When Crypto Tokens Explode, In A Good Way — How Small Teams & Small Investors Make It Big
Have you ever wondered what life would be like if you’d bought early shares in Microsoft, Apple, Google, heck, even Lego?
You’re not alone, there are millions of people out there saying, “what if?” but not quite so many taking action.
It’s strange how we all know that a small investment today could be life-changing tomorrow, but many people are too concerned about the risks to try.
To be fair, yes, there are risks — but you don’t go around investing in every single crackpot company that comes along.
You can minimize those risks by doing a bit of research, knowing what you’re investing in, and keeping a diverse portfolio.
Small Starts & Giant Leaps
It used to be that when a company started off, it would be small for a significant amount of time, even if it eventually turned into a giant corporation valued in the Billions or Trillions.
Google didn’t become the mega-corporation they are today in a single day, after all.
That’s all changing with the investments available today though, and now it’s possible to make an investment in something that was totally unknown yesterday and have it balloon 10, 20, or 100x by tomorrow.
It’s not even all that uncommon — if you know where to look.
Broken Records & Bulging Wallets
While some of the fast-paced changes can be found in the traditional stock market, the real movers and shakers have been happening in crypto.
Stocks may rise and fall, but when a crypto takes off, it rockets to the moon, and often keeps on going until it’s practically interstellar.
The way some cryptos grow in popularity, you’d think they were a K-pop band.
Just the other day a brand new, previously unheard-of crypto, sold out their entire pre-sale in 180 seconds, then went on to be listed on popular tracking sites in less than 2 hours.
If you’re not familiar with cryptocurrency and how they often begin, let me tell you, that was a real showstopper.
The folks who invested early are probably still dancing a jig, and they’ve only made it past the Earth’s atmosphere — these guys are going at least as far as Jupiter.
Winners & Losers
So how does one choose winners and losers when it comes to cryptocurrency?
I can offer you an answer in two simple words — public opinion.
That’s it. That’s all you need.
Cryptos go up and down in value based on people’s opinion of whether they should go up or down, because that entices them to buy or sell.
All you really have to do is find a crypto that’s got people raving, selling out their presales in record time, and hitch yourself a ride.
Just don’t forget to pack your towel, because the next stop is interplanetary.
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. 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.