Topic: 4 Altcoins to look at in 2023 - page 9. (Read 1711 times)

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.

I’m expecting to read more about the reason why DOGE will be a big thing this year, but failed to see constructive reason.

Anyway, I only have ETH on my list and I just added LTC on my holdings in preparation for their halving this year and I believe LTC are more worth it to talk about than the 3 coins listed above. We all have our own different approach into this market, good coins should be complemented by the facts and its current trend.

This is interesting but among those 4 coins that you have listed, Dogecoin is the least option that I pick and possibly may not. Why? It is because there is other more potential coin than Doge and besides, Dogecoin is not interesting anymore, we can't be in profit with this project unless a miracle come like if EM will hyped them again. Ava, ETH, BNB, and Link - are good options for me but I have to put more funds into ETH and Link over Ava and BNB.

DOGE looks a bit ridiculous in this list of projects that have utility, I would put Optimism here instead of DOGE. Extremely promising project with great utility, a lot of activity going on around this project right now, users are rewarded with various drops. Definitely worth keeping an eye on for this L2, but that's not financial advice, DYOR.

Right now i'm own only 1 coin (ETH) from your list and i will keep hold it until the next bull run. It’s undoubtedly promising coin with less risk to hold if comparing with others altcoins. Whatever, i was hold some DOGE and i sold it in the last year. I have no interest with Avalanche and Chainlink.

I admit that Ethereum is still worth investing in for the long term, this is one of the best altcoins ever to be able to survive in a large market capitalism under bitcoin, but for other coins I still don't trust them even though there are some plans for their development anyway. I still doubt it personally.

Doge is a meme coin that will make gambling there, like waiting for an explosion that doesn't know when it will happen, this coin is indeed influenced by someone who is called Elon Musk in general, but that's not certain I still don't believe doge as a good choice.

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.

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.

I'd agree with ethereum but I doubt with Doge and other meme tokens. Well, on the usual, in every bullish market majority of cryptocurrencies' market price are increasing. Butthe downside of meme tokens is being dependent with demand and hype alone. So if these coins won't be having interest from investors even if there is an uptrend, then nothing will happen. Unlike with utility tokens wherein even if the market is neutral or in downfall, there'd still be a chance for an instant recovery since the token itself circulates on a certain platform. Ethereum on the other hand has a large chain, meaning it is being used to most of the projects and transactions in this industry which means it would always be promising to invest.

No one will be able to deny the place the “must” coin in the main portfolio is ETH.  I think it would be a big mistake to ignore the influence and dynamics of ETH on the altcoin market. So simply embrace it. I have more than 4 altcoins in my portfolio but priority is ETH, ADA, THETA, POlygon .

In addition, I am quite interested in new but potential and interesting coins such as:
1. Arbitrum - a layer 2 brings an incomplete, pure ecosystem but has many great development opportunities.  Hoping as the information 6/2022 Arbitrum has been selected by the Norwegian government to build a financial product, August 31 Arbitrum successfully deployed the Nitro upgrade - simplifying the communication process between ETH, reducing transaction fees  .  

2. ADA: in addition to expecting Djed, there is also a solution to extend layer 2 - its hydra, in tune with defi that can continue to grow bigger when ADA has reached maturity.  It will be bigger.

First of all, I like your Username. I hope that you aren't really holding a shit-ton of shitcoins out of your wallet/s.

Anyway, those 4 coins that you've shared are at the top of the list in terms of market cap and as an investor focusing on large market cap coins, I'm always looking for some of the altcoins to invest my money with.

Avalanche isn't on my radar for some reasons, but it is very popular. Chainlink is the one that I just bought recently (just a few weeks ago). DOGE has been there for a very long time and yet, I didn't have the courage to buy it for an unknown reasons (I feel embarrassed because of it). Ethereum is for me what I consider as a "blue chip altcoin" because it has been there for a very long time and until now, upgrades are still being implemented.

Among the 4, LINK and ETH are the ones that I'm holding right now aside from ADA.

of the 4 coins on your list right now I only have AVAX and ETH. and 2 others are on the list that I ignored. for ETH actually has quite positive news. at least it will be positive enough in making the price have a good enough increase. so I'm still holding it. that is, a testnet will be carried out in preparation for the launching of the Shanghai upgrade. I hope this becomes a strong enough trend. But unfortunately some fud scattered. Paxos (BUSD) seems to be being attacked by fud at the moment. so don't be surprised if the market is currently red.

I have 4 coins on your list

I also have more BNB than 1, 3 and 4. But I wonder if Doge can rise and make new history like previous ATH because it's a bit difficult with so many coins in the market. I'm not saying impossible but rather difficult.

For Avalanche and Chainklink, I have no idea whether the coins can increase too high or if I have to wait for their turn to increase.

Do you have LTC, ADA, ATOM, or Matic?

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.

I guess that you've put Avalanche into #1 because that's the one that you've got the most in your portfolio. And with that news that you've also posted about it being chosen by Amazon makes it even a better choice.

But even with that, I'm not investing on it. I don't want to diversify too much with altcoins and if it has already reached an ATH price, it may take time to be back there again.

My choice is Ethereum and I've got a few of it and still holding.

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?