Well...step number 1 is to wait for a bullmarket. Since we are in one right now, it's important to keep this step in mind. 

Step number 2 is to look for a project that has potential. Check their main websites' view count using similarweb.com and their token stats on whatever token explorer they use/blockchain they use. Then it's your turn to make an educated decision on whether or not to purchase the token. Judging off of exactly what you're looking at, looking at the growth rates of their website view counts and their growth of the token over time. 

For example, if a token's website had experienced 40% of growth month over month in their viewcount...That's a no-brainer 10x. If you see 400%....that's a no-brainer 30x-100x. That's just a trick for you to be able to judge whether a token is good or not. You could also just try talking to a founder and genuinely judge if they're smart enough to grow a token in the first place. Don't go off of vibes. Ask smart questions and test their knowledge of terminologies. Proven successful track records usually mean the most. It shows that they've been successful in the past and will be able to do it once more. 

It's difficult to pick a good token because of the fact that most people don't do enough research. Look at their community's sentiment. How are they? Are they toxic? Are people swearing at each other in their discord? Is their community largely extremely moderated? (good thing) Or is the owner even active in the community? If you answer yes to the toxic part - don't invest. A toxic community will 100% implode over time. It dissincentivizes new individuals from joining the project and only makes it worse for you. 

Also take a look at the staff team. They matter too. 

That's all for today. 

Cheers.