I Was Asked Recently, "Randy How do You Find These Undervalued Projects?"
Today I am going to use HOLO (Hot) as as example. Recently HOLO hit the markets and the Crypto boards were buzzing with comments like, "This is the next Railblocks (NANO)!" I saw these comments and waited for the right time to jump in.
HOLO hit the exchanges on May 3rd and quickly earned ICO token holders a fat return. Since I missed out on the ICO I had to wait until the market calmed down. So a week after launch I started buying HOLO every few days. Now I have what I consider a respectable amount of the HOT token. I will continue to buy if the price drops to lower my average cost.
These are the Criteria I am Looking For When Buying a Coin/Token.
- The Crypto media and influencers can't be talking about it.
- The Telegram and Discord channels must be full of complaining token hodlers who bought at the top or during ICO.
- The team has a poor social media presence but a strong technical or community presence.
- My favorite projects are something that other projects Dapp's can be built on.
- The Developers are so smart that when I hear them speak about the project I am mindblown.
- Weak Hands must be asking, "When will the token be listed on bigger exchanges?"
- I am looking for projects that can better mankind, not just make me wealthier.
The Response I Get From the Crypto Community When I Buy Projects Like This.
This is not a tactic for people with weak hands or short attention spans. I literally held Flashcoin 10 months before I nailed a 20X return. DBET for 1-2 months with a 3X-4X return depending on when I bought. Steem for one year to achieve 60X. These types of trades will require you to keep your emotions in check and you must not listen to the people who are miserable.