PFerro

Hunting for crypto gems, those small/nano caps that haven't exploded yet, can change your life as a small investor and allow you to make a lot of money in a short time.HOW TO PROCEED?1/ Some want to get rich in a flash ⚡️, but understand that for every crypto millionaire, there are 100 people left behind by crypto. Unfortunately, you only hear about successes, the famous survivorship bias.2/ The journey into digital gold is exhilarating, especially when seeking the next nugget ⛏️ that will make us rich, but risk management is essential. Treasure hunters 🏴‍☠️ often make the same mistakes, and we'll list them.3/-Being too aggressive 🤬Not enough stablecoins and large caps.-Being reckless 🤪🧨Cryptocurrencies are volatile 📉.-Lacking knowledge 📚Understanding market cycles is crucial.-Being a follower 🐑Blindly copying influencers 🧑‍🦯.4/ To succeed and find crypto gems:Become a specialist in a field (NFT, DeFi, AI, Ordinal,... etc.) 🐵.Don't be afraid to lose money to learn 📚.Remember, if 20% of your cryptocurrencies increase by 10x and 80% collapse, you've doubled your money. 💰5/ In cryptocurrency, finding innovative projects early is a skill and can be informed. 📚 Over time, you'll develop the intuition 🐽 to find your gems. 💎 Here are elements to help you develop and enhance this skill:6/ Be comfortable with DEX.Coins listed on platforms like Binance usually have a high market cap. If you want to buy a new cryptocurrency, you'll often do it on a decentralized exchange (Uniswap 🦄, etc.).7/ Don't want to use DEX because it's too complicated?Use more confidential platforms like Gateio and Bitget. You can create your account using the links above.8/ Aim for small caps (10 to 100 million).If Bitcoin has a market cap of 1 trillion, it needs 99 trillion to multiply by 100. For example, a shitcoin with 1 million MC needs 99 million. This can happen quickly in cryptocurrencies.9/ Monitor whale wallets 🐋.Watch big influencers on YouTube 📽️ and set up notifications for every move in their crypto portfolio. For example, a YouTuber bought an unknown token just launched, $OHM 🔌.10/ Knowing he would talk about it in his next YouTube video 📽️, all you had to do was buy and sell to make X2 or X5. 🤑 But by reading the whitepaper 📖 and getting interested in the project, you could make X40 🤪 because it was a good crypto project.11/ Become an expert on X (Twitter).Advanced search 🔍 on X (Twitter) is your best friend. Find your new favorite shitcoin 💩. Choose a period a month after the token launch 🚀. Sort the search results chronologically 📅12/ You'll find the FIRST people who talked about this cryptocurrency on X. Follow them for future gems 💎 they'll share. Follow enough pioneers, and you'll be among the first 🥇.13/ Found a promising gem?-Go to X (Twitter).Who are the followers? -Are there known people, investment funds, DeFi big names?Less than 20,000 followers on this crypto ⁉️? You're still early, go to the Discord 🤖.14/ Take advantage of Discord.Navigating different Discord servers 🤖 can be time-consuming ⏳. But it also helps find communities of enthusiasts 🤓 who help you find gems. The first cryptocurrencies are always the hardest to find ⛏️.15/ You can check the following sites that list 📖 new projects:tokensniffer.comdexscreener.comYou can also use X @discobot3.Once you've discovered a new cryptocurrency, dig 🐽.16/ Check the X account.Get info on the official Discord 🤖 server.Check partners 🤝.Analyze tokenomics 📊 in-depth.17/ Optimize your research.Your time ⏳, energy 🪫, and attention span are limited every day. Don't rely 100% on yourself to find rare pearls 🦪 in cryptocurrencies. Your network is there to work with you.18/ Focus on a single niche.There's so much information, whether it's DeFi, NFTs, AI, launchpads, or small caps... Specialize in one sector. Adapt your X, Discord 🤖 flow, and cut the noise 🙉, get rid of unnecessary accounts.19/ Follow the right investors.Some "good" cryptocurrency investors invest long-term. Other "bad" VCs finance short-term projects to extract value from a bullish market. The list above could help you.20/ Have patience.Being patient isn't just sitting and waiting but taking initiatives while giving time for results to materialize.Take the time to subscribe, like, and share. Thank you.

Bitcoin [BTC] endured wild swings during Tuesday's trading session as a U.S. Securities and Exchange Commission (SEC) social media post about approving spot bitcoin exchange-traded funds (ETF) turned out to be false, leaving market participants baffled.

BTC first rallied 2.5% to a fresh 19-month high of $47,900 immediately following the official SEC account's shared on X (formerly Twitter) about the bitcoin ETF approval, attracting massive attention with crypto observers prematurely celebrating the landmark decision.

Then, bitcoin sharply declined nearly 6% to as low as $45,100 when it turned out the SEC's account was compromised, and SEC Chair Gary Gensler denied the news.

Read more: SEC Has Not Approved Bitcoin ETFs, but Its Hacked X Account Briefly Said Otherwise

The wild price action liquidated over $50 million worth of derivatives trading positions on crypto exchanges within an hour, CoinGlass data shows. Liquidations occur when an exchange forcefully closes a trader's open position using borrowed money due to loss of margin.

Recently, BTC changed hands slightly below $46,000 at press time, down some 2% over the past 24 hours.

This was the second instance during the day when a false social media post triggered massive volatility. Earlier Tuesday, dogecoin [DOGE] jumped as much as 9% on an X post about the death of the token's mascot, then declined as the news turned out to be false.

Alex Krüger, co-founder of Asgard Markets, noted that today's events suggested bitcoin might not rally as much as bulls hope when the real news about an approval arrives.

"Fake ETF news showed BTC upside is clearly capped until we see actual ETF inflows," Krüger said in an X post. "Time for ETH to take over."