How to copy the Dogecoin millionaire’s investment strategy

How to copy the Dogecoin millionaire’s investment strategy
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We live in an age where a strategic purchase of a dog-themed currency can make you a millionaire within months.

Seriously. Dogecoin minted its first famous Dogecoin millionaire (aka SlumDOGE Millionaire) in May 2021. The very next day, the spiking price of Dogecoin made this investor another $1 million. 

Is there an investment strategy we can use to realise the same earnings in our own crypto portfolio?

There sure is. This article will show you how.

Key elements to make a winning crypto investment 

There are three key elements to a crypto investment that has the potential to make you a millionaire:

  • A winning crypto investment is made in a small cap asset that's new, unknown or unpopular
  • A winning crypto investment is made on research and analysis, identifying tokens that have the potential to take over the industry with new ideas
  • A winning crypto investment is held onto for months or years until a breakout

That's how the SlumDOGE Millionaire made a milli. He invested in Dogecoin before the price pump and news stories. He researched it until he was convinced a token based on a meme had the potential to become an alternative form of fun, fascinating and profitable Internet currency.

He was right.

Even more surprising – the SlumDOGE Millionaire hasn't sold anything. He believes Dogecoin will keep on growing.

So what about the rest of us? Should we also buy Dogecoin in the hope it'll keep on growing and make us a million? Or do we copy this strategy and apply it to a variety of small tokens yet to hit the market?

You have to be honest. Dogecoin might keep growing, but it's not going to give latecomers the kind of ROI they're dreaming of. 

Here are three reasons why investing even a small amount in a new token like EverGrow has the potential to make you more than a large investment in Dogecoin.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

1. EverGrow is a small, unknown cryptocurrency that's ripe for breakout 

EverGrow has a market cap of $40 million in November 2022. 

EverGrow launched in the bull market last year and shot to $1 billion market cap within weeks. But the collapse of the crypto market hit DeFi cryptocurrency projects hard and EverGrow lost capital right when it was getting started – but this makes right now a perfect time to invest in EverGrow.

The market is down. No one is watching. It's people who buy in at times like this that make the biggest gains when the market recovers.

For EverGrow to recover $1 billion market cap it would grow 2,000% (from $0.0000001 to $0.000002). That would turn $500 into $10,500. It's a return you couldn't get from Dogecoin unless it overtakes Ethereum BNB, XRP, Dogecoin, Cardano, Polygon, Shiba Inu and more heavyweight competitors.

You'd be better off investing that $500 into a few smaller cryptocurrency projects like EverGrow, rather than going all in on Dogecoin and at best making a 100% return.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

2. EverGrow has new ideas – stablecoin passive income to holders

EverGrow pays stablecoin passive income.

To buy or sell EverGrow you are confronted with a 14% transaction tax. It's a high tax. But 8% of that is converted into Binance USD and paid directly to all holder's wallets.

This tax can be off-putting. But it serves two purposes:

  • Stablecoin passive income attracts new investors, and encourages them to hold to keep on earning and keep the price stable
  • The 14% transaction tax means you earn a cut even if the EverGrow price crashes – a $1 million sell means $140,000 for the community 

This is why EverGrow has paid out more than $38 million to holders – despite having a market cap of almost the same size. The transaction tax protects the community.

A $500 EverGrow investment today might not be making a lot of passive income, just about $1.50 a month in BUSD. But EverGrow passive income is dependent on trading volume – this hit $10 million a day in the last bull market so your $500 EverGrow investment today could be making at least $250 per month passive income when a similar bull market returns.

Few crypto projects can offer you both a price increase and passive income potential worth 50% of your investment every month – as soon as investment comes and stories hit the media about EverGrow's passive income potential, it would explode in price.

But you can only access extraordinary passive income if you buy now at low prices before everyone else.

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

3. EverGrow continuously increases in price 

In September, EverGrow dropped a crypto first: an NFT marketplace which rewards 100% of revenue back to holders.

In this case, all profits from the LunaSky NFT marketplace are used to buyback and burn EverGrow tokens. EverGrow already burns around 5% of its supply each year from a 2% cut of the 14% transaction tax – the marketplace adds an extra revenue stream.

In 2023, an EverGrow wallet, a social media-style app with crypto payments, and a metaverse experience in partnership with Objective Reality Studios will also launch.

Where EverGrow revenue is generated it will be pumped back into burning the token and raising the price. At a future date the team has said revenue will be used to directly fund passive income for holders. 

When that date comes, it'll be too late for you to buy small and hope to make a decent ROI.

But if you buy today you can remain confident that there's so much around the corner. If you believe in a DeFi future where everybody earns more – not just the largest investors taking profits from small, inexperienced newcomers – then EverGrow is a great project for you.

Just be quick before thousands of others catch on!

Buy EverGrow using Trust Wallet or MetaMask: https://evergrowegc.com/

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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