Topic: Look out for a good Altcoin and buy now! - page 4. (Read 798 times)

Dear, I have already made a post in which I mentioned that buying good altcoin is tricky as we need to do DYOR and TA (Technical Analysis) which is time time-consuming thing. Indeed, bitcoin ETF has been approved but we are not seeing any big movements in the market due to the preplanned agenda of the big system for now. On the other hand, there is no doubt we will surely see big movements in the market because the Bitcoin ETF event is the most big and important event that ever happened so we need to give it some time to see good market sentiments.

On the other hand, the ETF of Ethereum is still on hold when the ETF of Ethereum approves all those coins which is working using the chain of Ethereum will also show us good moves, ARB can be a good option for us to buy because ARB also working with Ethereum network.

In my honest opinion always help DYOR before buying altcoins because we need to invest in those coins that have strong use-case and strong market sentiments

Since you said it is not easy and it is not easy to find altcoins other than those that are stable for us to choose because we believe they can provide profits and the altcoins you mentioned are quite stable and these altcoins are very suitable to buy when the price is lower than today, such as the price in the middle last year, but it's never too late, we just need to adjust the profit target by lowering it so that we don't become long term holders because the profit target is too high and we are reluctant to sell when the price is already starting to decline.

All four altcoins you listed are good, even Doge. As long as you are holding for long term. For me my favorite altcoins or let me say the ones I like to speak about are Etheruem and BNB. Both of them have their unique strengths and features and their potentials for growth above other altcoins.

Also, If we see a bull run, it is likely it will positively impact all altcoins so I don’t think any altcoin will be left out (but you still need to choose wisely).

etf eth will be approved I guess, but there will probably still be some dips before the halving even though market conditions look better now.
and we always have to pay attention to that.

Some people may prefer low cap altcoins, because they buy a decent amount and sell when the price rises, and can get a profit of up to 100x if they are lucky, but the risks are also big for this kind of project.

If you want to find a good altcoin after Bitcoin, I would directly tell you Ethereum. Because Ethereum is at the peak of popularity after Bitcoin. Anyone who can buy and hold Ethereum will surely get a lot of returns.  We've seen Bitcoin ETFs approve, but Ethereum has risen even more. Investing in Ethereum is less risky than unique altcoins. I have prepared to invest in three coins. Bitcoin is first, Ethereum second and XRP third in my investment portfolio. I am investing with my own thoughts and I hope that I can get the most out of my investment.

You are right Ethereum is the second biggest cryptocurrency after Bitcoin which means it has a good chance to grow and do well. It is possible that an EthereumETF could be approved after a BitcoinETF is approved which is a good sign. It may take some time for the Ethereum ETF to get approved but it is likely to happen soon than it did for Bitcoin. The fact that Bitcoin already has ETF makes it more likely that Ethereum will get approved too. While we should wait for that to happen  and it is a good idea to invest in other top 100 altcoins to diversify our portfolio and with doing this we can make more money.

Im leaning towards Ethereum because its the second largest cryptocurrency after Bitcoin, and theres a good chance the Ethereum ETF will be approved following the approval of the Bitcoin ETF. However, it seems like it might take some time, although probably not as long as it took for the Bitcoin ETF to get approval. Its like Bitcoin has opened the door, increasing the likelihood of an Ethereum ETF approval. Yet, its wise to diversify our portfolio with other top 100 altcoins while waiting for a bull run.

Yes, Bitcoin has many good benefits which may not be seen to an extent right now but one's a person is good in calculation and comparison can attain the fact right from where Bitcoin started back then it 2021 and currently knowing fully well that the halving is yet to happen and ETF just gotten approved, it is a sign for us to begin our accumulation, either in Bitcoin or Altcoins like the Solana and some other new currencies with certain potential

I see Ethereum behaving like Bitcoin this season, it will not have so many bullish movements that will multiply its price, and I do not think that Ethereum will do more than x3 of its current size altogether this year and some months after. These markets (Bitcoin and Ethereum) are now more mature and are the focus of institutional traders and investors when it comes to cryptocurrency, so they can't afford to behave anyhow like people thought, they have been inculcated into the mainstream of the financial market and the ETF approval of Bitcoin, which I believe Ethereum will soon join, will prevent some too high market movement as many would think.

The market will now be behaving more reasonably over time just like the traditional assets that hardly move in multiple and scarily. This might happen gradually but it will surely happen where stability will be the order of their behaviour. But for SOL, it's still small in size, it can rise higher and significantly at the same time. I even expect SOL to hit over $1,000 in the next 2 years or thereabout, and it will be the third cryptocurrency to reckon with even as it will be a tight rival of Ethereum with time. As for BNB, I prefer to be silent about it for now, it will rise too but I do not think it will be significant at all.

indeed newborn altcoins or just listed on binance can be very profitable for investors at the beginning. but also as potential investors, we must understand what coins we will buy, who is the founder, how is the roadmap. all must be studied properly so as not to choose the wrong investment in a newborn coin. because it is not uncommon for us to encounter a coin that is good at the beginning but not long after that it is immediately deslisted because the project is not developing. the result is not the profit we get but the loss of money and loss of time.

You're only partially right because when Bitcoin's price goes up, it doesn't guarantee that other Altcoins will follow suit. In fact, they might even decrease due to the exchange rate shock between Alt/BTC pairs when Bitcoin's price surges too quickly. The price increase of Altcoins usually experiences a certain delay compared to Bitcoin. This is a crucial phase that makes Altcoin holders susceptible to losses when Bitcoin's price rises while Altcoin prices drop at that time.
If they can endure and overcome that phase, they might witness the rise of Altcoins when Bitcoin gives up its market share.

Therefore, a more comprehensive piece of advice for buying Altcoins at this point is to accept short-term price fluctuations. Don't cut losses before the real Altcoin season begins. If you can handle this, then buying Altcoins now makes sense. Otherwise, I believe the most opportune time to buy Altcoins is when Bitcoin reaches a new peak, or at least when it surpasses its old peak at $69k USD.

If we want to make money from investing in altcoins, we should invest in altcoins that aren't yet popular and just listing on good exchange and are not popular altcoins that have made alot of profits already. Binance Exchange just listed some good altcoins and they're good to make research on and invest in the ones we find very attractive and have alot of potential. I don't like old and popular altcoins, they can't make us alot of profits unless they're getting over hyped during the bull market.

As Bitcoin is getting more investors due to its ETF approval, more money will be flowing onto altcoin as investors are seeing profit from Bitcoin. The approval of Bitcoin ETF will benefit both Bitcoin and altcoins. The bull market coming won't only benefit Bitcoin but all cryptocurrency therefore now is the perfect time to research on some good altcoins and buy them so we can make a lot of profits during the bull market.

The market doesn't go as planned, we're not the ones that will direct the market on what to do but rather, we exist in the space to sketch out the good entries on these projects, they're numerous but examine one and invest on the project, atleast one will make good money. The space is so broad, we have years to learn about the market and it won't be enough because learning never stops and the new projects coming in are worth trying. Giving advice to people and when the project's you directed them to invest on doesn't come out in long bullish candles, they tend to channel their complaints to you knowing fully well you have no idea regarding the system.

Ethereum is the next target since bitcoin is the pioneer or the father, ethereum will stand a chance of being the next target. Because as bitcoin is rising that's how its rising alongside with Eth and other altcoins but ethereum and bnb are the most likely coin to be the next in line for a massive push.

Solana is overpriced right now or it doesn't have much space to grow anymore. It already made 10X from its ATL i think. ETH is still a good and safe pick but BNB is losing ground to Ethereum's other layer 2 project on the market. Doge is good until elon makes something with it. We are not sure he will do something with doge or not as he recently mentioned that he has no problem using bitcoin on twitter for payments. If he has any plan for doge he should have mentioned that as well.

the best altcoin to buy EThereum and BNB
another 2 altcoin above
SOL, AVAX, DOGE, MATIC
and all the altcoins I wrote are still in the top 10 ten big markets on coinmarketcap. so it's certainly safer.

Remember that you shouldn't be giving investment advice to people, they can see the events as they happen, so they should do their own research and decide if they want to invest and the coins they want to buy. Bitcoin spot ETF's have been approved in the United States, but who can predict what will happen in the market in the long run. Altcoins are not long term projects, so buying them early might not be a good decision, people usually wait to see the direction of the market before buying alts and i think that strategy is a good one.

You mentioned some good names but I won't recommend dogecoins because that's a memecoin and they have literally no future as they offer no use case. In past these meme coins were more relevant because coins like Tron didn't exist and people used to transact using doges as it was cheap and quick but that's no longer the case. And even their price is only determined by hype or Elon Musk's tweets.

Solana is a good option and so are Eth and BNB. I also like LTC because it's irreversible (I read somewhere that you cannot reverse LTC transactions) and the price is pretty low for such an old-school coin.

Always bitcoin bull run along with bull market of all altcoins is seen but at this moment the price of bitcoin is very high so those with less amount of money can buy some altcoins if they want to get good profit from future bull market. Actually every investor comes best from his investment but buying wrong token and investing at wrong time they can't reach profitable market. In my opinion if you are new then always try to buy very high level tokens.