Edgy - The DeFi Edge 🗡️ Profile picture
Jul 23, 2022 19 tweets 7 min read Read on X
The 10 must-have Crypto research tools I use every day:

(most are free)
Uniwhale (Analytics dashboard)

I use this to track bridge activity across different layer 1s.

Polygon (MATIC) has been on a roll lately.

I can use UniWhale to look at the deposits + withdrawals and get a bigger picture of Layer 1 trends.
Dune Analytics (Analytics Dashboards)

Dune lets you visualize different metrics into easy-to-understand charts.

Everything from DeFi usage down to dapp-specific dashboards.

I invest in GMX and found a dashboard that helps me see important indicators.
Crypto Panic (News Aggregator)

This is where I get most of my Crypto news (outside of Twitter).

Think of it like Reddit for Crypto news.

The amount of news can be overwhelming.

I sort by "Important" to help filter the signal from the noise. Image
Santiment (Crypto Intelligence)

Most people look at price charts.

That's it.

Sanbase allows you to combine prices with other behaviors.

You can see price + development activity + social trends.

(and many other indicators) ImageImage
Nansen (On Chain Analytics)

The best feature is "Smart Money" - these are profiles that have demonstrated a history of kicking ass.

(Such as funds and first movers)

Use it to see what smart money's buying, and get in before the YouTubers start making videos. ImageImageImage
Messari (Market Intelligence)

I'd describe Messari as a swiss army knife.

• Charts
• Price Data
• Research Reports
• Community Screeners

One of the best values in Crypto at $25/month. ImageImage
Token Terminal (Crypto Financial Data)

People are tired of inflationary tokens and printed money.

They want to see real revenue being generated.

Use Token Terminal to see which blockchains and dapps are making money. Image
Fear & Greed Index (Sentiment Indicator)

Your Twitter feed is tricky.

What if you're following a bunch of bulls, and they're always optimistic.

I check the fear & greed index to get a better idea of how the market feels. Image
DeFiLlama (DeFi Analytics)

I'm heavy into Alt layer 1s - DeFiLlama helps me compare them through the Total Value Locked metrics.

The biggest use case of DeFillama for me is it helps me find hidden gems in each ecosystem.

Here's how: Image
I'm a fan of AVAX, and I haven't kept up with the ecosystem.

I'm looking for:
• At least $1m > in TVL.
• What has a high +7d% week over week (shows some traction)

EverRise checks the boxes.

I'll add it to my list to research.

(This is NOT an endorsement to buy) Image
DexScreener (Real-time price charts)

I use this to set watch lists of my portfolio and to create price alerts.

Think about a big event.

An influencer shills a project, or there's an exploit.

You can see the real-time buying and selling action with this tool. Image
This Isn't a Complete List

Off the top of my head, I also use Glassnode, Trading View, Coingecko, IntotheBlock, etc.

The ones that I listed here are my "must haves" that I use everyday as part of my research process.

I don't want to overwhelm you with too many options.
Think About Your Workflow

I designed my research process FIRST, and then the tools helped me.

You can tell that:
1) I'm into Alt Layer 1s
2) I'm a visual learner
3) I like finding tokens that are trending and are > $1m

These tools aid my investing and trading style.
I am NOT Trading Now

I'm still in ETH/stables, along with various small bets.

I'm researching every day to stay on top of trends and to get a sense of future narratives forming.
Don't feel the pressure to sign up and use every tool.

This is my career - I have 12+ hours a day to dedicate to this.

Most of the time you don't need more tools.

You actually need to use what you already have.
Research is How You Get an Edge

Reading the same threads and watching the same videos as everyone else doesn't give you an edge.

Edges come from doing hard research and thinking.
Transparency

No one paid me.
No one gifted me a free account.

You signing up for anything does not help me with my child support payments. 😆

Also, don't FOMO into buying tools thinking they're a magic bullet.

Try out the free/trial versions first.
1. Follow me @thedefiedge because I'm still grinding in the bear market.

2. Subscribe to TheDeFiEdge.com for exclusive content each week (it's free)

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More from @thedefiedge

Mar 8
Most people will end this bull market with $0.

They'll make preventable mistakes that cost themselves life-changing wealth.

So here are 15 mistakes to AVOID in bull markets (and how to prevent them):
(make sure you bookmark the tweet above to save)

1. Not Taking Profits

No one cares about your ATH portfolio - what matters is what you KEEP at the end of the cycle.

Here's an example of a system:

(adjust to your own risk tolerances) Image
Tips:

• If you feel like a genius or are screenshotting your gains, it's time to take profits.

• Taking profits means taking them OFF THE TABLE into fiat, stables, or long-term coins - not putting them into more high-risk projects.

• Create an exit plan for the cycle.
Read 24 tweets
Feb 13
Most people suck at managing their Crypto research.

They'll feel information overload and FALL BEHIND in the bull market.

Here are some frameworks to be more organized & to stop feeling overwhelmed:
Crypto keeps expanding while you're stuck at 2-3 hours a day of research.

Information overload happens when your brain has too many inputs to handle.

information overload → burn out → poor investing decisions

(Make sure you bookmark this thread for reference) Image
The Solution?

Let's assume you can't spend more time researching.

There are two ways to tame the chaos:

1) Improve your SYSTEMS to process information.
2) LIMIT the amount of input to process.

Let's start by improving your systems.
Read 26 tweets
Jan 11
The Crypto Bull Market is here.

You can make life-changing money in the next 2 years, but ONLY IF you use the right strategies.

Here's my step-by-step playbook to maximize your profits:

(includes portfolio strategies and choosing narratives) Image
What you'll learn:

• Portfolio strategies
• Narrative selection
• Bull market frameworks

Bookmark the tweet above because you'll want easy access to it when things start going crazy.

Let's begin.
Building a Portfolio

Here's MY approach.

1. Long Term investments
2. Stablecoins
3. Focus on 3 Narratives

Note: You might go through multiple narratives throughout the cycle to maximize profits.

% allocation depends on your risk tolerance & goals Image
Read 32 tweets
Dec 31, 2023
If you haven't done your 2024 annual planning yet, read this:
"Direction is more important than speed."

Spending a few hours (or even days) doing your annual planning is the highest leverage thing you can do right now.

I've been planning annually for 15+ years, and I'll share my battle-tested frameworks for personal/crypto with you.
PART 1: Looking Backwards

What happened this year? Let's refresh your memory.

Start a new spreadsheet and write down the major events & milestones.

Break it down by months and create personal, business, and crypto columns.

Here's an example: Image
Read 27 tweets
Aug 31, 2023
Being early is an advantage.

But there's nothing worse than thinking you're early when you're the exit liquidity.

Ask, how did you find out about this project?

Early: On-chain movements
Late: Reading a thread from a big influencer. Congrats, you're their exit liquidity.
Consider a narrative's lifespan.

Narratives don't last long in choppy markets due to lack of inflows / later entrants.

How long did hamster / friendtech last?

They can last for months in a bull market due to so many more players and liquidity.
Sometimes, I'll see tweets encouraging people to try to trade in this environment.

"Real traders can trade here!"
"PVP is a meme"

Show me the incentives and I'll show you the outcome.

Completely ok to be on the sidelines until the game's on easy mode.
Read 8 tweets
Aug 1, 2023
Bald is a memecoin that skyrocketed to $100m within 2 days.

Then the mysterious dev pulled liquidity and crashed the price.

The main suspect behind this?

Sam Bankman Fried.

Here's everything you need to know in 5 minutes: Image
First, this is 100% speculation - none of this is evidence.

But where there's smoke, there's fire. There are enough coincidences to give this story a look.

The details are all over the place, so I wanted to curate everything so you can catch up quickly.
Background:

Base is a new L2 by Coinbase built on Optimism. There's a lot of hype around the chain.

• The chance of an airdrop
• Coinbase's brand and distribution
• It's new, and ETH Layer 2s are hot
• Could be the Binance Smart Chain of the West Image
Read 23 tweets

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