Topic: 4 Altcoins to look at in 2023 - page 8. (Read 1792 times)

Our choice varies mate and it's good to show some form of in-depth analysis before making our choice since altcoin market is highly volatile and risky with less trust on it value for long term.
-But as you have rightly said, investors will definitely make a choice and all that we can wish ourselves just the best of luck, we should also learn how to calculate the percentages of our portfolios based on the assets we most prefered.

Altcoins are frequently outperforming Bitcoin because of new technology and innovation.

ETH doesn't need a partner as it was a strong coin already but if let say it does then Doge coin is not the coin for that. This coin is nothing compared to ETH. If Doge will have its own partner then that will only be Shiba Inu because both of them are in the same category. BNB is fine as a partner of ETH but how can you say that Avax and Link are not worth it when they are much better than in Doge?

I was wondering in fact on why Doge coin is included in this list. I think the coin is dead already in terms of price growth because it looks like Elon got tired of it already. It's been a long time since we saw him tweet the coin but he never did that nowadays.

Our choice varies mate and it's good to show some form of in-depth analysis before making our choice since altcoin market is highly volatile and risky with less trust on it value for long term.
-But as you have rightly said, investors will definitely make a choice and all that we can wish ourselves just the best of luck, we should also learn how to calculate the percentages of our portfolios based on the assets we most prefered.

Proven on how long it's there and how many times it did reached different peaks speaks for itself but still, good luck with our set of choices.

I believe why he mention Avalanche at #1 is because the list was arranged in Alphabetical order and the coin happens to come first aside from that I don't think Avalanche have the liquidity and value to top the chart of most preferred choice of investment where we have coins like Ethereum and Dogecoin in the list.

-My personally won't select multiple coins for my portfolio too and I will rather hold ETH and be at peace and my remaining balance investment will go for Bitcoin.

the first and the second are quite good choices which as we have noticed to this day the developers of these two altcoins have shown quite good prospects and also a lot of their partners in the development of the ecosystem on the network they have made so far, I think I missed it is a loss in my opinion, regarding Doge and Chainlink I don't think it's the best choice in my opinion because we know that doge only relies on Elonmusk's golden words without him maybe doge won't be seen as big as it is now.
I think you also need to consider ADA and Matic and or GRT two top 10 coins that have a large enough market cap and also ecosystems that operate well and GRT which is a concern because it relates to big data and AI which was being discussed at the beginning of the year it's 2023.

For me, amongst those on the list, I only have Ethereum in my portfolio, I have nothing against the 3 of them, but for me it's better to stick to where I have been profiting in the last couple of years as I investors.

So no complains here, if you have them, then good, might be good to add BNB or ADA, obviously, this two I have as well because again, in the last bull run, it also get me a good profit so I will just repeat the process till the next bull run.

It will be very important as usual to make good selections of our coins and while Bitcoin is looking very bullish right now, holding some Altcoins is very important because in a bull run, Altcoins are frequently outperforming Bitcoin because of new technology and innovation.
Here are my selections:

1# AVALACHE

Avalanche had many great news recently as AMAZON selecting Avalanche because of Subnets and Avalanche has seen numberous new applications launching on Avalanche.
In general, Subnets are a huge game changer on Avalanche: https://medium.com/@demirelo/the-era-of-avalanche-subnets-9e94f377cb65

Subnets are a collection of validators participating in Avalanche consensus. A subnet can have costomized Blockchain characteristics but it's based on Avalanche Blockchain. So, a Subnet can be a customized Blcokchain, validated by Avalanche validators who are also required to validate Avalanche's mainnet.
Every Subnet can have different levels of inclusiveness (for example: permissioned, public or private), Such an unique design opens up many possibilities to implement numberous enterprise applications on Avalanche's Blockchain.
AMAZON has detected Avalanche's potential already, when Amazon selected Avalanche: https://medium.com/avalancheavax/ava-labs-and-aws-bring-scalable-blockchain-solutions-to-enterprises-and-governments-295040a34263
In addition, Avalanche is a capped coin, making it scare and people can buy it as a store of value.

Avalanche can really have huge potential and increase in price massively.


2# ETHEREUM

Ethereum has achieved PoS in 2022, making it a top contender against Bitcoin's PoW when combatting climate change. PoS will make Ethereum less wasteful because PoS requires less energy consumption.
In addition, Ethereum is now more scarce as well even if Ethereum's supply has no hard cap but inflation of Ethereum ist reduced since PoS.
Ethereum is still strong in DeFi applications, such like Uniswap. More demand of DeFi applications could drive demand for Ethereum.
Only issue is scalability of Ethereum: while Blockchains such as Avalanche have solved scalability, scalability on Ethereum still needs to be coded, which could take lots of time.


3# DOGECOIN

Dogecoin is an original coin and has been around for a very long time. Dogecoin is very famous because of Doge and it will always attrach some people to buy it.
Compared to cipies, like Shiba Inu or Elon Doge, Dogecoin will always be an original coin, not a cheap copy.
Dogecoin can be promoted easily because it's a timeless coin.


4# CHAINLINK

Chainlink is a relatively new Coin and it gained interest quickly.
Because Chainlink is very essential in an environment of a large number of Blockchains, which need to e linked, we can expect positive investments if we are long on Chainlink. It is likely to increase interoperability as an important factor between Blockchains and Chainlink is well positioned to be a leading Link coin. Chainlink is also supported by Avalanche core developers.
Finally, Chainlink has a massive support among NATO members advertising for it on various soccial media channels.




After all, coins are always speculative but my examples mentioned above are in my opinion a good selection.
We don't know about profits but in a bull market, Avalanche, Ethereum, Dogecoin and Chainlink could perform very well.

What's your Altcoin to look at in 2023?

I think Ethereum and Doge can still be paired and held in 2023, but AVALACHE and CHAINLINK are not worth it in my opinion. if I may suggest that you join altcoins like Bnb just not to waste your time

It will be very important as usual to make good selections of our coins and while Bitcoin is looking very bullish right now, holding some Altcoins is very important because in a bull run, Altcoins are frequently outperforming Bitcoin because of new technology and innovation.
Here are my selections:

1# AVALACHE

Avalanche had many great news recently as AMAZON selecting Avalanche because of Subnets and Avalanche has seen numberous new applications launching on Avalanche.
In general, Subnets are a huge game changer on Avalanche: https://medium.com/@demirelo/the-era-of-avalanche-subnets-9e94f377cb65

Subnets are a collection of validators participating in Avalanche consensus. A subnet can have costomized Blockchain characteristics but it's based on Avalanche Blockchain. So, a Subnet can be a customized Blcokchain, validated by Avalanche validators who are also required to validate Avalanche's mainnet.
Every Subnet can have different levels of inclusiveness (for example: permissioned, public or private), Such an unique design opens up many possibilities to implement numberous enterprise applications on Avalanche's Blockchain.
AMAZON has detected Avalanche's potential already, when Amazon selected Avalanche: https://medium.com/avalancheavax/ava-labs-and-aws-bring-scalable-blockchain-solutions-to-enterprises-and-governments-295040a34263
In addition, Avalanche is a capped coin, making it scare and people can buy it as a store of value.

Avalanche can really have huge potential and increase in price massively.


2# ETHEREUM

Ethereum has achieved PoS in 2022, making it a top contender against Bitcoin's PoW when combatting climate change. PoS will make Ethereum less wasteful because PoS requires less energy consumption.
In addition, Ethereum is now more scarce as well even if Ethereum's supply has no hard cap but inflation of Ethereum ist reduced since PoS.
Ethereum is still strong in DeFi applications, such like Uniswap. More demand of DeFi applications could drive demand for Ethereum.
Only issue is scalability of Ethereum: while Blockchains such as Avalanche have solved scalability, scalability on Ethereum still needs to be coded, which could take lots of time.


3# DOGECOIN

Dogecoin is an original coin and has been around for a very long time. Dogecoin is very famous because of Doge and it will always attrach some people to buy it.
Compared to cipies, like Shiba Inu or Elon Doge, Dogecoin will always be an original coin, not a cheap copy.
Dogecoin can be promoted easily because it's a timeless coin.


4# CHAINLINK

Chainlink is a relatively new Coin and it gained interest quickly.
Because Chainlink is very essential in an environment of a large number of Blockchains, which need to e linked, we can expect positive investments if we are long on Chainlink. It is likely to increase interoperability as an important factor between Blockchains and Chainlink is well positioned to be a leading Link coin. Chainlink is also supported by Avalanche core developers.
Finally, Chainlink has a massive support among NATO members advertising for it on various soccial media channels.




After all, coins are always speculative but my examples mentioned above are in my opinion a good selection.
We don't know about profits but in a bull market, Avalanche, Ethereum, Dogecoin and Chainlink could perform very well.

What's your Altcoin to look at in 2023?

i have my eyes on ADA, MATIC, and DOGE. i'm more attracted to cheap coins than the ones that are more than $1. bought my MATIC when it dip to $0.65, it was a bit late because it dips lower than that but it's fine.

doge today is not just for the casino coin, it's now worth holding for a long time i guess so it's best to have them still in case Elon finally launches his twitter wallet. we can never guess what he'll do.

Doge was just a fad in 2020/21, there are so many heavy bagholders it will be real tough for the price of doge to spike with a constant supply increase of 10k new doge minted every minute or so.  Think doge falls back to be worth 40-60 sats.