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Topic: Benjamin Cowan named the four most promising altcoins (Read 468 times)

hero 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?

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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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.
legendary
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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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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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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.
legendary
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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.
hero member
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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.
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).
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.
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?

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.
legendary
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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.
sr. member
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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.
hero member
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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.
sr. member
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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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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.
jr. 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?
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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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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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
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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.

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
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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.
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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?

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.
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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.
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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
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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
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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.
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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.
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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.
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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.
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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.
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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.
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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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how about solana, this L1 network is also good and has great potential. Solana can be said to be in the same class as Polkadot, Avalanche, or even ethereum's toughest rival.

Agreed and what he said that above was a non sense thing to mention cardano. So far cardano was the only smartcontract platform that full with BS. This doens't have a good ecosystem like solana. Im a bit confusing to see the coins that mentioned by him. did he know crypto? this is also my first time to see that an unknown guy was mentioning the best coins based on his personal judgement but not from the development result. The shit chain like cardano must not even worth to be mentioned.  Cheesy
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how about solana, this L1 network is also good and has great potential. Solana can be said to be in the same class as Polkadot, Avalanche, or even ethereum's toughest rival.

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.
hero member
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You are partially right but do not forget that this is the reasons we have bear market, with an intensive bear market all these top altcoins will be very much affordable, its nothing to worry about, I am going to hunt for cardano and Polkadot, I believe they will hit a new all time low.
The question is, once you've got them both at an all-time low price point, won't you expect another pump on both Cheesy Huh
Hello, it's not always a low point that is expected, because in the end you will also expect a good pump to come on the coins you buy.
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how about solana, this L1 network is also good and has great potential. Solana can be said to be in the same class as Polkadot, Avalanche, or even ethereum's toughest rival. therefore Solana should also be included in the list of the best coins. instead I'm confused with Cardano, why this coin is included. should be Terra or BSC a worthy on that list compared to Cardano.
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For long-term gain, you should invest in Ethereum, Cardano (ADA), Avalanche (AVAX), and Polkadot (DOT) as they all are good projects. If you are looking for short-term gain then Bitgert is the project that you should look into. If they are able to fulfill what they have promised in their roadmap then it will easily replace some of the above-recommended projects in the long term. Do not follow blindly to anyone recommendation do your research and then invest.
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I won’t be taking anything he says as solid advice. ETH is not going to go great, I think. Possibly the others he predicted could do well though. The gas fees are ridiculous with ETH, I don’t think it’s sustainable & people may look to cheaper alternatives.
You do have a point but why are people still using Ethereum then? The most successful tokens are from Ethereum ERC20, those times when meme coins are doing so great I always leave behind BSC meme coins and go for ERC20 meme coins, I noticed they have better investors, better volume and liquidity.
legendary
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...What do you think about this? Do you agree with his opinion?

All these coins have long attracted the attention of investors, so Benjamin Cobain did not say anything new, he just voiced the realities of today in the cryptocurrency market. I would add Solana to these coins, which, after solving technical problems, could also take a worthy place in the investor's wallet.
legendary
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I won’t be taking anything he says as solid advice. ETH is not going to go great, I think. Possibly the others he predicted could do well though. The gas fees are ridiculous with ETH, I don’t think it’s sustainable & people may look to cheaper alternatives.
newbie
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In my opinion Collateralized stablecoin are worth it! Lets look at it this way, if crypto goes mainstream, retail companies will most likely choose stablecoins over volatile coins as a preferred way of payment.

Its nature just like the name suggests has a fixed value that is free from the effects of fluctuations. Unlike other altcoins, they are more dependable assets. They are a good option because they are appealing alternative for investors who dislike the volatility of the crypto currency market.


Retail companies always search for stability and safety. There are hundreds of million of dollars in daily revenues for some companies and when altcoins goes down by a simple 1% it spells disaster.

This is exactly why I’m so confident that stablecoins will most likely take center stage. This is of course considering that crypto goes mainstream and so far we don’t have 100% definitive proof that it will. So this is all personal speculation.

If you guys want to know if stable coins are worth it, https://www.quora.com/Are-stablecoins-worth-it/answer/Jane-Karen-1
hero member
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Seeing from what happened with the current market and i personally doubt that if we will be seeing another all time high for those major coins. He called that as the most promising coins but we didn't know how promising these coins are. Are still making any sense to hope more than 10x ROI or even 100x ROi from those coins? i thought that if it doesn't even make sense. So, the definition of promising coins totally depend on numerous factors.
Just like when someone was seeing this looks promising and it doesn't mean if it's promising investment for others. Remember that the chance for capital gain will be less compared with the small cap tokens in the market.
member
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I don't agree with his opinion. If that's for the big whales who have so many funds to invest and yeah that will be very profitable for long term but in this case i will try to think if it's not all of people have good amounts of money. That means if i will prefer to take the low cap token that is still available on the market like GMT or something else. This will give maximum profit rather than investing into the first tier with big marketcapitalization. I think that when people realize it if the big guy will always mention the safe coin to invest.
You are partially right but do not forget that this is the reasons we have bear market, with an intensive bear market all these top altcoins will be very much affordable, its nothing to worry about, I am going to hunt for cardano and Polkadot, I believe they will hit a new all time low.
full member
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I agree with him, ethereum, avalanche, cardano, and polkadot are layer1 projects with the highest potential at the moment. unlike other networks like Solana although good but this network still has problems. bsc could probably be a consideration but it's too centralized and that makes it bad. tron not too many people use it. maybe only luna can get into the potential list.
legendary
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I don't agree with his opinion. If that's for the big whales who have so many funds to invest and yeah that will be very profitable for long term but in this case i will try to think if it's not all of people have good amounts of money. That means if i will prefer to take the low cap token that is still available on the market like GMT or something else. This will give maximum profit rather than investing into the first tier with big marketcapitalization. I think that when people realize it if the big guy will always mention the safe coin to invest.
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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?
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