How to DYOR: Top 6 Crypto Research Tools Every Investor Needs

Cryptocurrency investing can seem overwhelming with thousands of coins and endless amounts of information. However, the most successful crypto investors all have one thing in common - they know how to do quality research.
Having the right tools allows you to find critical information early, before hype and FOMO kick in. By using data and metrics to evaluate projects, you gain an investing edge to buy low and sell high.
Follow along as I break down the top 6 crypto research tools that will take your investing skills to the next level.

1. CoinGecko

CoinGecko is a cryptocurrency tracking site with data on over 10,000 coins. It's essential for looking up information on any altcoin.
The key features are:

• Search for any coin to access its page
• View price, market cap, trading volume and other metrics
• See historical price charts
• Find a list of exchanges where the coin is traded
• Access links to the project's website, communities, source code and more

Using CoinGecko allows you to analyze both price and fundamental data before investing in a new asset. It's the starting point for researching ANY coin.

2. TradingView

TradingView is the go-to platform for charting and technical analysis. Exchanges, portfolio trackers and pricing sites all use TradingView for their charts. Knowing how to use TradingView means you can read and understand any crypto chart or graph. Some key skills are:

• Identify candlesticks, timeframes, indicators and drawing tools
• Adjust between time intervals like daily, hourly or weekly views
• Switch between log, line and candlestick charts
• Use trendlines, support levels and other analysis features

Mastering TradingView gives you the technical analysis abilities for short-term trading or long-term investing that the majority of new investors lack of.

3. DexTools

DexTools provides data and analytics for decentralized exchanges like Uniswap and PancakeSwap. It's ideal for defi traders. You can use DexTools to:

• View price charts of coins only on dex platforms
• Analyze liquidity pools for health and possible risks
• Swap tokens directly or through the dex exchange
• Verify if a new listing is a scam (honeypot, low liquidity, etc.)

For defi power users, DexTools delivers capabilities beyond just CMC and CoinGecko.

4. DeFi Llama

DeFi Llama allows you to find the highest yield opportunities across all defi platforms. It's perfect for earning passive income. You can use DeFi Llama to:

• Discover the top lending, staking, LP and other yield platforms
• Filter yields by token (ETH, stablecoins, BTC, etc.)
• Rank options by highest APY
• Select trusted platforms by filtering attributes like safety

The yield opportunities on DeFi Llama can help you maximize gains on your crypto assets with reduced risk.

5. CoinMarketCap

CoinMarketCap tracks upcoming events, product releases, partnerships and other announcements. Getting early notice of upcoming catalyst events can lead to profitable trades. You can use CoinMarketCap to:

• View major events for top crypto assets
• Discover need-to-know information before the market
• Buy the rumor and sell the news
• Avoid tokens with an upcoming negative unlocking schedule

CoinMarketCap will provide you with an edge on other crypto investors.

6. Token Unlocks

Token Unlocks reveals vesting schedules for investor and team allocations. Watching unlocks can prevent being caught in a token dump. You can use Token Unlocks to:

• Verify if a project's token distribution is fair or risky
• See upcoming unlock schedules that may cause selling pressure
• Track if previous unlocks negatively impacted price
• Gauge if long-term holders are committed vs short-term flippers

The transparency around token unlocks helps assess if a project will pump and dump or grow steadily.

Start Researching Like a Pro

Now you're armed with the top crypto research tools to evaluate new projects, find hidden gems and take your investing skills to the next level. The more you learn how to maximize these platforms, the more you'll profit from crypto's biggest opportunities.

See you in the next article.
In the meantime, DYOR.
Camilla