Recently, we saw Bitcoin hit an all-time high near $70,000. On the surface, $70,000 per Bitcoin is a lot of cash. However, as an investor, even if Bitcoin increases to $140,000, you will only double your investment. Doesn’t seem that impressive now, does it?
It is impossible to invest in Bitcoin at current prices and expect a 1,000x return on your investment. Likewise, for Ethereum, it is very likely that Ethereum will reach $10,000 in the near future. But at current prices, you’re still only seeing about 2x the return on your investment. Again, not that impressive considering this article earned about +1,000x profits.
The point is that if you are looking for a life-changing investment in cryptocurrency, you will not find a return on investment greater than 1,000x in the top 100 cryptocurrencies. It is not even found within the top 1,000 cryptocurrencies (by market capitalization).
To find rare gems offering 1,000x, you should start your search in the micro and nano cap markets. If you dig a little deeper, you’ll soon realize that you can find investments worth 1,000x or more. Most projects require you to buy at the bottom right at the start.
Many cryptocurrency experts and promoters will push projects claiming 20x or 100x returns. But before you jump in, consider how realistic these claims are. If you crunch the numbers, you will see that most of these claims are very unrealistic.
The upper and lower limits of the cryptocurrency market are already defined. Within large capitals (>200 billion), Bitcoin and Ethereum account for most of the cryptocurrency market share.
The majority of the remaining market capitalization is made up of large projects ($10-200 billion). These are generally the top 20 cryptocurrencies (excluding Bitcoin and Ethereum, of course).
So if you’re calculating a 20x or 100x return on your investment and the market capitalization doesn’t already fall reasonably within the predefined level, your revenue estimates are likely grossly exaggerated.
You may have heard many people speculating that SHIBA will reach $0.05. However, this is almost impossible. That would require a nearly 1,000-fold increase in market capitalization, which would make it a larger market capitalization than Bitcoin, which is highly unlikely.
However, SHIBA provides a good example of a project proposed to early investors. +1,000x gain – If purchased early.
If you bought a Shiba Inu on October 1st of this year when the price was $0.00000729 (about a month ago) and sold it for today’s price ($0.00005146), you would have made a return on your investment of ~600%, or 6x. It’s not bad.
But the real secret to making 1,000x profits is to buy much faster. In the case of Shiba Inu, it is as follows. Purchased 8 months ago…
Note: The chart does not clearly illustrate the benefits of buying early. Because it is overshadowed by future profits. Math to better explain, This point.
If you bought at $0.00000007 on April 8 and sold at today’s price ($0.00005146), your return on investment would look very different. you would have made 73,414% or +700x In investment. Much better.
To achieve a +1,000x investment in Shiba Inu, you would have had to buy at this price and sell near the high ($0.00008). 114,185% or +1,000x.
This type of profit is not common, but it is not impossible. I previously wrote about one investor who did this and turned $8,000 of Shiba stock into $5.7 billion in less than a year.
Until not long ago, the only way to buy early was through initial coin offerings, called ICOs (cryptocurrency’s version of an IPO). In the past, these investments were only available to angel or individual investor groups. For the rest of us, the first and only opportunity to purchase these new projects would have been when they were first listed on exchanges.
Things are much different today.
ICOs have been replaced by IDOs (Initial Dex Offers).
IDO is a new type of decentralized and permissionless crowdfunding platform that now offers investors the opportunity to buy into the first phase of a project. Within IDO there is an IFO, an initial farm offering where new projects are listed on platforms such as Pancakeswap. Probably the most popular DEX.
The secret to finding those gems and earning profits of 1,000 or more lies in DEX. DEXs exist long before projects are first listed and listed on major cryptocurrency exchanges.
So if you are looking for a life-changing +1,000x gem, you will most likely not find it anywhere else than on a DEX, and the DEX platform you are most likely to find it on will be Pancakeswap.