Best way to learn and keep up to date on the best alt coins?

[Bergkampsballs]

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?

[GreatArkansas]

(...)
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.

[Marvelman]

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. 

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.

[mk4]

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.

[Bergkampsballs]

(...)
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  

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.  

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]

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.

[Maus0728]

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.

[The Cryptovator]

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.

[Asuspawer09]

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?

Probably make your research do your homework to the altcoins that your planning to invest to check the legitimacy of it check the whitepaper whats the purpose of the project etc.

When your trade daily it's essential to monitor the movement of the market as well as news and articles about the tokens because most of the time movement in the market depends on these things.

The thing is it's difficult to predict which altcoins will perform the best or pump but you could make your chances higher with this plan you could also check some Twitter crypto posts.

[jaberwock]

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?

I would say best way to follow them up would be bitcointalk, we are here for a reason and that reason is to check what is going on. There are obviously few other places as well that I can suggest but the number one place I would suggest is here. On the altcoin discussion section as well and not just bitcointalk in general, if you check this section and all the topics here, if you read it everyday once when you wake up and once after dinner, you are going to have a great deal of what is going on.

Secondly twitter, there are tons of twitter accounts that follow these kinds of new things and on the rise things, you can get information from there. Thirdly reddit, there are many subreddits dedicated for altcoins and similar stuff, so long story short you will be capable of checking these three places and learn what people are talking about easily.

[hatshepsut93]

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.

This is why it's not a good idea to try to chase pumps, for every coin that got pumped there's dozens of coins that got dumped, and there's really no good way to tell if a coin will get pumped or not - social media hype, press announcements, news, development activity - these things don't always translate into value. People think that they are "buying the rumors", but they actually might being "sold the news".

[passwordnow]

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.

I agree about Twitter. There are tons of tweets that you can see with plain explanation to which is about to get the attention. As you know, Musk is also on twitter and his tweets are really making the markets move.
And there's no other way of making yourself updated by being active in other platforms too like in the forum and actively reading market news through several crypto news media platforms.

[mk4]

This is why it's not a good idea to try to chase pumps, for every coin that got pumped there's dozens of coins that got dumped, and there's really no good way to tell if a coin will get pumped or not - social media hype, press announcements, news, development activity - these things don't always translate into value. People think that they are "buying the rumors", but they actually might being "sold the news".

Yeap, while some people can definitely make this strategy work, I really don't recommend going this path. It's pretty much just like day-trading in a sense— it can work for some people, but it's going to end up being a really really bad idea for most. I just think there's a lot better things with better risk:reward ratios out there(like starting a business).

[SquirrelJulietGarden]

This is why it's not a good idea to try to chase pumps, for every coin that got pumped there's dozens of coins that got dumped, and there's really no good way to tell if a coin will get pumped or not - social media hype, press announcements, news, development activity - these things don't always translate into value. People think that they are "buying the rumors", but they actually might being "sold the news".

Chase pumps is Fomo trading and if you choose a bad time and price to join, you will see your decision ends with loss. It is not for newbies. Only very professional traders can control risks and make good decisions to get profits.

The latter part is true. Filter and choose a coin that does not pump and wait for news to sell it with pumps.

As you know, Musk is also on twitter and his tweets are really making the markets move.

With his fortune, why does he make those tweets? I can not explain his reasons.

Yeap, while some people can definitely make this strategy work, I really don't recommend going this path. It's pretty much just like day-trading in a sense— it can work for some people, but it's going to end up being a really really bad idea for most. I just think there's a lot better things with better risk:reward ratios out there(like starting a business).

Risk management is not easy. Emotion can affect decisions. Loss streak can cause bad decisions but even win streak and result in bad decisions. When your emotion is very positive, you can forget to control risks and can lose all you have earned.

Work hard and carefully for weeks and you can lose it in one hour or few days.

[sujonali1819]

To be get alert first you always should follow the social medias. So choose one you like more ex: Twitter, telegram channel/group, facebook etc and keep active there. Hope it will bring notifications soon after sharing by project team. (In this case you only get the specific project channel notification only?)

So if you want to get notification for many alts in one place then you may try some telegram channel which only share such news so fast too.

[sheenshane]

Be careful in joining social media groups such as the pump and dump group because sometimes they might misleading their members in selling targets and might you encounter losses if you keep following those kinds of groups. 

If you want to keep up to date those projects that you think there's a potential to have a profit, you can join their social media as they mentioned above.  But if you think there's a way how to know when those altcoins when it pumps, the pump and dump group I mentioned above will most likely know everything but only on those selective altcoins they want to pump and then dump which is very risky to join.

I would recommend being active in this forum, people here are up to date in different news and OP will get different ideas in which project has potentially good for investment and also can be warned which scam project.

[passwordnow]

As you know, Musk is also on twitter and his tweets are really making the markets move.

With his fortune, why does he make those tweets? I can not explain his reasons.

I cannot answer you whatever on his mind but I can give my opinion why he seems to be like that. He's for the technology and he can see that there's a lot of potential for bitcoin and to the entire cryptocurrency market. He's rich, right and why he won't stop tweeting about Doge or bitcoin? I think he's just enjoying it and testing how much power he has to make the market move with his every single tweet. But you know what, his company Tesla just purchased $1.5B worth of bitcoin and likely to accept payments in bitcoin.

[AniviaBtc]

(...)
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.

Fundamental Analysis and Technical analysis are both important and you should spend time to understand these two.

If you are looking for the best alt coins that are existing in the market, you can search that here in this forum or you can check in some platforms about the updates on some altcoin's price. But I will suggest you to invest in Eth as soon as possible so that you can make it profitable besides bitcoin.

Because I know a lot of people who only invested on bitcoin and they didn't explore cryptocurrency more.

[ahoenk]

Ypu can do some research in this forum or discord of that alt, and now many altcoin has their own forum, i also usually searching for the news on their twitter and telegram, ask developer or foundation member on their telegram is the good way to know whats project they are doing.

[dhemasm]

I personally use this method, you can take part in some telegram & discord discussions where various people are discussing more intensely about potential altcoins, besides that, it's also a good reddit alternative besides discussing here (Bitcointalk). While watching various discussions, you can ask questions or study independently by paying attention to several factors that I think are important, such as Development, Partnership, Listing, News, Chart, etc. I'm also still learning and the suggestions above are my own experiences and hope it can help you mate, Good luck!