How to Buy Altcoins Step-by-Step (Beginners MUST Watch)

"In many cases, you'll also see a live chart button or a trading view button for a more detailed view, though this isn't available for every crypto. Believe it or not, though, the price isn't the main thing to look at. That's because it's common for a crypto to have lots of activity in the short term, even if the chart looks flat when zoomed out. In fact, the cryptos that are flat are often the cryptos that end up pumping the most when money starts flowing in."

"It's much easier for a crypto with a $100 million market cap to 2x than it is for one with say a10 billion market cap to do the same. And this is also why smaller altcoins tend to be far more volatile."

"Create a list of cryptos in your chosen category with a mix of large cap, that is market caps over $1 billion, midcap, more than $100 million but less than $1 billion, and small cap cryptos, that's less than $100 million. This will balance your risks and rewards."

"After all, other investors need to be able to buy it for the price to rise. And the US has the largest share of crypto investors."

"Now, ideally, you'll see thousands of holders and no wallets holding large percentages since they could suddenly sell and crash the price. The exceptions though are wallets marked with an exchange icon or this smart contract icon."

"The bigger the market cap, the bigger the project. Bitcoin has the biggest market cap, which is why it tops the list."

"It's much easier for a crypto with a $100 million market cap to 2x than it is for one with say a10 billion market cap to do the same. And this is also why smaller altcoins tend to be far more volatile."

"Write this down on a bit of paper, not on a digital file. And do not share this with anyone. If you lose this seed phrase, you'll lose access to your crypto forever."

"Create a list of cryptos in your chosen category with a mix of large cap, that is market caps over $1 billion, midcap, more than $100 million but less than $1 billion, and small cap cryptos, that's less than $100 million. This will balance your risks and rewards."

"Yes, you could pay more in fees, but consider this an insurance policy. It's much better to lose a few cents than lose everything."

"After all, other investors need to be able to buy it for the price to rise. And the US has the largest share of crypto investors."

"If the price has been flat for several years, that could be a red flag, and it's worth digging into what caused the decline later on."

"The higher the trading volume, the higher the demand, assuming prices aren't plummeting."

"If most of the supply is already in circulation, there's less risk of new tokens flooding the market and driving prices down."

"A high follow account with little to no engagement is another red flag."

"Ideally, you'll see thousands of holders and no wallets holding large percentages since they could suddenly sell and crash the price."

"A big red flag is if it's overly complicated or missing key details."

"Do a small test transaction first. Yes, you could pay more in fees, but consider this an insurance policy. It's much better to lose a few cents than lose everything."