The old crypto hands love to talk about bitcoin trading. As if somehow they can trade themselves to getting rich. To me, that's just a fun side hustle. My edge is not in competing against much more well-funded quant teams with finely tuned algorithms and ultra-high-speed internet connections.
What I can do better than anything else is find gems before the rest of the market.
So here's some ideas for 2022. Nothing more, nothing less. NFA DYOR! The way to glory last year was to get in to the newest, hottest emerging Layer 1s before anyone realized that the future was multi-chain. Polygon (MATIC) and Solunavax - the trio of Solana (SOL), Luna (LUNA), and Avalanche (AVAX) - each did something on the order of 75x or more.
Not bad for tokens that you could have easily bought on highly liquid secondary markets.
I don't see why that strategy won't work this year. At Fomocraft, we have put these 6 on our shopping list for truly bad bear days. We think these - Osmosis (OSMO), Juno Network (JUNO), Fantom (FTM), Near (NEAR), Harmony (ONE), and Moonbeam (GLMR) - will exhibit strength once the market regains its footing, hopefully some time after Chinese New Year.
Take a look at our info tweet and let us know what you think!
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Do you believe that Fantom is on par with competitors in the top 20 like Cosmos, Polkadot and the like?
I thought its market cap might have been closer to them than it is.
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Yeah, I think FTM at Mcap/TVL of <1 is a bargain. It has the 2 top builders in DeFi building there!
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Always good for some early alpha
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Hm yeah, that's exactly what I was saying in 2018 and 2019.
Didn't work out so well.
Bitcoin is a great anchor and home-base for everyone to branch out from.
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Everyone should own some bitcoin.
But you aren't gonna get rich like those all the way up to 2019 did just for holding this no-brainer investment.
More research is needed to find boffo returns.
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Putting these on my watchlist.
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OSMO and JUNO are 2 of my faves, and FTM has been covered a bit here on Leofinance lately. One I really have to get into.
No Thorchain (RUNE) on your list mate?
Really good to see you back posting on Leo, hope you stick around and share some early alpha with us.
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It's not really trending at the moment. Most people already know about it, too.
Check out this #posh tweet if you like the Blue Bird!
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Yes have got Sol. Trying to find a secure physical wallet that I can store these on?