Sunday, August 22, 2021

Picking Winners with Coinmarkcal (that's not a typo)

In a bull market, it's not hard to turn a profit, but if you want to maximise your gains then you'll need to seek those coins that will pump harder than others. Yeah, you could jump on the latest meme coin trend and buy a ton of ELONJIZZDOGE or whatever, but probably the best way is to take note of upcoming events, launches, and so on.

Take Cardano for example. Everyone here seems either totally surprised or pleasantly vindicated by its recent performance. Some of us, however, just saw that they were doing the Alonzo hard fork on September 12th and knew that, in a bull market, there was no way this wasn't going to pump hard.

Likewise, take BMON. It's yet another stupid crypto game but for some reason it's absolutely mooned over the past few days. Why? Because it launches on August 28th. When you know that, you can buy it, ride it, and get off before the launch.

In other words, projects that have something big in the pipeline moon hard in the days and weeks leading up to it. For things like a Bitcoin halvening or the last Ethereum update, it's big news and everyone who isn't living under a rock knows about it.

But what about the rare gems?

One great tool I've been using for a few years is Coinmarketcal.com. Nope, that's not a typo. Everytime I try to visit it, my browser warns me it could be a scam because it's so similar to Coinmarketcap.com, but this "cal" is short for "calendar."

It's basically a list of upcoming events. Much of it is crap, of course, but you can search through all that to find some amazing buys. I used it to find the ADA and BMON events and it's paid off nicely.

So for those of you who didn't already know it, that's my gift. I'm not affiliated with them and there's no referral code or anything. Just wanted to share a cool method of finding the next pump. Of course, this is not financial advice and you should all DYOR etc etc etc.

Good luck. May the crypto gods shine on your portfolio.


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