4 Altcoins to look at in 2023

[OgNasty]

I think those coins all have quite a difficult road ahead of them.  Ethereum is straight up under attack by regulators.  I think it has a lot of regulation heading it's way and while it may survive, the road will be bumpy.

Dogecoin is basically a worthless meme coin.  Sure, Elon like it and thinks it's funny.  He may add it to Twitter in some way that would make it valuable, but this is somewhat priced in already.  The risk to the downside here if Elon pivots away from Dogecoin (which he may well do for Twitter since he has billions of his money on the line) is enormous.

Avalanche is promising tech, but is it really any different than Solana only with different backers?  Sure, it can grift development from Ethereum which Solana can't, but I don't see it as a game changer.

Chainlink is one I just don't understand.  As far as I can tell it's a worthless coin with an overhyped marketing campaign.  People who buy into this coin must believe all the Twitter marketing.  It's hard to imagine that a coin could succeed based on a shady marketing campaign, but it's done well so far.  People seem to believe the advertising.


I am a bit surprised that MATIC was left out of this.  It's regularly adding partners like Disney who are sure to be future metaverse powerhouses, not to mention that the Sandbox switched from ETH to MATIC and has partnered with so many brands it is hard to not view the future of altcoins being centered around the Polygon network.

[BigBos]

It will be very important as usual to make good selections of our coins and while Bitcoin is looking very bullish right now, holding some Altcoins is very important because in a bull run, Altcoins are frequently outperforming Bitcoin because of new technology and innovation.
Here are my selections:

1# AVALACHE

Avalanche had many great news recently as AMAZON selecting Avalanche because of Subnets and Avalanche has seen numberous new applications launching on Avalanche.
In general, Subnets are a huge game changer on Avalanche: https://medium.com/@demirelo/the-era-of-avalanche-subnets-9e94f377cb65

Subnets are a collection of validators participating in Avalanche consensus. A subnet can have costomized Blockchain characteristics but it's based on Avalanche Blockchain. So, a Subnet can be a customized Blcokchain, validated by Avalanche validators who are also required to validate Avalanche's mainnet.
Every Subnet can have different levels of inclusiveness (for example: permissioned, public or private), Such an unique design opens up many possibilities to implement numberous enterprise applications on Avalanche's Blockchain.
AMAZON has detected Avalanche's potential already, when Amazon selected Avalanche: https://medium.com/avalancheavax/ava-labs-and-aws-bring-scalable-blockchain-solutions-to-enterprises-and-governments-295040a34263
In addition, Avalanche is a capped coin, making it scare and people can buy it as a store of value.

Avalanche can really have huge potential and increase in price massively.


2# ETHEREUM

Ethereum has achieved PoS in 2022, making it a top contender against Bitcoin's PoW when combatting climate change. PoS will make Ethereum less wasteful because PoS requires less energy consumption.
In addition, Ethereum is now more scarce as well even if Ethereum's supply has no hard cap but inflation of Ethereum ist reduced since PoS.
Ethereum is still strong in DeFi applications, such like Uniswap. More demand of DeFi applications could drive demand for Ethereum.
Only issue is scalability of Ethereum: while Blockchains such as Avalanche have solved scalability, scalability on Ethereum still needs to be coded, which could take lots of time.


3# DOGECOIN

Dogecoin is an original coin and has been around for a very long time. Dogecoin is very famous because of Doge and it will always attrach some people to buy it.
Compared to cipies, like Shiba Inu or Elon Doge, Dogecoin will always be an original coin, not a cheap copy.
Dogecoin can be promoted easily because it's a timeless coin.


4# CHAINLINK

Chainlink is a relatively new Coin and it gained interest quickly.
Because Chainlink is very essential in an environment of a large number of Blockchains, which need to e linked, we can expect positive investments if we are long on Chainlink. It is likely to increase interoperability as an important factor between Blockchains and Chainlink is well positioned to be a leading Link coin. Chainlink is also supported by Avalanche core developers.
Finally, Chainlink has a massive support among NATO members advertising for it on various soccial media channels.




After all, coins are always speculative but my examples mentioned above are in my opinion a good selection.
We don't know about profits but in a bull market, Avalanche, Ethereum, Dogecoin and Chainlink could perform very well.

What's your Altcoin to look at in 2023?

the first and the second are quite good choices which as we have noticed to this day the developers of these two altcoins have shown quite good prospects and also a lot of their partners in the development of the ecosystem on the network they have made so far, I think I missed it is a loss in my opinion, regarding Doge and Chainlink I don't think it's the best choice in my opinion because we know that doge only relies on Elonmusk's golden words without him maybe doge won't be seen as big as it is now.
I think you also need to consider ADA and Matic and or GRT two top 10 coins that have a large enough market cap and also ecosystems that operate well and GRT which is a concern because it relates to big data and AI which was being discussed at the beginning of the year it's 2023.

[Silberman]

For me, amongst those on the list, I only have Ethereum in my portfolio, I have nothing against the 3 of them, but for me it's better to stick to where I have been profiting in the last couple of years as I investors.

So no complains here, if you have them, then good, might be good to add BNB or ADA, obviously, this two I have as well because again, in the last bull run, it also get me a good profit so I will just repeat the process till the next bull run.

I am on the same boat with the difference I do not like dogecoin, we know it is a meme coin and it has no function at all except being this funny coin that has a massive market cap for no reason, when it comes to Avalanche and Chainlink I hold no opinion, I have read a little bit about them but nothing that interest me, however if some other members of the community see something special there then they can take the risk and wait until the next bull run for those coins to go up in value.

[Ojima-ojo]

the first and the second are quite good choices which as we have noticed to this day the developers of these two altcoins have shown quite good prospects and also a lot of their partners in the development of the ecosystem on the network they have made so far, I think I missed it is a loss in my opinion, regarding Doge and Chainlink I don't think it's the best choice in my opinion because we know that doge only relies on Elonmusk's golden words without him maybe doge won't be seen as big as it is now.
I think you also need to consider ADA and Matic and or GRT two top 10 coins that have a large enough market cap and also ecosystems that operate well and GRT which is a concern because it relates to big data and AI which was being discussed at the beginning of the year it's 2023.

Elon musk is just a businessman and he can speculate whatever that favours his business as long as he has large stashed dogecoin which makes him a whale in the dogecoin market.

It is important to check the ecosystem of a coin because that is what will provide the coin with long-term liquidity to keep the coin's volume and value on the exchange.

So as you have rightly mentioned,  it is better to invest in a more stable and less volatile asset that has long-term prospects.

[AakZaki]

of the 4 Altcoins the most recommended for long-term holding is ethereum, there is nothing better than it. Ethereum moving from PoS to PoW has a huge impact on reducing energy consumption and making the ethereum network more efficient and scalable. validators do not need to mine using large computing hardware, as is done in the POW system. Validators only need to have a certain amount of Ethereum to validate transactions. This means that PoS systems require less energy and cost, and it also becomes easier for users to become validators.

Currently, even ethereum layer2 is evolving and providing many benefits to ethereum as well as ongoing layer2 projects. Layer 2 allows more transactions to be performed at the same time, thus allowing Ethereum to overcome scalability issues. Since transactions performed through layer 2 do not require validation from all nodes in the network, transaction fees are lower.

[sunsilk]

I guess that you've put Avalanche into #1 because that's the one that you've got the most in your portfolio. And with that news that you've also posted about it being chosen by Amazon makes it even a better choice.

But even with that, I'm not investing on it. I don't want to diversify too much with altcoins and if it has already reached an ATH price, it may take time to be back there again.

My choice is Ethereum and I've got a few of it and still holding.

I believe why he mention Avalanche at #1 is because the list was arranged in Alphabetical order and the coin happens to come first aside from that I don't think Avalanche have the liquidity and value to top the chart of most preferred choice of investment where we have coins like Ethereum and Dogecoin in the list.

I don't think it's just all about in alphabetical order but I saw him create other threads about the news with Avalanche and that's why I think he's biased on it as he owns it too.

-My personally won't select multiple coins for my portfolio too and I will rather hold ETH and be at peace and my remaining balance investment will go for Bitcoin.

Yeah, we know what's more worth it to have but it's also a reason for others to choose their own main altcoins in their portfolios. If they think that it's worth it to own such then they have a reason for it just as we.

Proven on how long it's there and how many times it did reached different peaks speaks for itself but still, good luck with our set of choices.

[Wiwo]

Proven on how long it's there and how many times it did reached different peaks speaks for itself but still, good luck with our set of choices.

Our choice varies mate and it's good to show some form of in-depth analysis before making our choice since altcoin market is highly volatile and risky with less trust on it value for long term.
-But as you have rightly said, investors will definitely make a choice and all that we can wish ourselves just the best of luck, we should also learn how to calculate the percentages of our portfolios based on the assets we most prefered.

[TimeTeller]

Proven on how long it's there and how many times it did reached different peaks speaks for itself but still, good luck with our set of choices.

Our choice varies mate and it's good to show some form of in-depth analysis before making our choice since altcoin market is highly volatile and risky with less trust on it value for long term.
-But as you have rightly said, investors will definitely make a choice and all that we can wish ourselves just the best of luck, we should also learn how to calculate the percentages of our portfolios based on the assets we most prefered.

Each one of us has different set of criteria in choosing which alts to invest with.
It depends on how knowledgeable you are in terms of crypto investments.
We have our pros and cons when thinking of these alts. But at the end of the day,
we are all hoping that our investments will make profit once we sell it at the market.
So the entry and exit points also vary from other people. It highly depends on your goal and targets.

[Zorigi]

we will not know which altcoin will skyrocket this year, but in my opinion the altcoin that will skyrocket this year is ethereum. and also in my opinion what will fly this year is the MATIC coin,
because I see that this MATIC coin has a lot of holders and enthusiasts.

but we will not know the actual events in this year
because usually it will be difficult to guess.

[cafee_orange]

I think Ethereum and Doge can still be paired and held in 2023, but AVALACHE and CHAINLINK are not worth it in my opinion. if I may suggest that you join altcoins like Bnb just not to waste your time

ETH doesn't need a partner as it was a strong coin already but if let say it does then Doge coin is not the coin for that. This coin is nothing compared to ETH. If Doge will have its own partner then that will only be Shiba Inu because both of them are in the same category. BNB is fine as a partner of ETH but how can you say that Avax and Link are not worth it when they are much better than in Doge?

I was wondering in fact on why Doge coin is included in this list. I think the coin is dead already in terms of price growth because it looks like Elon got tired of it already. It's been a long time since we saw him tweet the coin but he never did that nowadays.

yes, that's right, I clarified a little that my intention was not to juxtapose DOGE with ETH. But between Doge and Eth there is still feasibility to be maintained this season or this year because it is possible that both of them will shine again in the market

[fuguebtc]

Altcoins are frequently outperforming Bitcoin because of new technology and innovation.

Altcoins outperform bitcoin in terms of technology. I do not think so. Yes, in theory, altcoin projects always introduce the concept of cutting edge technology, the technology of the future, blah... blah...But let's see if any altcoins have been put into practice so far, or is it just a game of pumping and dumping and disappearing? Bitcoin is slow and old but still the top choice of investors and companies looking to adopt crypto. If you are looking for altcoins to invest in for profit, there is nothing wrong as this is a money game, but saying that you invest in technology is just an illusion.

[JANUS23]

Out of those four, I'll tip Ethereum to go the whole hog. Why? Community backing and mainstream adoption is the key for many coins to go

[Dr.Osh]

I think it would make a lot of sense to keep Ethereum at number 1, but since it's a portfolio that you believe in, well it makes sense. If I were you I would probably only focus on the 2 coins in the portfolio you mentioned, Ethereum and avalanche. Other than that, I think that Doge is the riskiest among the altcoins mentioned. although the decline and increase in price can still be used to make a profit.

Personally, if building a portfolio of 4 altcoins this year, I would prefer Ethereum, BNB, ADA, and Matic. However, it is an altcoin that I believe will have a high price and has quite promising development in the future, but currently, there are only 2 altcoins in my wallet, Ethereum and BNB.

[traderethereum]

I only have ETH, LINK and Dogecoin from that list in my wallet.
But I'm just waiting for ETH first because I see ETH's great opportunity to increase more than other coins.
But if LINK can increase first, it's really nice because I can profit from that coin.
Don't forget that BNB is also in the top position as your investment because BNB can also surprise you during the altcoin season later.

[D ltr]

there are many choices of coins that have opportunities in 2023, for ETH is the main portfolio for altcoins.
for the next altcoin I see SUI, avax, kava, DAI are also good

not for doge for me because doge is a meme coin that will go up if you experience fomo and even then if one of the famous people tweets it

[sunsilk]

Proven on how long it's there and how many times it did reached different peaks speaks for itself but still, good luck with our set of choices.

Our choice varies mate and it's good to show some form of in-depth analysis before making our choice since altcoin market is highly volatile and risky with less trust on it value for long term.
-But as you have rightly said, investors will definitely make a choice and all that we can wish ourselves just the best of luck, we should also learn how to calculate the percentages of our portfolios based on the assets we most prefered.

Well, those wallets that we have, they have automatic calculation on what's the percentage of each crypto that we have.

These choices that we make really have to be dependent on what we know about them. If you've been making a research very well, you'll see those ins and outs of other projects.

[Wiwo]

Well, those wallets that we have, they have automatic calculation on what's the percentage of each crypto that we have.

These choices that we make really have to be dependent on what we know about them. If you've been making a research very well, you'll see those ins and outs of other projects.

Yeah, which is why we need an in-debt analysis of the project before putting our money down,  because without adequate knowledge and understanding of project usercase and what they intend to offer on a long-term scale if you let emotion take out your sense of judgement one may end up in a bad investment.
-So knowledge is the key factor and tool that aid our decision-making process, especially in altcoin where the risk level is incredibly high compared to Bitcoin.

[trendcoin]

...
What's your Altcoin to look at in 2023?

To be honest I don't think the list is bad but I would only trust Ethereum. Because all teams developing projects prefer Ethereum more than other coins and their communities are better. However, if we enter a bull season, the coins on this list are likely to make money for their investors as they are major altcoins. So I think the list is not bad. But all in all, we are not certain to enter a bull season any time soon, so I would prefer Ethereum alone.

[michellee]

...
What's your Altcoin to look at in 2023?

To be honest I don't think the list is bad but I would only trust Ethereum. Because all teams developing projects prefer Ethereum more than other coins and their communities are better. However, if we enter a bull season, the coins on this list are likely to make money for their investors as they are major altcoins. So I think the list is not bad. But all in all, we are not certain to enter a bull season any time soon, so I would prefer Ethereum alone.

Indeed, compared to Ethereum, its list may not be that great. But he has chosen the coins as his investment; hopefully, his coins can increase, which can benefit him. Now is a very good time to invest in altcoins because we can choose more than one altcoin with so many coins in circulation. But the problem is that we can get confused about getting the right coin because almost all coins have the same chance to increase. So be careful if you want to buy any altcoin and make sure it is indeed an altcoin that has the potential to go up.

[Strongkored]

What's your Altcoin to look at in 2023?

Ethereum and Dogecoin are in my portfolio and they are not just an option in 2023 but have been an option in recent years, Dogecoin is the first altcoin which has always been my favorite because it has been proven to provide several times the profit and Ethereum sees that its development still has good prospects and clear that only saving based on my ability.