[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance

View post   
File: 6 KB, 250x211, 1680820337019805s.jpg [View same] [iqdb] [saucenao] [google]
57470525 No.57470525 [Reply] [Original]

As a matter of fact, it's the ultimate sign of a midwit.

You delude yourselves into thinking the following:
> If it's below $10m market cap, it'll 100x!
> If it's below $100m market cap, it'll 10x!
> If it's below $1b market cap, it'll 5x!
> etc.

What you sad sacks fail to understand is that hype and volume are EVERYTHING in this market. You delude yourselves into thinking that $1b market cap is some kind of grand canyon fall to your death zone, but you fail to remember that quite a few projects broke past $10b-$30b market cap in the previous bull like it was nothing. Many projects that started sub-$10m failed to break $100m despite a bull cycle (less than a 10x), while there were many projects that if you bought in at $1b, you would've 30x'd because said project would go from $1b-$30b.

tldr; pay attention to hype and volume (better yet, volume to market cap ratio), not market cap by itself and you'll win in this market.

>> No.57470542

True but if you can find something with hype that could ride to 10s of billions from 10s of millions you will probably make the most. Easier said than done of course, but I have a few picks in mind that I think should do the trick

>> No.57470574

>>57470542
Which ones? I myself have a good feeling about Celestia.

>> No.57470602
File: 5 KB, 1048x264, 1676640451491363.png [View same] [iqdb] [saucenao] [google]
57470602

>>57470525
>current year
>still believing in market cap
oh dear

>> No.57470729

>>57470525
You're half correct. Market cap + volume are the ONLY things what matter for swinging. A slug with a 200b mc is going to need HUGE volume to move it, while a 5m market cap can take off on 1% of that volume. Lower mc ultimately means it needs less hype, and hype is the hardest thing in the space to judge overall.

>> No.57470744

>>57470525
you're retarded. it's much harder to find high marketcaps that 50-100x. not impossible but it's mathematically provable that it's easier to 50-100x on a smaller coin. it's math you dumb nigger. your coin has to be amazing to be a high marketcap and still do those kind of numbers. most highcaps will 25-30x if you're lucky

>> No.57470764

>>57470525
Icp fud

>> No.57470824

op is the type to buy a 100 billion fdv project and be confused when it dumps

>> No.57471910

>>57470824
Did you even read my post?

>> No.57471924
File: 160 KB, 386x343, big_brainlet_fish.png [View same] [iqdb] [saucenao] [google]
57471924

>>57470525
I only buy large caps because they're harder to manipulate.

>> No.57471928

10k is the correct investing mc.