Topic: Best altcoins to hold during a bear market? (Read 1744 times)
I think the best altcoins to hold when the market is bearish are BNB and Ethereum, because I believe these two coins have become important pillars in the crypto world besides bitcoin, even though the market is bearish, these two coins will always survive
Probably ones with a real world use like Opacity.
Private Storage that will be decentralized... Epically cheap right now too.
Great CEO, and great community
Private Storage that will be decentralized... Epically cheap right now too.
Great CEO, and great community
Altcoins are truly worth focusing on during a bear market. we don't know to decide one factor before we see bitcoin-affected value strength. It's difficult to hazard holding or purchasing new altcoins during the bear market so I will decide to hold likely coins since they give great confirmation of recuperating. That is the means by which I sorted out their abilities prior to whatever else will come at my inclinations.
Although it is not the right time according to the market direction, I think that a currency that can be very beneficial to have it in an eventual Bearish market is Uni, the reason is simple, has a great project, it supports it a great community, and is in the Cointelegraph analysis prism:
I think that for now it can work that way of investment based on that the market continues to move so bearish.
In fact, it's not just a good union to hold in a bear market. in fact, popular coins are the first recommendation to have when the price is bearish. It's been years since we've seen a bear market, and the prices of bitcoin, ethereum, BNB, and others to date have been very high. even some coins are currently approaching ATH, or even exceeding ATH. well, so what is recommended when bearish are coins like BTC, ETH, BNB, ADA, UNI, SOL, POLYGON, and others. You have so many choices regarding that.Quote
Such a move could push the price to $31.41 and if this level is crossed, the rally could extend to the pattern target at $36.98. The 20-day EMA ($24.50) has started to turn up and the RSI is just above the midway, suggesting a minor advantage to the bulls.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uniI think that for now it can work that way of investment based on that the market continues to move so bearish.
NFT Gaming is looking very promising
I really think that this project is so underrated, I know a couple great projects and great games
MonstersClan is looking nice and soon will be Halloween so Monsters can really blow, their Alpha will be live on 15 of December, there are lots of the games that are coming out this December or next year Q1
NFT Gaming and Play To Earn will be very hyped next year and projects like MonstersClan MONS can rise up
Pay attention to NFT Gaming area, I think it's a next trend
They really are promising but not all of them will still in the market when the bear market hits.I really think that this project is so underrated, I know a couple great projects and great games
MonstersClan is looking nice and soon will be Halloween so Monsters can really blow, their Alpha will be live on 15 of December, there are lots of the games that are coming out this December or next year Q1
NFT Gaming and Play To Earn will be very hyped next year and projects like MonstersClan MONS can rise up
Pay attention to NFT Gaming area, I think it's a next trend
I have not heard of monstersclan but I'm aware that tons of NFT games are there.
That's why I'm keeping an eye with the others that I think has the potential to grow.
I am not sure that even a half of the tokens in your list is likely to survive a bear market. Most people sell off almost all altcoins in the beginning of the bear market and hold only Bitcoin, Ethereum, BNB and some others based on the platforms they are using. So I would recommend keeping only mainstream currencies for yourself as many altcoins will be just abandoned during the bear market and will not recover any more.
I don't expect a bear and bull market war, long term formations should be planned,
I don't understand this statement. What are you talking about, buddy? The bullish and bearish are always there, they go and come at any time. There is nothing wrong with this, both are needed to make crypto market alive. It is impossible if we only have bullish, never happens for a digital asset to increase only without a decrease. For the long term, both cannot be predicted and planned, bearish/bullish goes and come naturally.
Holding altcoins with no volume guarantee is really a big struggle for us, so choosing which one is the best has no proper way of disclosure. What I'm only going to see now are XRP, TRX, and DOGE as their names have become more trending from the previous revival of BTC, and if you check on different trading sites, they are also paired in BTC. That's how I know what they're capable of before anything else comes my way.
Although it is not the right time according to the market direction, I think that a currency that can be very beneficial to have it in an eventual Bearish market is Uni, the reason is simple, has a great project, it supports it a great community, and is in the Cointelegraph analysis prism:
I think that for now it can work that way of investment based on that the market continues to move so bearish.
In fact, it's not just a good union to hold in a bear market. in fact, popular coins are the first recommendation to have when the price is bearish. It's been years since we've seen a bear market, and the prices of bitcoin, ethereum, BNB, and others to date have been very high. even some coins are currently approaching ATH, or even exceeding ATH. well, so what is recommended when bearish are coins like BTC, ETH, BNB, ADA, UNI, SOL, POLYGON, and others. You have so many choices regarding that. Quote
Such a move could push the price to $31.41 and if this level is crossed, the rally could extend to the pattern target at $36.98. The 20-day EMA ($24.50) has started to turn up and the RSI is just above the midway, suggesting a minor advantage to the bulls.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uniI think that for now it can work that way of investment based on that the market continues to move so bearish.
I don't expect a bear and bull market war, long term formations should be planned, not much of a big advantage in the short term but the long term benefits will be much bigger. ETH, Solana, Avax, ADA all have good long-term growth instincts even when the bitcoin bear market kicks in. But in the future when bitcoin is widely accepted as legal, alts will have an even bigger struggle.
BTC is already accepted widely and altcoins are struggling even today and the more they will struggle when the bear market begins.
You wouldn't want to lose money while holding altcoins when there is a bear market. The ones who do that are wasting the opportunity, you wait and expect a profit when bull run we should also be expecting profit from the bear market.
I don't expect a bear and bull market war, long term formations should be planned, not much of a big advantage in the short term but the long term benefits will be much bigger. ETH, Solana, Avax, ADA all have good long-term growth instincts even when the bitcoin bear market kicks in. But in the future when bitcoin is widely accepted as legal, alts will have an even bigger struggle.
I don't know if you noticed, but a few weeks ago there was a big difference in the behavior of the Bitcoin price and the Ethereum price. In my opinion, there is a good chance that even if the bear market on the Bitcoin price starts, the Ethereum price will remain at its level, or even go up. The flawless introduction of Ethereum 2 will definitely help a lot in this. In my opinion, during the next bear market it is best to invest in Ethereum.
ETH is no doubt worth to hold as they have real developments going on. Even if we say some of their target tasks are delayed, still they deliver to what is being promised to the community. Now, it is how you manage your portfolio when it comes to investing with these different alts. Just make sure it is not because of the hype, because most tokens driven by hype will easily die down if the hype is gone.
I don't know if you noticed, but a few weeks ago there was a big difference in the behavior of the Bitcoin price and the Ethereum price. In my opinion, there is a good chance that even if the bear market on the Bitcoin price starts, the Ethereum price will remain at its level, or even go up. The flawless introduction of Ethereum 2 will definitely help a lot in this. In my opinion, during the next bear market it is best to invest in Ethereum.
I dont tempting to keep other than USDT, as data said and my own experience, USDT is stable enough to hold our assets during volatile markets, so USDT still my best option until now.
Crypto market is always volatile, it is the way for crypto coins to move significantly. I don't know why you prefer to buy stable coins, it is not the right coin for investment. If you have a goal for big profits, you must choose other coins. Having volatility doesn't always mean risks, it is also the chance to gain bigger profits. If you are holding a coin that has a stable price, how can you gain big profits? Except, you only want to put your money in a crypto coin without hoping for significant profits.
Although it is not the right time according to the market direction, I think that a currency that can be very beneficial to have it in an eventual Bearish market is Uni, the reason is simple, has a great project, it supports it a great community, and is in the Cointelegraph analysis prism:
I think that for now it can work that way of investment based on that the market continues to move so bearish.
Quote
Such a move could push the price to $31.41 and if this level is crossed, the rally could extend to the pattern target at $36.98. The 20-day EMA ($24.50) has started to turn up and the RSI is just above the midway, suggesting a minor advantage to the bulls.
Source: https://cointelegraph.com/news/price-analysis-10-8-btc-eth-bnb-ada-xrp-sol-doge-dot-luna-uniI think that for now it can work that way of investment based on that the market continues to move so bearish.
I better buy NFTs
BTW Melon will launch first ever Viral NFT on 08 of Octoober which is great, I think we need more cool NFT projects
Well build long term projects like this one, with something unique in it
Tho I think NFT gaming looks promising as well
Are you getting paid just to say this on all other people's topics by repeating the same discussion without caring about the others? do you think other people will not be annoyed by this which is meaningless at all. BTW Melon will launch first ever Viral NFT on 08 of Octoober which is great, I think we need more cool NFT projects
Well build long term projects like this one, with something unique in it
Tho I think NFT gaming looks promising as well
In my opinion, the best altcoins to hold in a bear market are etherem and binance because these altcoins have very good potential and prospects, especially since ETH and BNB are altcoins that are included in the top 5 of CMC, which will certainly provide greater opportunities to grow higher. in the future,
USDT is the best option for me, best move to keep our asset safe while we read the market direction and make a decision when we should buy the dip. I dont tempting to keep other than USDT, as data said and my own experience, USDT is stable enough to hold our assets during volatile markets, so USDT still my best option until now.
The post is insightful and knowledge filled, as it helps to direct an investor on investing the right way. On my own way I would say, exchange tokens or coins are good to hold not only during bear market but all round market, because the have systems already in place which drives value to their coin, but good exchanges coins to be precise. Also, not only exchange coins are good to hold during bear market but any coin which is good and also recovers fast, talking about recovering fast from a bear market the likes of SOL comes to mind because of their constantly growing ecosystem. In fact, any coin whose team are always putting in more efforts towards their platform development, coins or tokens of such projects is good for holding, ADA is also a good example.
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