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Author Topic: The best altcoin to look out for  (Read 1466 times)
Okereke (OP)
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January 01, 2023, 04:06:05 PM
 #1

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
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January 01, 2023, 05:21:44 PM
 #2

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
You've just said the first one for the altcoins and that's Ethereum. You don't have to look that far in the market because everyone is aware that ETH is one of the most desired altcoin to have by most holders.

It doesn't just have the potential but it's a market leader for altcoins.

Although, the 2023 might another be a rough time to look at but ETH has just proven itself as one of the top altcoins that one should have, only if you like to have it thus, find some other coins.

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January 01, 2023, 05:47:44 PM
 #3

For 2023 I will continue with Ethereum, FUN token and CRO from Crypto.com as altcoins. Ethereum because, after bitcoin, it's the second option when we talk about cryptocurrencies. There isn't other altcoin with the same potential and reputation of ETH in the market. FUN because it has proved to be a stable altcoin which offer decent benefits through freebitco.in premium program, and CRO I stake the amount required by Crypto.com platform to have access to their debit card, which is useful and convenient when dealing with crypto and fiat in a daily basis.

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January 01, 2023, 06:22:33 PM
 #4

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
Many complain about the state of the crypto market in 2022, they make various arguments about crypto. But most others are still eagerly awaiting the future of crypto. This is our energy so far even though the contents of the bag are running low. Of course there is still our big hope for the following years. As you wish for altcoins for 2023. All altcoins still have good hopes for the future. What you have to learn is how far the altcoin lasts. You should look at altcoins that have an effect on other altcoins. For example Ethereum, this is an altcoin that has an effect on other altcoins. If Ethereum dies, of course all the altcoins that have forked on it will die. Of course this is one of the altcoins that has future potential, because all investors will defend Ethereum, altcoins that fork on Ethereum will automatically survive. Likewise with BNB, or Polygon.

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January 01, 2023, 06:32:30 PM
 #5

The best coin I am still going to look out for this 2023 is still Bitcoin, the calendar just changed from 2022 to 2023 and that’s all the market is not determined by calendars. Don’t make that mistake or have that immature pressure to buy a coin hoping a new year would save it.

If it must be Altcoin still do your own research and the risk becomes more on Altcoins that are new or have low market cap.

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January 01, 2023, 06:36:29 PM
 #6

MATIC would be my bet for wider adoption because of the known companies today adopting it. We will discover more of which altcoins that might have more potential. Vechain becomes visible all the time in UFC cages, I would also look into these two if you can get 10x of your investment when the bull market finally will be here.  

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January 01, 2023, 06:55:08 PM
 #7

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.

Asking such a question in here is absolutely legit because that is the reason why this forum exists. If you are really a total newbie regarding cryptos, then be warned. Some of the answers you will receive if you ask a question like "what project is good to buy now" or "what project will rise in the future", will probably not be neutral answers to your question but just shill-answers of people that want you to buy the token that they are also invested in so they can dump on you.
As others in this thread already said, i think it could be a good move to buy some of the established projects now, because we are in a bear market. If you are buying now and are willing to hold a few years, then you should be able to make a nice profit.
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January 01, 2023, 07:37:00 PM
 #8

For 2023 I will continue with Ethereum, FUN token and CRO from Crypto.com as altcoins. Ethereum because, after bitcoin, it's the second option when we talk about cryptocurrencies. There isn't other altcoin with the same potential and reputation of ETH in the market. FUN because it has proved to be a stable altcoin which offer decent benefits through freebitco.in premium program, and CRO I stake the amount required by Crypto.com platform to have access to their debit card, which is useful and convenient when dealing with crypto and fiat in a daily basis.
I think the 3 Altcoins of your choice are pretty good and there is potential for hype in the future, even though I don't know when the exact time will happen.
If I myself tend to only choose ETH because from my personal observations and analysis ETH is very feasible to continue to invest in the long term just like Bitcoin.
Indeed, for now I only save a little ETH because the economy and finances in the country where I live are not doing well, but I will make sure that in 2023 I can consistently add ETH assets and save them until the price I have set is actually reached in the future .

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January 01, 2023, 08:05:37 PM
 #9

I personally see 2023 as the year which will bring the demise of the Ethereum coin,the PoS one,the one we all knew until September 2022 as a great coin.Since moving to PoS they are offering nothing and they are also making it difficult for people who have staked their coins by extending the time they need their staked coins in order to be able to withdraw them,this does not sound well at all for Ethereum.

Promising altcoins for me are,Raptoreum as a CPU coin with a great team of programmers behind it,it is in the lowest price right now but the team plans to add 2-3 programming languages like Java and Python for developers to build apps on it which I think it will add a lot of value to this coin.
Then I believe this so far without any valid argument just my inner instinct tells me so,I believe in ETHW and ETHF the two so called chains that have self declared as the ones who will substitute ETH for good,so far they are far from it but they are in their infancy stage.

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January 01, 2023, 09:01:33 PM
 #10

I'm not a crypto expert but I know the history of coins that really have a good track record from the past to the present and ethereum is the answer. ethereum is one of the altcoins that has a good future after bitcoin and has been recognized by large investors. ethereum will always be the best choice after choosing bitcoin and you deserve to buy ethereum for the long term.
some people here will definitely recommend ethereum more because they already know ethereum's journey from the lowest price to the ATH price last year.
for me, there is no good altcoin other than ethereum. but my advice is still to do your own research before buying.

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January 01, 2023, 09:18:28 PM
 #11

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.
As a trader you should look into the price chart where you can know when to buy and how to timing the market. Altcoins will rise once there’s a good volume to push it so better to look on that. SOL might be a good one to buy now while its cheap but there’s a risk because of its connection to FTX, so consider other top altcoins. You should learn more about trading, asking here on which altcoin to buy is not a good practice.

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January 01, 2023, 09:39:35 PM
 #12

The best coin I am still going to look out for this 2023 is still Bitcoin, the calendar just changed from 2022 to 2023 and that’s all the market is not determined by calendars. Don’t make that mistake or have that immature pressure to buy a coin hoping a new year would save it.

If it must be Altcoin still do your own research and the risk becomes more on Altcoins that are new or have low market cap.
Bitcoin is still the best what I have I won't consider any other coin long term even though ETH has the second largest capitalist but I'm still not thinking about altcoins unless continuing to multiply bitcoins in 2023 is my goal.
It is estimated that this year it will still be very difficult to meet bullish but don't put too much faith in altcoins even though they have goals in the idea that it will still be low and will not make a good rescue in the long term.

Still altcoins have a high risk compared to bitcoin even though there is a decrease above 70% but not sure about altcoins especially with having a low capital that makes their prices come back again.

R


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January 01, 2023, 09:50:54 PM
 #13

As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.

Any coin that has a strong fundamental analysis, demand for the blockchain space and support on many major exchanges has potential. Only for trading, slightly different parameters are important, such as volatility, volumes, etc. Are you a beginner trader or an investor? If you are going to trade altcoins, what will be the term of your trades? Short term or long term trading? There are a lot of questions that come up before answering your one question.

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January 01, 2023, 09:57:44 PM
 #14

Good altcoins will recover soon and its good to look at least on the top 20 position and look for a better altcoin that have the potential to rise faster. For a more safer investment, i’ll go for ETH and BNB here but when it comes to trading, you should based on the chart and use indicators to know when you can buy and what price is better to buy. Trading is more risky, it takes a lot of analysis before you decide to buy, you should also monitor the market from time to time.
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January 01, 2023, 10:28:28 PM
 #15

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.

First, there are no so called experts here, everyone is doing their DYOR here.

Second, we don't see the future, no one has the crystal ball and tell you what good coins we should all invest (maybe except BTC and ETH), or what bad coins we should avoid.

Third, so it's not good to ask for financial advise as everyone here will shill for their coins specially the one that they are holding.

So the best thing for you to do, to look and do your own research (DYOR).

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January 01, 2023, 10:32:48 PM
 #16

a situation that is not good makes investors prefer to be comfortable buying bitcoin, ethereum, BNB is definitely a good long term. and there is no need to worry too much because it is clear in the future of top altcoins. it is only a matter of time and the season is happening which is causing less support for the growing altcoin market

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January 01, 2023, 11:05:23 PM
 #17

if it is for 2023 I'd say any coins that still has potential yet getting its value reduced significantly will definitely grows in 2023, even though forecasting such thing like the increase of value in an alts is quite silly since no one knows for sure but i'm sure that coins like eth, btc, and bnb which has tremendously losing its value, gonna be the ones that will recover back their value someday next year if the bullrun is coming.

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January 01, 2023, 11:24:30 PM
 #18

I do not see an altcoin that can dominate in 2023 and bring significant developments, so I think it is unnecessary to take such a risk. There may also be periods before the bull season starts when all dominance flows to Bitcoin, and if all the money in the market is collected in Bitcoin, altcoins may once again disappoint. I am not planning to buy altcoins before Bitcoin has a bull run, as I do not think there is any need to rush into it.

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January 01, 2023, 11:43:35 PM
 #19

you couldn't even be sure that in 2023 there will be bullrun, as far as I know so many medias are fear mongering in regard of 2023 will becoming worst than 2022, so many crisis will occur and massive lays off will take place, if judging from that, I think 2023 will not be the year of 2023 so whatever coin you're looking doesn't matter since at the end of the day they would hardly increase in value, but then again the market could quite literally make sudden change and change its trend into bullrun like quite literally anytime therefore if I were to judge which coin gonna be multiple in value certainly it'd be matic and similar new smart contract coins in general.

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January 02, 2023, 02:22:40 AM
 #20

The year 2022 ce with a lot of instability in the entire crypto market with some altcoins such as Solana losing their value by almost 70%. Even the worth of BTC and ETH also dropped drastically living many people confused and lost huge funds to this market instability (Bear market as it is called).
As a new trader I would like to know from our experts, the altcoins with good potentials in this 2023.

No one can give you advice about altcoins because even we or professional investors, when investing in altcoins are not sure to be successful and profitable. Altcoins are very risky, you should do your own research. The only advice I can give you, in today's market to be safe and profitable, bitcoin and ethereum are the most worthy coins for you to trust and invest in. As a newbie, try not to invest too much in altcoins, it will only make you lose more.

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