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Coin Bureau Analysis

Do Your Own Research (DYOR) before investing.

Practice​

First establish an investment thesis to focus attention around crypto narratives that suit your interests and areas of expertise. Next establish a checklist to follow and evolve to build understanding of markets:

  1. gain awareness of relevant investment opportunities
  2. develop routines to gather relevant information
  3. develop routines to convert information into insights
  4. filter advice that most valuable to pay attention to
  5. rank crypto assets that worth adding to your portfolio
tip

Favour first hand content published by protocol team leaders.

Watchlists​

Build Diverse Crypto Watchlists

  • For each promising narrative, compile cryptocurrencies aligned with it
  • Include mix of large caps > $1B, mid caps $100M-$1B, and small caps < $100M
  • Prioritize retail investor accessibility, especially for US markets
  • Use screeners on sites like CoinMarketCap and CoinGecko

Protocols​

Protocol for researching protocols.

  • Consistent Leadership
  • Verify Secondary Sources
  • Media Coverage, Attention
  • Communications vs Actions

Consistent Leadership​

Analyse founder interviews and presentations, confirm their comments and actions are aligned with documented purpose.

  • Start with oldest videos/content and work chronologically
  • Check official channels (prioritize long-form over short clips)
  • Assess founder backgrounds, motivations, funding, tech insights, roadmaps
  • Note how project is pitched/positioned for retail investors
  • Filter out misleading/overhyped projects early
  • Confirm background credentials on LinkedIn

Are they doing what they said they were going to do?

Verify Secondary Sources​

Verify Against Trusted Secondary Sources

  • Cross-reference with summaries from Binance Research, Messari, CoinGecko
  • Review funding rounds, team bios on Crunchbase
  • Analyze adoption metrics: wallets, downloads, dApp usage, DEX trading
  • Check token distribution for whales that can crash price
  • Compare social media following versus engagement signals

Objectives:

Media Coverage​

Evaluate Media Coverage and Narratives

  • Reputable outlets: CoinDesk, CoinTelegraph, Decrypt, The Block, etc.
  • Search for media blind spots - who is/isn't covering the project?
  • Identify prevailing narratives and counter-narratives
  • Assess transparency - is information consistent across sources?

Deconstruct Communications​

Read the blog to confirm if project has been true to its word, if only presence is GitHub this is a Red Flag. Scan for news on change of Tokenomics or Partnerships.

s- Read from inception to present across all mediums

  • Note milestones, roadmap updates, pivots, delays
  • Surface connections to other promising projects
  • Use internet archives to find deleted/scrubbed posts

Website and Documentation Quality​

Scrutinize Websites and Documentation

  • Analyze terms, policies, tokenomics, tech specs
  • Identify inconsistencies with other data sources
  • Ensure documentation is complete and accessible
  • Check roadmaps align with assessments from prior steps

Summarize and Rank​

Final Evaluation and Portfolio Selection

  • Revisit strongest projects from initial watchlists
  • Rank by potential, viability, transparency, strategic positioning
  • Construct portfolio with highest conviction picks across market caps
  • The key aspects emphasized are creating a diverse list, gathering information from various sources (founder interviews, secondary sources, media coverage, blogs, and official websites), assessing transparency and consistency, and narrowing down to the most promising cryptocurrencies.

Token Ownership​

Find out who owns the most of the currency.

  • If ERC20 Etherscan.io
  • Otherwise block explorer for the chain - No Info = RED FLAG
warning

Everyone pumps their bags, always DYOR!

  • What is their incentive?
  • What type of an investor are they?
  • How clear is their investment thesis?
  • What is their time horizon? Does it align with mine?
  • How is the idea structured and how does the idea fit into their thesis?
  • Do I have similar exposures already?
  • Does this fit with my value/belief system?

Team and Culture​

Research the lead developers and investors

  • Compare information on all sources for how capital was raised
  • Confirm that most tokens are in the community

Messari is helpful to track timeline and funding and find out key contributors and investors. Binance Research is more useful for finding out technical specifications. Typically information will be a bit outdated.

Daily Routine​

Daily routine and research resources.

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What is the most important question you could ask yourself to make progress?