Usually, when it comes to cryptocurrency investments, I go through the following steps
1) General research to find out about any new coins to invest in
2) Preliminary research to see if the coin is legit or worth investing in
3) Ongoing research to find out market events that can impact a coin's price
Step 2 is rather straight forward but the one I have an issue with is #1 and #3. There is just so much information going around that I end up just sticking to the tried and tested ones like Bitcoin, Ethereum, etc.
Do you guys have any suggestions or workflows on how to tackle information overload?
News sites will be helpful to find out the new crypto projects then we can choose the projects by your preliminary researching way.IMHO buying the coins once it hits the exchange is the best idea even if you see highly potential coin because for sure the token's price will be dumped initially so you can get the tokens which equalizes the discount but primarily we can save our capital from scam projects.