I don’t claim to be very good at screening for the best crypto opportunity. I am learning. As I learn, I refine the weight I assign to each variable. If I have questions, I ask. And, if asked questions are not answered, I try to learn by watching a test position for a week. I continue to revise as the width and breadth of my positive and negative (high percentage so far) experience grows.

With the hope of explaining my present research strategy in a few postings, I am taking these steps right now. (The guru blessed them at a high level.)

1. Use Krystal to screen for good opportunities.
   • I screen for opportunities above 200,000.
2. Remove results that are undesireable.
   • Any opportunity less than 60% APR.
   • Any opportunity where the 24h Volume is less than the TVL.
3. Choose the opportunities to further screen
   • Since the highest TVL might often have a lower APR, look for justifications to choose opportunities with higher APRs. As an example, does it have a similar TVL with a higher 24h Volume?
   • I usually choose 4 or 5 to screen further. The more screenings you do, the more opportunities may continue to appear.
4. Use Dexscreener to see the 30/45 day average volume.
   • How close is the average volume to the volume when you screened in Krystal?
5. Correlation of the pairs
   • This is done at Defillama.
   • The closer the correlation to 1 the more similar direction the pair should move.
   • The closer the correlation to -1 the more dissimilar the direction the pairs could move.
6. Finding out about the coin
   • I do this at CoinMarketCap.
   • This area is a bit of a mystery to me. I can find out if a coin is “Safe” or if a coin is in the top 100 coins or if people are bearish/bullish on a coin, but I can’t find out if it will make me money.
   • If it is a MEME coin, I won’t buy it for investment purposes.
7. Buying at the top?
   • This is also done at Dexscreener.
   • If the pair has a predictable top and bottom to its range, you probably don’t want to buy it when it is in the top 1/3 of its range.
8. Verify the APR based on a realistic range
   • The wider the range the smaller the earnings.
   • Using a combination of Dexscreener, Krystal and the proximity of the pair’s average volume to its 24h volume, what is the realistic APR?

Many of these steps are “easy.” You do the same steps every time you screen. I anticipate my experience benefiting me most in steps 3, 6, and certainly 8. Whatever my portfolio looks like, I will continue to try to provide lessons learned along the way.