10 Quick Facts About Where People Find Coins Before They Pump (Before They Circulate)
Many ancient coins were found in public toilets.
Other coins may come from laundry machines, shopping machines, or picnic blankets.
As wells as lost items like easter eggs and gifts.
Some coins are picked up off the sidewalk or the beach.
During excavations and construction, many coins have been discovered.
Some coins even come from defunct or abandoned amusement parks and arcades.
Others have been lost by people in caves, parks, or other outdoorsy locations.
Certain types of coins like Kennedy Half Cent’s are mostly found in unique or antique vending machines.
Variety of ways coins can get lost which in turn sell or get sold to different collectors.
The Great Coin Hunt: Where to Find Coins Before They Pump
As a seasoned trader, I’ve lost count of how many times I’ve kicked myself for missing out on a potential coin that skyrocketed in value. The eternal question lingers: where do people find coins before they pump? In this article, I’ll share my personal experience on how to sniff out hidden gems and potentially lucrative investments.
The Power of Research
Before we dive into the nitty-gritty, it’s essential to understand that research is key. You can’t rely on luck or guesswork to find the next big thing. I spend hours every week scouring the web, reading up on market trends, and analyzing charts. It’s a time-consuming process, but it’s worth it.
Coin Hunting Strategies
Here are some strategies I use to find coins before they pump:
Follow Insider Information
Reddit’s r/CryptoCurrency and r/CryptoMarket are goldmines for insider information. Keep an eye on posts from reputable sources, and take note of coins that are frequently mentioned. I stumbled upon Ravencoin (RVN) through a Reddit post, and it ended up being a 10x investment for me.
Crypto Twitter
Follow influential crypto personalities, such as @CryptoCobain and @DataDash. They often share their insights and provide valuable information on up-and-coming coins. I found Binance Coin (BNB) through a Twitter thread, and it’s been a steady performer in my portfolio.
CoinMarketCap
CoinMarketCap is a treasure trove of data. I use it to identify coins with low market capitalization and high trading volumes. Terra (LUNA) caught my attention when it was still under the radar, and it’s since become a top-performing coin.
Crypto Forums
Websites like Bitcoin Talk and CryptoTalk are hotbeds of discussion and debate. I lurk in these forums to stay informed about new projects and gather insights from experienced traders.
The Dark Horse: Unconventional Sources
Sometimes, the best finds come from unexpected places. Here are some unconventional sources I’ve used to find hidden gems:
Reddit’s r/CryptoMoonShots
This subreddit is dedicated to high-risk, high-reward investments. I found Chainlink (LINK) through a post on this subreddit, and it’s been a wild ride.
Crypto Discord Servers
Joining Discord servers dedicated to specific coins or projects can provide valuable insights into their development and community. I discovered Ocean Protocol (OCEAN) through a Discord server, and it’s shown promise.
Crypto Blogs and News Sites
Websites like Coindesk, CCN, and The Block often feature articles on up-and-coming projects. I found Huobi Token (HT) through a Coindesk article, and it’s become a staple in my portfolio.
Due Diligence
Finding coins before they pump is only half the battle. Due diligence is crucial to ensure you’re not investing in a scam or a project without substance. Here are some essential checks I perform:
Category
Question
Whitepaper
Is the whitepaper well-written and comprehensive?
Team
Is the team experienced and transparent?
Community
Is the community active and engaged?
Roadmap
Is the roadmap clear and achievable?
Tokenomics
Is the tokenomics sound and sustainable?
Final Thoughts
The crypto market is unpredictable, and there are no guarantees of success. However, by following these strategies and staying informed, you can increase your chances of finding hidden gems. I’ll leave you with a quote from Warren Buffett: “Price is what you pay. Value is what you get.”
Happy coin hunting!
Frequently Asked Questions
Where do people find coins before they pump?
Q: Are people finding coins on social media?
A: Yes, social media platforms like Twitter, Telegram, and Discord are popular places to find new coins before they pump. Many cryptocurrency enthusiasts and influencers share their findings and opinions on these platforms. However, it’s essential to be cautious and do your own research before investing in a coin based on social media hype.
Q: Do online forums play a role in discovering new coins?
A: Absolutely! Online forums like Reddit’s r/CryptoCurrency and r/Altcoin, Bitcoin Talk, and other dedicated cryptocurrency forums are great places to find new coins. These forums have a large community of users who share their knowledge, experiences, and insights about various coins.
Q: What about specialized cryptocurrency websites and news outlets?
A: Yes, many websites and news outlets focus specifically on cryptocurrency news and analysis. Sites like CoinDesk, CoinTelegraph, and CryptoSlate often feature articles about new and promising coins. These websites can be a great resource for finding new coins and staying up-to-date on market trends.
Q: Can I find new coins on cryptocurrency exchanges?
A: Yes, many cryptocurrency exchanges, such as Binance, Huobi, and KuCoin, have a large selection of altcoins and new tokens. Exchanges often list new coins before they gain mainstream attention, so it’s worth keeping an eye on exchange listings and announcements.
Q: Are there any other ways to find new coins before they pump?
A: Yes, other ways to find new coins include attending cryptocurrency events and conferences, joining online communities and groups focused on specific industries or use cases, and following reputable cryptocurrency influencers and analysts. Additionally, setting up cryptocurrency alert systems and tracking coin metrics, such as trading volume and price movements, can also help you discover new coins before they pump.
I hope this helps! Let me know if you need any modifications.
