You are not the only one looking for crypto projects that will 10X or 50X your investment.
This is why there are a lot of good and not so good information as to which crypto assets investors should buy.
But, How can you determine a good coin with potential?
Someone dropped this question as a comment and I hope this response serves as a mini guide to help you.
1) A coin can have good use cases but if you buy in at the wrong time, you may lose money. That's why investing at the right time when the market is down is of more priority than simply picking a good asset.
A good time to buy in is when the market is down double digits. These drop in price can be caused by several different reasons like news about regulations etc
2) Understanding the basic tokenomics of a crypto asset is a must.
What's the market cap? What percentage of it's total supply is in circulation? What makes them different from other tokens? Is these crypto useful in the real life? What are other people in crypto community saying about this coin? Is their community active? Are they listed on at least one big exchange?
These are some of the questions you need to answer before you invest your money into any cryptocurrency.
One thing that's important to note is that coins and tokens with good use cases don't have price spikes often.
Pump and Dump coins tend to do 30% gains quite often because people are just buying in to make money fast, however with coins with potential you have to wait and see it go up in price over time and grow as their demand increases.
The good part about these coins with good growth potential is that even when it drops in price value, you should not be worried about losing all your funds to the price fall.
Which is very popular with Pump and Dump coins where your investment can go to zero when buy Investors pull out exit the coin after making a lot of money from FOMO investors