- Timothy Ruth focuses on investing in undervalued blockchain protocols with solid foundations.
- He researches global issues and then discovers projects that will address those problems.
- Then Roth examines her market value and determines if there is much room for growth.
Timothy Ruth started investing in stocks in 2007, but after seeing massive growth in Bitcoin in 2019, he started taking a serious interest in the crypto market. He realized that no matter how volatile the booming cryptocurrency was, the Bitcoin chart was still predictable.
While Roth was earning a bachelor’s degree in quantitative economics from the Naval Academy, he had access to a career start-up loan—a large chunk of the money he used to invest in stocks. That is, until it completely collapsed during the 2008 stock market crash.
Then, a professor at the academy, who was also a successful trader, offered him to teach him and some of his classmates technical analysis. That was when Ruth said he learned to trade regardless of market conditions.
Today, Roth is dedicated to trading cryptocurrency while sharing his knowledge of technical analysis with his followers on social media platforms such as TikTok, where he is known as CryptoWeatherMan.
And while a lot of the stock and cryptocurrency markets are hurting right now, Roth is not worried about the general sentiment. Instead, focus on getting into solid projects early on while still being undervalued.
“We see those posts gain 30,000%, or this is a 100x gain. Well, if we want to get those kinds of gains, your best bet is to find fundamentally strong cryptocurrencies with very low market caps that haven’t gotten any attention so far. Ruth said.
Finding this rare gem means digging through a lot of data and, at times, getting to the teams building these protocols and asking key questions, something Ruth did when evaluating early projects. Not many of these projects are available on every major exchange when they find them – but once they become available to a larger audience of investors, there is potential for massive, rapid growth.
Roth is also focused on finding blockchain protocols that solve big problems. He begins by identifying the biggest issues of society – not only in the United States, but globally – and looks for projects that are trying to address them. Something like an infrastructure bill and where you’re looking to spend money is a good starting point for him.
Things like energy, data storage, and cybersecurity are among Roth’s areas of interest. Then it scans CoinMarketCap for cryptocurrencies that provide benefit and solutions to these sectors.
The catch is that projects that are still in their infancy are very volatile and certainly risky. In addition to this, there are other traders who have also taken over it for profit. Higher price tops also mean deep lows as traders sell in droves to lock in gains.
Moonshot options for 10x to 100x growth
When Roth was researching cryptocurrencies that provide interest in the energy sector, Powerledger (POWR) Popped.
Powerledger is an operating system for the new energy markets. It supports the tracking and trading of energy, resilience services, and environmental goods. It operates internationally in several different countries and is headquartered in Australia.
Roth said the energy crisis will continue to develop globally, which is why he thinks the POWR could potentially reach 10x or more. In fact, it’s already up 93% since December 30, he noted.
As of Friday, POWR is trading at around $0.53, according to CoinMarketCap.
Persian (PRQ) is another solid bet that Ruth loves. It acts as a bridge between Web 2.0 and Web 3.0 projects, which means that when companies are looking to move to Web 3.0, this will be the preferred project.
Roth believes that many large companies will eventually want or even need to move their digital assets to the web3.0 format. And when that happens, developers will need tools to address challenges in security and scalability. Roth thinks they will likely turn to PARSIQ for the integration.
PRQ was trading at around $0.42 on Friday, with a
63 million dollars. Roth believes this plane will fly, and its value increases 5 to 10 times.
care solution (SOLVE) is a protocol aimed at decentralizing healthcare networks. Roth noted that she already has a large number of clients and networks, including insurance companies.
“If you go out of state and need to go to a medical facility, they need to update all your records and update your insurance information, but Solve Care aims to solve that problem. No matter where you go, the information is already available on the blockchain,” Roth said.
He added that the leadership team is active within the community. He was able to contact the team and get his questions answered.
SOLVE was trading at around $0.12 on Friday, according to CoinMarketCap. Its current market value is $53 million, but Roth believes it is undervalued and has a 10x potential. He believes it’s only a matter of time before it crosses the $100 million market cap, if not $300 million.
Quantstamp (QSP) The main focus is on protecting what is already there rather than on recovering. It can identify vulnerabilities and exploits in the blockchain and smart contracts.
Roth believes that when web2.0 platforms start moving to web3.0, that’s the kind of protocol you’ll need.
As of Friday, QSP is trading at around $0.04 with a market capitalization of $28 million. As it is listed on more exchanges and as the institution adjusts to its usefulness, Roth says this has a potential of up to 15 times.
Many of these cryptocurrencies are not yet available on all exchanges. Roth points out that QSP may be the hardest to get, but when it hits an accessible exchange, its market value will drop just as effectively.
“I think in 2022, we’re going to see that they’re doing particularly well, and that’s probably going to be mid-year to end because that basic hype has to be taken out of the communities and kept away,” Roth said.
He continued, “But these are crowds. If I have to wait longer than 2022, I will. Just keep watching that the leadership teams continue to progress through their roadmaps as they deliver.”