Miles Deutscher, a well-known crypto analyst, recommends that investors closely monitor Telegram and Discord for upcoming projects as the bull market approaches. This way, they can seize all new opportunities.
“Now that market conditions are becoming more favorable, expect an uptick in “good news,” Deutscher stated.
Social Media Platforms Offer Bull Market Opportunities for Crypto Investors
Deutscher predicts that shifting market conditions will positively influence the profit potential of altcoins:
“This will have a positive effect on many altcoins and create new trading opportunities.”
Deutscher advised his 363,500 followers on X (formerly Twitter), to stay vigilant for online opportunities:
“Some will be a surprise, but with some digging (Telegram, Discord, AMAs etc.) you can find them.”
However, he directed his followers particularly to the projects generating a significant amount of news and hype:
“Look for projects with major upcoming catalysts or announcements,” he further stated.
Read more: What are Moving Averages in Crypto Trading?
His statement was met with various reactions from X users.
While skepticism was present among some, others expressed optimism regarding the update provided by Deutscher:
“So all these projects are only about money,” one X user stated, while another stated that “this is what I call good information!”.
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Author: Ciaran Lyons