Benjamin Cowan named the four most promising altcoins

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Quote from: Muslimin mj on August 20, 2022, 12:36:47 PM

Quote from: light_warrior on May 01, 2022, 05:34:17 PM

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

Yes, I agree with Benjamin Cowan's opinion, because the aforementioned Altcoins have proven to have strong potential to continue to increase in the future. and the aforementioned altcoins have strong fundamentals that make several altcoins such as Ethereum (ETH), Avalance (AVAX), Cardano (ADA) and Polkadot (DOT) very promising.

These coins have actually shown good improvement for years. If we'll backtrack and check on their history, we can see how far these coins have gone. Yes, they're all promising and worth holding in the long run, especially Ethereum which has been in a good spot for the longest time.

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Quote from: light_warrior on May 01, 2022, 05:34:17 PM

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

Yes, I agree with Benjamin Cowan's opinion, because the aforementioned Altcoins have proven to have strong potential to continue to increase in the future. and the aforementioned altcoins have strong fundamentals that make several altcoins such as Ethereum (ETH), Avalance (AVAX), Cardano (ADA) and Polkadot (DOT) very promising.

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Those four looks to be quite good when you consider the token world. Tokens are not coins and they attach themselves into the chains of other projects. ETH, ADA, AVAX and DOT all have blockchains that other projects could use. So in return, that means if you think that the smaller token world could attach itself to bigger coin world and make it go bigger, then it could actually work.

It's like in the animal kingdom where the alligator doesn't eat the birds that clean its teeth, and the birds gets fed by all those things in the teeth. Similar mindset, both help each other and both grow and I think that could be the case in this situation as well.

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Quote from: diminizio on August 12, 2022, 05:04:37 AM

I agree because it is indeed the best altcoin right now. But as traders we still have to re-analyze and research more deeply, this is only people's predictions, while the investment risk is the responsibility of each. That's why we have to keep it in mind even though influential people have said it.

Benjamin Cowen is indeed a professional trader and has a youtube, of course many people also follow him,
but don't always follow 100% of his analysis, not only for Benjamin, but all traders on youtube,
don't take it raw, but if you also learn it then you really really great person.

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I agree because it is indeed the best altcoin right now. But as traders we still have to re-analyze and research more deeply, this is only people's predictions, while the investment risk is the responsibility of each. That's why we have to keep it in mind even though influential people have said it.

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Quote from: light_warrior on May 01, 2022, 05:34:17 PM

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

I agree with this statement because for the current market cycle these 4 altcoins have a high potential to be bullish and can provide benefits to their holders.
plus the support factor from Bitcoin whose price is slowly starting to creep up can make altcoins follow the increase in bitcoin prices and reach their respective ATH.

el kaka22

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There isn't a single investor or "expert" in the world that would know how the markets will behave in future. However, if you spent some time on the markets, you could realize that when the world is doing better, crypto does better as well which means that when the price of bitcoin goes up, could be the same time as when stocks go up, and that means the economy is back to normal.

For that to happen the feds need to relax on the rate increases, the day they lower it, there will be plenty of money going back into the market and that means a lot of money going into stocks and gold and crypto and other stuff which will make it go up. So, you could have a vague idea on when that will happen.

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^
This post was back in May 01which is months ago. I have no idea who Ben Cowen too but after I googled I learn a few things about him like he had been providing technical analysis to the market and he also shills the altcoins he mentioned. No surprises there.

But because these coins are also top of CMC rank, it's not so bad. He didn't add more of the favorite tokens though like the BNB, MATIC and SOL.

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Quote from: light_warrior on May 01, 2022, 05:34:17 PM

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).
What do you think about this? Do you agree with his opinion?

First of all i have to say that i have never heard of Benjamin Cowen before, because i stopped following Crypto Experts, analysts, influencer or however you may call them because i made the experience that each and everyone of them is just trying to maximize his own profits by shilling projects to their followerbase that they are already owning themself in order to be able to dump on their followers once they can.
That being said the picks he mentioned above are definitely not wrong i mean those are all big and established projects that will probably do well in the future. That is not that big of a mystery i think. The truth is also, that this projects already made a x100 or even more. So you have to manage your expectations when you invest into this projects.

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Quote from: light_warrior on May 01, 2022, 05:34:17 PM

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

Even if he is good on his field still he cannot predict the flow of all altcoins in the market. I'm sure he just guessing thru the alts he holds or even following so I guess its not ideal for us to follow what he mention because this guys create something like this to make their name controversial. We also need to do our research and our god feel as well as experience is more valuable since we are the one who can help us earn on our trades.

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the ones he mentioned were popular coins, so quite naturally in the future, it could be very promising. It's just that it's still speculation. however, ethereum is a very good coin. we know that. but a large fee can make it fall in the future. if the fee of ethereum becomes really low, then it will make the price will go up in the future. however, beyond all that I believe that the coin mentioned is a promising coin. in fact, sometimes when new investors want to invest, people will recommend one of the coins mentioned because all of these coins are indeed good enough to be a place to invest at this time.

inanilujimi

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Tron is an old project that has made it big in crypto, so it's hard for people to leave Tron. what's more at this time usdt which is basically on the tron network has a very large market capacity, for me as long as it is still useful and works well whatever the type of altcoin it still deserves to have a place in the crypto space.

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I agree that those four are quite decent project, Ethereum and Avax especially I like them both. But to be said as the most promising altcoin is a little bit exaggerating, except for Ethereum. Avax, Polkadot, and Cardano still need to prove that their developer is serious with what they promise, I saw that Cardano and Polkadot development has been halt and slowed down, not in accordance with the roadmap, and it result in some other project like Solana and Polygon almost surpass them or even already surpassed them in the past in term of market cap.

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Quote from: minairia3 on August 05, 2022, 04:51:34 PM

Quote from: justdimin on August 05, 2022, 04:08:21 PM

Quote from: ?? on ??

Of course it is a potential altcoin that we deserve to hold for the future, so never hesitate with the coin because currently there are very many investors who have invested in the project, especially now that a price drop is happening, it is very appropriate to collect the coin so that later we can get big profits in the future.

I am not sure if that is the case. I get that ethereum is a good one, and maybe Avax could become a good one if they keep this up, but ADA and DOT do not look to be great ones with a huge potential to me. Maybe I am wrong but it looks as if that could be the case for most of it right now.

Because, ADA promised the worlds and delivered a tree, that's not going to cut it in the crypto world. It was so much hyped that the promises made it into third biggest coin for a while, and that should tell you how much people are in the wrong here. To get something that is as big as ADA was, you need to actually have something and not the promises of something, which was the main problem.

Personally, I prefer AVAX or DOT but ADA really makes me doubt. Most recently, they continued to be late for the Vasil Hard Fork update due to a technical error, it must be said that this is common with ADA constantly delaying updates, prolonging ADA's progress, made people start to doubt the future of ADA. It's been a long time since ADA has shown us a noticeable burst of hype.

To be fair almost all of the projects have delays, even Ethereum massive upgrade in years has been marred with a lot of delays but the thing is, they keep on moving forward. And there are reasons for the delay that can be justified, like you mentioned, technical error that need to fix first before they go live, and I think that is understandable. And I'm a ADA guy so obviously I will be biased and say that I like them as compare to AVAX or DOT.

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Quote from: justdimin on August 05, 2022, 04:08:21 PM

Quote from: ?? on ??

Of course it is a potential altcoin that we deserve to hold for the future, so never hesitate with the coin because currently there are very many investors who have invested in the project, especially now that a price drop is happening, it is very appropriate to collect the coin so that later we can get big profits in the future.

I am not sure if that is the case. I get that ethereum is a good one, and maybe Avax could become a good one if they keep this up, but ADA and DOT do not look to be great ones with a huge potential to me. Maybe I am wrong but it looks as if that could be the case for most of it right now.

Because, ADA promised the worlds and delivered a tree, that's not going to cut it in the crypto world. It was so much hyped that the promises made it into third biggest coin for a while, and that should tell you how much people are in the wrong here. To get something that is as big as ADA was, you need to actually have something and not the promises of something, which was the main problem.

Personally, I prefer AVAX or DOT but ADA really makes me doubt. Most recently, they continued to be late for the Vasil Hard Fork update due to a technical error, it must be said that this is common with ADA constantly delaying updates, prolonging ADA's progress, made people start to doubt the future of ADA. It's been a long time since ADA has shown us a noticeable burst of hype.

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Quote from: ?? on ??

Of course it is a potential altcoin that we deserve to hold for the future, so never hesitate with the coin because currently there are very many investors who have invested in the project, especially now that a price drop is happening, it is very appropriate to collect the coin so that later we can get big profits in the future.

I am not sure if that is the case. I get that ethereum is a good one, and maybe Avax could become a good one if they keep this up, but ADA and DOT do not look to be great ones with a huge potential to me. Maybe I am wrong but it looks as if that could be the case for most of it right now.

Because, ADA promised the worlds and delivered a tree, that's not going to cut it in the crypto world. It was so much hyped that the promises made it into third biggest coin for a while, and that should tell you how much people are in the wrong here. To get something that is as big as ADA was, you need to actually have something and not the promises of something, which was the main problem.

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Quote from: light_warrior on May 01, 2022, 05:34:17 PM

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

Wow, this guy is going to get rekt. ADA is vapourware, ETH 2 doesn't scale Ethereum, it only enables data sharding and that is 2 years or more in the future, AVAX gets clogged any time there is high trading volume on their DEXs, DOT won't gain mass adoption because parachains have to pay bribes to join the chain and that will prevent growth of their protocol. The top 4 should be: XRP, 0xMR, ICP, and IOTA. This covers finance, privacy, internet/Web3, and IOT respectively.

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Yes, so far these four altcoins are altcoins that have strong fundamentals so it is not too surprising that many technical analysts speculate that in the future these four altcoins will be more valuable, but apart from that I will say that BNB is also one of the promising altcoins because it has been in great demand by investors since the rising fees on ethereum.

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The best for Benjamin Cowan's wallet I guess Grin

, this man is a whale and people with such money will hunt for the bigger projects in the space, as for people like myself that still struggle here and there with my 1000$ investment I will prefer to find the next big altcoins for better returns, I think this whale must be one of those who bought avalanche and Polkadot at a very cheap years ago.

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Quote from: light_warrior on May 01, 2022, 05:34:17 PM

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I also see the potential of these coins in the market, but honestly, there are many other altcoins that I think have a stronger upside potential than them. These are basically old coins and have huge backing, so it's easy to recommend them in an investment portfolio in terms of the balance between both return and risk from them. However, at different times, new altcoins will emerge and offer different strengths, so it is hard to say that they are best with market changes over time.

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