Thrive Or Dive — 4 Solid Signs A Crypto Coin Is Going To Rocket To The Top
Cryptocurrency can sometimes seem like digital bungee jumping.
When a new currency comes into being, investing in it is a bit like taking a leap off that bridge, financially — except that you can never be sure if there’s someone there to haul you back up.
Tokens that fail aren’t like a snapped tether, plunging you into the waters below.
Instead, it’s more like completing a successful bungee jump, but being stuck at the bottom of your tether.
There’s no snap of a rope and drop into the ocean — you just dangle there, waiting for someone to come along and help raise the value of your investment.
Successful crypto is something different altogether though — you don’t just bounce back up, you can rocket right into the sky.
Early investors can see the value of their assets increase exponentially in the first few minutes, days, weeks, and months.
So how can you tell the difference?
What signs suggest that a crypto is going to take you to the top?
No matter how great a currency is, it can’t go anywhere if nobody knows that it exists.
This has been a stopping block for many great ideas, but these types of financial investments rely on being noticed more than any invention because a single investor can’t possibly carry it on their own.
So how can you know if a currency will get noticed? It depends on the token.
Lots of different strategies have been tried, some with more success than others.
Some tokens rely on 3rd party marketing, others attempt to use memes to spread through social media, and some of the most successful come from within the industry with their own established media, whether that’s chains of websites or popular cryptocurrency magazines.
2. Novel Ideas
Sometimes an idea is so fantastic, it can’t help but succeed… right?
That’s the plan anyway, and it often works out.
You can see this in action with the original crypto offerings, which were novel ideas at the time.
It’s also still happening today, though to a lesser extent, with cryptos that provide unique services, such as donating to certain charities or working towards completing some specific projects.
3. Initial Expansion
For many investors, the best way to get an idea of a token’s future is to watch how it begins.
While a token with humble beginnings could turn into something great, or vice versa, most often what happens in the first few days, or even minutes, after a token is put on the market can predict its future.
Some tokens absolutely explode and hit their market caps within the first couple of minutes after they’re made public — and that can only be a good sign.
4. Industry Experts
When in doubt, ask the experts.
In this case, you don’t have to actually ask them anything, or listen to their advice — instead, watch their actions.
Most of the best token investment opportunities haven’t come out of nowhere, they’ve been produced by long-standing experts in cryptocurrency.
When you see a team of well-known and respected pros working on a new token, it’s definitely something you want to keep an eye on.
There’s no sure-fire absolute method for separating winners from losers — but there are definitely some obvious signs that you can watch for.
With a little attention to detail, and the guts to become an early investor, anyone can make it to the top of the crypto markets.
All you need to do is seize your moment.
Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The Crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions.