Crypto Doctor’s Bible for Beginners: Lesson 13 — With so many coins, what should you look at first?

With so many coins, what should you look at first?
When people just enter the crypto space, they often develop a kind of anxiety: there are thousands upon thousands of coins in the market. Today one is up, tomorrow another is hot. If you can’t understand them all, it feels like you’re always missing opportunities.
So some people open the price-tracker list, scroll from the top gainers all the way to the market cap leaderboard; when they see an unfamiliar name, they search for a few summaries; when someone says, “This is the next hot thing,” they quickly switch to doing research on something else. They spend the whole night researching, their bookmarks get fuller and fuller, yet there aren’t many projects they can explain clearly.

Selecting coins isn’t about guessing which one will pump tomorrow from a huge pile of names—it’s about first narrowing down the scope you need to be responsible for.
When I get a new, unfamiliar project, the first thing I look at isn’t how many “new concepts” it has in the marketing. Instead, I ask what problem it’s actually solving. Who would use it? Why would users be willing to stick around? If you can only repeat a few buzzwords but can’t explain the real needs, then no matter how pretty the story is, it should be put on hold first.

Next, you need to look at the value created by the project—can it be traced back to the token itself? Some products do have users and may even generate revenue, but a token is just a side ticket. Token holders may not necessarily benefit from business growth. “The product is doing well” and “the token is worth buying” are two questions that need to be answered separately.

You also need to check whether a large amount of tokens will enter the market in the future. Right now, if circulating supply is low and market cap looks small, that doesn’t mean it’s truly cheap. If tokens continue to unlock while demand doesn’t increase at the same pace, the early investors’ and the team’s holdings could become a long-term pressure.

After you go through these three steps, many coins basically don’t need more of your time. It’s not that they absolutely won’t go up—it’s that you don’t have enough evidence to take on their risks. The market sometimes rewards luck, but in the long run, handing your money to something you can’t explain yourself usually costs more than missing a single rally.

For the remaining projects, only then do I continue comparing: whether real usage is growing, whether token demand is truly成立, whether what the team said has been delivered according to plan, and whether the level of risk matches the current hype. Deep research answers, “Is this coin worth continuing to look at?” Project tracking answers, “Do the original reasons still hold?”

Beginners don’t need to cover the entire market from day one. If you can clearly explain the use case of three to five projects, the role of their tokens, supply pressure, and main risks, that’s already more valuable than collecting hundreds of contract codes. If your watchlist is smaller, you’re actually more likely to spot changes—and easier to stay clear-headed when sentiment is hottest.

If you’re staring at a long list of coins and don’t know where to start, send me the coin names that bother you the most and the reasons you think they’re worth watching. Let’s see whether your reasons come from real value—or only from recent hype.