How do coins get on your personal radar?

menacebi

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Hey there, I'm tired of being super late to the party when it comes to crypto. For a while now, I've been wanting to throw small money at new coins with a super small barrier to entry, but I've struggled finding good coins early and not getting rugpulled. For example, I made like a hundred bucks on SHIB but I was a year late to the party and the next shitcoin I invested into was a scam. So that's why I'm asking you guys what your process is.

1. How do you find out about coins super early?
2. What platforms do you use to buy new coins?
3. How do you not get scammed?
 
1. Twitter, Reddit, Discord and Telegram groups.
You can find some decent gems here early - especially Telegram groups. With that said, lots of influencers mostly shill stuff they have invested in which is fine as potentially less risky and you can still make some decent gains. With that said, they also get paid to shill junk and so still could get rugged.

2. I prefer BSC as gas fees are super low.
Eth gas fees are insane. It's also cheaper to launch a token on BSC and so lots more scams happen. Poocoin or Pancake swap are fine to buy tokens with.

3. You need to check the token carefully.
Some things to consider: is the liquidity locked, are the transactions valid, is anyone selling, is the website/social platforms semi-decent etc? Poocoin and BSC Scan are very helpful.

Even after checking everything on a token, it still may be a rug, and investing in projects early is very risky.

Always DYOR and NFA.
 
I personally take into account what a coin is, who finances it, what it was created for, capitalization, growth in the last couple of months at least. The way this coin is advertised, and the increase in trading per day.
 
Here and Reddit. Also if it’s a serious coin, I’d like to know their supply limit as well as if a burn will be taking place and also what’s the purpose of the coin. As far as meme coins, I don’t care to much as long as they have a bit of hype. I’ll throw in a couple of $
 
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