How to turn $1000 into $1 million by buying tiny crypto coins?
Have you heard of the saying the rich get richer and the poor get poorer? In an ideal world, it’s true. However, if you learn how to buy tiny crypto coins that have huge potential to explode in value and hold them for many years, then you can potentially turn $1000 into $1 million or more!
These tiny cryptos are the most risky, but they also offer the best returns. So, how do you find these tiny cryptocurrencies? Well, that's exactly what we're going to see in today's video.
So, watch this video all the way through so you don't miss anything.
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Now without further ado, let's get straight to the point
If you're a crypto investor, you've probably noticed that the market isn't looking too good today. You can see that bitcoin below 30,000 is starting to recover a little bit. It briefly went down to $26,000 after the Terra Luna crash. Absolutely crazy. Was that the lowest point? Is it going to get any worse? That's what we'll see right now.
We're going to share with you our opinion on the current market conditions, before showing you how to find those next tiny crypto coins to help you get through the bear market and potentially become the next crypto millionaire. We know that beginners have the impression that the crypto market is crashing. But, rest assured, this is precisely the right time to not give up. Know that everyone who became a millionaire with crypto in the past had experienced the same thing.
And they took the opportunity to buy the small crypto coins, and that's how they were able to turn their small investment into several million.
You get the idea. This is where you'll be able to make exponential gains.
Imagine what you could get with Bitcoin if you had bought it early. Now, if you didn't know that Bitcoin and the entire cryptocurrency market run on these four-year cycles, they are never perfect. There are some differences and things change. But for the most part, this has really stayed intact. In fact, last year, around November, that's when we were supposed to see an explosive top. Now, we haven't gone as high as we thought we would, but we've had some euphoria and some of these alternative currencies have gone completely crazy.
But, what's crazy here is that this is all caused by Bitcoin.
It was because of the Bitcoin halving.
The halving is an event in which the reward for miners who create Bitcoin will be halved. This event takes place about every four years. The last halving, on May 11, 2020, reduced the reward from 12.5 to 6.25. This is the third halving since the cryptocurrency star's inception in 2009, following those in November 2012 and July 2016. At the next halving, the mining reward will consequently increase to 3.125 bitcoins. And so on... This scheme will allow to reach the maximum of 21 million bitcoins in circulation by 2140, as predicted by Satoshi Nakamoto, Bitcoin's anonymous creator. That's literally over 100 years from today.
Today, there are 19 million Bitcoins in circulation. Halving is also synonymous with a rise in the price of bitcoin. At least that's what happened with the first two halvings. This is not surprising, since bitcoin, like many assets, depends on supply and demand. And with a falling supply, its price tends to rise. For the third, the pattern was not repeated as bitcoin lost 2% to settle at $8,560. It must be said that this halving takes place in a rather special context related to the coronavirus epidemic.
This is how bitcoin imposes synthetic price inflation until all bitcoins are released.
If you look at the chart and the entire life cycle of Bitcoin, you'll see that we've had several explosive peaks and they're coming down and it keeps going up and up.
Many of us will still be around by 2140, let's hope we are. But all the bitcoins that will ever exist are already here, and it's going to be even harder to mine them in the future. And that supply shock is what sends everything into an upcoming cryptographic bull run. Well, right now, we are certainly not in a Bull run. We're in a bear market.
So, why not go for small cryptocurrencies?
Now, how do you become the next crypto millionaire? Well, let us show you exactly using as an example, Polygon Matic.
According to CoinMarketCap, its price is very low. Can it go lower? Can it go down to $0.36? Absolutely, it can. But where you should buy this cryptocurrency was at the very beginning. Just around a penny. And that's where you wanted to sell it when it was two or three dollars, that's literally 150 times to 200 times your money. That's where you can make life-changing gains and become a millionaire in crypto-currencies. If you put $10,000 into this cryptocurrency in December 2020 and sold near the top, you would have turned $10,000 into over a million. Now, again, it's very difficult to time the peaks in crypto investing. But the truth is that these opportunities do exist. You just need to know where to look.
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Now, another crypto-currency that went absolutely parabolic was Axie Infinity which started at $0.15 but reached $150 at its peak. Since then, it's come back to crash at just around $21.
In fact, what we're trying to show you here is that it's possible to take a very small amount of money and turn it into many millions of dollars. But that's where you have to manage your risk. Most people, unfortunately, end up buying the corner. When everyone else has found out. It keeps going up and pumping and they don't want to miss out on the FOMO and then unfortunately they end up selling when it drops, taking massive losses.
But if you stick around during the bearish periods when everything is in the red, that's when you can do incredibly well. But where do you find these little coins?
One of the best places to find these tiny cryptocurrency coins are incubators and launch pads, and we've shared that with you many times on this channel. This is where you can find new projects early and if you can be an early investor, this is where all the money can be made. Also, you don't have to risk as much money.
Also, the startup places like Polkastarter give you early access to tomorrow's ideas and you can see all the different token sales here. And that's where you need to do your research too.
Again, you need to do some research first.
You can't just start blindly investing in things, hoping to get lucky. Maybe once in a while, a tiny crypto-currency coin you're going to buy will blow up, and you'll make a lot of X. But if you continue to do this over the long term, it's very likely that it won't work out very well for you. You really need to understand what you are investing in. You also need to learn how to manage your risks.
Cryptocurrencies are very risky and very volatile. That is why you should never risk more than you can afford to lose if you do even more research. Just look here on Polkastarter, you can see all the IDO futures, many of these crypto-currencies are massively in the green for their investors after their launch. So, if you can be a very early investor, you will definitely make a lot of money. This is where you can do very well even in a bear market. And when things come back up, that's when if you get some of these little cryptocurrency coins, they can do really well for you. Now, remember, this is not financial advice, but we are just sharing with you the exact strategy of how to find these small cryptocurrency coins.
Because of that, from there, you're going to be able to select the coin that you want, understand the search, understand the price per token, understand where it's going to be listed, and what the project is.
Now, Polkastarter is not just the only incubator or Launchpad, Bscpad is yet another one that we've shared many times on this channel.
If you go to this Launchpad and click on the Projects tab, you'll see a variety of different projects that not only have been incubated but others that are coming very soon. Again, the whole idea is to use these incubators and launch pads to do research. From there, you need to understand what you're getting into, because these crypto-currencies, especially the new ones, are extremely volatile and carry considerable risk. But if you can time a couple of these correctly, you can do very well.
In fact, even on Bscpad, many of these crypto-currencies have made hundreds of Xs. Qmall, which literally just launched into the bear market about a month ago, is still up about 10 to 20X from the presale price. Even with this dip to $0.82, pre-sellers were able to buy this crypto-currency for around $0.03. Those are crazy gains if you were able to get into the presale.
Now, is the best time to participate in a cryptocurrency presale or ICO? It depends on too many different factors as well as projects, but that's really how you find those hidden gems. And if you are an early investor in some of these smaller cryptocurrencies, you can do very well.
Now, there's a really interesting project that you absolutely must-have. We've been talking about it for many months and we really believe it could be your next 100X or 1000X coin. It's called PulseChain. Now the testnet is online and rumor has it that in the next couple of weeks this token will be listed and launched. For now, you can see on many exchanges that the price of PulseChain or the Pls token is sitting at zero as there is no data and nothing has been officially launched at the time of this posting. But it looks like it will be listed on Binance, one of the largest exchanges in the world and this is just one of many exchanges where PulseChain will be launched. It will also be launched on PulseX, its own DEX. And just the fact that it is going to be launched on many exchanges guarantees it has huge growth potential.
Now, if you want to know more about PulseChain, we have made a series of videos about it. We invite you to visit our channel to better understand the project.
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