I believe will saw the new shift of many altcoins price that made the green light to remain stable in some days to make some altcoins hodlers to make a new decision to apply for potential altcoins that will make their profits surplus when the real bull run show up in the market soon. I guess Ethereum and Binance are very good in long hodling because, since I became regular in the crypto market, I discovered that this two altcoins carry huge population to stand in second and third position in the market that is giving me hope that they are good in long term hodling and, it will be difficult for their customers to experience negative results like what other customers are experiencing from new altcoins in the market. Do you think this two altcoins are good in long hodling in this season? Because I have seen some reason that made me to apply for long term in this little shift of the price of altcoins which the bull run will show up fully next week.
Aside from the almighty Bitcoin, I can say that only Ethereum so far is the best altcoin to hold this season and in many years to come.
I do not know about BNB, XRP, ADA, LINK and the other fellow top-tier altcoins in the market. In my own instinct, these altcoins other than ETH are just good for either short or mid-term results.
Why I only root for Ethereum for the long term? It is because they are currently the best in terms of building Dapps on top of their market capitalization, trading volume and usage of the ecosystem despite that their gas fees aren't that cheap even if they have transitioned from Proof-of-Work (PoW) to Proof-of-Stake (PoS).
They are now impossible to be overtaken because of their usage despite that we acknowledge about XRP briefly overtaken them years ago not just once but twice or thrice. As of this moment, Ethereum is already solid at the #2 spot next to Bitcoin.