Most investors in crypto have no clue what each crypto does and if it is working on a real use case. The aim is to buy low and sell high and are not looking at 5 or 10 years down the road. The problem is with most of the crypto investments they don't actually have real use cases besides what they offer currently and that is the ability to buy low and sell high during the market cycles. This will change as various projects mature and adoption takes place due to the need to own as they provide a service required by businesses or a general use case.
Finding Crypto projects that have real ever day life use cases has always been my go to investments, but that is easier said than done. Some projects talk the talk, but being so early it is still hard to vision the walk the walk part. This is why you have to think and look ahead and have an open mind.
Finding projects that have utility which will result in a need to own over those that have nothing will change crypto forever. Many of these projects are continually evolving and developing and don't reflect their true value.
This is what makes crypto a minefield as we have to keep on reminding ourselves how early we still are. Many projects don't realistically reflect the dollar value whilst others have literally nothing to offer and are seemingly over valued. This in many ways makes no sense for those that have done their research as clearly the projects over valued there has been no or little research undertaken.
Over time there has to be a swing occurring as the need to own projects take center stage pushing the no use case crypto to the bottom of the pack. We are still a few years out before this becomes obvious, but we know for certain it is going to happen.
For too long now we have seen crypto projects being influenced by what Bitcoin is doing and this will continue until the need to own takes place. If you consider each crypto project as a separate business offering a different solution or service why understanding what your chosen investments are busy developing and where they are heading is vital.
Being early allows you to get involved at very cheap prices in comparison to what they could be in 5 or 10 years from now. If you aren't reading up and learning what projects are doing then these will be waster years and only have yourself to blame when things change.
History tells us most wealth on investments is generated in the early days and why these next few years are important for growing our stake in various projects. The 100 x or 1000 x gems are already here in crypto today and it is a matter of finding them and then staying patient. It still baffles me sometimes why people sell certain crypto knowing what they will be worth later on unless they are going to be buying back cheaper.
The buying and selling and then rebuying is not going to always pay off as the need to own tokens will become independent of the market swings due to the constant demand. Very few crypto projects have bucked the Bitcoin trend as we see today the majority are all down a good 75-90% from their all time highs. That has to change and will change and we will know immediately as this will be the total opposite of what we have seen over the last 5 years. This is the point when we know if we have chosen our crypto projects wisely or not as this is not about luck anymore.