I've seen a couple or so newbie accounts asking for a 'criteria' on how to choose an altcoin that would have the greatest potential to be a 1000x coin.
I'm gonna throw around some ideas but as all of you already know, this is in no way financial advice. This is just all for the lulz and it would be cool if you guys throw your own ideas in the mix too... So here goes.
Criteria to find the next 1000x coin:
It must not be listed in any of the major exchanges. This is not a hard rule but I noticed that 1000x coins are mostly unknown.
It must have a dog logo. What can I say, memecoins seem to go up by a lot more than the rest of the market.
Be mindful of market cap. The lower, the better. If a coin's market cap is 100m, 1000x would be 100b. Lol. It would take a lot of money to pump it that high. But if the market cap is just 1 million, 1000x would be 1 billion. It's much more possible it could happen imho.
That's it for now.
Edit: Great criteria here...
I would like to add that it needs to be new token/coin that people haven't yet tweeted about, at least not too much. Preferably with no advertising bounties. Old projects under 10M marketcap have either died or something bad has happened behind the scene. Something that no one is interested in them, so unless you know some inside news about those, you are betting on a dead horse.
Also no price talk on the channel gives a professional touch that makes me think it's already more mature and professional then 90% projects out there.
I don't think it's possible to get 1000 times profit from Altcoin, I generally believe Bitcoin is ready to give maximum profit. Most people attract investors with the lure of higher profits, which make all people willing to invest and face the highest possible losses. I think if a person wants to invest safely then he should definitely think about investing in Bitcoin.