to check the tokenomics of any coin before buying
Research Buddy will let you know if the tokenomics is good or not so you don’t end up buying what we call “VC coins”. 4: If they say ‘Buy’, RUN! When you buy a coin and plan to hold it long-term,
what you are actually doing is that you are investing in a business and trusting the people behind that business to make you profitable. So as a general rule, avoid the ‘Moonboys’ team. When a team is telling you their coin is going to pump for sure, it’s a red flag.
It shows overconfidence. Overconfidence makes you not pay attention to details and it leads to failure. True, every project wants its token to pump. They do all they can to make it pump so that investors can be happy and they can be profitable too.
But I prefer when the team just lets me see the potential of what they have built and let me do the price speculation myself. Let me be the one screaming, this project can do 20x, 100x bla blah blah, and not the team.
When a team starts saying, “We’re going to do 20x, 100x, they attract people who are mostly interested in short-term gains - The Moonboys. Such projects can dump really bad after the initial buzz. 5: Always use a DYOR tool
There are actually over 30 data points and factors to consider before investing in a project if you truly want to make 1000x. These can be overwhelming if you have to do it alone and that is why over 90% of crypto investors are not profitable.
@researchbuddyio takes all the hard calculations away and guides you through the entire process of doing the fundamental analysis of any project so you can easily find potential 10x - 1000x crypto gems. Before buying or investing in any crypto,
head over to https://researchbuddy.io, create an account, search for the coin, and follow the process to do your own research. At the end of the research, ResearchBuddy will give you the verdict/score of the project
If the verdict is below 70%, don’t buy. Skip and go look for the next one. If it’s above 70%, you’ve found a gem! Add it to your pick and when the narrative presents itself, buy and make money! So to prepare for the bull run,
head over to https://researchbuddy.io now and start researching coins in different categories. There are also video tutorials to guide you through every step of the way in your research.
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