A high percentage of crypto projects are busy developing whatever it is that they will offer the outside world as a use case. With the market sentiment changing from a Bear to a Bull over the next 12 months and set to last well into 2025 those that launch their developments could be in for a bumper pay off.
We have seen hype in the past how it created these pumps when there was no real news and only highlighted how desperate crypto is to have something tangible being used in the real world. The timing of any crypto project launching their technology is the bonus part due to so much development taking place during the quiet months and years.
Depending on what it is this could see a crypto token increasing massively in a very short time along with the normal upwards price movement that is already taking place. This is where a project can do a 100 x where as the rest of the market has done a 10 x.
I have two such investments that I have a lot of expectation on being COTI and VET and has not bothered me that the price has not done much. Quite the opposite as this is an opportunity to accumulate even more before others see what is taking place. This is investing under the radar hoping that it continues for many more months.
COTI are launching their Private Payment Network within the next two to three weeks which will highlight the technology they have developed. This is like they will be showcasing and advertising to the outside world what is available and what is now possible. Use cases is what crypto is crying out for as this will take crypto to the next level moving from a speculative investment into something far more concrete.
VET has the MiCA European Union regulation playing into their hands with the forced CBAM laws already in place and all importers and exporters in the EU of certain products having to file their carbon emissions for certain listed products. The effects of this will only start to be seen after March next year and will slowly increase the use of blockchains in general.
I am sure there are many other crypto projects on the cusp of turning their fortunes from what they have developed or are busy developing. This is where the real value lies and forget the market sentiment increasing the price due to Bitcoin, but what the project is now valued at due to what has been developed. A use case will always trump market sentiment as this we have never seen as yet. How much could this catapult a token in value if it becomes a must have token for businesses to function?
When you hear people talking about hidden gems this is the 100 or 1000 x growth tokens due to what is possible and not knowing how big a deal it will be. COTI going from $0.04c to $2-$3 or VET from $0.02c to $0.50 -$1 is not a pipe dream and expect to see it happen within the next 24 months. The timing with this Bull market that is coming could not happen at a better time as everything seems to be lining up in crypto's favor. The Bitcoin halving and Bitcoin ETF's along with everything else taking place should kick crypto onto the next batch of all time high's.
Posted Using InLeo Alpha
Same is the case in this industry if you want to make profit then you have to be patient and wait for time even then you can make a good profit from here if you don't do it like this then your money is too much here. Money will also go away from you and you will not be able to do anything, so it is better to first gather knowledge about its cycles and then bring it to the market.
Despite everything that is happening with BTC right now, I don't think we can even begin to guess where the alts are going to go. This could be a season like nothing else we have ever seen before.
Yep and no use thinking about it either as we have no clue what to expect.
We are waiting for that time with a great excitement. Thanks for sharing your view.
Timing truly is everything. You have to be in the market, before the big pumps happen, otherwise your potential gain will be severely lower.