How to Stay Updated in the Crypto World

Staying updated in the cryptocurrency world is as important as the investment you are making in digital assets. This is one of the fastest-growing industries right now, with breaking news, updates, and fresh innovations reaching the market almost every hour. So, it is not only when you have a firm foundation in analysis that you are conversant with everything that is going on in the industry.

Furthermore, as vast as the space has become lately–there are fake news, updates, and FUDs that circulate through the web alongside the legitimate ones. Therefore, it is critical to ensure you get all your updates from reputable and dependable sources. One shouldn’t be acting over information gotten from every source. You just have to be selective to some extent.

So, how do you stay updated with accurate information in the cryptocurrency space? This article will reveal the methods to use to be conversant with the latest events in the blockchain space, as well as the ways to leverage to get accurate updates about any project you invest in. Before that, it is highly essential to, first of all, briefly discuss the importance of staying updated in the crypto world, no matter what you are doing there.

Importance of staying updated in the crypto world

1. It allows you to know the best time to enter and exit a crypto trading position
2. Staying updated makes you know the ongoing or future plans of a crypto project you invested in or are interested in.
3. It makes you feel involved in the industry
4. It also opens doors for you to learn more, interact with other people, and tap into their knowledge
5. Finally, it could serve as a brilliant strategy for capitalizing on the upcoming bull run and also be prepared for an impending bear market

How to stay updated in the crypto world

There are established platforms and tools that you can use for getting up-to-date, accurate, and dependable information within the crypto world.

1. Learn how to use Coinmarketcap

Coinmarketcap was developed as a price-tracking website for digital assets in order to provide cryptocurrency enthusiasts with constantly updated information and insights about the asset class. Its goal is to provide retail investors with unbiased, trustworthy, and accurate information so they can make their own educated decisions and make cryptocurrency more accessible and effective on a global scale.

Therefore, using coinmarketcap will go a long way in ensuring that you get reliable information about any crypto asset you choose to look at as a user or investor in cryptocurrencies. Investors and traders see this instrument as a way to stay updated in the industry.

A similar website to Coinmarketcap is Coingecko, which also tracks the transactions, prices, and information of cryptocurrencies in real time.

2. Follow Relevant Crypto Enthusiasts on Twitter

Without a doubt, one of the social media sites with the highest percentage of cryptocurrency users that regularly tweet about cryptocurrency is Twitter.

However, given that millions of people would continue to share their ideas along the process, utilizing Twitter as a source of information in the cryptocurrency space — especially as a trader searching for trading signals — might be deceptive most of the time. The only approach to avoid false information on the site is to follow trustworthy people who are renowned for delivering accurate information and are not there only for personal gains.

Misha Da Vinci, Anthony Pompliano, Ben Armstrong, and Mai Akiyoshi are a few well-known people who provide information about cryptocurrencies.

These individuals publish information on recent events in the blockchain and web3 sectors, along with suggestions for people, both new and seasoned, who are interested in trading or investing in cryptocurrencies.

Additionally, the projects you have invested in frequently utilize social media sites to post updates about the most current developments. For instance, you could follow Mr Mint on Twitter to get accurate and timely information about the project.

3. Join Telegram Groups and Channels

Many Telegram groups and channels have been created to provide updates on recent developments in the cryptocurrency industry. Even if there are many who post a lot of posts, which can be extremely exhausting, you can just pick a few who frequently provide important information.

It is essential, especially if you are an investor or trader, to join a reputable Telegram channel or group whose updates you can always trust.

Here, it’s equally crucial to follow the Telegram projects you’re investing in. Simply joining their Telegram groups or channels would suffice, as they regularly share updates.

When it comes to liveliness, Telegram seems to be a platform that tops the list because a variety of people from different places assemble in one space to exchange views. You can get to know new individuals in these groups, ask them questions, and even learn from their experiences.

4. Reddit

Reddit is a social news and discussion platform where users vote on and socially curate content.

There are several subreddits on the platform where you may follow updates related to cryptocurrencies. Consequently, Reddit can swiftly sift through the millions of posts linked to cryptocurrency using the voting feature and direct users’ attention to information that other users have deemed valuable.

The most popular Reddit communities to get valuable information related to cryptocurrency include–r/Bitcoin, r/Cryptocurrency, r/Ethereum, r/CryptoMarkets, r/BitcoinMarkets, and r/altcoin.

Closing thoughts

As a cryptocurrency investor, trader, or aficionado, staying current is crucial. The best ways to stay current in the cryptocurrency world are through the platforms indicated above. However, the sector is massively growing, with diverse information coming up from every angle. Due to this, it is essential that you only gather information from reliable sources.

Watch this informative video to learn the ways you can keep tabs on your cryptocurrencies.

To know more about the Mr Mint project, log on to www.mrmint.io

Important Dates:

Private Sale: 2nd April — 15th May 2022 [CLOSED]
Pre Sale: 16th May — 30th June 2022 [CLOSED]
Public Sale: 1st July — 31st December 2022 [LIVE]

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