Mastering the Market: A Step-by-Step Guide on How to Find and Buy Today’s Best Cryptocurrencies
Table of Contents
Hindsight is 20/20, but that doesn’t change the fact that many people wish they had bought bitcoin 10 years ago.
Fortunately, investors still have plenty of opportunities to find tremendous upside potential in the crypto industry.
Altcoins have the potential to produce higher returns than bitcoin (BTC).
All of the aforementioned coins and tokens have outperformed BTC over the past 30 days. While it’s possible that some altcoins continue to rally, others can quickly lose value. Meanwhile, some have no utility, and therefore, no intrinsic value.
How to find rising cryptocurrencies
Investors should use many resources to find top cryptocurrencies instead of relying on one hub. These are some of the places you can find some of the best rising cryptos.
Social media
Social media is a great resource for discovering new cryptos and getting a pulse of current market sentiment. While you shouldn’t buy a cryptocurrency just because a group of people say that they are buying it, discovering a crypto this way can prompt you to do additional research.
Using social media to find the next crypto has some benefits:
- Learning about new crypto assets that may be flying under the radar
- Gauge public sentiment and engagement about new or growing crypto projects (altcoin momentum is often driven by emotion and virality)
- Combine information garnered from social media with external resources to increase the likelihood of making accurate decisions
Data aggregators
Data aggregators like CoinGecko and CoinMarketCap make it easy to filter cryptocurrencies based on their volume, market cap and recent performance.
CoinGecko displays the current price and volume of each altcoin on the list. The top losers are directly beneath the top winners, which is helpful for crypto traders. CoinMarketCap allows users to filter for gains and losses, but also for trending cryptos, upcoming launches and recently added coins and tokens.
Regularly monitoring data aggregators can help you find cryptocurrencies that are gaining momentum. You can then consider a strategic short-term trade or opt to hold a smaller altcoin for the long run.
Crypto screeners
Crypto screeners like DEX Screener can help you filter cryptos based on your preferred parameters, such as recent returns, volume and liquidity.
These filters remove any cryptocurrency from the list that doesn’t fulfill your trading parameters. These screeners offer an abundance of information, but a less-is-more approach can help you find the best cryptocurrencies sooner.
Initial coin offerings
Initial coin offerings (ICOs) are similar to the stock market’s initial price offerings (IPOs). ICOs can drum up plenty of attention in the beginning and potentially reward early investors.
You can stay updated on upcoming ICOs via the ICO Hot List website. Another way to find ICOs is with Best Wallet
Regularly monitoring data aggregators can help you find cryptocurrencies that are gaining momentum. Best Wallet also offers real-time trending coin discovery, direct in-app purchase, no KYC for most tokens, staking, and portfolio management, making it a strong choice for finding today’s best cryptos.
How to find and buy trending cryptos with Best Wallet
1. Download the Best Wallet app from the App Store or Google Play.
2. Open the app and tap the “Trending” or “Crypto to Buy Now” section.
3. Browse real-time trending coins, presales, and curated picks.
4. Select a coin or token, then tap “Buy Now” and purchase with card, Apple Pay, or crypto. There are no KYC requirements for most tokens.
5. Track, stake, or swap your coins instantly in your portfolio dashboard.