Topic: how can i find alt coins before they explod - page 2. (Read 1370 times)

Primarily looking in Binance is a bit biased to check whether coins are even gonna be "potentially good". There are pros and cons in each exchange and on how Binance almost tries to make its user do a KYC verification made me retract what I said before about it being my favorite exchange.

For overall searching of coins, just go to CMC.

Large investors are now paying close attention to cryptocurrencies and how they can be used in the financial sector to link cryptocurrencies with fiat.

If you know the market trend, you will buy all altcoins that have a market cap top 100, because you will know that altseason has not yet peaked, and this means that almost all altcoins have not exploded in price,
You can look at altcoin chart in 2017, the average altcoin price rose more than 10x in just a few months, even though at that time mass adoption was not what it is today, and how would the price of altcoins at that time if altseason peaked when mass adoption occurred? I'm sure you'll understand what I mean

Most investors are aiming to ride with this kind of news, knowing that binance have that support.

They are aware that once the project reach this exchange the value have that chance to pump high, some waits for the coin to list and
see if how the market reacts, if bullish surely you'll see them riding with the popularities and enjoying the ride.
Just take time to assess and never to rush out do your DYOR even you already see good prospect assets to invest.

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There are a lot of new projects popping up every day with such a high pump, but don't you realize that finding such altcoins is very difficult especially when there are too many shitcons on the market today. My suggestion is to find a newly listed altcoin on Binance with a unique concept, usually at any time the project will explod.

If a coin is hype, then it's already popular and maybe we're too late, however if the coin is still on early hype, then maybe we still have a chance to see the coin becoming even more popular, one of example is axie, although many people have said that it will not go up again, it's still go up because it have good utility, which is for playing axie game, similar with other crypto games like binamon.

Not only on this Altcoin, but on other Altcoins it is also necessary to pay attention to how big the jump is and how much is the decline, because without paying attention to this, everyone will not be able to act properly.

The simple way is you have to keep eye on every new coin, what is their idea, goal, and budget and how many people are attracting towards their project. This is hard to do but if any one project goes 100x your all hard work will be appreciated. I hope you will find soon some good projects.

It is worth paying attention to the jumps / falls that have already happened with this altcoin

Yes neither with me, cannot wait for see them with more bullish again in the future. Hope it can be a wonderful project in the future. Because hoenstly i really like their system with planet and other stuffs like that. Maybe i want invest with BYG when my time to invest is coming. Instead of BYG, right now i'm really looking into Flux and also R0OK with DIVI as well. Cannot miss their potential as well too.

I am glad I am not the only one looking at BYG. Seems like a lot of people are overlooking it as another BSC token and not looking at the utility or the long term goal of the project. I am glad to see it getting off the ground and the growth is speaking for itself. Can't wait for the updated roadmap and where this project goes.

In order to find alts before they blow up you have to look at a few things. The most important for me is their team and their backers. Projects with shit teams will never explode or at least last. Projects without top VC’s with good reputations backing them will also probably not blow up because these VC’s jobs are to find projects that will blow up, so if the pros don’t see potential there is usually something wrong with the project. I’ll give you an example of a project that I think will blow up. It’s called NEAR. It’s team is world class with developers that came from huge companies including Facebook and Google. This is very important because without top developers projects won’t be as good, it’s just common sense. NEAR is also backed by coinbase and Pantera Capital just to name a couple of the VC’s backing them. This is important because these VC’ are known for finding top notch projects before they blow up and have a track record that speaks for it self. Without these 2 important parts it’s hard for a project to blow up. Obviously their are other important things like community, what’s being built on it, energy usage and etc but these are the main ones I look at first. By the way NEAR checks all of these boxes and I recommend looking into it if you haven’t already.

I know you haven't heard of $near yet, the trending and future blockchain which already posseses the features of the hyped ETH 2.0, well not to say much! I believe so much in $near and I can boldly say fundamentally that coin is bullish, well I would also advice you not to take advices blindly, try as much as possible to make your own researches (DYOR) it would really be helpful dear friend.

it is necessary to follow all the possible information before investing eventually as if hype is created around the project, if it is well publicized if the project is credible if the coin is already listed on the exchange and if it has significant trading volumes, then eventually tries to do the bounty if there are before investing

You did it right, you should first learn full about crypto and trading and then you should take risks and invest your money. You can find good coins by searching, researching new coins. You can check all information about new and old coins on Coinmarketcap, Coingecko, Cointelegraph , etc.

All analysis is just to find the opportunity of each good project so you can add the top 3 projects to see the market demand, but you can share the investment on each of the three projects at once so there is a high chance of getting an altcoin that will explode.

Actually, we cannot really be certain about an altcoin we are currently eyeing with regards to going high. Almost all of the top altcoins we have right now started from the bottom and grown very much due to the support and trust of many. Maybe you can use it as a hint that a certain altcoin will soon explode through observing if many people are patronizing it. On the other hand, pay attention to bitcoin's value too because it happens almost every time that it affects the value of altcoins wherein when bitcoin is pumping, altcoins will also do as well.

In recent developments, the growth of some altcoin values ​​is seen as better than Bitcoin thanks to the altcoin season.
Pay attention to business goals because every coin developer and its blockchain technology certainly has a specific business goal.
Supply and circulation are also noteworthy, as supply and circulation affect the price of crypto assets.

Yes i really agree with you, so many people this day really influenced by some one or influencer, but at this point i'm not judging any influencer tbh haha. But it's from my own opinion. And yes i already took a look on BYG token as well. They have their history chart really great in the past almost 7x-10x form this past 14 days. That's really great to know. BYG token is decentralized metaverse running on the Ethereum,ERC721, and Binance Smart Chain block-chains. You can check it and look out for this token.