Surely some of you have heard stories from your friends or on YouTube that some guy bought some cryptocurrency for a hundred bucks, and now he is a millionaire, drives a Lamborghini and bought a house on the Cote d'Azur.
Is there any truth in these stories and is there really no catch? Yes and no, I'll tell you now.
The thing is that growing coins really exist and some even "make x's". What does this mean? This means that the income from sales (after purchase at an early stage of the project's development) can be several hundred or even thousands of percent. The number of such coins in percentage terms is very small, perhaps several percent of the total mass. And what is the total mass?
Cryptocurrency every day
Every day, several hundred new cryptocurrencies are born and die. The reason for this is a fairly simple technology for its creation. Any student "on the knee", having a laptop and desire can create a cryptocurrency in 5 minutes. But the most important thing that a cryptocurrency must have for someone to buy it is value.
What is the benefit?
What value does a cryptocurrency created by a person carry? How to evaluate its prospects and potential? Analytical companies and large investment funds have been doing this for a long time. Of course, if there is no value in the coin, then the maximum who can buy it is simpletons charmed by fairy tales. Be careful not to fall for the tricks of scammers.
Where to look?
To select only serious projects that are verified, reliable and in which large funds invest millions of dollars, you can use the analytics of the Legends company. I talk about this at my ZOOM meetings, as well as at offline events.
By the way, we recently held events in Moscow, Perm, Yekaterinburg and are planning to hold a large-scale event in Sochi soon. And right now you can learn about new projects that Legends participants are investing in to double, triple their capital. This is called venture investing and it has truly enormous potential. Sign up for zoom and learn more in my telegram channel @kornevinvest