The Magnum Opus Of Cryptocurrency Investing

Get This Right, & You Are Set!

Crypto investing can produce modest, stellar, and even life-changing returns. One fundamental dynamic is where and how your portfolio fits into the above-case scenario. Many Crypto investors are not specific enough regarding what they want to achieve, which is reflected in their portfolios and assets.

Essentially, every Crypto investor hopes for one big win that changes everything—like DOGE in the previous cycle—and an investment that grows significantly enough to reshape their lives. For many, such an investment comes down to chance. Very few investors sit down and analyze possible moonshots.

Some signs can be interpreted and extrapolated to gain future price expectations. Strangely enough, DOGE was one of the altcoins I predicted would perform well in the 2021 bull market. My expectation was $0.05 to $0.07. As you know, DOGE rallied a lot higher. Being on the conservative side of things is always better.

Being pleasantly surprised beats disappointment, especially if you have factored in a firm reliance or budgeted on particular investment returns. However, one investment move changes the game forever.

Key Dynamics Of The Ultimate Altcoin Investment

As we have seen in recent months, altcoins are extremely sensitive and volatile beyond reasonable expectations. Statistically speaking, we are in the final chapter of the bull market. This is primarily a period that favors altcoins, yet many altcoins are deep in the red relative to their recent local tops. Ideally, investors want to secure an altcoin investment whose price will remain above their initial entry price.

For many, this sounds too good to be true. However, this is the type of asset that needs to be identified before altcoins rally. In other words, now’s a good time to begin hunting. Provided the market doesn’t break with protocol and moves into a much longer bearish season. The ultimate altcoin investment is simple in theory: Identify a future leader while it is still in obscurity. Ideally, such an investment will have the following benefits and perks:

• Remain significantly in profit despite a full-blown bear market.
• Provide ongoing life-changing passive income.
• Have a significant dollar valuation relative to investment capital.

This can be a challenging feat. However, it is possible if enough research is done. I identified Pol (then Matic) at approximately $0.002 in 2020. Unfortunately, I lost patience because it was primarily a trading position. However, I managed to catch Solan below $0.30. My investment was not that meaningful, but it was a significant investment. However, it didn’t meet the grade required to achieve the abovementioned criteria.

Learning from past mistakes, I now look at acquiring a position significant enough to achieve this objective. Essentially, an investor only requires one such investment to play out to gain wealth and generate ongoing income. Provided it’s a true industry leader, it will continue to appreciate over the long term, ultimately providing ever-increasing passive income.

This is the magnum opus of investing. It secures wealth and future financial stability in the form of passive income. This is usually achieved by staking or DeFi protocols. Pol and Solan rallied tens of thousands of percent in the previous cycle. Regardless of current valuations, anyone who bought these assets in 2020 is still significantly in profit.

During the final quarter of 2023, I identified BONK, which went on to rally as high as 15000% (150X), and Taraxa, which rallied 2500% quickly. Identifying projects at insignificant levels regarding price and adoption is key, provided they eventually make it. Despite Taraxa being a small and relatively unknown project, I am currently up almost 1000% despite the altcoin bloodbath.

Considering that Taraxa and other altcoins will most likely be valued much higher in six months, it’s safe to say that this investment will never drop below my entry price of $0.001. The staking reward ranged between 15% and 19% last time I checked. Early access to this altcoin created a safe and viable altcoin investment.

Final Thoughts

This is the only way to achieve wealth, stability, and ongoing income in the altcoin market. Trying to achieve these results with already-established altcoins is highly unlikely. Despite early entry, most altcoin investments made up of the top 100 are in the red. Find the future leaders; it’s the only way!

Once identified, allocate a healthy amount so that a strong rally puts you in the pound seats. It doesn’t have to be a massive investment. However, it must be significant enough to count when the tidal wave hits. These are, of course, my views. Conduct research and do not consider this investment advice. All the best, see you next time!

Disclaimer

First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.

This article was first published on Sapphire Crypto.

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