A well-known cryptoanalyst has revealed the strategy he used to find cryptocurrencies that rose 10,000s of %
In his post, the investor revealed that he found cryptocurrencies that are known for record appreciations using this strategy. As an example, he mentioned $MATICUSD Matic +45,000%, $SOLUSD Solana +50,000%, $EGLDUSD Elrond +12,000% or the well-known $LUNAUSD LUNA +18,000% before it fell to zero. Let's take a look at his project starvation system.
The well-known crypto analyst explained the strategy based on which he found projects with rocketing growth.
The essence of his strategy is in part to track and research newly listed coins, primarily focusing on Binance. He argues that history does not repeat itself but rhymes nicely. In his view, several times a year the market will let you loose with free money in the form of new projects.
It is a fact that people and primarily ivnestors like new things and new projects. Newly listed coins that have a primary registration on Binance can make a lot of money and make really high %. They have new and fresh charts, which means that investors can easily create new stories of a given project.
However, it's not just about investing in newly listed projects, that would be naive to think. It's important to be able to distinguish the winners from the losers.
It can help you cleverly to join a group on Telegram - Binance Announcements.
Terms and conditions to follow
Condition #1 - Good token metrics. For newly listed projects, we need to research and know the following information about the metrics of the token: The unlock schedule of the SEED/Private round and the price for that token in the SEED/Private round and also what the price was in subsequent rounds. An important part to study is what investors are behind the project, also the quality of the team and advisors of the project.
New assets where there is a long token unlocking schedule - are attractive to us.
A clear example is STEPN, for which all private, advisory, team rounds are locked until February 2023 - which is a confirmation of a good sign, as this project has made several times the valuation.
Source.
Condition #2 - We want to know the price per token for different rounds. If investors get, for example, 25% of unlocked tokens in a listing and the token starts trading at 50X this is probably not an attractive deal for us. This is where Binance can help as it provides data on newly listed assets and their token metrics - Binance Research.
Condition #3 - The background of the project is important and therefore we want to know who has invested in the project, who is on the advisory board and the team itself.
Condition #4 - What the graph should look like. The analyst showed this on the graph of the aforementioned Matic - this is what we want the graph to look like. Slow gradual divestment and staircase over several days. Then we are looking for a trend reversal of the low time frame moving average to buy.
Source.
This is not what we want the chart to look like. We don't want to buy anything that continuously rises after listing. This is the technique market makers use to generate the most short-term liquidity to sell the most tokens.
Source.
I hope you like this post and find it helpful...of course you can't just follow this you need to do your own researche and analysis /DYOR/ but it should certainly help. So don't see this as exclusive investment advice, just a hint.
Summary:
- Focus on projects to be listed on Binance, Binance Announcements.
- Studying tokenomics
- Price per token for different rounds
- Project quality /teams, investors, advisors.../
- Chart
I hope you like this post, if so give me a follow and possibly a comment.
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