The secret to discovering the best crypto to invest in right now lies in a newly launched tool created by Web3 developers and altcoin traders – Moralis Money!
Our team of experienced traders managed to identify crypto opportunities such as MATIC and EGLD before their prices rose by 17,000% and 7,700%! We combined their knowledge with the skills of leading Web3 developers to empower traders with clear, actionable on-chain data.
In this article, you’ll learn the basic investment principles you need to know to be successful in your crypto investments. Plus, you’ll discover how easy it is to get started with this free tool known as Moralis Money to explore up-and-coming cryptos before they break out!
All in all, this article will help you determine the best crypto to invest in at any given time!
How Do I Find the Best Crypto to Invest In?
First of all, you need to determine your goals with crypto investments. Are you looking for safer crypto assets with lower gains, or are you interested in maximum gains? If the latter is what you are after, you want to focus on altcoins.
With proper timing, altcoins are definitely the best crypto to invest in! After all, the average altcoin experience 50x-70x price appreciation during a bull market.
Plus, many coins offered 100x and even 1000x in the past cycles. You can expect similar opportunities in the upcoming bull market as well.
Of course, it’s all about spotting these opportunities early, and the earliest indication of potential opportunities comes from reliable, real-time, on-chain data.
So, take Moralis Money for a spin and experience the thrill of finding the best crypto to invest in before it takes off.
The Moralis Money Token Explorer feature allows casual traders to get the insights previously reserved for full-time crypto traders. Using this tool is as simple as it gets. All you need to do is apply some filters and run your query.
Everyone can use Moralis Money free of charge. However, the free plan limits you to higher timeframes. But you can upgrade to the Pro plan for maximum advantage. That way, you’ll be able to focus on lower timeframes (hourly and daily), access unique filters, and store more of your queries.
So, use Moralis Money and finally find tokens before they pump!
Top Three Steps to Finding the Best Crypto to Invest in Right Now
When you first dive into crypto and start investing in altcoins, various sources will bombard you with different strategies and tactics. Of course, many of them claim to be the best. Therefore, it’s imperative to be cautious. With some experience, you’ll figure out what works best for you.
However, using our three steps in the following sub-sections, you can save time, effort, and capital and avoid unnecessary frustration. In short, the three steps to finding the best crypto to invest in right now are as follows:
- Use Moralis Money
- DYOR
- Looking at the Overall Crypto Market at the Moment
There’s more than enough wiggle room within each of these steps to allow you to find your unique way. But they provide a valuable framework to help you improve your chances of successfully finding the best crypto to invest in at any moment.
It’s also worth noting that unless you plan on shorting the crypto markets, often, the best answer to “what crypto to buy now?” is to “stay on the sidelines.” After all, proper timing is the key to successful investing!
Use Moralis Money
The first step to finding the best crypto to invest in right now is using Moralis Money. By either using preset filters or your unique filters, you can get on-chain data in an easy-to-understand format. It will tell you if there are any tokens gaining momentum and also help you spot newly minted coins!
The main benefits of Moralis Money come in the form of this tool’s three core features: Token Explorer, Token Shield, and Token Alerts. Let’s explore each feature further!
- Use Token Explorer to obtain a list of tokens that are either gaining or losing momentum. With Token Explorer, you get access to real-time, on-chain data and acn spot any long or short opportunity pretty early. This also means that you avoid FOMO at the top.
- Token Shield is an automated feature that runs security checks for your queries and provides tokens matching your filter security scores. Token Shield helps you avoid scams and minimize your risk!
- With Token Alerts, you can set up email notifications for your saved queries. That way, your filters detect new tokens that match your criteria. Essentially, this powerful feature allows you to perform marker analysis 24/7 on autopilot.
Moralis Money is the best tool for finding crypto that will explode soon, indicating which crypto to invest in right now. As such, you can stay ahead with your crypto investments.
So, how can you use this real-time tool to find market alpha?
Getting Started with Moralis Money
The simplest and fastest way to get going with Moralis Money is to use preset filters. In that case, you just click on one of the premade filters on the homepage:
Of course, you can then add additional filters and personalize the preset filter you chose.
On the other hand, you can start applying your unique filters straight from the gate. For example, here’s the sequence that will help you find new coins that are gaining momentum:
- Open Token Explorer.
- Select the Coin Age filter to find all the coins minted in the last X days.
- Hit the “Add Another Filter” button to remove garbage coins. You have several options to choose from, including Holders, Buyers, and Experienced Buyers.
- Refine your list of tokens further by mixing and matching additional filters. Basically, you just need to select a metric, filter, enter a value, select a timeframe, and run your query!
In the above steps, you can get a list of potentially the best crypto to invest in at any given moment in a matter of seconds. Also, remember that Moralis Money is cross-chain interoperable, meaning you can explore the next big crypto coin on all leading EVM-compatible chains.
The above steps are also the best answer to “how to get rich quick?” as they will help you find new coins early. That’s the key to riding those 50x, 100x, or even 1000x gains!
DYOR
Moralis Money helps you create a list of potential candidates in seconds. Without this powerful tool, getting the same results would take hours, days, or even weeks. Even with it, however, you should still devote some of that saved time to do your own research (DYOR).
So, take the list that Moralis Money returns as a response to your query and explore each token further. This step is critical as it will help you back up reliable on-chain data with other reasoning behind your “crypto to buy right now” decision.
An essential part of the research is to determine that the project behind the token is not a scam. However, this is where the Moralis Money Token Shield feature already does a lot of the heavy lifting on your behalf. After all, you can see color-coded shields and security scores for your potential candidates:
Plus, you can even filter out all tokens with lower security scores by applying the Security Score filter. For instance, let’s say you want to view only tokens that have a security score of 80 or higher:
You can also use the links next to each token address when exploring new coins. These links will take you to DEXTools, which is a great tool letting you explore potential candidates further.
Make sure to always check the fundamentals behind promising projects, how big their community is, if it looks legit to you, etc.
DYOR Guidelines
Here are some useful DYOR guidelines that will help you differentiate between gems and garbage coins:
- Is the project’s website unique and working smoothly?
- Who are the people on the core team? Are they doxed?
- Does the website offer a clear and up-to-date roadmap?
- Does the project’s whitepaper or litepaper clearly explain the project’s purpose and how they plan on solving it?
- Visit the project’s socials. Are they active? What is their following like?
- What is the token allocation?
- What is the token’s market cap? Consider fixed supply, total supply, and circulating supply.
- What are the project’s venture capitalists (VCs)? Were their VCs involved with any successful projects in the past? Or were they involved with pump-and-dump tokens?
- Is the token inflationary or deflationary?
Consider the Overall Crypto Market at the Moment
The third core step when finding the best crypto to invest in is the consideration of the overall crypto market conditions. First of all, you need to know where approximately within the current cycle we are. Is it a bull market or a bear market?
The entire crypto market follows its own market cycles. These cycles have coincided with the Bitcoin halvings. The latter is a built-in feature of Bitcoin, which triggers a special event approximately every four years when the reward for mining new Bitcoin blocks cuts in half. Consequently, BTC miners receive 50% lower rewards for verifying on-chain transactions after every halving.
Historically, the Bitcoin halving usually precedes the most exciting part of the bull run. However, price recovery and trend reversal typically happen quite a while before the halving.
Bitcoin’s price is vital as it usually impacts the total crypto market. After all, even though Bitcoin’s dominance has significantly reduced in the last two cycles, it is still around 50% of the entire crypto market. So, until proven otherwise, the market tends to respect these cycles.
However, many tokens can experience impressive price rallies at almost any stage of the cycle. This means that opportunities are not limited to the bull market. Plus, you can always short the markets as well.
So, understanding the macro picture will help you determine your approach.
Again, timing is crucial! While perfectly spotting market tops and bottoms is essentially impossible, understanding technical analysis (TA) can improve your aim, especially when combined with on-chain data.
What’s the Best Crypto to Invest in Right Now? – Summary
In today’s article, you learned that by using the right tools and following the proper steps, you can determine the best crypto to invest in at any given moment. We also reminded you that altcoins offer the greatest opportunities – the average altcoin offers 50x-70x gains. However, you need to time your moves properly. That is why the following three steps are so important:
- Use Moralis Money – This powerful tool enables you to generate a list of tokens gaining on-chain momentum. It is the simplest and fastest way to find potential candidates that may be the best investments at any given time.
- DYOR – You should always do your own research before investing in any cryptocurrency. In this article, we provided very useful guidelines to help you determine real winners. However, you also learned that the Moralis Money Token Shield feature already does most of the work to help you avoid scams. You also learned how to use DEXTool links in Moralis Money to explore any token further.
- Consider the Overall Crypto Market at the Moment – We reminded you about the importance of crypto cycles and Bitcoin dominance. The latter is still near the 50% level, which means the largest cryptocurrency heavily impacts the rest of the market. However, with some basic TA, you can always determine what stage of the current cycle we are in and, in turn, confidently understand the “why is crypto down or up” dilemma.
The above steps will help you spot and take action on great crypto opportunities that come in different shapes and sizes. For instance, you can focus on projects that have been around for a while, such as HEX crypto, or perhaps aim to find gems on Arbitrum or other newer networks.
