HACKER Q&A
📣 deadcoder0904

How do you spot trends in Crypto before it blows up?


How do you spot trends in Crypto before it blows up?


  👤 multimedial Accepted Answer ✓
Yeah. I am practicing old skool trend following, yet would be interested in the same topic.

Sadly, I believe there is no silver bullet for that, the blow-ups seem to be rather chaotic, at least on the short to midterm basis.

Whereas for mid- to longterm trends, this usually correlates somehow with the technical „backup“ or substance that is provided for a given project: - does the project have a clear vision? - does the project have its own technical platform (its own blockchain for instance)? - how innovative is the project?

Projects like Ethereum, Cardano and Polkadot for instance do have a higher probability (!) to grow in my opinion, as they have significant technical knowledge and expertise under their belt.


👤 248ff
The same way you spot them in tech-stocks. When projects that don't deserve attention/funding receive a lot of attention/funding then you are in a bubble. A good recent example of that is the doge & NFT hype.