Hey guys.
In this post, I will tell you how you can make money in the current alt season.
⚠️ *Important:* this is not a financial recommendation, but just my vision of the market. Always assess the risks yourself.
If your goal is to accelerate the deposit, pay attention to altcoins of medium and low capitalization. They can give a high percentage of profit in a short time. However, remember: great opportunities are associated with high risks. If you are ready for this, here is my approach to choosing altcoins.
Criteria for analyzing altcoins:
1️⃣ Choose a sector with high performance. For example, use CoinMarketCap or similar services to evaluate the leading segments.
2️⃣Find coins in this sector that are not in the top. They should have a good trading volume and be listed on several Tier-1 exchanges to ensure liquidity.
3️⃣ Avoid coins with recent super-pumps. Find those that have not yet gone through extreme growth cycles and are relatively new, but already have interest from the market.
4️⃣ Analyze investors. Pay attention to projects in which crypto funds have invested. This indirectly confirms that the project has been carefully selected, and the likelihood of a scam is reduced.
5️⃣ Consider the market situation and conduct technical analysis. Buy when the trend begins to develop, and avoid overheated assets.
Analysis example: @The Graph
1️⃣ Sector: AI (artificial intelligence) - highly performing, 1 point.
2️⃣ Coin: $GRT (55th place by capitalization) is inferior to the more famous $FET and $ICP , 1 point.
3️⃣ Trend: Is in a global uptrend, but not new - 0 points.
4️⃣ Investors: Among them are large crypto funds - 1 point.
5️⃣ Technical analysis: The price has broken through consolidation, there has been no super pump yet - 1 point.
💡 Result: 4 out of 5 points - an excellent candidate.
By following these criteria or adapting them to yourself, you can find interesting coins to trade.
📌 Forward to friends who are interested in crypto, your gratitude for the information.