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Its kinda like Shark Tank. You have all these new crypto projects every day. And I just look at them and try to identify the good ones. Its basically been speed up now with the Solana memecoins where you can still try to identify unique, or just funny stuff about them. And have some other factors but its much faster. However with traditional new crypto projects you just check and make sure they are legit. They have a coin/token/product that makes sense and can grow huge. So instead of putting $5k in dogwifhat now i rather put $50 a 100 times in small projects, right? And hope I catch the next dogwifhat or somthing similar and so far I actually had a couple that went x50 or even x100. Look at KNDX I bought it in 2021 and recently it went up x100 because they have a partnership with nvidia. Thats the perfect "goal". To buy them before the "news". Even if of course most of the time it does not go as perfect.
> Like if you put $1000 into each top100 coin in 2016 just pivx alone blew up by 3000x or something. So I specifically said the peak prices of 2017. The reason why I said that is because we are practically near the all time high cycle for Bitcoin and various other cryptocurrencies now, so if the OP that I responded to bought now, it could be a repeat of the top cycle of 2017. For Pivx, coinmarketcap clearly shows it was at $12.97 USD at the top of the cycle in 2017 on December 28, 2017: https://coinmarketcap.com/currencies/pivx/. It's worth 0.46 USD now. You would have lost money on PivX alone if you bought it at the top of the cycle in 2017. KNDX wasn't even available in 2017? I don't see KNDX on coinmarketcap for 2017: https://coinmarketcap.com/currencies/kondux/ > Also you probably would have lost a lot going in the top 5000 coins (why top 5000?) If you don't like top 5000, then top 100. For top 100, you would have to have 1 coin doing 100x and if the other 99 coins are almost worthless, then you break even. Since Bitcoin hit a high in 2017 on December 17, 2017, you tell me which coin in the top 100 on December 17, 2017, went 100x from December 17, 2017, to today: https://coinmarketcap.com/historical/20171217/ Rinse and repeat for top 200, top 500, top 1000, etc. I don't think I will change my viewpoint, since none of the examples you gave me from the peak cycle of 2017 (and you gave me several examples of coins that didn't even exist in 2017) would have made you enough money to offset the losses in alt-coins that became almost worthless.
> Like if you put $1000 into each top100 coin in 2016 just pivx alone blew up by 3000x or something. So I specifically said the peak prices of 2017. The reason why I said that is because we are practically near the all time high cycle for Bitcoin and various other cryptocurrencies now, so if the OP that I responded to bought now, it could be a repeat of the top cycle of 2017. For Pivx, coinmarketcap clearly shows it was at $12.97 USD at the top of the cycle in 2017 on December 28, 2017: https://coinmarketcap.com/currencies/pivx/. It's worth 0.46 USD now. You would have lost money on PivX alone if you bought it at the top of the cycle in 2017. KNDX wasn't even available in 2017? I don't see KNDX on coinmarketcap for 2017: https://coinmarketcap.com/currencies/kondux/ > Also you probably would have lost a lot going in the top 5000 coins (why top 5000?) If you don't like top 5000, then top 100. For top 100, you would have to have 1 coin doing 100x and if the other 99 coins are almost worthless, then you break even. Since Bitcoin hit a high in 2017 on December 17, 2017, you tell me which coin in the top 100 on December 17, 2017, went 100x from December 17, 2017, to today: https://coinmarketcap.com/historical/20171217/ Rinse and repeat for top 200, top 500, top 1000, etc. I don't think I will change my viewpoint, since none of the examples you gave me from the peak cycle of 2017 (and you gave me several examples of coins that didn't even exist in 2017) would have made you enough money to offset the losses in alt-coins that became almost worthless.
Sold giant bag of KNDX probably going to regret it at some point they auto-dropped everyone the new token when they had a change which not a lot of crypto teams do.. It shows they have a lot of respect for their anonymous token holders, which I appreciate. I just dont really understand their business model even with the Nvidia partnership