Secret Method For Finding ALT COIN GEMS Every Time!
In the dynamic and constantly changing realm of cryptocurrency, a few savvy individuals managed to amass substantial wealth by investing mere hundreds of dollars into meme coins like Pepe or Doge.
However, the majority of everyday investors were caught off guard, only realizing the coin’s surge when it had already reached staggering heights.
The dilemma arises when you succumb to FOMO and jump into these coins after the fact, only to find yourself in a significant financial downturn.
You can study technical and fundamental analysis all you want, but these moonshot coins would never come up in any conventional method of analysis. Otherwise, every other moderately decent TA analyst would be a millionaire by now.
The thrill of identifying hidden gems, those digital assets with the potential to multiply your investments manyfold, is what keeps many crypto enthusiasts glued to their screens, and that doesn’t really help in this regard.
Though a select few lucky ones that we often hear about in news, are able to buy the right coin at the right time; to actually find these gems, and get in before it’s too late, one needs more than just luck, they need a strategic approach.
I have already covered a few great tools that I routinely use to search for potential gem coins that are unbeknownst to most people.
Today I’ll share a site that is custom built for this purpose.
This is a free tool called Moralis Money that offers an intuitive set of filters designed to effortlessly query blockchain data, providing you with crucial transaction information that assists in evaluating a cryptocurrency’s potential prior to investment.
In this comprehensive guide, I’ll walk you through a step-by-step process on how to leverage Moralis Money to your advantage.
By the end of this journey, you’ll be armed with the knowledge and tools necessary to hunt for those hidden gems and potentially seize the opportunity of a lifetime.
Unlike other tools that use complicated charts and give you too much information to handle, Moralis Money keeps it simple. It gives you a list of crypto tokens that anyone can understand, no matter your experience.
Since its introduction, many people who use it have been making significant profits by finding altcoins before they skyrocket in value.
We can sum up the gist of Moralis Money with the tool’s three core features: Token Explorer, Token Shield, and Token Alerts. They are also a direct response to the three most common challenges that altcoin traders face: FOMO, scams, and lack of time.
Token Explorer —
You can use it to search for specific types of altcoins by setting filters. This also lets people look at different blockchain networks.
Since on-chain data precedes price action, you get to spot opportunities before it’s too late. As such, you’ll have a reliable system that helps keep emotions in check and never FOMO into tokens at the top.
You can apply filters such as coin age, net volume, security score, experienced net buyers, total volume, etc. to filter out tokens. I personally use the filter on security score, net exp buyers, and coin age frequently.
In case you are not sure where to begin, the token explorer comes with a pre-built filter for you to choose from.
Definitely apply a filter on the Security Score to automatically filter out tokens that do not match your risk tolerance. It should always be greater than 80 as a rule of thumb.
Token Shield —
Token Shield is an automated feature that filters results whenever users run their queries. This feature runs a security check on every token on the result list and assigns a security score for each token.
Users can see these scores inside color-coded shields — the higher the score, the lower the risk. So, by focusing on green shields, users can avoid scams like rug pulls.
Token Alerts —
When you have your queries (unique combinations of filters), the great thing is you can set email notifications.
By doing so, you can run your queries on autopilot and, in turn, spot any new token that may match your search criteria.
This means that even casual traders who do not have the time to go full-time crypto can spot opportunities as they show up.
Or just use the interactive widget below to take Moralis Money for a spin. Simply select one of the preset filters or apply your own search criteria.
Although there is also paid versions of this tool that unlock much more flexibility in terms of finding and researching new coins, for a novice and beginner investor or trader, the free version is more than enough and works just fine.
You can in fact, also keep yourself updated on the new coins that are being minted in real time on different blockchains. Newly minted coins can be very risky so exercise extra caution to avoid possible rugpulls.
I hope you found this information useful and with Moralis Money in your toolkit, you will enhance your chances of seizing the opportunity of a lifetime in the dynamic world of cryptocurrency. Moralis Money can really be your secret weapon in the quest for crypto success.
Knowledge can undeniably be powerful, but it is only when we pair it with action that we unlock its true potential. A journey towards success, fulfillment, and personal growth begins with learning, but it reaches its destination through action. So keep learning; and more importantly, take action.
You see, in life, lots of people know what to do, but few people actually do what they know. Knowing is not enough! You must take action. — Tony Robbins
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