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Topic: Best way to learn and keep up to date on the best alt coins? - page 3. (Read 608 times)

legendary
Activity: 2394
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If you are finding an easy way, then no one can answer your question. Because no one can assure you where you should invest or which altcoins should you buy. Everyone's choice is different, so they all are will suggest to you their favorite altcoins. To invest in altcoin, you have to follow them for a long time and analyze their activities. And must you should choose are reputed coin those are listed on multiple reputed exchanges with a decent volume. So if even an exchange delists a coin then you will be able to sell your altcoin at a reasonable price. Follow the market trends and use your brain, only that would help you to choose the right altcoin.
legendary
Activity: 1904
Merit: 1563
What do you think is the best way to learn which alt coins to invest in?

First and foremost, never invest on something due to hype and many people gained huge profit out of those altcoins. Don't FOMO yourself, as you would be driven by pressure and might invest on peak of an altcoin's price or on a shitcoin.

As many already suggested, better be active in social media platforms, particularly those accounts that never shills an altcoin without showing his analysis through charts. Twitter is the most often haven of active crypto traders and investors, but there are also communities on telegram that would help you on what to invest. Reddit is also good as long as you follow and be notified to posts by analysts there.

But be careful, trading and investing on any alt coins doesn't guarantee you any profit. There can be groups and people that shills alts on the peak of its price yet shorts it right after. It is really safer if you wouldn't rely only on the social media signals and analysis. Keep in mind, it is better to have your own analysis + the analysis of the others for you to come up with a better investment/trading plan, which would befit on how much risk you can take.
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
OK great, thanks, any tips for good people to follow on Twitter would be great?

I follow a guy called Satoshi Stacker on youtube as well and he's really good with the technical analysis and stuff but mainly just focuses on Bitcoin and Ethereum, are there any good alt coin specialists on youtube who actually know what they're talking about on youtube?

I really don't want to endorse any of them because it's totally obvious that they're also bringing publicity to certain coins for their own gain; so my suggestion would just be to follow the crypto people in general, and follow those pseudonymous people with like 10k+ followers. Proceed with caution though, because you definitely could also lose money here.
member
Activity: 145
Merit: 25
(...)
What do you think is the best way to learn which alt coins to invest in?
Researching. Fundamental analysis. If you learn and start to understand what is their goal or if you can see the effect of an altcoin/problem solver, then it will help you to find a gem.

Most of the altcoins you mentioned are in DeFi (Decentralized Finance). We saw recently a huge run for DeFi, leading by Chainlink and those you mentioned, and all/most of them are under in Ethereum network.

Learning fundamental analysis will help you, or you can also do technical analysis or both.

Thanks man, I have been learning a bit but it's a long process. I was kinda hoping for a shortcut  Grin

What do you think is the best way to learn which alt coins to invest in?

If we knew that, we would all be millionaires already.  Cheesy

I'm just kidding. You can try following some trading channels on twitter and telegram. After a while, you will easily decide for yourself which ones give good tips and which ones don't.


Be active on "crypto Twitter". Sometimes you can spot early hype of specific altcoins and make good trades off them. Just take note that a lot of those "cRyPtO iNfLuEnCeRs" on Twitter shill a lot of coins, and which ones end up pumping are pretty hit or miss.

OK great, thanks, any tips for good people to follow on Twitter would be great?

I follow a guy called Satoshi Stacker on youtube as well and he's really good with the technical analysis and stuff but mainly just focuses on Bitcoin and Ethereum, are there any good alt coin specialists on youtube who actually know what they're talking about on youtube?
mk4
legendary
Activity: 2870
Merit: 3873
Paldo.io 🤖
Be active on "crypto Twitter". Sometimes you can spot early hype of specific altcoins and make good trades off them. Just take note that a lot of those "cRyPtO iNfLuEnCeRs" on Twitter shill a lot of coins, and which ones end up pumping are pretty hit or miss.
full member
Activity: 1008
Merit: 139
★Bitvest.io★ Play Plinko or Invest!
What do you think is the best way to learn which alt coins to invest in?

If we knew that, we would all be millionaires already.  Cheesy

I'm just kidding. You can try following some trading channels on twitter and telegram. After a while, you will easily decide for yourself which ones give good tips and which ones don't.
legendary
Activity: 2338
Merit: 1354
(...)
What do you think is the best way to learn which alt coins to invest in?
Researching. Fundamental analysis. If you learn and start to understand what is their goal or if you can see the effect of an altcoin/problem solver, then it will help you to find a gem.

Most of the altcoins you mentioned are in DeFi (Decentralized Finance). We saw recently a huge run for DeFi, leading by Chainlink and those you mentioned, and all/most of them are under in Ethereum network.

Learning fundamental analysis will help you, or you can also do technical analysis or both.
member
Activity: 145
Merit: 25
Hi,

There's been some alt coins that have performed really well recently such as AAVE, SUSHI, UNI etc but I've probably missed the boat a bit on a lot of these.

What do you think is the best way to learn which alt coins to invest in?
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