Debunking Crypto Investing Myths – Finding 100-Baggers Is Far More Difficult Than It Sounds

Hitting 100-baggers, the ‘wet dream’ of every crypto investor, is a nearly impossible challenge to achieve.

The world of crypto investing, is, unfortunately, awash with false claims, hype, hysteria, and fear of missing out (“FOMO”). The industry attracts many newcomers with little experience. If an NFT you purchased went up 10,000%, it’s easy to believe you’re an expert and explain “how you did it” with a blog or chart.  

And people don’t write blogs about where they went wrong when they lose their trades – as has happened with every successful trader and investor, at some stage. If a crypto portfolio goes up 10,000% and subsequently loses 99% of its value, there will often be only one headline – and it’s not the latter. 

Conversely, for every attempt to hit 100-baggers, there is an exponentially higher number of failed attempts. The latter may lead to significant losses.

In other words, finding potential 100-bagger, ensuring protection in case it does not work, finding the right timing to enter an exit, is the combination of skills required to hit 100-baggers. However, this combination of skills is rare to find.

Premium crypto research alert – The Highest Risk Reward Solana Play (100x Candidate)

A 34,809,269% price increase through 100-bagger tokens?

This tweet below is a prime example of misleading claims within the Web3 investment industry. Such claims can be met with a large degree of skepticism, for the reasons outlined below. 

First, reliably finding 100x low-cap cryptos is going to be exceedingly difficult, and the vast majority of your trades are going to be losing ones. Parallels can be drawn to VC investors in TradFi, who invest in a wide variety of industries in the hopes that one or two 50 to 100-baggers make up for the inevitable losers. Even the very best VC professionals lose most of their investments in new startups. 

There are other questions regarding the above tweet. We don’t know that the trader has not taken the other side of the trade. Or that it is claim itself is true. Or that he/she is not the owner of the 100-bagger tokens in question, which are often pump-and-dump schemes that subsequently lose their value. Most ICO startups, after all, are scams. 

The irony is that impressive gains are certainly possible in the industry, especially when dealing with 2x – 10x returns as opposed to 100-baggers. ROI yields in the wider crypto industry are largely unparalleled. But patience and a long term approach is needed to get the best results, instead of impulsive entries. 

Unfortunately, people will either fail to invest or will invest in overhyped coins. The sad reality is that chasing 100-baggers is more often than not going to result in realizing significant losses.

How to make substantial returns in crypto investing

It’s entirely possible to make impressive returns in crypto trading. But this can only be done with chart analysis, not from paid press releases or random tweets from anonymous traders The seasoned chartist looks at graphs and stats with a perspective that is, in many ways, 100% opposite of the way the beginner investor or layperson. 

For example, a “boring coin” that has not done anything in years is undergoing a consolidation that will result in a breakout. A market crash is a prime opportunity to get tokens at a discount. Bull runs are bad news because we can’t buy any coins unless the charts (not the media) indicate further upside is possible. 

See related – Crypto Success 2024: Asymmetric Returns In Altcoin Markets.

While altcoins are positively correlated to Bitcoin, it does not mean that returns are standardized. For instance, while Bitcoin increased from $25K to $42K from October 12 to December 23,  2023, SOL saw a ~5x in the same timeframe while DOT experienced a ~2.5x. Not all coins move up in unison.

The charts provide the best opportunities for spotting which coin offers the best ROI in a given timeframe. But they often appear with mysterious setups that are practically impossible for the untrained eye to understand and act upon.  

Potential 100-baggers for the expert chartist

In contrast to most investors, we get very excited at IH when we see charts such as the ones below. Not so much when we see media headlines or misleading tweets.

The first chart is likely the only 100-bagger candidate we currently can find. We dedicated an alert in our crypto research service to this token tip, shared on February 18th, 2024 with subscribers to the research service: The Highest Risk Reward Solana Play (100x Candidate).

This second chart is wildly bullish over the long term, with 50x potential by 2026. 

This third chart is a bullish rounded reversal followed by another wide bullish rounded reversal. We expect 10x upside potential by 2025. 

Most analysts will not be able to correctly read the charts above. The charts should also be analyzed in conjunction with the right amount of fundamental analysis to make an accurate forecast. 

Can a premium charting service help spot 100-baggers

Is it a good idea to subscribe to premium crypto charting services to find 100-baggers?

The truth is that the probability of hitting a 100-bagger in a premium service is extremely low. It’s not impossible, it’s very low.

InvestingHaven has the benefit that it is the first crypto investing research service in the world, since early 2017. This implies that the data can speak, not the editor. In 2020, we hit a 100-bagger with Theta, some of our members had life changing returns. Theta went up almost exactly 100x since our recommended entry point. At the time we flashed a buy alert on Theta, we could not know it would rise 100x.

On Sunday, February 18th, 2024, we discussed one 100-bagger candidate in our premium crypto service. The alert is instantly accessible to anyone who subscribes to receive our research. Available, for anyone to read, in the restricted area: The Highest Risk Reward Solana Play (100x Candidate).

Disclaimer: This is not financial advice. Please consult with a licensed financial advisor prior to making any investments.