I’m done with trash coins!! Looking for something promising

[OrangeII]

for new coins, I think all you can do is do some research. However, many people take the risk of investing in meme coins, or coins that are cheap at the start of their launch, or during pre-sales. They all take risks because they believe the price will rise. To find projects or coins like that, you need more in-depth research. Sometimes, people see that a project or coin has potential when the price has gone up, and many people are late because of that. However, research and taking risks are the keys to finding potential projects and profiting from them.

[Judith87403]

I’m fairly new to the crypto trading/buying realm. But what I’ve noticed is that lots of coins for a STUPID low price which are just trash. How DOGE is worth anything over $0.15 is beyond me. Either way, I purchased ~100m SHIB when it was somewhat lower, bout 3x on average what I put in (unrealized gains) but, with the amount in circulation (which I did not know until after the purchase) it’s quite clear that SHIB is unlikely to moon.

So what I’m getting at is, what is a stupid cheap yet promising asset I could look into. How do I find these new ICO’s or underperforming assets? When I see on Crypto com an asset that went up 60% in their gainers charts, I just wonder where these people getting their info to get in before hand and what moves the price.

While this is indeed temporary, I’m looking for stupid cheap but promising in long run, not necessarily moon this day and tank tomorrow

This was exactly the reason why I don't like Investing in memecoin because you can't really predict their future, most of them don't even have a good potential that is why I don't recommend people to invest in memecoin more especially those newbies.

 Actually I think the reason why most newbies always experience lose in the market sometimes, it happens as a result of not been patient always wanting to get rich quick.

Well the only way you can get that is through research you have your smart phone why not make intensive research about that you don't have to wait for someone to find a promise token for you, what if the person recommend you to the wrong one?  that is why is good to make your own research before seeking for help from people.

[d3nz]

The choice you have made is a good decision. The most important thing is that in long-term and short-term investments, you must be prepared to lose money when trading. It's true that many stupid coins have appeared, but what you mean is meme coins which have low prices but don't promise big profits. If you look for a stupid asset that promises it, it's nothing but luck for us.

It's like a choice of luck. Best decision is to invest in what you think will make you a profit in the future and also in the long term. There are lots of altcoins that you can buy, but you will also need to do some research before putting your money.

Right now, I only invest with only on top 50 on CMC and only putting my money for some meme coins that I will think they will give me profit in the future but this will depend on the trend.