The most optimal way to grow your money is to invest for the long term. For your investment to be profitable, you must opt for cryptocurrencies that have a market capitalization that is neither too low nor too large. Admittedly, the risk we run is greater. Because these cryptocurrencies are generally little known. However, their earning potential is potentially greater compared to the well-known ones. Fortunately, you don’t have to be an experienced scholar or financier to learn how to seize opportunities. If you want to have potential gain with maximum security, this article gives you the keys to get there.
In addition, if you want to discover its strategies that allow us to grow our money automatically, click on this link:
https://www.fructify.io/cadeaux sign up, to receive a series of 5 free videos for free. Step 1: Choose to invest for the long term
The first step in finding a promising cryptocurrency is to agree to invest for the long term. This method has a double advantage. A risky but profitable strategy
The aim here is not to speculate. In other words, it’s not about buying crypto nuggets and reselling them at the first opportunity.
A profit could be made by doing so. But it would not be consistent. When choosing to invest in the blockchain, it is essential to have flair, in order to opt for a crypto whose value could rise in the future. You have to invest and let your investment gradually increase in value over the years.
This strategy is very risky, let’s face it, but it is very profitable, when you follow well-defined criteria. It is risky because these cryptocurrencies are still unknown to the general public. They do not enjoy the notoriety of Bitcoin or Litecoin. The risk is therefore real and great.
But when you follow well-defined criteria, there’s a good chance that these unknown crypto nuggets will gain value over time. This will generate you a considerable profit. A technique used by many successful businessmen
Many world-renowned investors choose to invest their income in businesses that pay off over the long term. One example is Robert KIYOSAKI, a business partner of President Donald Trump. For several decades, these two billionaires have been investing in real estate, a lucrative long-term sector.
This is also the case of the wealthy Warren BUFFETT who amassed his fortune by investing in little-known companies. But which offered great prospects in the long term. He had well-defined criteria, on the basis of which he selected the companies in which he wanted to invest? Examples include:
- Market capitalization
- The project
- Profit, etc.
This means that by opting for a long-term investment, we choose to create significant added value. Step 2: Know how to recognize the right time to invest
To make your investment in the field of cryptocurrency profitable, you must be careful and refrain from making risky choices. Learning to recognize favorable circumstances
In the field of crypto, there is a sacrosanct principle that governs financial investments. Generally, when an asset is up for the past three, six or twelve months, the uptrend continues in the following months.
This principle sometimes has exceptions. However, it is foolhardy to invest in a crypto nugget without taking into account its evolution. This is an excellent indicator that avoids investments that can be unsuccessful.
To identify a promising cryptocurrency, we must take into account its evolution over the last three, six or twelve months. Only a methodical approach can find a promising cryptocurrency
There are platforms on which you can follow the evolution of different cryptocurrencies in order to know if they will continue to increase in value. This is the case, for example, with coin360.com. This platform schematizes cryptocurrencies and their performance: their price, their market capitalization, their volume, etc.
On this website, cryptocurrencies are represented by tiles. The bigger the market cap, the larger the tile size.
As soon as you are on the home page of coin360, you click on the performance tab. You refine your research so as to highlight the cryptocurrencies that have shown themselves positively over the last three, six or twelve months.
Next, click on the market capitalization tab, then filter the largest capitalizations, as well as the smallest. For example, you can choose cryptocurrencies that have a market capitalization between $50 million and $100 million.
Still in order to refine your search, click on the Gainers & loosers tab and choose 50 gainers.
At this point, you will see on your screen, the 50 cryptocurrencies that have performed the most in the last three, six or twelve months and whose market capitalization is neither too large nor too small. This could correspond to cryptocurrencies that are between the Top 50 and the Top 100.
Finally, you choose the top 10. That is, the 10 winning cryptocurrencies.
If you follow the detailed procedure to the letter, you will have among the selected cryptocurrencies a promising cryptocurrency. Step 3: Know how to analyze charts
If you want to find a promising cryptocurrency, do not neglect this step.
At this level, it is necessary to analyze the chart of the crypto currencies retained. So these are the cryptocurrencies that are little known because they have not yet exploded. On the other hand, they have had a good profitability in the last three, six or twelve months.
What is important and should be looked for, the chart should indicate that the cryptocurrency has experienced stable, slow growth over several quarters or years.
Another no less important criterion to take into account is that this cryptocurrency must not have been the subject of intense debate recently. Nor must it have exploded.
This makes it possible to truly choose eligible cryptocurrencies. By doing so, you are sure to actually find a promising cryptocurrency, in which to invest.
At the time of analysis, when you realize that the history of a cryptocurrency is scarcely provided, it is better to put it aside. It is better to analyze the twelve-month charts and choose the cryptocurrency whose rise is constant.
In addition, if you want to discover its strategies that allow us to grow our money automatically, click on this link:
https://www.fructify.io/cadeaux sign up, to receive a series of 5 free videos for free. Step 4: Select cryptocurrencies related to innovative themes
Thanks to the strategy of momentum, that is to say, the theory of the propitious moment (step 2), we have identified about fifty crypto currencies that will continue to be profitable for several months. Among these crypto nuggets, we have agreed to retain a dozen. The next step was to analyze the charts of the selected cryptocurrencies according to a specific criterion.
Indeed, only cryptocurrencies that have experienced slow and stable growth over a long period of time have been selected.
In order to determine the promising cryptocurrency, another sorting will be done. This time, it will be a question of analyzing among the selected cryptocurrencies those that are related to innovative themes.
