Why I Learned On-Chain Analysis
Highlights from the World of Digital Assets
On-chain analysis is the most important skill that allowed me to start succeeding in DeFi. In Monday’s email, I outlined two simple on-chain analysis strategies.
There are a few reasons to learn on-chain analysis:
People lie. Numbers don’t.
Metrics take the guesswork out of analysis.
Watching whale wallets can give you a leg up.
Another simple strategy to get started is to find whale wallets using DeBank’s whale list. DeBank tracks thousands of wallets with over $1M in crypto.
Review Debank’s list of whale wallets and find one that fits your style of investing.
Follow wallets that align with your investment style to track which tokens they buy and which protocols they use.
If you want to learn more about on-chain analysis, crypto research, and other topics, I’m co-teaching a course with The DeFi Edge in the month of May.
This is an intensive 5-week course. We condensed all of our knowledge from years of crypto into a packed schedule in the month of May.
By joining Double Your DeFi you get:
📽️ 8 Live training sessions, with examples, walkthroughs, and more.
👨🏫 Weekly Office Hours. Each Friday we host a 90 minute question & answer session to make sure no one's left behind.
🔬 Weekly Over-the-Shoulder Research Sessions. Each week, our training sessions will be tied to real-time research examples.
🤝 Community: Join our exclusive 6-week private Discord server.
📺 Lifetime Access to session recordings and slides.
🗒️ Bonuses. Crypto security checklist, DeFi master tools, Twitter Alpha List, Trading Journal Template, Whale Wallets List, and more.
🎓 Bonus Sessions. The Unofficial DeFiLlama Masterclass by Dynamo DeFi (me) & Mental Mastery by The DeFi Edge.
🔒 No-Risk Guarantee. 30-day, 100% money-back guarantee.
We held nothing back in creating this course.
Edgy and I learned these skills on our own through trial and error and practice. This is the course we wish we had, because it would have cut our learning time from years to 1 month.
That’s all for today. For more frequent content, follow me on Twitter, YouTube, and Instagram.
Until next time,
Patrick Scott
Dynamo DeFi