Cheap Cryptos to Buy Now (Get in EARLY)

Summary

In this video, the speaker discusses cheap cryptocurrencies that could offer significant gains in the upcoming bull run. They share their investment strategy of buying during market fear and selling during euphoric price surges. The speaker highlights various cryptos, including Quantum Computing-related projects like QuanX, gaming coins like Cyg, and meme coins like Rizzo and SUI. With a diversified portfolio approach, the speaker emphasizes the importance of market cap over coin price. Throughout, they provide insights into market corrections, the potential for upside, and the risks of investing in volatile assets.

Takeaways

• 😀 The presenter discusses cheap cryptocurrencies that have the potential for significant gains in the upcoming bull run, emphasizing personal experience and speculation in their portfolio.
• 😀 A disclaimer is provided stating that the video does not offer financial advice, and viewers are encouraged to watch the entire video to gain valuable insights.
• 😀 The cryptocurrency market has seen a 5% overall increase, but there was a brief period of fear, uncertainty, and doubt, which presented buying opportunities for the presenter.
• 😀 The presenter follows a strategy of buying when others are scared (during market dips) and taking profits when there’s euphoria (during rallies).
• 😀 The video mentions multiple cryptocurrencies in the presenter’s portfolio, including XLM, XRP, Doge, ETH, SUI, Solana, Casper, ADA, Aptos, and Algorand, highlighting their potential for future growth.
• 😀 Quantum Computing is highlighted as a growing buzzword, with the presenter recommending QuanX (currently at a $13M market cap) as an early-stage investment in the quantum resistance niche.
• 😀 Cyg, a gaming cryptocurrency with a market cap of $5.9 million, is also introduced as a potential low-market cap opportunity, particularly for those interested in the gaming sector.
• 😀 The presenter emphasizes that the market cap, not the price, is the most important factor when evaluating cryptos. Lower market caps indicate more room for growth compared to larger cap coins like Bitcoin and Ethereum.
• 😀 Polkadot (DOT) is mentioned as an underperforming large-cap coin with a current market cap of $14 billion. Despite a lack of excitement around Polkadot, the presenter sees potential for it to rise with the overall market trend.
• 😀 Meme coins are also discussed, with mention of the SUI-based meme coin breaking a $100 million market cap and other meme coins like Rizzo, which has shown promise despite sideways movement.
• 😀 The presenter advises caution, reminding viewers that any of the mentioned cryptocurrencies could experience significant drops, even as much as 25-35%, and urges viewers to be mindful of the risks involved in the crypto market.

Q & A

What is the main strategy of the content creator when the market experiences fear and uncertainty?

The content creator's main strategy is to buy heavily and often during periods of fear, uncertainty, and doubt (FUD). This approach is based on the idea that these market conditions present opportunities to acquire assets at lower prices.

How does the creator approach selling during euphoric market conditions?

The creator tends to take profits when the market is in a euphoric phase, meaning when prices are surging and there is widespread optimism. This is the point at which the creator believes it's time to sell and realize gains.

What is the significance of market cap over the price of a cryptocurrency?

The market cap of a cryptocurrency is more important than its price because it reflects the total value of the currency. A low market cap suggests a coin may have more room to grow, while a high market cap indicates the coin is already a major player with less potential for explosive growth.

What is the potential upside for Polkadot (DOT) according to the content creator?

The content creator believes Polkadot (DOT) could have a 3x upside, especially if it follows the typical pattern of other assets that rise during a bull market. However, they note that there isn't much current excitement around Polkadot.

What role does Quantum Computing play in the content creator’s portfolio strategy?

The content creator has invested in a project called QuanX, which is positioning itself as a blockchain resistant to quantum computing threats. They view this project as an early-stage opportunity with high growth potential due to the increasing buzz around quantum computing.

What is the market cap of the gaming cryptocurrency Cyg, and why is it considered an opportunity?

Cyg currently has a market cap of just $5.9 million, making it a relatively low-cap cryptocurrency. The content creator sees it as an opportunity due to its gaming focus and the potential for future growth as it gains more centralized exchange listings.

Why is the content creator excited about meme coins like Low 5 and Rizzo?

The content creator is excited about meme coins like Low 5 and Rizzo because they see potential for significant gains. Low 5 recently reached a $100 million market cap, which represents a 5x increase from earlier prices. Rizzo, although currently in a sideways trend, shows potential for a future upside based on the community's excitement and market conditions.

What is the strategy for dealing with significant drops in price, as demonstrated by the 1In coin?

The creator demonstrates a strategy of buying the dip during significant drops, as seen with the 1In coin. When the price dropped 25-36%, they took advantage of the fear by dollar-cost averaging into the position. This strategy is aimed at acquiring assets at a discount during moments of panic.

How does the content creator balance their portfolio between large, mid, and small-cap cryptocurrencies?

The content creator diversifies their portfolio by including a mix of Bitcoin (large cap), mid-cap coins like Chainlink, and small-cap meme coins or altcoins that have high growth potential. This strategy is designed to balance risk and reward while targeting different stages of the market cycle.

Why does the content creator emphasize the importance of doing research before buying or selling a cryptocurrency?

The content creator emphasizes research to ensure that decisions are based on thorough analysis and understanding of a project. They caution against blindly following trends or making impulsive decisions, as the cryptocurrency market is volatile and risky.