Recommend me altcoin to DCA till halving

[lombok]

During the current bear market, many altcoins are at their support level when viewed from the big timeframe. Maybe making a selection for a few coins as a means of investment before entering a crypto bull run is the right choice. In my opinion, the coins that should be chosen are BNB, ETH, DOT, ALGO, CHZ, SOL, MATIC, AVAX, LTC. Especially LTC. We can underline that LTC in August 2023 have a halving. And the previous history after the LTC halving experienced a price increase.
https://www.litecoinhalving.com/

[lalabotax]

I am aware that DCA is better in a coin you know will last somehow long depending on how long you have to DCA.
DCA is the only means that is easy for me to buy coins. Which altcoin can you recommend for me to start DCAing till  halving when the bull run is expected.
I am afraid , that before bull run such coin might have problems. I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

Why should altcoins?
Well, it's riskier than Bitcoin. But if you are aware of the risk, I personally would prefer top altcoins such as ETH, BNB, and also Matic. Even though I'm not 100% sure that this will be safe, at least I chose the top altcoins. However, in terms of numbers, money management is important. for me, altcoin investment should be just a little, less is better than doing DCA on Bitcoin. So, try and be prepared with various risks.

[lixer]

LTC seems like it gets as good as any and BNB seems like a good idea as well. I know that those two are already high enough, but they had some troubles in the past that wasn't due to them but that wasn't their issue. Now that we are going into bull run, everything will pass and they will go up.

I mean they will go beyond their ATH and they are quite far enough that even reaching above ATH is good enough return, but after that it will continue to go up like other coins as well. So I highly suggest these two coins, they are old enough, liked enough, high ranked enough and they have a good reason to be bought in order to make even bigger profit than holding any of the other top ranked coins as well, should be a good decision if you ask me.

There was a thread here lately which talks about the potential of LTC and as usual, many people are still optimistic about the coin so I also recommend this one. There is no need to complicate things about BNB. Everybody knows their standings in the market, so this is one of the investors' choice other than LTC.

If we can add one more slot, that will be ETH for sure. Not that I mentioned it last, it does mean it's now the weakest but ETH rank is actually higher than the two. All coins struggles not just them. The issue not with them but it's about the market. Expected returns will still depend on how low we buy because if you buy at the top then the return you will get is only minimal even if the coin reached another ATH.

[|MINER|]

Even then investing on Alt coin is more High Risky but if investment on right places then  here also can possible to gain some good profit. But I will suggest in this case only for go to the top pairs of Alt coins because here you may have some more security for your fund and that's more important. In this case I think It will be wise to choose Ethereum, BNB , Litecoin, Solana, Polygon Matic because these coins are performing well and for the long-term investment these can also be helpfull to gain profit after bitcoin

[hd49728]

LTC seems like it gets as good as any and BNB seems like a good idea as well. I know that those two are already high enough, but they had some troubles in the past that wasn't due to them but that wasn't their issue. Now that we are going into bull run, everything will pass and they will go up.

Litecoin looks good and its halving is about 2 months and a half.
https://www.nicehash.com/countdown/ltc-halving-2023-08-06-11-00

Litecoin is one of oldest altcoins and it is a Proof of Work coin so it has less risk than smart contract tokens too. In 2019 halving, Litecoin rose a lot with halving effects and hopefully it won't be different in 2023 halving.

If Litecoin only rise to nearly its all time high with 2023 halving, it is so good for your 2 or 3 months holding already. When Bitcoin is stable again after its correction, Litecoin is very good altcoin to hold.

[ethereumhunter]

From the list on the market now, I suggest you check ADA, MATIC, XRP, DOGE, TRON, SHIBA, HBAR, CR0. Maybe there are more altcoins you can check but I warn you that you should be careful because DCA is only for BTC (at least, for me). That is because when BTC price is down, many altcoins will follow to go down and we never know how deep the price will go down. Some of the altcoins can directly drop too deep, while the other is not drops too much. And that is why choosing any altcoins you want to buy with the DCA method is difficult.

[JeffBrad12]

first thing first, are you really sure that the halving will do some significant increase in your altcoin that you gonna invest or even cryptocurrency in general?
because that should be the first question you ask yourself, mainly because there has been quite a few halving events that do so little to the value.
but if it's DCA until halving which is basically long term ones, i'd say some layer 2 like many have recommended are quite good enough, but you still can wait something like zksync other than the already existing coin which is good enough but it seems like they've drained of their potential already hardly climbing up, ARB and SUI seems like not that good investment choice, maybe you should pick other layer 2 that gonna come in the future.

[jostorres]

first thing first, are you really sure that the halving will do some significant increase in your altcoin that you gonna invest or even cryptocurrency in general?
because that should be the first question you ask yourself, mainly because there has been quite a few halving events that do so little to the value.
but if it's DCA until halving which is basically long term ones, i'd say some layer 2 like many have recommended are quite good enough, but you still can wait something like zksync other than the already existing coin which is good enough but it seems like they've drained of their potential already hardly climbing up, ARB and SUI seems like not that good investment choice, maybe you should pick other layer 2 that gonna come in the future.

Why shouldn't he go for a layer-1? That too an old one? I'm referring to Ethereum, it might be an old one but it is still one of the most promising and profitable altcoins out there. One can get better results by doing DCA with ETH than any other newly released altcoins, and even if they don't get too high in profits, they will at least know that their investment is safe if it's in ETH.

We all know that a lot of altcoins can't survive in the long run and even if they survive, they won't have the same value over time and will either get devalued or become too stable to generate any profit for their investors.

[siniminomorocomunisakito]

Responding to questions regarding altcoin recommendations for Dollar Cost Averaging (DCA) to halving events, Yes. there are great benefits to DCA as a strategy, especially when applied to coins with perceived longevity, aligned with the duration of your intended DCA period. Considering your preference for altcoins ready to benefit from an anticipated bull run ahead of a halving event, it is important to choose assets with growth potential while also being aware of potential challenges before a bull run to mitigate potential risks. and for determining the "best" altcoin in my opinion it is still subjective and varies based on individual risk tolerance, investment objectives and market conditions.

[terciduk123]

Arbitrum (ARB) and Optimism (OP) are two altcoins under $100 USD that I believe are worth keeping as investments. Both are tokens with a large user base and a strong ecosystem. When the bull market arrives, the price of both tokens will rise rapidly in tandem with the price of Bitcoin. We can apply the DCA strategy to buy both tokens when the price is dropping.

[asyakashi]

i can't confirm that. Coins under $100 or cheap usually have slow price growth. especially now is a fast trend. if it's a cheap coin to stick around to the next bull run I think it's worth playing at #10 coinmarketcap . there surely we are at least sure for the future that we invest. but I have one coin that you can try. try to learn OGN coin . I think OGN is good enough for the long term.

[shinratensei_]

Arbitrum (ARB) and Optimism (OP) are two altcoins under $100 USD that I believe are worth keeping as investments. Both are tokens with a large user base and a strong ecosystem. When the bull market arrives, the price of both tokens will rise rapidly in tandem with the price of Bitcoin. We can apply the DCA strategy to buy both tokens when the price is dropping.

indeed these second layer solution seemd to be really promising honestly.
the fact that they could get all that valuation and tremendous market capitalisation within short amount of time speaks volume in regard of what these second layer solution are actually capable of.
but the thing is, I think some of them are actually already having quite high value, though it's not really high but considering the fact that both of them have massive airdrops should be of concern.
after all, if the demand isn't increasing, the token might leaning towards losing its value overtime. moreover, i'd say investing in newer second layer solution might results in better yield, but we still don't know if the second layer solution trend is still there honestly.

[Vinaa77]

Why should altcoins?
Well, it's riskier than Bitcoin. But if you are aware of the risk, I personally would prefer top altcoins such as ETH, BNB, and also Matic.

Yes, some investors, if they want to invest in Altcoins, of course, the realm they choose is some of the top Altcoins such as Ethereum and also BnB, besides making their main investment in Bitcoin, sometimes some of them do it in Altcoins, indeed the risk is greater than bitcoin, and so far doing DCA here, I don't think anything has been too fatal.

[naikturun]

I don't want coins above $100, so that it will be possible to run on good profits if the investment works.

First tryout some altcoins that are useful for you. In that sense you knocked out some that might interest you when bull run arrived. If you are a risky guy then go for low cap altcoins that are indeed have potential based on your research or experience. If you are aiming for multiplier than check the low cap mid altcoins. No risk no gain. But if you want a safe one then go for doing bitcoin or eth dca. These two are the safest and might have unfold secure earnings but not same with a risky altcoins that could give you 100x to 500x.

different coins have different risks and different profits generated, coins with a low level of risk tend to provide less profit.
but coins with high risk will provide high profits, it's just a choice of people who want to invest in what type of coin and what type of risk.

[abel1337]

I saw this thread before and read some post on what are their own shills to DCA and I noticed some of the tokens that are shilled and I'm actually doing a DCA with that coin right now. Probably hold out on doing DCA till I can because I believe on that token and I don't want to sell at loss. Let's all wait for the bull market and just chill out on this kind of market scenario. But yeah still doing DCA on bitcoin, never been scared on buying bitcoin lol.

[FrozenBit]

With DCA strategy, choosing the right coin to invest is very important. You can search for coins that have technological potential and are appreciated by the community. Some altcoin options can be ETH, XRP, BNB, ADA, DOT, ARB, SUI... depending on the level of research and evaluation of each person, we can decide to put our trust in them.
Besides, pay attention to the fact that the value of cryptocurrencies can fluctuate greatly in a day or a month, so you should make investment decisions based on long-term goals.

[Silberman]

With DCA strategy, choosing the right coin to invest is very important. You can search for coins that have technological potential and are appreciated by the community. Some altcoin options can be ETH, XRP, BNB, ADA, DOT, ARB, SUI... depending on the level of research and evaluation of each person, we can decide to put our trust in them.
Besides, pay attention to the fact that the value of cryptocurrencies can fluctuate greatly in a day or a month, so you should make investment decisions based on long-term goals.

While some of those coins have been around for a long time I will confess that the only coin I will feel comfortable enough to perform a DCA strategy will be ethereum, it is not like the rest are bad coins or should not be bought at all, but personally I do not think they are as solid as ethereum, and as such those coins should only be traded, while a long term investing strategy seems like a strategy that is too risky, especially when the market is as unstable as it is right now.

[doomloop]

With DCA strategy, choosing the right coin to invest is very important. You can search for coins that have technological potential and are appreciated by the community. Some altcoin options can be ETH, XRP, BNB, ADA, DOT, ARB, SUI... depending on the level of research and evaluation of each person, we can decide to put our trust in them.
Besides, pay attention to the fact that the value of cryptocurrencies can fluctuate greatly in a day or a month, so you should make investment decisions based on long-term goals.

Well, the altcoins that you mentioned are all good and have the potential for growth if they are bought and kept for the long term, I personally think one shouldn't invest a lot of money in altcoins apart from ETH because that is the most trusted altcoins out there and the chances of things going wrong with it are very minimal, so it's better if someone invests a bigger chunk of their capital in ETH after Bitcoin and only buy other coins with small amounts to avoid taking too much risk.

And, with the case from SEC and everything going on with Binance, I wouldn't recommend buying BNB at this moment until things settle down and Binance comes out clean from all the accusations and stuff because BNB can move unpredictably for anything that might happen.

[kapalmabur]

Altcoins that have the potential to follow the bullish trend are of course altcoins that do have strong fundamentals,
the most important thing is the activity of the project in all aspects, that is in product development or their social media activity.
if the altcoin project fulfills these aspects then 90% of the altcoin can be bullish after the halving.
and my recommendations are on Sand, Mana and FET.

[Xal0lex]

Altcoins that have the potential to follow the bullish trend are of course altcoins that do have strong fundamentals,
the most important thing is the activity of the project in all aspects, that is in product development or their social media activity.
if the altcoin project fulfills these aspects then 90% of the altcoin can be bullish after the halving.
and my recommendations are on Sand, Mana and FET.

I don't agree with that. Fundamentals are exactly what an altcoin needs to keep its value as high as altcoins without fundamentals and utilitarian properties. This is what helps altcoins last and have value over the years. During the bull run, everything grows, regardless of whether the altcoin has good fundamentals and utility or not.