The Signal Foundry

How to get rich on altcoins? (Part 2) 🔵 So, we already know that the popularity of a project is very important, and metrics confirm whether the product is being used. Let's continue exploring this topic. 🔥 Clear tokenomics 🔵 If you plan to hold a token for only a few days, tokenomics is not that important. But for medium- and long-term investments, it's a different story. 🔵 For example, TIA has fallen by more than 90% over the past 17 months due to enormous selling pressure from early investors after each token unlock. Therefore, it is important to study tokenomics before buying a token. 🔵 What I look at when researching a token: Upcoming unlocks (you can check the tokenomics and unlocks of popular tokens via Tokenomist) In general, I want at least 30% of tokens to be in circulation, and the annual issuance (inflation) to be no more than 20-35%. 🔵 Also, if a large unlock is expected in the near future (for example, more than 20% of the current circulation), I would not buy this token. Token utility. I always ask myself two questions: – Does the token benefit from the success of the protocol? – And why would someone buy it at a higher price than me? 🔵 The best options are income distribution mechanics or token buybacks. Although strong utility is a big plus, it is not essential. I have seen many tokens with almost no utility that still grew well.

How to get rich on altcoins? (Part 1) 🔵 In a poll on Discord, you voted for topics that interest you. We heard you, so let's talk about finding that one project to make some money. 🔵 The bull market is back (at least for now). But the question is, which altcoins are most likely to become top performers? 🔵 During the 2021 bull market, almost every random coin was growing. But since then, everything has changed. 🔵 Millions of new altcoins have been launched, and now it is extremely important to be very selective about what to buy in order to make money. 🔵 In this post, I want to share my crypto checklist and what I look for in projects.