
Entechnologue World 🌎 💰
February 2, 2025 at 07:00 PM
Follow These Rules and You’ll Pick Better Coins
I'm gonna tell you two tricks I've never shared before to help you find the right coins for this bull run.
The first thing you need to do is avoid coins that have operational ongoing costs.
Now, building a coin usually requires a lot of money.
And the coins that struggle the most are the ones
That have the biggest teams because they got the highest operational costs.
But a lot of people think just because a coin has 500 or 1,000 developers, it's amazing.
So the more people working on a coin, the more bullish the price will be, right?
This is not necessarily true.
Listen, all those people get paid.
And most of the time, that money is generated by selling the main token.
So these projects that require big funding at the beginning and have ongoing operational costs…
Are funded by VCs, and that's how they require the biggest funding.
An example of this is gaming tokens.
The gaming industry is one of the only industries out there that requires insane funding.
Because it takes a lot of money to build and operate that game.
That's why so many gaming tokens are funded by VCs.
Because they struggle to make money.
Even gaming charts look like shit because at some point they run out of funds.
So the idea that if a coin has a huge team it's bullish for the price
Is not true.
And of course, building a project is hard at the beginning.
But you got a lot of DeFi projects that are completely immutable and run online on the blockchain.
They don't have too many developers or operational costs
And this helps the coin go up.
That's why you've got to find the coins with the least operational costs.
The second trick I'm going to give you is to always look at the competition ahead when you're joining a coin.
When you join a normal coin, the competition is you vs other people vs whales
So there are two entities you're competing with.
Because as we all know, this market is player vs player.
You win when others lose, and you lose when others win.
Now, the mistake people make is joining projects that are even more competitive.
Let's take the $TRUMP coin as an example.
Personally, there's only one reason why I don't like it.
Right now, you're competing with every single person on earth.
The effect of the crowd is so insane that even people who knew nothing about crypto jumped on $TRUMP.
Don't get me wrong, I'm not saying it won't go up.
It will for sure, because it's a presidential coin.
But all I'm saying is to be careful and try to join stuff where you got an edge.
Another common example are coins with VCs.
Everyone knows I don't like coins with VCs.
Because in my eyes, that's just more competition.
In a simple coin that has no VCs, my competition is other investors and whales.
So why do I need to add VCs?
I'll have to go behind the psychology of when they're going to sell.
Because that's the way you have an edge to cash out earlier than them.
And I'll just stress myself even more.
So always look at the competition ahead when you're joining a coin.
But in reality, the only way to find the right coins is to do all the research and the mistakes yourself
Or just get access to somebody who has already done it.
©️Crypto git
Enjoy 😉