BONK Surges 5000% Since My Gem Pick In October
It’s Real!
I often sense that when I speak of 300X (and higher) returns, some readers are somewhat skeptical. However, anyone who chooses to do a little research on CoinGecko will walk away convinced. It’s all factual and verifiable. The data is there, you just have to put in a little effort. However, that’s precisely the problem, if someone is not going to put in the effort for their own benefit how will they put in any effort to verify a claim?
The negative majority effect, is in full force, once again. Crypto is synonymous with monstrous gains. However, many are unaware of how great those gains truly are. For example, we are still in the formative stages of a new bull market, and BONK is already up 50X (5000%) in a matter of 6 weeks. Historically speaking, we still have a very long way to go. When you consider this, the potential for 300X, and more, becomes a lot more plausible.
I initially published BONK as an altcoin pick on the 29th of October. At the time of writing, BONK’s market cap was $24 million… a far cry from its current valuation. BONK’s current market cap is $1.9 billion. This requires a moment to process… from $24 million to $1.9 billion in a matter of weeks. This is phenomenal, by any standards, even for Crypto. What’s important here is to capture this dynamic within your investment decisions.
The fact that we are experiencing such enormous gains so early on in the cycle points towards an incredibly powerful bull market. Many of my altcoin picks have already realized hundreds and thousands of percent gains. I have only published altcoin picks during the last half of this year. Essentially, it would have been premature to begin looking at micro-caps during the first half of 2023.
Many micro-caps are still trading relatively low, concerning their bear market lows. The best time to pick up micro-caps would have been over the past 3 months. A serious market correction at this point would be an amazing opportunity for altcoin investors. Long-term investors benefit from every correction, provided they have additional capital to deploy.
So Very Powerful
If we look at BONK as an example. If you bought with me at the end of October, you would be up 50X, at this point. If BONK were to experience another 100% move up, that 50X would now become 100X. Furthermore, consider for a moment that BONK has already rallied by 100%, today alone. Another 100% from that level will put your ROI at 200X. Can you see how easy it is to reach 300X returns?
There is however a catch, you have to get in early. The risk/reward ratio of micro-caps favors early investors, and ultimately, works to give them an edge. Even a $20K ETH is unattractive to me. A good micro-cap can do that in a month. Altcoins offer such incredible opportunities within a bull market. However, many tend to be ignorant, regarding just how powerful altcoin alpha is.
Final Thoughts
I continue to publish altcoin picks, and especially micro-caps, which I believe stand a good chance of generating altcoin alpha. As a Crypto investor, beating the benchmark is where true profitability takes place. The altcoin average is pretty low when compared to micro-caps that go on to perform in a bull market. Keep hunting alpha… 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.
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