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How to find cryptos to mine before everyone else?

Bitcoin Mining

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Home How to find cryptos to mine before everyone else?

Before we begin, let us note that investing in cryptocurrencies and ICO tokens is a highly speculative activity.

Always seek advice from a qualified professional or do your own research before making any financial decisions in the crypto world. I prefer to tell you this from the start of the article.

Many people have made their fortune in cryptocurrency and on the other hand, but there are also people who have lost money with cryptocurrencies. This is a fact that should not be ignored if you want to invest in cryptocurrencies; and even more, if they are new.

One of the things you will absolutely have to do in any case:

Don't put your eggs in one basket: Divert your investments.
Invest capital that you can afford to lose, in the event of a possible loss.

Also, I want to clarify something else, to calm your enthusiasm. In this article, I'm not describing how to find the next big cryptocurrency like the future Bitcoin or the future Ethereum. Otherwise, I wouldn't be a blogger or crypto enthusiast? I'd be a psychic, lol.

Anyway, in this article I would like to share a simple strategy, used regularly by many investors and miners which involves researching newly launched Altcoins, cryptocurrencies, tokens and ICOs.

So here I will show the common resources where you can find new altcoins / cryptocurrencies and tokens that have recently appeared on the market.

Why is it interesting to find the latest cryptocurrencies?

Even if you're not a miner or a serious investor, I'm not telling you anything new when I say, "The early bird catches the worm."

In the world of cryptocurrencies, this is even more true. I bet you've ever said to yourself, "I should have bought Bitcoin a few years ago, when it was only worth a few euros."

new born cryptomon — It's up to you to find the future crypto nugget!

After the cryptocurrency boom in 2017, many people became aware of this technology and started investing in it blindly without doing much research. They had seen so many incredible stories of these new people becoming millionaires overnight thanks to bitcoin. Of course it’s a dream!

People who got in early made big profits with bitcoin. It is a fact. I myself know many people who have hundreds of thousands of euros in their account simply because they bought bitcoin for 3000 euros at the time. It's not a myth.

But, almost everyone who bought bitcoin after the big boom of 2017 lost money. Of course, we don't know if bitcoin will explode again. Another bull run is going to happen for sure. (?). And it is even very likely that he will do so in the years to come as his show becomes smaller.

But, all the same. It's almost like having missed the bitcoin train...So, what do we do? Do we lament our fate, or do we try to find and look for other cryptocurrencies that will also explode?

This is how many people who want to get rich with cryptocurrencies think.

? In the cryptosphere, getting in early is the key to success.

There's a lot of money to be made when you get into a project early. We have a lot of chances right now because we are still at the beginning of the movement. Every day new opportunities and opportunities present themselves to us.

Every day, several new projects are born, several die at birth and others enter the game on a lasting basis.

If you stay tuned, you will know which projects are important and which are not. Additionally, your intuition will sharpen over time. In one minute, you will know what will end up in shitcoin, what has potential and what will last over time. Question of training and experience.

With thousands of altcoin and Blockchain projects appearing every day, the goal of the game is to find those that are worth it before anyone else.

This is how you can reap big wins; A bit like those who had the instinct to invest in bitcoin when everyone was calling it a scam. Who was right? Who became a millionaire and still works from 9 to 17 every day?

So, where and how can you find new altcoins or cryptocurrencies to mine or invest in before anyone else?

If you want to find the next nugget, clearly, you will have to go to the forums dedicated to cryptos. This is where everything comes into play. These are not social networks with a very beautiful design, it must be admitted. A little old school, sure, but the content is crazy.

Bitcoin Talk Altcoin Announcements
In order to stay up to date, the Bitcoin Talk forum is the first place where you should spend time. There, in this topic "Altcoin announcements", all the founders of new projects come to expose their projects. This forum has been online since the origin of Bitcoin (in 2009). It is one of the most active communities in the field of Bitcoin, Altcoins, Tokens, ICO and Blockchain technologies. There are many subtopics and categories that deal with development, mining, trade, trading, investments and the cryptocurrency market in general.

There you will not only find information on new projects, but also opinions from the community that shares them. This is what will guide you initially.

Coin Market Cap – Recently Added Coins

CoinMarketCap is a well-known cryptocurrency information website. It's an essential tool providing information on cryptocurrency prices, charts, volume, and more. You'll find the best cryptocurrencies and the latest additions. The most popular coins are those with a high market capitalization. Conversely, coins with a low market capitalization might be of interest to you initially.

All you have to do is go to "Ranking" and then click on "Recently added". There you will have a page that is worth its weight in gold.

You see? Listed on this page are the very latest cryptocurrencies that have just launched on the market. You also see that there are a lot of them and that in the same day, several tokens/coins appear.

The criterion you should look for first is market capitalization. When there are question marks, be wary. This certainly means that the part is still too new to have statistics, but it also shows that the team behind it did not prepare its project well in advance.

All projects are manually approved by the CoinMarketCap team. So you won't find brand new parts here; Only those validated by the CoinMarketCap team.

Also note that when they are on CoinMarketCap, they are still listed on exchange platforms. In other words, you have them at a still accomplished level. Moreover, we also tell you (when you click on the crypto of your choice) on which exchange platform you can find and buy it.

Note: If a cryptocurrency is listed on multiple exchanges, it doesn't necessarily mean it's profitable and reliable. It primarily indicates that the founding team is doing a good job of communicating its values. Don't rely solely on this criterion.

Well, otherwise, of course, you can buy them directly on an exchange platform, which is quite simple. If you don't know how exchange platforms work, you can check out the Binance tutorial on buying cryptocurrencies . Whether you learn on Binance or another platform, the principles are always the same, so no worries there.

But, if you not only want to buy but also mine, you will really like the next chapter!

How to mine these new coins and how to calculate their profitability?

If you are a miner at heart, then finding a brand new mining coin can be a godsend for you. For what? Because the difficulty will be less on the one hand. On the other hand, there will not be many of you mining and therefore your rewards will be even greater.

This is actually what's called " spec mining," or in other words, speculative mining. That is, you'll be mining a new cryptocurrency with the goal of maximizing future profits. Clever!

—>Read our article to understand what Spec Mining (Speculative Mining) is.

The network of all new coins will still be very weak. Therefore, mining will be quite easy. In terms of equipment, it will be light and the rewards will be greater. If you have slightly powerful hardware, you can even try solo mining to maximize your profits.

So at this point, your next step in discovering new altcoins should be to do some mining profitability calculations.

Mining profitability calculators are just a tool to help you find the most profitable coin to mine on the same day. They also don't list all the new altcoins created every day. But it still remains very effective and practical.

The most popular mining calculator remains WhatToMine.

(If you can't find the cryptocurrency you're interested in, you can try other calculators like Minerstat , which are less well-known but list the most recent coins)

In addition to mining yield calculators, also check mining pools. There are many mining pools that list coins as soon as they have been announced on Bitcoin Talk. Besides, popular mining pools only list reputable coins. This is at least a first sorting.

Find cryptos to mine as soon as they are launched using the forums

Once again, these are the forums that will help you discover the newly launched cryptos before anyone else.

Reddit is a discussion site that many of you are already familiar with. On Reddit, several communities discuss Altcoin, ICO, and Blockchain projects. You won't find the newest coins entering the crypto sphere there, but you will find those that are legitimate or reliable. Some of the most popular subreddits you should subscribe to are:

https://www.reddit.com/r/altcoin/
https://www.reddit.com/r/CryptoCurrency/
https://www.reddit.com/r/CryptoMarkets/
https://www.reddit.com/r/icocrypto/

All of the communities above have a solid subscriber base. So you will find discussions and opinions on the new coins.

Twitter is just as useful as Reddit . I'm not going to explain what Twitter is because I'm sure you already know. Am I wrong? Just know that if you're involved in the crypto world, you need to be on Twitter. There are many Twitter accounts that regularly tweet about new and legitimate crypto projects. On the other hand, there are also users who will try to scam you and get you to buy junk crypto. Always be wary of so-called crypto experts online.

Besides Twitter, here are the Discord groups , of course. Discord is an application specifically designed for gaming communities.

Anyone can create a server, invite people and create their own community. The majority of cryptocurrency projects have Discord groups. Access all these Discord channels and discover new projects and new pieces discussed by users.
Finding a new part may seem like an easy task. Yes it is; but remember that not every coin you find will survive long term and not all of it is legitimate and reliable.

Final word on mining new cryptocurrencies

This is actually the real disadvantage of looking for very recent cryptocurrencies. You don't have reliable indicators that will really tell you the success or failure of the project. Only your intuition and your flair will be your guides.

Indeed, the real problem with new altcoins is that it is impossible to predict its price, volume and adoption at such an early stage.

If you want to reduce the risk factor, don't just find new parts, but research the project thoroughly. Above all, question its usefulness.

Because in reality, we have noticed something: the cryptocurrencies that last are often those that have real utility and real meaning. Don't forget this.

Similarly, you can also focus not on the newest cryptocurrencies but on those that are profitable to mine. Likewise, there are still relatively new coins with high potential that are still very affordable!

The methods mentioned above are some of the ways we and many others commonly use to discover new cryptocurrencies.

We are pretty sure that apart from this list, there are definitely other channels.

If you know of such a source, please indicate it in the comments section to help interested people quickly find new cryptocurrencies to buy or mine.

Read the article on the best graphics cards for mining cryptos
The best ASIC machines for mining Bitcoin

Note: No financial advice is given in this article or any other article on ZoneBitcoin . This information is entirely your own judgment. Be responsible for your investments and only invest an amount you are prepared to lose.

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