Wisdom and strategies for investing in 100x coins
For those investors who hope to get a hundredfold return, many people believe that buying well-known cryptocurrencies with huge market capitalization may not realize their wishes. What they pursue is not a return of 5-10 times, but a return of 100 times or more. They would rather lose all their funds than get a satisfactory ten-fold return. But the reality is that with every market cycle new stars emerge, and many past leaders eclipse them.
The growth experience in life is similar to this. Through constant experience and insight, we understand that some good things cannot be retained forever. The changes, losses, and rebirths in life make us appreciate the opportunities before us even more. Just like in the cryptocurrency market, historical data shows that many so-called "old coins" cannot always maintain their status, and new coins continue to rise and bring amazing returns to investors.
From a data perspective, 61 of the top 600 currencies by market capitalization in March 2020 achieved 100-fold returns. Among these, 76% of the currencies were born between 2018 and 2020. This seems to reveal a pattern, that is, new currencies are more likely to achieve high-multiple growth.
Beyond that, there are some other interesting observations. A large part of the 100x coins have relatively low unit prices. Public chain projects and game finance (GameFi) projects also have a higher proportion of 100x coins. Cross-chain, Internet of Things, DeFi and Meme coins also perform well in this field.
When choosing a project, investors should not only pay attention to the essence of the project and the team behind it, but also pay attention to the project's liquidity and market value to ensure that they choose a leading project with potential. At the same time, controlling emotions, avoiding blindly chasing highs, continuing to learn and building connections are all keys to successful investment.
Summary: The cryptocurrency market moves quickly, and old coins may no longer appear in the next bull market. The emergence of new currencies provides huge investment opportunities. Investors should rationally choose investment projects based on historical data and personal strategies. At the same time, they should control their emotions, continue to learn, and build connections to improve their investment winning rate.
