Unlocking Profits: Your Guide to Discovering Lucrative Coins in an Uncertain Market

Did you know the crypto market is always changing? The only thing that remains constant is the hot spot narrative. The strategy to make quick money in the crypto world is seizing the short-term hot spots, which are always available in meme trading. Most importantly, following as many key opinion leaders is always important, like Musk’s Twitter, NFT big players on Twitter, relevant project parties, and VCs. All of them have their importance.

1. Always follow those KOLs who have high win rates, and verify their follow lists, projects, and people in them.
2. Regularly analyze Twitter to learn current events and narratives.

3. Join Telegram groups about hot projects and trends and learn what everyone is talking about. But do not engage and fall into the trap; just learn what is popular and what people are talking about in the projects.

4. The entire crypto market is completely different. The popular projects in 2023 failed in 2024.

Rapid growth projects

After learning about the hot sports and projects, it’s time to analyze the current targeted crypto project. The main objective is to find out if this project has the potential to reach maximum value.

1. If the project value increases 10% daily and increases day by day. This will show strong momentum and a high rerun value.
2. If the project is in the top five gainer rankings, it suggests that it attracts more money and attention in the market.
3. If the project has a high trading volume, it is an indication that its value increased by more than 10%.
4. The project price is not high because it is easier to raise from $1 to $2 compared to $100 to $300.
5. The circulation volume of the project must be low because if the project has huge unmet demand in the market, the chances of further price increases are much higher.

How you will enter the market

1. Make sure you are in the trend direction and not competing with the trend.
2. If the project price breaks the key resistance level, it is very likely to reach the next resistance level; this is the time to enter the market. Additionally, if the next resistance level gives you at least 2% profit, then you can consider entering the market.
3. Try to learn some key breakthrough patterns, like rising/falling flag/triangle or box patterns, as this will improve your confidence.

Learn Market Sentiments

It is better before and after entering the market to learn about the sentiments because this will ensure your strategy. You can learn about market sentiments on the following platforms.

1. Cryptobubbles: This platform helps you quickly grasp the trend of the cryptocurrency market.
2. LunarCrush: This platform serves as the Twitter analysis platform and gives you detailed information about the market sentiments.
3. Artemis: It is a great platform to capture emerging market trends and discover potential projects or narratives.
4. TweetScout: You can use this tool to analyze Twitter KOLs and their projects.
5. Cryptorank: With this platform, you can monitor the wallets of 100 big players who are making a lot of money.