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.
Topic: Recommend me altcoin to DCA till halving - page 5. (Read 1075 times)
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From the list on the market now, I suggest you check ADA, MATIC, XRP, DOGE, TRON, SHIBA, HBAR, CR0. Maybe there are more altcoins you can check but I warn you that you should be careful because DCA is only for BTC (at least, for me). That is because when BTC price is down, many altcoins will follow to go down and we never know how deep the price will go down. Some of the altcoins can directly drop too deep, while the other is not drops too much. And that is why choosing any altcoins you want to buy with the DCA method is difficult.
LTC seems like it gets as good as any and BNB seems like a good idea as well. I know that those two are already high enough, but they had some troubles in the past that wasn't due to them but that wasn't their issue. Now that we are going into bull run, everything will pass and they will go up.
Litecoin looks good and its halving is about 2 months and a half.https://www.nicehash.com/countdown/ltc-halving-2023-08-06-11-00
Litecoin is one of oldest altcoins and it is a Proof of Work coin so it has less risk than smart contract tokens too. In 2019 halving, Litecoin rose a lot with halving effects and hopefully it won't be different in 2023 halving.
If Litecoin only rise to nearly its all time high with 2023 halving, it is so good for your 2 or 3 months holding already. When Bitcoin is stable again after its correction, Litecoin is very good altcoin to hold.
Even then investing on Alt coin is more High Risky but if investment on right places then here also can possible to gain some good profit. But I will suggest in this case only for go to the top pairs of Alt coins because here you may have some more security for your fund and that's more important. In this case I think It will be wise to choose Ethereum, BNB , Litecoin, Solana, Polygon Matic because these coins are performing well and for the long-term investment these can also be helpfull to gain profit after bitcoin
LTC seems like it gets as good as any and BNB seems like a good idea as well. I know that those two are already high enough, but they had some troubles in the past that wasn't due to them but that wasn't their issue. Now that we are going into bull run, everything will pass and they will go up.
I mean they will go beyond their ATH and they are quite far enough that even reaching above ATH is good enough return, but after that it will continue to go up like other coins as well. So I highly suggest these two coins, they are old enough, liked enough, high ranked enough and they have a good reason to be bought in order to make even bigger profit than holding any of the other top ranked coins as well, should be a good decision if you ask me.
There was a thread here lately which talks about the potential of LTC and as usual, many people are still optimistic about the coin so I also recommend this one. There is no need to complicate things about BNB. Everybody knows their standings in the market, so this is one of the investors' choice other than LTC.I mean they will go beyond their ATH and they are quite far enough that even reaching above ATH is good enough return, but after that it will continue to go up like other coins as well. So I highly suggest these two coins, they are old enough, liked enough, high ranked enough and they have a good reason to be bought in order to make even bigger profit than holding any of the other top ranked coins as well, should be a good decision if you ask me.
If we can add one more slot, that will be ETH for sure. Not that I mentioned it last, it does mean it's now the weakest but ETH rank is actually higher than the two. All coins struggles not just them. The issue not with them but it's about the market. Expected returns will still depend on how low we buy because if you buy at the top then the return you will get is only minimal even if the coin reached another ATH.
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.
Why should altcoins?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.
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. Even though I'm not 100% sure that this will be safe, at least I chose the top altcoins. However, in terms of numbers, money management is important. for me, altcoin investment should be just a little, less is better than doing DCA on Bitcoin. So, try and be prepared with various risks.
During the current bear market, many altcoins are at their support level when viewed from the big timeframe. Maybe making a selection for a few coins as a means of investment before entering a crypto bull run is the right choice. In my opinion, the coins that should be chosen are BNB, ETH, DOT, ALGO, CHZ, SOL, MATIC, AVAX, LTC. Especially LTC. We can underline that LTC in August 2023 have a halving. And the previous history after the LTC halving experienced a price increase.
https://www.litecoinhalving.com/
https://www.litecoinhalving.com/
LTC seems like it gets as good as any and BNB seems like a good idea as well. I know that those two are already high enough, but they had some troubles in the past that wasn't due to them but that wasn't their issue. Now that we are going into bull run, everything will pass and they will go up.
I mean they will go beyond their ATH and they are quite far enough that even reaching above ATH is good enough return, but after that it will continue to go up like other coins as well. So I highly suggest these two coins, they are old enough, liked enough, high ranked enough and they have a good reason to be bought in order to make even bigger profit than holding any of the other top ranked coins as well, should be a good decision if you ask me.
I mean they will go beyond their ATH and they are quite far enough that even reaching above ATH is good enough return, but after that it will continue to go up like other coins as well. So I highly suggest these two coins, they are old enough, liked enough, high ranked enough and they have a good reason to be bought in order to make even bigger profit than holding any of the other top ranked coins as well, should be a good decision if you ask me.
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.
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 shoudknt focus on coin price what it sounds like is that you are looking for a coin with a low market cap. Coin price doesn't matter much where cap does. In any case you might want to look into matic/polygon. It's a great project that has just continued to grow even during this most recent bear market. It sits around $1 right now could see it double/triple in the next bull run.
I'm actually doing DCA but it's on bitcoin. I have trust on bitcoin that's why I'm doing a DCA technique in it. Maybe it is effective on top altcoins or the altcoins that you know that has a good potential to rise it's value in the future. I personally plan to do DCA even after bitcoin halving since I believe that even halving is done, Prices wouldn't really sky rocket that much or it can even go down. I would probably stop doing DCA when I think we are nearing the bull market phase. Just pick the altcoin you prefer and you have a trust on. Don't you ever step on sh*tcoins or those meme coins in the market, That way you can still possibly earn profits on the investment you are doing.
Yea, I have avoidance of meme coins. I do not trust the potential of meme coins, their success largely depends on hypes on social media.The only meme coin that has a fluctuating potential is the dodge coin just because of Elon and his drama tricks.
I have my eyes on the altcoins, if I don't see any good one, I'll focus on Bitcoin.
How about TWT, does it have good potentials.?
I'm actually doing DCA but it's on bitcoin. I have trust on bitcoin that's why I'm doing a DCA technique in it. Maybe it is effective on top altcoins or the altcoins that you know that has a good potential to rise it's value in the future. I personally plan to do DCA even after bitcoin halving since I believe that even halving is done, Prices wouldn't really sky rocket that much or it can even go down. I would probably stop doing DCA when I think we are nearing the bull market phase. Just pick the altcoin you prefer and you have a trust on. Don't you ever step on sh*tcoins or those meme coins in the market, That way you can still possibly earn profits on the investment you are doing.
Just be aware that lots of people shilling you an altcoin’s here are doing it because they own the coin. There will be a level of bias from most people who recommend you coins or tokens to buy.
Make sure you do your own research, extensive research if possible before you start buying any type of altcoin. There is big money to be made in alts, if you do your research & get lucky you can make life changing money.
Make sure you do your own research, extensive research if possible before you start buying any type of altcoin. There is big money to be made in alts, if you do your research & get lucky you can make life changing money.
Which altcoin can you recommend for me to start DCAing till halving when the bull run is expected.
Among the many major altcoins, I recommend you to have a look at Aptos (APT) and also Oasis Network (ROSE), both of these projects are L-1 projects that have good fundamentals for the security of your investment. Apart from the fundamentals, the communities of these two projects are also quite active, so if you find a problem or anything you want to ask about the project, you can join their active discussion.
* I don't recommend you to buy, but look first or do some research before you really want to buy.
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.
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.
I would say Cardano, Render token.
If comparing ADA and ETH, I lean more towards ETH. ADA has not made any significant breakthrough since they launched the token on their project. Meanwhile, ETH has many improvements and upgrades in terms of technology and consensus.
If you ask which Altcoin is good for DCA and long term investment, Of course ETH is a good altcoin choice.
Maybe all this time the Bitcoin price pumping has not been so significant that the price continues to soar, and this is still only a third of a year away, there are a few more months to go and will this hit the target, although $60k is a pretty high target and it is difficult to predict given that right now the market is also undergoing a correction, although there are several months left and we will see how far the pumping will go.
If I'm not mistaken there are factors to clear out like having to choose an altcoin with a strong development team and a clear project vision, current market trends, future growth potential as well as considering your own risk tolerance and investment goals As you mentioned if You are looking for an altcoin under $100 with huge profit potential if the investment is successful. For some altcoins you can consider DCA up to half including Cardano (ADA), Polkadot (DOT), and Solana (SOL). Why This altcoin has a strong development team, a clear vision, and has shown growth potential in the past.
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.
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.
Questions like that are always dangerous in my opinion because there is always the possibility that people are just shilling you their shitcoins now. I always say, that a bear market is a good opportunity to invest into big and already established projects, that are usually to expensive already to invest in. I personally invested a bit into Cosmos and NEAR in the last few weeks and i plan to hold those projects for at least a few years. In my opinion both of those projects are already pretty big and i don't think that they will disappear even if we are having a few more years of bear market ahead, but of course other people could have different opinions about that.
If you ask which Altcoin is good for DCA and long term investment, Of course ETH is a good altcoin choice. However you have criteria for altcoins under $100 you can look at top coins like XRP, ADA, DOGE, MATIC, TRX, SHIB. you can choose some of these coins, but still do your research whether the project can develop properly. For the recommendations that I put forward, it's better to buy bitcoin with DCA in stages, it will provide better profits when the accumulated price shows profits during a bullish market.
Thanks everyone for your recommendations, I really appreciate. Some of the advices I met here are actually what I know and do advice newbies. It is just that I want to take the risk(otherwise saying I want to gamble) and see if I can have financial freedom this coming bull run period. I will still look at the advices given and more especially do my own research before I'll conclude on what to do with my funds before the bull run investment will start.
I'm not sure if DCA is the best way, but I don't support it, especially with a relatively small capital, of course it's a big risk when the market falls again. Would you be willing to make DCA results messy because you chose the wrong altcoin?
I know you want to bet in altcoins but I don't dare to do that, DCA is enough on bitcoin or assets that have more potential in the future while for altcoins it is still very gray whether altcoins will go up or will they be discarded, remember what happened to Terra and FTX.
I know you want to bet in altcoins but I don't dare to do that, DCA is enough on bitcoin or assets that have more potential in the future while for altcoins it is still very gray whether altcoins will go up or will they be discarded, remember what happened to Terra and FTX.
If you ask which Altcoin is good for DCA and long term investment, Of course ETH is a good altcoin choice. However you have criteria for altcoins under $100 you can look at top coins like XRP, ADA, DOGE, MATIC, TRX, SHIB. you can choose some of these coins, but still do your research whether the project can develop properly. For the recommendations that I put forward, it's better to buy bitcoin with DCA in stages, it will provide better profits when the accumulated price shows profits during a bullish market.
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