Best practices in cryptocurrencies: how to stay informed without getting scammed
If you are a beginner and want to follow the cryptocurrency market intelligently, good practices in cryptocurrencies can be summed up in a few simple principles: understand the economic basics, select a few reliable sources, use concrete tools to follow the market in real time, protect your data and avoid price obsession.
Table of contents
Before diving into charts, market signals, and trading platforms, it can be helpful to keep track of your learning. Many beginners jot down what they learn, take screenshots of important data ( TVL , volumes, historical data, regulatory news), and store it in the cloud for easy access later. This can be useful for tracking market movements over several weeks without having to start from scratch each time.
For personal use, any cloud service may suffice. However, if several people are working on the same analyses — for example, in a company, association, firm, or crypto project — an enterprise cloud solution remains more suitable for sharing folders and documents, without sending everything by email.
Once this organization is in place, news feeds, dashboards, alerts, and analytics tools come into play. The goal is to stay well-informed without spending all your time on it.
Prerequisite: understand what you are following before following anything.
Following the crypto market without understanding modern economics is like looking at a heart monitor without knowing how to read a trace: you see movements, but you don't know what they mean.
1. The basic economic concepts to master first
Before moving on to tokens, take the time to clarify a few key concepts:
- The role of central banks : money creation, key interest rates, liquidity management.
- The mechanism of interest rates .
- Inflation and the loss of purchasing power partly explain the interest in alternative assets, particularly Bitcoin .
- cycles and macroeconomic announcements (employment, growth, monetary policy) directly influence market sentiment .
These fundamentals allow you to understand why monetary tightening can weigh on the crypto market , why some periods favor risk-on and others favor a retreat to cash or bonds.
2. Understanding the fundamentals of Bitcoin and cryptocurrencies
Second block before following the news:
- The limited supply of Bitcoin and halvings , which structure part of the cycles.
- Tokenomics total supply, issuance, vesting , role of the token in the protocol.
- Real utility: means of payment, store of value, governance , DeFi , NFT , infrastructure, etc.
- The difference between a layer 1 , a layer 2 , a stablecoin , a DEX , a CEX .
Without these fundamentals, market signals ( TVLincreases, volumes, protocol announcements) remain incomprehensible. To delve deeper into these prerequisites, you can:
- Browse the educational articles and free guide from Crypternon, designed for beginners.
- Explore data-rich tools like DefiLlama for TVL and cash flow, which aggregates and documents data from hundreds of protocols.
- Use Artemis to visualize on-chain data , user activity, and some protocol fundamentals.
News: where to stay informed without getting overwhelmed
Crypternon, Cryptoast, and a few other select sources
At Crypternon, we don't yet offer a comprehensive news section structured like a continuous feed. However, our YouTube videos cover many in-depth topics, some of which are closely related to current events, with an educational approach suitable for beginners.
Cryptoast 's news section , which covers major announcements, regulatory decisions, theories of all kinds, political news and market movements on a daily basis.
Next, rather than piling up 15 sites, focus on a few complementary references:
- CoinMarketCap to track market capitalizations , volumes , prices , price history and create custom watchlists.
- Bloomberg 's crypto section for a macro, regulatory and institutional approach.
- The official websites of the projects (white papers, docs) rather than rumors on X or Telegram.
The idea is not to read everything, but to filter: an educational media outlet, a news media outlet, a data aggregator, a few primary sources.
What to actually follow in the crypto market (without spending your life on it)
1. Simple indicators for serious beginners
There's no need to have ten trading . Start with a few clear benchmarks using tools like CoinMarketCap , DefiLlama , and Artemis:
- Total market capitalization and Bitcoin dominance : to find out if money is flowing in or out of virtual currencies, and if the market is rather cautious or playful.
- TVL DeFi via DefiLlama: measuring trust in protocols and liquidity depth .
- For the projects you are following: circulating offer , vesting schedule , real-world use case, adoption.
2. Simple workflow to stay up-to-date without getting overwhelmed
Example of a healthy routine for beginners:
- Once or twice a day: check your lists on CoinMarketCap and a quick look at Cryptoast news.
- Once a week: look at TVL on DefiLlama, flows to major ecosystems, and some metrics on Artemis.
- When a topic is trending: go back to the source (official announcement, documentation, published regulatory decision).
This pace is sufficient to stay informed, without giving in to the reflex of refreshing everything every five minutes.
Avoiding addiction: good mental practices when faced with prices
Constantly monitoring cryptocurrency prices is one of the most common pitfalls. This behavior doesn't make you better informed; it increases your stress level and leads to impulsive decisions.
Several academic studies on equity markets (notably Barber & Odean, " Trading Is Hazardous to Your Wealth ", Journal of Finance, 2000) have shown that investors who consult and trade most frequently often obtain the worst long-term results.
To avoid this trap:
- Set specific times to check your positions (for example, once a day or every two days).
- Disable unnecessary push notifications from exchange applications.
- State your investment thesis (why you hold this asset, time horizon, level of risk accepted).
Checking prices 40 times a day doesn't give you an advantage. Understanding what you're looking at does.
How to intelligently use the main tools on the market
1. CoinMarketCap: minimalist but sufficient dashboard
For a beginner, CoinMarketCap is a convenient entry point:
- Create a watchlist with a limited number of assets.
- Look at the market cap , volume , price history , and the "Markets" tab to see where the asset is listed.
- Always refer back to the official project website and documentation from the CoinMarketCap page.
This way you avoid constant exposure to hundreds of projects without context.
2. DefiLlama: Understanding DeFi Flows and Credibility
DefiLlama allows you to follow, among other things:
- TVL TVL or blockchain.
- The revenue generated.
This type of data helps to separate projects fueled by aggressive marketing from those that attract more sustainable liquidity.
3. Artemis: Going further without being an expert
Artemis provides more advanced metrics (on-chain activity, active users, inter-protocol flows) in a structured interface. It's a good tool for learning to read fundamental data .
4. Bloomberg Crypto and Economics
Regularly consulting a source like Bloomberg Crypto helps to put crypto into perspective:
- Central bank decisions.
- The movements of large companies and institutional funds.
- Structural regulatory changes.
This allows us to see the vision that more institutional actors have of the crypto sector.
Structuring your monitoring: a simple method for demanding beginners
Step by step
- 1. Building the foundation: economic basics, how Bitcoin works, principles of the main types of cryptocurrencies.
- 2. Choose 3 blocks:
- Educational media: Crypternon (articles, guide, videos).
- News media: Cryptoast news section.
- Data tools: CoinMarketCap, DefiLlama, Artemis.
- 3. Define your objectives: learning, investing in the medium to long term, or simply structured curiosity.
- 4. Establish a routine: a few fixed time slots, no constant refreshing.
- 5. Document what you understand: structured notes, screenshots, important links stored in a secure cloud space.
With this approach, you gradually build a coherent vision of the market instead of piling up scattered content.
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