So we have some newer people or those who haven't played with shit coins, and this meaning in the next bull run there is likely a number that will be tempted by the get rich quick or holding onto the crypto until it becomes gold.

For 1,many who makes money in this space doesn't spend a lot to make it. For example, during the last bull run I bought Safe Mars for something like $30 and sold it at something like $800 or $900. My point is, spending $1k isn't smart depending on your wealth because there is many who I spent $1 or $5 that never paid off. An example of one that never paid off is Safe Moon.

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My point is, if you are jumping into this space, you don't need to spend a lot to make a lot. And the more you spend the more you risk. Plus it is all about timing.

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And note many people will call anything not BTC a shit coin. There is no real definition to it. Hell, I seen people call BTC a shit coin. You can't depend on others to figure out what is a legit project and not. Not unless if you get deep into it and actually DYOR. There is a lot of people that will spout off words without knowing the meaning behind them, knowing who is listing, and they just want to be on the in group. This is why I'm making this given guide. It's to help you be able t to do your own research.

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Now with that out of the way

Timing

A lot of people aim for making a lot of money with newer coins. But the problem is they rarely take off. Most people in this space tends to hold their coins for less than 6 months. Many times less than a week.

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And if you are planning on holding longer than there is something you need to know. Buying at the start isn't always the best unless if you can get it before it goes public. For example how many of us got Moons while it was in testing. Example is ETH

https://preview.redd.it/4mbayiqjyhjb1.png?1156&format=png&auto=webp&s=5e5a1f7fa83d395850d102cfe75a58d059e5e872

We can all agree ETH is a useful project and has actual real world uses. But based on the chart, after 2017 you could've waited until 2020 (right before the next bull run) before buying and it wouldn't made much of a difference.

My point is, new coins rarely pay off in a short time and keep paying off. It is sometimes better to look at projects that has been around for many years, and that away you can get a better understanding of where things are going.

And note, back in the first bit of ETH people were questioning if it is a good investment and if it will stay around. Even in 2019 people were questioning this.

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What does it do?

With the new age of AI we are going into. Anyone can get it to make great graphics that would've been high dollar, an AI voice over where you can't tell if it is a human or not, soon enough you won't be able to tell if the people in videos are real or not, and it can make what seems to be a great white paper and site.

Because of this, we MUST shift from problems it could solve to problems it currently solves that second. This goes back to, it's better to wait a bit before jumping in because like the chart I shown above. You likely will get a more than less flat line for a long time before something pays off.

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BTW with this, it is best to assume anything from a newer coin is made by an AI, the developers on discord are AI bots, and so on. Looking at it like this, you might be able to bypass a lot of the marketing crap and look at the raw product they are putting out.

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Partnerships don't mean anything:

A MAJOR thing that happened in the last bull run is partnerships. For example MGM with THETA or Walmart with VET. Even with Walmart (China) using VET and VET having a solution for a real world problem. It didn't help the price at the end

https://preview.redd.it/78ey0cws0ijb1.png?1147&format=png&auto=webp&s=5fc0c01f86f366d15693ee5ed5d377264b60d782

Note I'm not saying VET won't take off in the future. But I'm saying obviously if one of the biggest retail stores in the world didn't help them. Or MGM didn't really do much of anything with THETA (their chart is similar). I wouldn't focus on the partnerships at all. Like at all at all.

I've personally never seen it change the price one way or the other. And buying on this news never has paid off.

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Note there is other things to watch out for, but IMO this is the biggest