How to filter 99% of the projects you see?
If you wanna make a better research, there are some basic rules you can follow.
- Chart reaction to the first major dip
Did it have a major dip? I check how holders and the chart responded in the days after. If there's chaos, fud and panic while the team is silent -> auto pass for me.
- Volume is king
If the daily / weekly volume is low or inconsistent - I skip it or just buy small. No demand, no point. I don't care how good it looks, organic volume = interest.
- Founders / Advisors (for utility)
Are they doxxed? Any track record? It's not a must, but from my experience people feel safer betting on utilities where at least someone is doxxed.
- Wallets
Are there any smart wallets? Any big wallets ($500k + of stables / eth / sol)? I check wallet flows, people underestimate how important it is.
- Community
This is crucial BOTH for utilities and memes.
Is the TG/Discord alive or is it just buybots and raiding teams? Are devs showing up daily and interact with holders? is there any real discussion other than "wagmi" messages? The organic activity for me is more important than even the chart.
- Narrative fit
Does the project align with current narratives or momentum cycles? I don't care how big the idea is, it must have a narrative. Coins without a clear narrative struggle no matter how high quality it is.
- Resilience
Did it bounce quickly from selloffs or bleed slowly? This might be a good signal to add more / derisk and sell slowly..
- CEXs are not that important
$KTA is a great example. No CEXs yet it's performing better than 99% of the tokens. CEXs is nice to have and good catalysts, but good coins not equals being listed on good cexs.
And the most important thing - I always, but always, try to take my initials out. Once the initials are out, I feel much safer to hold my moon bags during all the pull backs because it's now "risk free". This actually allows me to pull a lot more Xs and to ape in a lot of more coins.
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