Research, Consistency & Easy Money?
Endless Opportunities
Bull markets are relentless in their ability to continuously provide alpha for the dedicated investor. It’s very much a case of “seek and you will find” when it comes to altcoin gems. Lazy investors do deserve to walk away with very little. There are many, like myself, providing altcoin picks, and drawing attention to potential investment opportunities. Even with all of the groundwork being done for them, many investors are simply too lazy to be bothered.
They want the returns, but it’s easier to have someone tell them what to do. Heaven forbid, they conduct any research of their own. Here’s a simple question, and it’s not rhetorical.
Do you think that someone who has done zero research deserves to benefit from a bull market?
I will answer it from my point of view. No, not at all. The reality is that even in doing your own research, it’s still a challenging task to uncover potential altcoin gems. Doing research is not indicative of success. It’s not a guarantee, there still needs to be a level of knowledge, understanding, and insight regarding the market. Sure benchmark returns are for everyone. However, in my opinion, alpha belongs to the dedicated.
A lot of work goes into uncovering these gems. This information, in my case, is given free of charge. It’s interesting to note that many “influencers” who charge to be a part of their private groups have missed some of the biggest gainers of 2023. Regarding the top 4 altcoin performers of 2023, I identified 3 of them and published them fairly early on, and in certain instances, way before they began pumping.
This can be verified by visiting my earlier articles addressing these potential gems. Taraxa was published at $0.001 and peaked at $0.025. Anyone who followed this move could have realized 2500% within two months. BONK was a similar scenario. Published at $0.000000525, BONK reached a local top of $0.0000146. That’s 2800% within 6 weeks. This information was given free of charge, and yet for many, that’s simply not enough.
Laziness should be penalized, not rewarded. Unfortunately, this tends to increase as we journey deeper into the bull market. More and more no-coiners begin turning green with envy, and eventually, capitulate. They come running, not wanting to put in any effort whatsoever. Disciplined and dedicated investors soldiered on during the bear market and now these opportunists want a free lunch, at their expense.
Influencers with no real concern for personal integrity are only too happy to leverage the “traffic” and monetize this activity. The types of gains that can be realized by researching the information provided by a seasoned Crypto investor are ridiculous. New investors can use this information to begin the journey of their own research. However, that’s as far as it should go, in my opinion.
There’s no such thing as easy money. If money appears to be easy, someone put in the effort and did the research somewhere along the line. Someone always pays the price. Once again, there will appear to be a lot of easy money made in Crypto. However, digging a little deeper into the journey of arriving at that point will reveal a lot more to the story.
Final Thoughts
I respect dedication and determination. Those who are in this space every day, and especially throughout the bear market, have my respect. Opportunists, on the other hand, see no problem with their approach. Do the time, put in the effort… and enjoy the rewards. That’s my belief. Anyway, back to business. The market is once again providing a few lucrative opportunities, BTCD is falling and certain altcoins could take advantage of this.
A recent altcoin pick, Findora, is up 19% today while most of the market is down. This is a scenario often seen in the micro-cap space. Findora is up almost 50% since its recent publication. Have a good one. See you next time!
Disclaimer
First of all, I am not a financial advisor. All information provided on this website is strictly my own opinion and not financial advice. I do make use of affiliate links. Purchasing or interacting with any third-party company could result in me receiving a commission. In some instances, utilizing an affiliate link can also result in a bonus or discount.
This article was first published on Sapphire Crypto.