Topic: What are my chances of a 5X? (Read 182 times)

Crypto prices have fallen heavily in the past few months. In my view that's a healthy correction and a time to add. It's not a case of FOMO it's a case of diamond hands at the moment! lol Unless of course you think the bull market is over?
This market has plenty of legs on the upside, specially for alt coins from these levels. We might go lower first of course then more opportunities to buy more. Let's see what happens in November/December, might not happen until the new year but many expect the market to move higher then. My opinion of course.
Also for the record, I wasn't expecting 5x, was asking if people think it was possible. Always try to keep my ear to the ground using many sources. 

This should have been a question back then when we were at a full bear market. You don't wait for the market to first go up, and then you start thinking about 5x, 10x coins unless if you are fully into that memecoin casino market which is hyped up right now. Chances are so low you can achieve this but back then, it could have been very easy.

For example, most of the coins you have listed would have already gone past 5x or even almost doing that. Take a look at how Solana rose in price.
My point is, stop FOMO when it's a little late and expect 5x or 10x. You will just end up hold bags for another bear market.

Wonderful choice Maybe someday you will try them out as well.
Risks correspond to the profits. It's an interesting alternative if the funds for it are ready to be spent.
Responsibly using alts in the long run is quite gud

Thanks. I waited 24hrs to receive many responses before replying.

I was asked about BTC. As I'm aiming for 5x, I'm not sure BTC can achieve this. As that would take it to a price of circa $300,000 a coin. Alright, we do have the ETfs now but I still think that's ambitious in the near term.
It's possible I could improve my chances by trading/timing the market but that's difficult and posses risk too. I think we're in for another downturn before going up again-but what if we don't and I find myself out of the market in the upturn? My strategy is buy and to hold. I want to be diversified, helps to reduce risk but then downside is reduced returns of course. It's balance between risk and reward.

As for the coins I have, I get it, some are larger cap and therefore harder to move and make the big gains. The issue for me, I believe, is not only the Market cap but being in the right narrative when the market takes off. Perhaps ICP, FTX, GRT and LINK will not be in vogue come the bull market but all are solid projects. LINK especially has great potential and probably one I would pick up again in the next bear market. Solid projects won't guarantee a 5x of course.
If my coins only have potential for 2 or 3x I might as well switch the majority to BTC. I think that's doable for bitcoin going forward and would be far less risky!
I have been considering switching some to SUI, RENDER, RUNE or TAO  for example but that might just be tinkering. I could move into one or two of those and add a bit more to ONDO and BEAM.
I'm not looking for 10 or 100x (but wouldn't say no! 😉) I think if and when the bull market arrives it will be led by bitcoin then the focus will shift to the alts for the final phase. This has been the pattern before. As long as I'm in the right narrative (I like RWA and Gaming as well) and I'm in solid projects solid projects I think I could possibly see 4 or 5x from these levels. Maybe not all but then one or two out performers could drive up my over all return.
Moving outside the top 100 is a crapshoot in my opinion and I certainly wouldn't overweight there. Same with meme coins, I don't touch them. That's not investing. Might as well put it all on red at the casino!

Good luck to everyone 😉

I agree with the last statement. More analysis is needed to keep that goal in reach
What do you mean about the rumors with the Beam?

From your lists, I have NEAR, FTM, GRT, LINK, and BEAM. Although I am not sure those altcoin I have can increase, but in the altcoin season will gives a big jump for many altcoin so I hopes that those altcoin can have the chance to jump following with the other altcoins.

But I have more altcoins in my wallet and most of them are the rest of altcoins that I am not sell in the last altcoin season. I want to add more amount of the altcoin but I still not decides because the market seems want to go down for more. Maybe I will wait until Bitcoin price settle in a low level of the price and will pick one or more altcoins in my portfolio. I will also add more amount if I think that my altcoins list have a chance to increase.

I heard there are rumor about beam unlock so I think this coin is not that great investment.

Near protocol is currently having some marketing stunt going on in their twitter and I don't think the marketing is a success, many people hate the coin instead because of that.

based on your portfolio, I think if you bought the coin at the dips, stacks is gonna be the one that perform well, their ecosystem is growing and whenever BTC recovers, stack also recover back so hard. but I don't think it will do 5x.

if you truly want to find 5x you need to find underrated gems.

I am not a Bitcoin maximalist but all the asset I have in digital currency is mostly in Bitcoin. It has been up to a year now and I have not explore the altcoin market, I'm not ready for altcoins now but there are definitely some tokens that can generate profit for investors, but it only takes luck to know the right one.

When you say 5x do you mean 5x the value in fiat or will it get you 5x the value back in bitcoin or eth
  What I mean by that is if bitcoin goes up 10x, does getting those coins to 5x value really mean it was successful?  What you should focus on is having your alts oitpace bitcoin.  Otherwise the smart play is just keep it in bitcoin which on top of price is much safer than owning any of those coins.

So 100% of your portfolio is in altcoins? I know this is your choice, but I think it's a little risky if all assets are in all altcoins, don't you choose bitcoin? Or it has a separate portfolio?

Ok no problem.
I know when the bull comes then altcoins will increase faster but it is not certain which one will increase more than 10x, this also depends on the increase in bitcoin because if the market is pushed up then altcoins will follow in its footsteps, but I myself am not brave enough on altcoins so much.

Yep, I would make BTC the bigger fracture of my portfolio, 60 to 40 would be my pick for mine What about you?

Well, I think it's possible that you can get 5X  APY on your portfolio if about 80% - 90% of those coin perform very well during the bull market, but we can not know for sure which token or coin will give the most profit during the bull run. Making a huge sum of profit from alt coin is based on  luck because you don't know the one that can do 100x and more. From your list, am only a bit familiar with Fantom, chainlink, and Near protocol and I feel ( not certain) that they might do well during the bull Run. If you have more capital, don't forget to also bag some fraction of Bitcoin.

It's a one-way ticket, you are right And lots of time will be needed to change the situation that will be concretized in the near future.

In the last bull run, many coins have increased 10 to 25 times. If bitcoin will increase next, even to $100000, do not expect most altcoins (including the meme coins) to increase like before. Maybe they can still go 5x I do not know. But the reason I posted this is to let you know that you should be careful because as you see the coins increased 10 to 25 times, so you will see most of them decreased 10 to 25 times if not more. Be careful of bull trap.

Also know that many of the coins have gotten to their all-time high already in a way they may not get to the all-time high again till some decades or forever from this time.

2 to 3 x's, I would say, but no more Too big of caps for a big push.

ICP has caught my eye before but when I was it dumped a lot, it's kind of hard to believe that it will be back from its peak. You're so diversified OP that you have forgotten to include any amount of BTC in there. Getting a 5x with that diversified portfolio IMHO is going to be of low chance.
But who knows? I don't have a crystal ball but based on the market sentiment, the older projects will be probably moving from 2x-20x. BTC is said not going to be that much and could go 3x-5x. I think consolidate first your portfolio and have some focused holding.

Your portfolio based on their ranking:
Internet Computer (ICP) Rank: 23, Near Protocol (NEAR) Rank: 20, Stacks (STX) Rank: 33, Fantom (FTM) Rank: 58, The Graph (GRT) Rank: 52, Ondo (ONDO) Rank: 70, Immutable (IMX) Rank: 38, Chainlink (LINK) Rank: 14, Beam (BEAM) Rank: 1212, Velodrome Finance (VELO) Rank: 473.

If we look at the portfolio, it seems difficult to get x5 from your investment, because the majority are filled with projects with large MC, there are only 2 projects that have small MC (Beam and Velodrome Finance). You can only hope for those 2 projects, when the project is noticed by the crypto public and has a higher MC, it will be easy for you to get your x5.

Hi, I'm getting prepared for the bull run, if and when it arrives.
I've put together an altcoin portfolio and I'm hoping for a 5x from here. I don't use leverage.
Of course everyone has their favourites but would be interested in the opinions of those who've been through bull markets before and with knowledge of Altcoins.

Allocation
Internet Computer 13.99%
Near Protocol 12.99%
Stacks 12.98%
Fantom 11.19%
The Graph 10.66%
Ondo 10.17%
immutableX 9.10%
Chainlink 7.52%
Beam 6.15%
Velodrome Finance 5.21%

Cheers