BEAR MARKET RESEARCH: THIS IS WHAT YOU NEED TO BE DOING!!.
The crypto bear market has many seasoned crypto holders calling on their community to take advantage of opportunities by finding promising coins and tokens for the next crypto bull run. However, doing your own research is easier said than done, especially when it comes to cryptocurrency. In this post I'm going to tell you how to do research for 20x, 50x,100x,200x crypto gems and make the next crypto bull run a life changing event.
The first step to finding a crypto project is to look at authoritative secondary sources such as coin market cap, binance research especially coin messari . On coin market cap you typically get a short summary of the project when you scroll down the page and most of the time, coin market cap will have an in-depth explainer on their crypto education hub called Alexandria. If you can't find the summary, chances are the project is new or not very well known.
As for binance research, googling the name of the project plus the words binance research or binance academy should give you very useful resources.
With messari, you should be able to find most if not all information you need, unless the project is fresh out of the gates or extremely obscure. You'll find this information by clicking on the profile tab of the project main page.
You should note that authoritative secondary sources can be a double edge sword because while they often provide very high quality profiles about crypto projects, it's very rare that they're ever fully up to date even so they tend to make concepts about crypto projects, especially the tokenomics. This is why messari is an amazing resource.
The second way to research a crypto project is to look at that project website from top to bottom and I mean it in every sense of the word. A good place to start is with the terms and conditions and privacy policy pages which can usually be found at the bottom of the website. Most crypto projects are built by a software company but are legally owned and operated by a non profit organization. This magical set up seems to protect most crypto projects from regulations. Pay attention to pages related to tokenomics, road maps or milestones, FAQ especially the developer's documentation.
The third step to finding a crypto project is to find its official YouTube channel.if you can't then it's possible this YouTube channel is under the name of the company that built the project or the non profit organization that oversees it's development. In some cases the project may not have a YouTube channel at all, in this case you should try and find a community run channel or even a YouTuber who covers the crypto project.
After that skim through the video titles to see if there's anything you think might be helpful to watch such as explanation of what the project is or how it works or road map release or update, most importantly interviews with the project manager. Watching interviews and taking note should be considered as the bread and butter of your research.
The fourth step is scrolling through blogs and mediums . Reading blogs and mediums will occasionally reveal some details about the project that can't be found anywhere else.
The final step to researching a crypto project is to go through as much of the social media history and activity of the project and its founders as you possibly can. Start with the project and founders' linkedin profile. The next social media sites to check are Twitter, telegram, discord and reddit to know how many members are part of it and its followers. Take a second to assess just how large of a following this project has. If a crypto project social media account is next to no engagement then you're either very early or the project is dead in the water, after all how can the token or coin pump if there's no body to feel the FOMO.