Hi, so i trade the usual markets, but have been watching crypto not knowing much.After seeing countless times crypto tokens going over 10x,50x, even 100x i had to take a look.I went from trading bitcoin,etherium, to trading smaller stuff like solana,matic, then i found alt coins! Remember how crazy IPO's were back in the late 90's, thats whats happening now. There are these launchpads, like seedify,polkastarter,safelaunch, and many many more. They allow you to buy in at private prices or before the token go public. These are the one that can go 100x from your price. The only thing that sucks with launchers is you have to buy the launchers token, to get allocation or a chance to win a lottery. This can be many $1000 dollars to get a shot. For instance seedify has guaranteed allocation, for $1000 of seedify token, you got an allocation of $5 of cyptomeda,of course it went up alot like 10x or something, but still. Which brings me to pools, like OIG or PlanktonSnowCapital, these places, you dont have to hold tokens, they just take a percentage of your investment, i think around 15-20%. So all of your capital can go towards the private purchase of tokens instead of buying the tokens of launchers.Like go to PlanktonSnowCapital webpage and they have a chart showing you what they have brought out, a 5k investment a couple months ago is now 35k or something. No matter which way you go, launchers or pools, you have to take advatage of this time of the market, which only comes around in a generation.I never thought i would see the bubble of the late 90's again, this time im going to take full advantage of it! I have a bunch invested with PlanktonSnowCapital, that is listing late september, ill comeback then and let you know how i did BloxMove,Defina,Cryptoblades kingdom,Rocosoft,Orion Money, and Privi.
So are you just buying the early stage tokens that you can get your hands on or are you actually evaluating these projects and buying them based upon real business use cases?
I am buying a private placement like a VC, I try and evaluate what i think will succeed. Actually one of the hardest things is trying to find quality projects, thats why the company/pool is important. They evaluate the projects much better then i can, and they try to bring the best only. I then try to pick from those which have the most potential.You will always get stinkers, and lose most of your investment in a project, but you will also, get 20x moves (at least in this crypto bull market) that makes up for them and more.
Always a danger lurking in the shadows.they haven’t started cracking down on them, just rumors they want to.
Real business use cases? Dogecoin outperformed everything. May i know what is it's real business use case? It was literally created as a joke. It's a fork of litecoin which is a fork of Bitcoin.
The thread topic is about getting into speculative, private placement ICOs that could return huge multiples, not buying established meme coins like DOGE, so I'm not sure why you're asking me that question to begin with.
I mentioned pools in my post, because you can invest with a small allocation, if you have 50k, you can generally invest in the token directly. Except the hottest ones, where they will only let influencers invest with them.
[Disclosure: Seedify Fund $Sfund is small portion of my pfolio] I heard about Sfund launchpad and the huge returns, but it requires KYC to participate and has limits (for fairness I think). I do not believe people from the US are allowed
No, any KYC won’t allow US residents. My pool doesn’t though. I wanted to get into seedify but didn’t find out until it was in he 3’s and I thought it was too risky, since it went like 500% in a couple weeks