One thing is sure: when a bull run begins, all cryptocurrency coins will rise. Even a penny coin will rise, although not as far as other good coins.
Many people were discussing which crypto currency to invest in to get the most benefits. Without a doubt, this is a reasonable question, however it is obvious that every coin will grow and generate a profit.
So, it is preferable to invest in better coins that have the potential to provide you with the desired growth rate.
Those with the mindset of aiming for only a 2x-3x benefit are wasting their entire savings. Because waiting years and years for a bull run with only a 2X profit is a waste of money.
That is why it is recommended to invest in coins that will return at least 5X, but I prefer 10X gains among the finest.
This is because you wait more than 5 years for the bull market and spend heavily in order to build riches. It is not a logical choice to take a lower profit after such a long wait.
Therefore, invest in all those coins that can at least provide you a 5X profit; otherwise, I believe this market is unsuitable for you. If I talk about myself, I will never be satisfied with profits less than 5X.
Because I have gone through many difficult moments with my money. I've taken a lot of risks over a long period of time, which is why my gains are smaller.
This is comparable to a trading target price and stop loss risk ratio. When you set a stop loss of at least 1%, your target price must exceed 3%.
The same is true for cryptocurrency investments: you must take a profit that exceeds the risk you handled. Investing in blue chip coins and other solid fundamental currencies is the greatest option in this market.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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Good point. But my question is how can someone know which coin give 5% profit or more? Thank you.
Bro, its not 5% profit, but 5X gain. You can search by reading their whitepapers and knowing about their projects. There are many coins that can easily give you 5X gain on your capital
Oh, yes... 5X gain, you wrote it clearly but I missed it. Thanks.