A curated list of the best crypto research tools to help anyone navigate the cryptoverse
The Cryptoverse is difficult to navigate; there's thousands of different coins and new one's being made everyday. It's also a young space, meaning innovation is happening on the go; London fork, Taproot, Alonzo, what do all of these even mean? Most crypto veterans place an emphasis on Doing Your Own Research (DYOR), but it's, as with most things, it's easier said than done. So here's a curated list of useful crypto research tools for two types of long-term hodlers: fundamental and quantitative analyzers. Set it and forget it hodlersAs a set it and forget it hodler your best friend is fundamental research and crypto news. You also want to avoid the 'noise' of the daily market to make it easier to hold. Messari Bitcoin research page in Messari Messari is the king of crypto research tools. While it may look a bit intimidating at first, it makes crypto research incredibly easy once you're able to navigate the site. They have a crypto profile that shows you things like type (currency, privacy coin, smart-contract platform, etc.), consensus algorithm, inception, and a clear and concise description. They also have links to communities, white papers, codes, and research articles. It's not something you have to check all the time. It's particularly useful whenever you have to do some deep-dive research. There is a paid version but the free version suffices. Kraken Daily Hash Newsletter Sample of Kraken newsletter, the Daily Hash. Again, as a long-term hodler, you want to focus on the big news instead of what X billionaire has to say about crypto. You're talking regulations, milestones, and adoption. Kraken has a daily newsletter (Mondays-Fridays), the Daily Hash, that aggregates the most relevant crypto headlines. They also have research reports about market recaps and other big events once a month or so. You can subscribe to them here or visit their website. For this section, only the Daily Hash and the Research reports are recommended. I also subscribe to the OTC report but that's for more technical discussions that may or may not be suited for long-term hodling. Data-oriented InvestorsDespite crypto being an incredibly young market, there's a lot to love about crypto market data. In my opinion, the data-oriented aspect of crypto is underrated. We have tons of models and theories backed by a sufficient number of years, that make the cryptoverse a unique investing environment. For example, there's always been one long-term bull and bear market per halvening and each of them having less ROI and longer runs than the prior cycle, this follows the diminishing returns and lengthening cycles theory, respectively. So here's where you can find all the important indicators. Altcoin Season Index Altcoin Index Chart indicating Alt Season and Bitcoin Season One of the most important concepts to understand in the current market environment is Bitcoin Dominance and how this relates to the price action of alts. In summary, when Bitcoin falls, alts fall faster; when Bitcoin rises, alts rise faster. Because of this, lots of people like to move to Bitoin, a crypto 'safe haven' during bear markets and times of uncertainty, aka Bitcoin Season, and move into other coins during bull markets, aka Altcoin Season. The Altcoin Season Index shows you when it is an optimal time to invest in altcoins and when you might want to be in BTC. Additionally, the blockchain center is also a number of useful tools and technical indicators like the famous, Bitcoin logarithmic Rainbow. Glassnode Sample Glassnode Insights newsletter This is an on-chain market indicators site, showing data for Bitcoin and Ethereum. They have the Studio, a live on-chain data explorer with visualisations of the most fundamental on-chain metrics, Glassnode Metrics, a comprehensive library of on-chain metrics, and Insights, contextualized reports and analyses drawn from on-chain data. They also have an academy where you can learn how to read all of these metrics and data. Like Kraken Intelligence, they also have a newsletter for technical discussions on major cryptocurrencies. At this point, I'd also recommend subscribing to Kraken's OTC newsletter. BybtLast but not the least is Bybt, a derivative data analytics tool typically reserved for advanced crypto traders. They have a data section that houses all of the most relevant crypto market valuation models such as the Stock-to-Flow Model, Puell Multiple, and the Crypto Fear and Greed Index. But the main dish for Bybt is the derivative tools: futures & options open interest, funding rates & longs vs. shorts across a range of different exchanges. While I don't use this to guide my financial decisions, some people like to make connections between the derivatives market and price action. Bonus Tools:
That's all for now folks, lemme know if I missed anything that's useful to you. submitted by /u/M00OSE |