Buy altcoins that are on the top of the market cap or altcoins that are already established
This.
There are many
established survivors from 2013-2014 ALTseason
$1500 ATH, and all the air has been let out of their bubbles, so they are very cheap. They don't die, and $1 invested couldn't hurt to HODL.
Most of the top of the market cap EOS, TRX, BNB, and others are questionable in a BTC bear, first they failed to gain against BTC in the bull, and are thus still in post launch dump phase. Bottom unknown. But noobs will attempt a pump.
If you;re chikun then ETH ETC XMR LTC DOjje fit as both top of the market cap and established.
You see the
3 peaks in the chart.
1. 2013-2014 ALTcoins "shitcoins"
2. 2017-2018 ALTtokens "ico"
3. next to come ALTseason which is for top of the market cap ALTs and/or established ALTs
------------------------------------
Who is no longer a shit💩COIN?BTC BCH BSV
XMR
LTC DOGE
ETH ETC
Others will graduate out of shit💩COIN rank into establish ALTcoinage.
The question is how long shit💩COIN trials and tests run.
3 years?
5 years?
7 years?
yeah i think right now we are in the shitcoin era. because for the last two years the altcoin market has continued to decline almost all altcoins have lost their value and in the end altcoin that cannot develop and has no trading volume will become shitcoin. and also 70% of the ICO projects that I participated in were not successful and the tokens issued became shitcoin. hopefully next year the situation of the crypto market will improve and make the altcoin market green again.
The terms of talk matter.
The shitcoin era begin in 2013. COINs are not tokens. And tokens are not COINs.
The shitcoin era ended in 2017, the only exception might be GRIN.
Then the shit
coin token era started with NXT, then a few on the Bchain via OMNI and XCP. But blew up with the erc20 ETH ICO shitscam bubble.
{these are the 2 peaks in ALT capital graph}
Now we will move into the quality ALTs era.
1. Shitcoins that have survived for +5years.
2. Tokens that have managed a viable product/team/profits for +3years. (does such exists?)
The ALTseason contends with BTCseason and fiat$eason.
The ALTseason is when that BTC/$ market is flat, sideways, boring.