In a bull market we get corrections in BTC, during that time alts dump harder.
This seems incredibly scary, yet it makes for the best buying opportunities in alts.
The market tells you the future winners.
In this thread, I’ll teach you how: 🧵 👇
What sounds overly complicated is in fact very simple.
You want to buy the strong coins.
“hoeem how do we find them?”
Let me tell you how: 👇
1: Utilise CoinGecko
- Head over to CoinGecko (@coingecko)
- Click top gainers & losers
2: Change time frames
This is powerful during a market dump as you get to see the strength of a coin.
- Click 24h, note smallest losers, top gainers
Any tokens that stayed green today in top 100/300 are mega strong.
- Click 7d, note top gainers
Check strength here over last week.
- Check 30d, note top gainers
Check strength here over the last 30d.
- Check 60d, note top gainers
Check strength here over the last 60d.
3: Change risk tolerance
Change the mcap of the coins selected depending on risk tolerance.
More coins included in search = higher risk tolerance.
- Click top 100, 300, 1000, all coins
4: Note reoccurring coins
If you see a token pop up strong on a few time frames then it’s one you must include on your watchlist.
All gainers and winners here need to be in your basket if you remain bullish during a pullback.
Now relax, you’re ready to buy the dip!
Summary:
- Use CoinGecko to find winners.
- Find consistent winners.
- Find winners from different risks.
- Diversify buys in different categories.
If you enjoyed this quick, yet important thread due to the market reaction then you’ll love my newsletter!
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