Recommend me altcoin to DCA till halving - page 4.

Natalim

hero member

Activity: 3094

Merit: 606

BTC to the MOON in 2019

Quote from: barhavsky on June 26, 2023, 04:15:32 PM

Quote from: uchegod-21 on April 15, 2023, 06:53:45 PM

I am aware that DCA is better in a coin you know will last somehow long depending on how long you have to DCA.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

you can do DCA EDU, ARB or SUI, because I believe EDU, ARB and SUI are new projects that have a great opportunity for the price to increase very high especially if the market is having a bull run, then I believe EDU, ARB and SUI can give you a big profits, then from that I recommend you to DCA EDU, ARB or SUI and hold it for the long term.

Honestly, investing in new projects is quite too risky for long-term investment. Of course, they look promising but the question is how these projects survive if they don't have a use case to keep their client stay? They will just throw them when bullish comes or after the hype, and the developer will just then leave when seeing it declines. They might be good for the short-term but not for long-term investment. But even though it looks promising, still won't give interest in buying. They get known for their airdrops but just look at their current status, they are declining badly, and that shows something.

barhavsky

full member

Activity: 798

Merit: 100

👉bit.ly/3QXp3oh | 🔥 Ultimate Launc

Quote from: uchegod-21 on April 15, 2023, 06:53:45 PM

I am aware that DCA is better in a coin you know will last somehow long depending on how long you have to DCA.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

you can do DCA EDU, ARB or SUI, because I believe EDU, ARB and SUI are new projects that have a great opportunity for the price to increase very high especially if the market is having a bull run, then I believe EDU, ARB and SUI can give you a big profits, then from that I recommend you to DCA EDU, ARB or SUI and hold it for the long term.

bangjoe

hero member

Activity: 1400

Merit: 674

Quote from: Silberman on June 22, 2023, 11:09:32 PM

Quote from: JeffBrad12 on June 21, 2023, 07:00:23 PM

Quote from: kevinzxz on June 21, 2023, 05:28:13 PM

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.

i think you should also observe the fact that some coin might have so much total supply despite its pricing which is kinda low.
this is the case with matic, although it might seems really cheap but overall they have too much of a supply that I think rising its value will be quite hard. not to mention even at the current pricing they have already
reached among highest ranked cryptocurrencies.
I think if it's for accumulating coin like matic better wait until there is massive cut in prices honestly.

This is a very common mistake that newbies make, they only take a look at the price of each coin and this leads them to believe coins like dogecoin or shiba inu can still massively pump and obtain a fortune with them, however when you take a look at their supply and their market cap then you can easily see those coins do not have nowhere near the potential they thought they had, and an investment in one of those coins most likely will result in a loss for the trader.

Of course if you see in terms of price is a very fatal action, which makes yourself hoping that the coin returns to its ATH, the current price if seen from each ATH is indeed cheap, but is there the potential to return the price of ATH back? It depends on how developers shake their marketing and increase their development.

Talking about matic, I think that even though they have a lot of supply, it is likely that Matic will return to its ATH in Altseason later, if seen from ecosystems, communities and networks are indeed quite in demand in several sectors.
But this depends on the view, each dyor, I have also bought some matic for Halving Bitcoin later.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: JeffBrad12 on June 21, 2023, 07:00:23 PM

Quote from: kevinzxz on June 21, 2023, 05:28:13 PM

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.

i think you should also observe the fact that some coin might have so much total supply despite its pricing which is kinda low.
this is the case with matic, although it might seems really cheap but overall they have too much of a supply that I think rising its value will be quite hard. not to mention even at the current pricing they have already
reached among highest ranked cryptocurrencies.
I think if it's for accumulating coin like matic better wait until there is massive cut in prices honestly.

This is a very common mistake that newbies make, they only take a look at the price of each coin and this leads them to believe coins like dogecoin or shiba inu can still massively pump and obtain a fortune with them, however when you take a look at their supply and their market cap then you can easily see those coins do not have nowhere near the potential they thought they had, and an investment in one of those coins most likely will result in a loss for the trader.

JeffBrad12

hero member

Activity: 2996

Merit: 536

Leading Crypto Sports Betting & Casino Platform

Quote from: kevinzxz on June 21, 2023, 05:28:13 PM

Quote from: uchegod-21 on April 15, 2023, 06:53:45 PM

I am aware that DCA is better in a coin you know will last somehow long depending on how long you have to DCA.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.

i think you should also observe the fact that some coin might have so much total supply despite its pricing which is kinda low.
this is the case with matic, although it might seems really cheap but overall they have too much of a supply that I think rising its value will be quite hard. not to mention even at the current pricing they have already
reached among highest ranked cryptocurrencies.
I think if it's for accumulating coin like matic better wait until there is massive cut in prices honestly.

kevinzxz

full member

Activity: 1470

Merit: 105

👉bit.ly/3QXp3oh |🔥Launchpad on TON

Quote from: uchegod-21 on April 15, 2023, 06:53:45 PM

I am aware that DCA is better in a coin you know will last somehow long depending on how long you have to DCA.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: kapalmabur on June 17, 2023, 04:36:48 AM

Altcoins that have the potential to follow the bullish trend are of course altcoins that do have strong fundamentals,
the most important thing is the activity of the project in all aspects, that is in product development or their social media activity.
if the altcoin project fulfills these aspects then 90% of the altcoin can be bullish after the halving.
and my recommendations are on Sand, Mana and FET.

During a bullish market bubbles appear, and this means there is a severe misallocation of resources by investors, and we can easily see this during the bull run, at the early stages bitcoin monopolizes most of the investments and its dominance goes up, then strong altcoins follow as investors try to increase the profits even further, and near the end of the bull run even shitcoins go up in value as speculators take over and invest their money into anything they believe can make them money, and only once the realize the madness of their actions that is when the crash comes, so make no mistake, absolute shitcoins can present massive profits during a short amount of time, even if their fundamentals are terrible.

Xal0lex

staff

Activity: 2436

Merit: 2347

Quote from: kapalmabur on June 17, 2023, 04:36:48 AM

Altcoins that have the potential to follow the bullish trend are of course altcoins that do have strong fundamentals,
the most important thing is the activity of the project in all aspects, that is in product development or their social media activity.
if the altcoin project fulfills these aspects then 90% of the altcoin can be bullish after the halving.
and my recommendations are on Sand, Mana and FET.

I don't agree with that. Fundamentals are exactly what an altcoin needs to keep its value as high as altcoins without fundamentals and utilitarian properties. This is what helps altcoins last and have value over the years. During the bull run, everything grows, regardless of whether the altcoin has good fundamentals and utility or not.

kapalmabur

sr. member

Activity: 2002

Merit: 250

Altcoins that have the potential to follow the bullish trend are of course altcoins that do have strong fundamentals,
the most important thing is the activity of the project in all aspects, that is in product development or their social media activity.
if the altcoin project fulfills these aspects then 90% of the altcoin can be bullish after the halving.
and my recommendations are on Sand, Mana and FET.

doomloop

hero member

Activity: 2408

Merit: 584

Quote from: FrozenBit on June 15, 2023, 11:05:59 PM

With DCA strategy, choosing the right coin to invest is very important. You can search for coins that have technological potential and are appreciated by the community. Some altcoin options can be ETH, XRP, BNB, ADA, DOT, ARB, SUI... depending on the level of research and evaluation of each person, we can decide to put our trust in them.
Besides, pay attention to the fact that the value of cryptocurrencies can fluctuate greatly in a day or a month, so you should make investment decisions based on long-term goals.

Well, the altcoins that you mentioned are all good and have the potential for growth if they are bought and kept for the long term, I personally think one shouldn't invest a lot of money in altcoins apart from ETH because that is the most trusted altcoins out there and the chances of things going wrong with it are very minimal, so it's better if someone invests a bigger chunk of their capital in ETH after Bitcoin and only buy other coins with small amounts to avoid taking too much risk.

And, with the case from SEC and everything going on with Binance, I wouldn't recommend buying BNB at this moment until things settle down and Binance comes out clean from all the accusations and stuff because BNB can move unpredictably for anything that might happen.

Silberman

legendary

Activity: 2716

Merit: 1383

Quote from: FrozenBit on June 15, 2023, 11:05:59 PM

With DCA strategy, choosing the right coin to invest is very important. You can search for coins that have technological potential and are appreciated by the community. Some altcoin options can be ETH, XRP, BNB, ADA, DOT, ARB, SUI... depending on the level of research and evaluation of each person, we can decide to put our trust in them.
Besides, pay attention to the fact that the value of cryptocurrencies can fluctuate greatly in a day or a month, so you should make investment decisions based on long-term goals.

While some of those coins have been around for a long time I will confess that the only coin I will feel comfortable enough to perform a DCA strategy will be ethereum, it is not like the rest are bad coins or should not be bought at all, but personally I do not think they are as solid as ethereum, and as such those coins should only be traded, while a long term investing strategy seems like a strategy that is too risky, especially when the market is as unstable as it is right now.

FrozenBit

full member

Activity: 658

Merit: 102

PredX - AI-Powered Prediction Market

With DCA strategy, choosing the right coin to invest is very important. You can search for coins that have technological potential and are appreciated by the community. Some altcoin options can be ETH, XRP, BNB, ADA, DOT, ARB, SUI... depending on the level of research and evaluation of each person, we can decide to put our trust in them.
Besides, pay attention to the fact that the value of cryptocurrencies can fluctuate greatly in a day or a month, so you should make investment decisions based on long-term goals.

abel1337

legendary

Activity: 2492

Merit: 1145

Enterapp Pre-Sale Live - bit.ly/3UrMCWI

I saw this thread before and read some post on what are their own shills to DCA and I noticed some of the tokens that are shilled and I'm actually doing a DCA with that coin right now. Probably hold out on doing DCA till I can because I believe on that token and I don't want to sell at loss. Let's all wait for the bull market and just chill out on this kind of market scenario. But yeah still doing DCA on bitcoin, never been scared on buying bitcoin lol.

naikturun

sr. member

Activity: 1190

Merit: 267

Undeads.com - P2E Runner Game

Quote from: cryptoaddictchie on April 16, 2023, 05:18:59 AM

Quote from: uchegod-21 on April 15, 2023, 06:53:45 PM

I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

First tryout some altcoins that are useful for you. In that sense you knocked out some that might interest you when bull run arrived. If you are a risky guy then go for low cap altcoins that are indeed have potential based on your research or experience. If you are aiming for multiplier than check the low cap mid altcoins. No risk no gain. But if you want a safe one then go for doing bitcoin or eth dca. These two are the safest and might have unfold secure earnings but not same with a risky altcoins that could give you 100x to 500x.

different coins have different risks and different profits generated, coins with a low level of risk tend to provide less profit.
but coins with high risk will provide high profits, it's just a choice of people who want to invest in what type of coin and what type of risk.

Vinaa77

sr. member

Activity: 1344

Merit: 311

Quote from: lalabotax on May 07, 2023, 03:44:56 PM

Why should altcoins?
Well, it's riskier than Bitcoin. But if you are aware of the risk, I personally would prefer top altcoins such as ETH, BNB, and also Matic.

Yes, some investors, if they want to invest in Altcoins, of course, the realm they choose is some of the top Altcoins such as Ethereum and also BnB, besides making their main investment in Bitcoin, sometimes some of them do it in Altcoins, indeed the risk is greater than bitcoin, and so far doing DCA here, I don't think anything has been too fatal.

shinratensei_

legendary

Activity: 3276

Merit: 1029

Leading Crypto Sports Betting & Casino Platform

Quote from: terciduk123 on May 23, 2023, 12:02:59 PM

Arbitrum (ARB) and Optimism (OP) are two altcoins under $100 USD that I believe are worth keeping as investments. Both are tokens with a large user base and a strong ecosystem. When the bull market arrives, the price of both tokens will rise rapidly in tandem with the price of Bitcoin. We can apply the DCA strategy to buy both tokens when the price is dropping.

indeed these second layer solution seemd to be really promising honestly.
the fact that they could get all that valuation and tremendous market capitalisation within short amount of time speaks volume in regard of what these second layer solution are actually capable of.
but the thing is, I think some of them are actually already having quite high value, though it's not really high but considering the fact that both of them have massive airdrops should be of concern.
after all, if the demand isn't increasing, the token might leaning towards losing its value overtime. moreover, i'd say investing in newer second layer solution might results in better yield, but we still don't know if the second layer solution trend is still there honestly.

asyakashi

sr. member

Activity: 1918

Merit: 256

Just.bet - Decentralized On-chain Casino

i can't confirm that. Coins under $100 or cheap usually have slow price growth. especially now is a fast trend. if it's a cheap coin to stick around to the next bull run I think it's worth playing at #10 coinmarketcap . there surely we are at least sure for the future that we invest. but I have one coin that you can try. try to learn OGN coin . I think OGN is good enough for the long term.

terciduk123

sr. member

Activity: 1176

Merit: 252

Arbitrum (ARB) and Optimism (OP) are two altcoins under $100 USD that I believe are worth keeping as investments. Both are tokens with a large user base and a strong ecosystem. When the bull market arrives, the price of both tokens will rise rapidly in tandem with the price of Bitcoin. We can apply the DCA strategy to buy both tokens when the price is dropping.

siniminomorocomunisakito

member

Activity: 420

Merit: 34

Responding to questions regarding altcoin recommendations for Dollar Cost Averaging (DCA) to halving events, Yes. there are great benefits to DCA as a strategy, especially when applied to coins with perceived longevity, aligned with the duration of your intended DCA period. Considering your preference for altcoins ready to benefit from an anticipated bull run ahead of a halving event, it is important to choose assets with growth potential while also being aware of potential challenges before a bull run to mitigate potential risks. and for determining the "best" altcoin in my opinion it is still subjective and varies based on individual risk tolerance, investment objectives and market conditions.

jostorres

hero member

Activity: 2576

Merit: 586

Quote from: JeffBrad12 on May 22, 2023, 06:00:39 PM

first thing first, are you really sure that the halving will do some significant increase in your altcoin that you gonna invest or even cryptocurrency in general?
because that should be the first question you ask yourself, mainly because there has been quite a few halving events that do so little to the value.
but if it's DCA until halving which is basically long term ones, i'd say some layer 2 like many have recommended are quite good enough, but you still can wait something like zksync other than the already existing coin which is good enough but it seems like they've drained of their potential already hardly climbing up, ARB and SUI seems like not that good investment choice, maybe you should pick other layer 2 that gonna come in the future.

Why shouldn't he go for a layer-1? That too an old one? I'm referring to Ethereum, it might be an old one but it is still one of the most promising and profitable altcoins out there. One can get better results by doing DCA with ETH than any other newly released altcoins, and even if they don't get too high in profits, they will at least know that their investment is safe if it's in ETH.

We all know that a lot of altcoins can't survive in the long run and even if they survive, they won't have the same value over time and will either get devalued or become too stable to generate any profit for their investors.

Topic: Recommend me altcoin to DCA till halving - page 4. (Read 1113 times)