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Topic: Benjamin Cowan named the four most promising altcoins - page 2. (Read 459 times)

full member
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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?
What if some other crypto prediction experts come, they say other types of altcoins will be the most successful next year and beyond besides ADA, AVAX and DOT, for example PYR, BNB and so on, should we believe that, of course not, all of us have principles in investing, Benjamin has beliefs about these Altcoins, but others don't necessarily, they also have Altcoins that they think are worthy and good.
hero member
Activity: 1414
Merit: 542
I don't know him but everyone is entitled to his opinion about the market but that doesn't mean that someone who hears it will have to follow it.
There's no bitcoin? Actually, whenever there's a bear market, it's always the best idea to buy bitcoin and you'll know the reason why when the market is up again.

Probably he is more focus on the altcoins itself that's why there are no bitcoin.

On hindsight, we would rather include as the majority in our portfolio though, we all know that in the next bull run, we can make a lot of money. And the risk is minimal as compare to altcoins.

And we have seen what happen to Luna, and now we have a hack on Sol: https://www.business2community.com/crypto-news/solana-hack-5-million-exploit-of-phantom-wallets-slope-wallets-02531188
newbie
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Tezos is always under the radar by bigger part of community but if you check the real technical side of the blockchain; TEZ is one of most developed blockchain at the moment.  
jr. member
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Personally, I can say that now it is very difficult to say which altcoins will be able to get excellent earnings. For me, as always, the most relevant altcoins are ETH, BNB, LTC. I can still say that these coins will be able to make us a little richer in the near future. But since the market is in decline now and this is a great chance to buy these coins in order to make a good profit in the future. And you can also do a little market analysis and find out that there are many other coins on the market that can surprise us with their capabilities.
hero member
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You own the pen
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?

Influencers such as this guy might receive a good amount of money to have some comments like this and they will become exactly like any other influencers out there who are investors themselves and act only as if they already studied the altcoins they are promoting while in reality, they are holding those altcoins. So it's better not to rely on their comments when you want to invest in some altcoins rather stay away from them because they won't say the same praise when they already sold their altcoins.
hero member
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I thought that I might be impressed with Ethereum's current rate for the fees. It seemed to be lower and I don't know who actually this guy is. I may reckon his opinion for the choices that he has because they've got their own networks and blockchain projects that have chosen to work with them.

It's missing BNB but that's all.

We can have our opinions on which alt may have the best future of them all. After all, it's still the market to decide and the community to have them placed at the top.
I also think there's nothing wrong with these altcoins that Benjamin has mentioned, they are quite established and are simply good for long term hodling. However, we may have different choices in the market, because some find them profitable while others have never experience making profits from them, so its still an individual's choice. In the end, they won't stay in the market if they start losing their value and will certainly be placed on the last spot in the market list.
Yes, there's nothing wrong with it and they're at the top. But there will be people that will disagree to that because we have our own ways of determining what's good and favorable to us.

I hold a few alts and on that list, it's only Ethereum.

But I do think they're all good because my basis is that they're part of the top and they're not just part of it, they've got the potential because each of them has their own beauty of their own blockchains.
hero member
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I thought that I might be impressed with Ethereum's current rate for the fees. It seemed to be lower and I don't know who actually this guy is. I may reckon his opinion for the choices that he has because they've got their own networks and blockchain projects that have chosen to work with them.

It's missing BNB but that's all.

We can have our opinions on which alt may have the best future of them all. After all, it's still the market to decide and the community to have them placed at the top.
I also think there's nothing wrong with these altcoins that Benjamin has mentioned, they are quite established and are simply good for long term hodling. However, we may have different choices in the market, because some find them profitable while others have never experience making profits from them, so its still an individual's choice. In the end, they won't stay in the market if they start losing their value and will certainly be placed on the last spot in the market list.
hero member
Activity: 3038
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I thought that I might be impressed with Ethereum's current rate for the fees. It seemed to be lower and I don't know who actually this guy is. I may reckon his opinion for the choices that he has because they've got their own networks and blockchain projects that have chosen to work with them.

It's missing BNB but that's all.

We can have our opinions on which alt may have the best future of them all. After all, it's still the market to decide and the community to have them placed at the top.
hero member
Activity: 2842
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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 don't know who is Benjamin Cowan is, but it's obvious that the coins he mentioned is solid as we have seen this making a good run specially in the last 2 years.

I personally have some of those in the list, specially ADA wherein I was able to get it when it was still very cheap, (less than $1) and I will continue to hold on it regardless if someone says so. Because I believed that one day it will be huge.
legendary
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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).
It is not sure enough if they are the four most promising altcoins, but those 4 altcoins so far have good progress. I also have those four coins so far, their fundamentals are exactly clear and strong enough. Only need further trends again to rise up the price of those coins. they are not hype coins and also not like meme coins that are rising up only because of hype. They are altcoins that have strong fundamentals actually.
But, I am wondering why he didn't include BNB? I think that it should be the most promising altcoins after Ethereum, more than ADA, AVAX, and also DOT  Grin
hero member
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Frankly, when I saw the title, I thought something would come out of it. You don't need to be a prophet or have good analytical knowledge to say these things. 4 projects and 4 cryptocurrencies are projects that have proven themselves in this field. But a single island does not interest me that much. However, it is not possible to make money in the short term with these cryptocurrencies. They have already shown a significant rise. If there is a serious decrease, then I think that money can be made from these four.
hero member
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Regarding his opinion, I honestly agree with Ethereum Polkadot Avalanche Cardano. This four altcoins do have a lot of potential in the future, if you take the opportunity to invest, the chances are better now. All four are at a great price to keep long term moreover Polkadot and Cardano are relatively cheap. But right now there are also many other promising projects so this four altcoins are also not enough to make a profit, we need all time frames be it short or medium.
hero member
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I don't know him but everyone is entitled to his opinion about the market but that doesn't mean that someone who hears it will have to follow it.
There's no bitcoin? Actually, whenever there's a bear market, it's always the best idea to buy bitcoin and you'll know the reason why when the market is up again.
copper member
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I think it can be taken simply as an opinion, but in no way investment advice. In fact, the projects he listed are really good, but I definitely can't agree with his opinion that these are the most promising altcoins. I would add Solana and LUNA here. Realistically, these ecosystems are growing very rapidly right now. Yes, they each have their own problems, but the amount of money they raise in their ecosystems makes you wonder about their growth and development prospects.

By the way, in the article he mentions the projects you point to. He explained why he did not invest in these projects. Here are his words:

"Some projects, such as LUNA and Solana, it's not that I didn't like. It's just that I was late with them, so it's easier to focus on projects that you really started investing in earlier, rather than those in which you were late," Cowan said.

And more thing:

"There are other good altcoins. It’s hard to ignore Terra (LUNA) when the project is literally buying billions of dollars worth of bitcoin,” the analyst said.

His words, in principle, confirm your thoughts about these two projects.
staff
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I think it can be taken simply as an opinion, but in no way investment advice. In fact, the projects he listed are really good, but I definitely can't agree with his opinion that these are the most promising altcoins. I would add Solana and LUNA here. Realistically, these ecosystems are growing very rapidly right now. Yes, they each have their own problems, but the amount of money they raise in their ecosystems makes you wonder about their growth and development prospects.
hero member
Activity: 2282
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Some kids can even do better than him and i were missing something or what? I never know who this guy is and you called it as an analyst and that doesn't even make sense. Almost all of people in the crypto were also analyst. The most promising altcoins must be the new tokens that have not yet listed on the big exchange sites and it has so many backers behind it. This can become the hidden gem that being searched by bunch of people in the cryptocurrency right now. Mentioning ADA as a promosing coin. That guy didn't even know how bad ada is.
legendary
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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?

Dot is a something i don't really like as a project and i have my doubts on the ADA and if it ever would be finished enough to work. However ETH and AVAX are full of interesting development from the tech point. I would choose only ETH from these in terms of adoption, not sure how high that can rise though.
hero member
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solana still has a network outage issue that doesn't have a solution yet. the most recent one was this month's case where their network was down for 7 hours due to a bot attack. and this is a serious problem, because so far this year they have experienced this 7 times. that's why it's perfectly normal that Solana is not included in the best blockchain network projects.
Not being included in the category of the best blockchain network due to a problem is a very natural thing for Solana, so the team can immediately fix it before it drags on too long this year because the sooner there is a problem, the sooner it will be found out so that the team can immediately fix it immediately for Solana to be in the category of the best blockchain network.
sr. member
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I don't know what kind of analyst he is, but I think he says the obvious things. All these coins are more reliable, if I may say so, compared to other little-known projects. I think that during a bull market, DOT or AVAX will definitely show growth. Not sure about ADA and ETH. The first one has too much hype, the second one is already too successful.
sr. member
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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?

To be honest i have never heard of Benjamin Cowen before. I also think that you should not really care to much about the things that crypto analysts or other crypto influencers are saying in the end those guys are just trying to shill their own bags in 99% of the cases and i would guess that this is also true for the statement that you have linked in your post. The 4 projects that he posted as most promising are not really that surprising though as all 4 of them are big and established already. I am not so sure about Cardano though. It has pumpe a few months ago when the news came that smart contracts will be live soon but since then the trend is downwards.
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