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Author Topic: Benjamin Cowan named the four most promising altcoins  (Read 418 times)
light_warrior (OP)
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May 02, 2022, 08:40:43 PM
 #21

I think it can be taken simply as an opinion, but in no way investment advice. In fact, the projects he listed are really good, but I definitely can't agree with his opinion that these are the most promising altcoins. I would add Solana and LUNA here. Realistically, these ecosystems are growing very rapidly right now. Yes, they each have their own problems, but the amount of money they raise in their ecosystems makes you wonder about their growth and development prospects.

By the way, in the article he mentions the projects you point to. He explained why he did not invest in these projects. Here are his words:

"Some projects, such as LUNA and Solana, it's not that I didn't like. It's just that I was late with them, so it's easier to focus on projects that you really started investing in earlier, rather than those in which you were late," Cowan said.

And more thing:

"There are other good altcoins. It’s hard to ignore Terra (LUNA) when the project is literally buying billions of dollars worth of bitcoin,” the analyst said.

His words, in principle, confirm your thoughts about these two projects.
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May 02, 2022, 09:03:47 PM
 #22

I don't know him but everyone is entitled to his opinion about the market but that doesn't mean that someone who hears it will have to follow it.
There's no bitcoin? Actually, whenever there's a bear market, it's always the best idea to buy bitcoin and you'll know the reason why when the market is up again.

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May 02, 2022, 10:50:33 PM
 #23

Regarding his opinion, I honestly agree with Ethereum Polkadot Avalanche Cardano. This four altcoins do have a lot of potential in the future, if you take the opportunity to invest, the chances are better now. All four are at a great price to keep long term moreover Polkadot and Cardano are relatively cheap. But right now there are also many other promising projects so this four altcoins are also not enough to make a profit, we need all time frames be it short or medium.

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May 02, 2022, 11:02:54 PM
 #24

Frankly, when I saw the title, I thought something would come out of it. You don't need to be a prophet or have good analytical knowledge to say these things. 4 projects and 4 cryptocurrencies are projects that have proven themselves in this field. But a single island does not interest me that much. However, it is not possible to make money in the short term with these cryptocurrencies. They have already shown a significant rise. If there is a serious decrease, then I think that money can be made from these four.
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May 02, 2022, 11:51:57 PM
 #25

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).
It is not sure enough if they are the four most promising altcoins, but those 4 altcoins so far have good progress. I also have those four coins so far, their fundamentals are exactly clear and strong enough. Only need further trends again to rise up the price of those coins. they are not hype coins and also not like meme coins that are rising up only because of hype. They are altcoins that have strong fundamentals actually.
But, I am wondering why he didn't include BNB? I think that it should be the most promising altcoins after Ethereum, more than ADA, AVAX, and also DOT  Grin
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May 20, 2022, 09:44:51 PM
 #26

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

I don't know who is Benjamin Cowan is, but it's obvious that the coins he mentioned is solid as we have seen this making a good run specially in the last 2 years.

I personally have some of those in the list, specially ADA wherein I was able to get it when it was still very cheap, (less than $1) and I will continue to hold on it regardless if someone says so. Because I believed that one day it will be huge.
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July 05, 2022, 10:03:19 PM
 #27

I thought that I might be impressed with Ethereum's current rate for the fees. It seemed to be lower and I don't know who actually this guy is. I may reckon his opinion for the choices that he has because they've got their own networks and blockchain projects that have chosen to work with them.

It's missing BNB but that's all.

We can have our opinions on which alt may have the best future of them all. After all, it's still the market to decide and the community to have them placed at the top.

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July 05, 2022, 10:14:36 PM
 #28

I thought that I might be impressed with Ethereum's current rate for the fees. It seemed to be lower and I don't know who actually this guy is. I may reckon his opinion for the choices that he has because they've got their own networks and blockchain projects that have chosen to work with them.

It's missing BNB but that's all.

We can have our opinions on which alt may have the best future of them all. After all, it's still the market to decide and the community to have them placed at the top.
I also think there's nothing wrong with these altcoins that Benjamin has mentioned, they are quite established and are simply good for long term hodling. However, we may have different choices in the market, because some find them profitable while others have never experience making profits from them, so its still an individual's choice. In the end, they won't stay in the market if they start losing their value and will certainly be placed on the last spot in the market list.

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July 06, 2022, 12:36:02 PM
 #29

I thought that I might be impressed with Ethereum's current rate for the fees. It seemed to be lower and I don't know who actually this guy is. I may reckon his opinion for the choices that he has because they've got their own networks and blockchain projects that have chosen to work with them.

It's missing BNB but that's all.

We can have our opinions on which alt may have the best future of them all. After all, it's still the market to decide and the community to have them placed at the top.
I also think there's nothing wrong with these altcoins that Benjamin has mentioned, they are quite established and are simply good for long term hodling. However, we may have different choices in the market, because some find them profitable while others have never experience making profits from them, so its still an individual's choice. In the end, they won't stay in the market if they start losing their value and will certainly be placed on the last spot in the market list.
Yes, there's nothing wrong with it and they're at the top. But there will be people that will disagree to that because we have our own ways of determining what's good and favorable to us.

I hold a few alts and on that list, it's only Ethereum.

But I do think they're all good because my basis is that they're part of the top and they're not just part of it, they've got the potential because each of them has their own beauty of their own blockchains.

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July 06, 2022, 01:58:26 PM
 #30

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?

Influencers such as this guy might receive a good amount of money to have some comments like this and they will become exactly like any other influencers out there who are investors themselves and act only as if they already studied the altcoins they are promoting while in reality, they are holding those altcoins. So it's better not to rely on their comments when you want to invest in some altcoins rather stay away from them because they won't say the same praise when they already sold their altcoins.
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July 06, 2022, 06:03:55 PM
 #31

Personally, I can say that now it is very difficult to say which altcoins will be able to get excellent earnings. For me, as always, the most relevant altcoins are ETH, BNB, LTC. I can still say that these coins will be able to make us a little richer in the near future. But since the market is in decline now and this is a great chance to buy these coins in order to make a good profit in the future. And you can also do a little market analysis and find out that there are many other coins on the market that can surprise us with their capabilities.
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July 06, 2022, 07:00:48 PM
 #32

Tezos is always under the radar by bigger part of community but if you check the real technical side of the blockchain; TEZ is one of most developed blockchain at the moment.  
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August 05, 2022, 07:11:45 AM
 #33

I don't know him but everyone is entitled to his opinion about the market but that doesn't mean that someone who hears it will have to follow it.
There's no bitcoin? Actually, whenever there's a bear market, it's always the best idea to buy bitcoin and you'll know the reason why when the market is up again.

Probably he is more focus on the altcoins itself that's why there are no bitcoin.

On hindsight, we would rather include as the majority in our portfolio though, we all know that in the next bull run, we can make a lot of money. And the risk is minimal as compare to altcoins.

And we have seen what happen to Luna, and now we have a hack on Sol: https://www.business2community.com/crypto-news/solana-hack-5-million-exploit-of-phantom-wallets-slope-wallets-02531188

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August 05, 2022, 07:59:10 AM
 #34

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?
What if some other crypto prediction experts come, they say other types of altcoins will be the most successful next year and beyond besides ADA, AVAX and DOT, for example PYR, BNB and so on, should we believe that, of course not, all of us have principles in investing, Benjamin has beliefs about these Altcoins, but others don't necessarily, they also have Altcoins that they think are worthy and good.

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August 05, 2022, 08:16:17 AM
 #35

(...)
I also see the potential of these coins in the market, but honestly, there are many other altcoins that I think have a stronger upside potential than them. These are basically old coins and have huge backing, so it's easy to recommend them in an investment portfolio in terms of the balance between both return and risk from them. However, at different times, new altcoins will emerge and offer different strengths, so it is hard to say that they are best with market changes over time.

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August 05, 2022, 08:22:40 AM
 #36

The best for Benjamin Cowan's wallet I guess  Grin, this man is a whale and people with such money will hunt for the bigger projects in the space, as for people like myself that still struggle here and there with my 1000$ investment I will prefer to find the next big altcoins for better returns, I think this whale must be one of those who bought avalanche and Polkadot at a very cheap years ago.

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August 05, 2022, 09:20:22 AM
 #37

Yes, so far these four altcoins are altcoins that have strong fundamentals so it is not too surprising that many technical analysts speculate that in the future these four altcoins will be more valuable, but apart from that I will say that BNB is also one of the promising altcoins because it has been in great demand by investors since the rising fees on ethereum.

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August 05, 2022, 10:54:44 AM
 #38

Cryptocurrency analyst Benjamin Cowen stated on the InvestAnswers podcast that the most promising altcoins on the first-level blockchains in this market cycle are Ethereum, Cardano (ADA), Avalanche (AVAX) and Polkadot (DOT).

Source of news in Russian

What do you think about this? Do you agree with his opinion?
Wow, this guy is going to get rekt. ADA is vapourware, ETH 2 doesn't scale Ethereum, it only enables data sharding and that is 2 years or more in the future, AVAX gets clogged any time there is high trading volume on their DEXs, DOT won't gain mass adoption because parachains have to pay bribes to join the chain and that will prevent growth of their protocol. The top 4 should be: XRP, 0xMR, ICP, and IOTA. This covers finance, privacy, internet/Web3, and IOT respectively.
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August 05, 2022, 09:08:21 PM
 #39

Of course it is a potential altcoin that we deserve to hold for the future, so never hesitate with the coin because currently there are very many investors who have invested in the project, especially now that a price drop is happening, it is very appropriate to collect the coin so that later we can get big profits in the future.
I am not sure if that is the case. I get that ethereum is a good one, and maybe Avax could become a good one if they keep this up, but ADA and DOT do not look to be great ones with a huge potential to me. Maybe I am wrong but it looks as if that could be the case for most of it right now.

Because, ADA promised the worlds and delivered a tree, that's not going to cut it in the crypto world. It was so much hyped that the promises made it into third biggest coin for a while, and that should tell you how much people are in the wrong here. To get something that is as big as ADA was, you need to actually have something and not the promises of something, which was the main problem.

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August 05, 2022, 09:51:34 PM
 #40

Of course it is a potential altcoin that we deserve to hold for the future, so never hesitate with the coin because currently there are very many investors who have invested in the project, especially now that a price drop is happening, it is very appropriate to collect the coin so that later we can get big profits in the future.
I am not sure if that is the case. I get that ethereum is a good one, and maybe Avax could become a good one if they keep this up, but ADA and DOT do not look to be great ones with a huge potential to me. Maybe I am wrong but it looks as if that could be the case for most of it right now.

Because, ADA promised the worlds and delivered a tree, that's not going to cut it in the crypto world. It was so much hyped that the promises made it into third biggest coin for a while, and that should tell you how much people are in the wrong here. To get something that is as big as ADA was, you need to actually have something and not the promises of something, which was the main problem.

Personally, I prefer AVAX or DOT but ADA really makes me doubt. Most recently, they continued to be late for the Vasil Hard Fork update due to a technical error, it must be said that this is common with ADA constantly delaying updates, prolonging ADA's progress, made people start to doubt the future of ADA. It's been a long time since ADA has shown us a noticeable burst of hype.
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