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Many are saying this is the next big exchange.
I have a small investment currently as feel it is worth a punt at current prices , market cap is only £49m so plenty of room to grow if it does do well.
If it was to 20x in price it would still be less than a billion market cap, BNB market cap is currently £40 billion!
Anyone else invested? Be interesting to hear thoughts on this.
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I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.
I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
When Bitcoin pump and skyrocket soon everything will follow together with altcoins. No one knows the exact date or time when it will happen but it is going to happen because the market is a cycle and the money flows. In my experience as a trader, the best thing to do is always to buy a massive percentage of bitcoin on your portfolio higher than the percentage compared to altcoins. Bitcoin is always the top cryptocurrency and it is the best investment compared to other altcoin just because of its structure and halving stuff, in the long run bitcoin will become rare and with the law of supply and demand you could expect that the market price of bitcoin will skyrocket soon. And the best thing to do is to take this chance while the market prices are still low. We don't need to wait for other days or wait for another dump but rather make a decision to sell unprofitable altcoins into Bitcoin. Halving is just coming and we all know that prices went high eventually when it comes closer (as expected). So before it happens, better make our portfolio ready then and only stuck/hold potential coins, not these shitcoins. We never look for luck just like it happens before when shitcoins surprisingly go high, we don't have any assurance that it will be going to happen again. If it were me, I would decide like you, I would convert shitcoins to bitcoins now for a chance to recover my losses or make a profit when the market recovers. Because when the bull market comes, surely bitcoin will rise, but with shitcoin, not all shitcoins recover and rise like bitcoin. It's too risky to hold shitcoins and expect them to recover, as we've seen after every bear cycle, shitcoins are often replaced with new projects. Investing in shitcoins is like gambling, not as guaranteed as bitcoin. Not all altcoins are shitcoins. A few that I hold may go to zero but as long as one pumps and does a 10x then I will be fine. |
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My question to you is, what makes you so sure that the altcoins you invest in will recover in the next bull season? I mean, investing in altcoins is very risky, and there will be a lot of altcoins that never recover, and you lose forever, that's the difference between investing in bitcoin and shitcoin. What you need to do is check if those altcoins are still active, and clean your portfolio from now on. Because if your portfolio is full of shitcoins, you should also forget about them and build a bitcoin portfolio from now on.
My portfolio is not full of shitcoins - the majorority are in the current top 40 and I know they could go lower and even go to zero but most won't and I will at least see 2X which is when I plan on putting some profits into Bitcoin. |
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Anyone know much above VAIOT? It pumped over 30x in January and thinking about investing a small amount incase it does do well next bull run.
The current market cap is only 17 million so it is a very small micro cap but if it does do well it has a lot of room to grow.
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I currently use Coingecko and it is not bad but their 'total cost' is incorrect.
For example , I buy £100 of a crypto at £1 and then sell it all when it reaches £2 - it says £100 profit which is correct but it then says total cost is £100 but it should be £0 as I have nothing left in the investment.
This is just an easy example, it is confusing when I have multiple transactions in an investment - the profit / loss is correct but the total cost is wrong and that is big deal for me as I like to know exactly how much I have in an investment after all my buying and selling.
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Does anyone pay for an app to track their portfolio? I have tried 3 different free apps now and not really a fan of any of them. I am happy to pay for a tracker but want it to be worth it - thinking of going for the number 1 pick on the list below, it is £11 per month which is fine with me as long as it does everything I want it too. https://geekflare.com/best-crypto-portfolio-trackers/ |
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What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more? 10x?  Is a big exaggeration, 5x would still be quite high 10x on my overall portfolio I meant , not 10x Bitcoin price - I think Bitcoin will be around $120,000 at the peak of the next bull run but who knows could be a lot more. which means you are holding more on altcoins? because you aren't expecting just for bitcoin and with that meaning there are big to come from your folio , so mind sharing those mate? i guess we can evaluate and at least dig deep if we will join your holding or not and that would be a great help for someone like me who is still looking for good altcoin adding in my folio. [/quote] Yes I did confirm in my first post that majority of portfolio is currently altcoins but looking to change that and make Bitcoin 60-70% and then the rest altcoins. My main altcoins are Quant, Polygon, Algorand & Hedera I then have a few others that are only a small part of portfolio. |
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What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more? 10x? Is a big exaggeration, 5x would still be quite high [/quote] 10x on my overall portfolio I meant , not 10x Bitcoin price - I think Bitcoin will be around $120,000 at the peak of the next bull run but who knows could be a lot more. |
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I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.
I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
Just wait for a while mate it always happen that bitcoin will be the first to rise and the next is altcoins, if btc will reach above 35k$ maybe that's the time that altcoin will rise up. And i think it is not far from today i saw btc is rising and if it will continue the altcoins will surely follow the trend. Yeah I will keep waiting - hopefully in the next few weeks we will see another pump. Due to the rise in the last 24 hours my portfolio is now only 4% down so it does go up quick when we do see a rise. |
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I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.
If you wait for altcoins to recover, it's the same as waiting for Bitcoin to recover. If you convert to Bitcoin, then you will get the same amount of Bitcoin as now. Because altcoins will also grow based on Bitcoin. This is different when you convert to stablecoins. You will get different results if you convert now and you convert when the price goes up. This is not always 100% true - I hold Quant and it pumped last October while Bitcoin was moving sideways and I should have sold then but didn't as it is one of the altcoins I believe in most and want to hold long term. Looking back I should have took some profits though as I was over 2x at the peak of that rally in October. I am just waiting for something like this to happen again with either Quant or one of my other altcoins and when it does I will put a lot of the profits into Bitcoin. |
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I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.
I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
Just keep holding those shitcoins. You might never actually see any bullruns on them in the next 20years but there is always hope for betterment. Use this as a lesson to never invest in altcoins again and only focus on bitcoin. You never know which shitcoins owners have gone bankrupt or have sold their project to someone else. Altcoins will usually follow the trend of bitcoin. So a good market is to keep track of bitcoin's next bullrun you will see the altcoins rising again. But the chances that every altcoin you hold will become back to a break even price is low. Just a few weeks ago all the altcoins I held were in profit. They may not all go back to being in profit again but the majority will. There are hundreds of altcoins and the majority I hold in the the current top 40 so as soon as Bitcoin gets near $30k I will be in profit again - I am just not sure how long that will be. |
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I will keep holding for now. I have a couple of altcoins that are in profit but they are my more main ones I am confident in so ok holding those.
I will just wait for the altcoins that I have that are down to pump again - I took some profits in the January pump but should have taken more.
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I have decided I have too many altcoins in my portfolio and want to convert up to half of them into Bitcoin but I am waiting for the next pump like we saw in January to do this as don't want to convert while my altcoins are 20% down.
I have only been in crypto last 12 months so not that experienced when it comes to understanding cycles. Do we have any idea when the next altcoin season is due?
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Have just started investing in MultiverseX (EGLD) which was formally known as Elrond.
Tokenomics are great with a circulating supply of 25 million and total supply of only 31 million its not far off Bitcoin in terms of how scarce it is.
It is not a project I hear too much about and only stumbled upon it a few days ago.
Just wondering if there is much interest on this forum and for those who know a thing or two about it what can we expect next bull run?
$1000 seems to be the average prediction which would give us a 24x return.
What? What $1,000, what are you talking about? At the expense of what will be the growth, and even in 2 times higher than the previous ATH, even the top altcoins do not always grow so dramatically. Now the project has a billion dollars capitalization and circulating supply of almost 100%, to attract the growth of x24, calculate for yourself, how much should attract the project. Given that the hype on metaverses has already died down, you have to dream that this project crawled at least to its ATH, and here already some dreams about 24x. That's not going to happen. $1000 is not my prediction just an amount I have seen mentioned a few times, I am aware that is a lot to ask. I am not going to go to heavy with this altcoin - will DCA until I have 25 and hope it does a 10x or something which is not impossible. |
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Have just started investing in MultiverseX (EGLD) which was formally known as Elrond.
Tokenomics are great with a circulating supply of 25 million and total supply of only 31 million its not far off Bitcoin in terms of how scarce it is.
It is not a project I hear too much about and only stumbled upon it a few days ago.
Just wondering if there is much interest on this forum and for those who know a thing or two about it what can we expect next bull run?
$1000 seems to be the average prediction which would give us a 24x return.
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I will listen to the advice here and convert some of my altcoins into Bitcoin - will try and get the percentage of my portfolio in Bitcoin up to 60% which will leave 40% for altcoins. While diversification is great for minimizing the risk of volatility in your investment returns, if I were you I'd only get 10% of the altcoin in my portfolio instead of 40%. I tend to believe in bitcoin in the long term rather than altcoin. I honestly don't mean to ignored the potential of some altcoin in the long term, but for something safe in the long term then bitcoin is the best choice to dominate large part of my portfolio. For you, some of the top altcoin in the top 10 market caps can be considered. But don't get too greedy because usually it won't last long and will be replaced by other altcoin. Take your profit when your target is reached, it is more recommended instead of long term hold especially on altcoin. 90% Bitcoin is a bit much , maybe once my altcoins have pumped and I can put profit into Bitcoin might I be able to get it to that amount of my portfolio but we need to take some risk aswell. Some altcoins will go to zero but some will 25x or even 50x next bull run and I am hoping to have at least one of them in my portfolio. |
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What is everyone expecting in 2024/25 bull run? Is a 10x a good return or should we be hoping for more?
I assume you have a plan for holding your bitcoin for a long time. You can make more than 2x of your initial investment if you have the patience of holding your assets, but also this is not guaranteed. You can probably taste the bull run in 2024, after bitcoin halving. I am not selling my Bitcoin I will hold that till 2028 bull run at least when it is around $250,000. That's truly a long year(2028) if I may say. Why don't you sell your bitcoin during the next year's bull and reinvest back when the bull run is over? Taking such a measure can bring you a whole lot of profits(sell in the bull run and reinvest in the bad season when the crypto market is down) than hodling down till 2028 when you don't know whether bitcoin will reach your dream price or not. This is just a suggestion. It's up to you to choose any way you want Could do but then it will become pretty stessful trying to sell near the top then buying back in a year or so later near the bottom - I will think about it. |
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Hello all,
I will listen to the advice here and convert some of my altcoins into Bitcoin - will try and get the percentage of my portfolio in Bitcoin up to 60% which will leave 40% for altcoins.
When I first started investing in crypto Bitcoin was at £44,000 so pretty much the top and I felt as a newbie it was just too expensive so I went for altcoins.
I first started investing in Bitcoin in the June crash last year which is why I have a pretty good average price but should have focused more on it as I continued to by altcoins throughout the rest of 2022 also.
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Shiba Inu has more about it now but gone are the days where you will see 100x return on it , maybe 20x next bull run.
My meme coin play for next bull run is Dogelon Mars - going to hold 1 billion in the hope it blows up but it is a gamble , only small investment.
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Yes it is pumping and we can think it is some good news we are expecting from SEC court case. If you are a XRP holder you are getting some nice profits right now.
XRP is up almost 20% just in last 24 hours. This is highest in top 100 on coinmarketcap. This is the 1st time in month of March XRP is above 40 cents and is the 4-month high for the coin.
I've been keeping an eye on XRP. After a long time in a downtrend, it seems like it's finally broken out and started creating some new market structures. To me, that's a really promising sign. Honestly, I think it would be a bit crazy not to have at least some kind of investment in it. I really believe that XRP is a sleeping giant, just waiting to wake up and prove everyone wrong. So, let's win together. The market cap is already £20billion. - how high can this realistically go? 1 trillion market cap? If they do win the case, what does this mean exactly? |
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