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Author Topic: Recommend me altcoin to DCA till halving  (Read 1111 times)
Silberman
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June 20, 2023, 05:41:45 AM
 #61


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.
During a bullish market bubbles appear, and this means there is a severe misallocation of resources by investors, and we can easily see this during the bull run, at the early stages bitcoin monopolizes most of the investments and its dominance goes up, then strong altcoins follow as investors try to increase the profits even further, and near the end of the bull run even shitcoins go up in value as speculators take over and invest their money into anything they believe can make them money, and only once the realize the madness of their actions that is when the crash comes, so make no mistake, absolute shitcoins can present massive profits during a short amount of time, even if their fundamentals are terrible.
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June 21, 2023, 10:28:13 PM
 #62

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.

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.

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June 22, 2023, 12:00:23 AM
 #63

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.

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.
i think you should also observe the fact that some coin might have so much total supply despite its pricing which is kinda low.
this is the case with matic, although it might seems really cheap but overall they have too much of a supply that I think rising its value will be quite hard. not to mention even at the current pricing they have already
reached among highest ranked cryptocurrencies.
I think if it's for accumulating coin like matic better wait until there is massive cut in prices honestly.

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Silberman
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June 23, 2023, 04:09:32 AM
 #64

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.
i think you should also observe the fact that some coin might have so much total supply despite its pricing which is kinda low.
this is the case with matic, although it might seems really cheap but overall they have too much of a supply that I think rising its value will be quite hard. not to mention even at the current pricing they have already
reached among highest ranked cryptocurrencies.
I think if it's for accumulating coin like matic better wait until there is massive cut in prices honestly.
This is a very common mistake that newbies make, they only take a look at the price of each coin and this leads them to believe coins like dogecoin or shiba inu can still massively pump and obtain a fortune with them, however when you take a look at their supply and their market cap then you can easily see those coins do not have nowhere near the potential they thought they had, and an investment in one of those coins most likely will result in a loss for the trader.
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June 23, 2023, 01:55:13 PM
 #65

if you don't want to invest in cryptocurrency that cost over $100, then I suggest you to invest in Matic, because currently the price of Matic is still $0.67 and I'm sure if a bullrun occurs, then the price of Matic can increase at least $3-$5 or even more than that, therefore now is the right time to invest in Matic, because the current price of Matic has not increased very high.
i think you should also observe the fact that some coin might have so much total supply despite its pricing which is kinda low.
this is the case with matic, although it might seems really cheap but overall they have too much of a supply that I think rising its value will be quite hard. not to mention even at the current pricing they have already
reached among highest ranked cryptocurrencies.
I think if it's for accumulating coin like matic better wait until there is massive cut in prices honestly.
This is a very common mistake that newbies make, they only take a look at the price of each coin and this leads them to believe coins like dogecoin or shiba inu can still massively pump and obtain a fortune with them, however when you take a look at their supply and their market cap then you can easily see those coins do not have nowhere near the potential they thought they had, and an investment in one of those coins most likely will result in a loss for the trader.
Of course if you see in terms of price is a very fatal action, which makes yourself hoping that the coin returns to its ATH, the current price if seen from each ATH is indeed cheap, but is there the potential to return the price of ATH back? It depends on how developers shake their marketing and increase their development.

Talking about matic, I think that even though they have a lot of supply, it is likely that Matic will return to its ATH in Altseason later, if seen from ecosystems, communities and networks are indeed quite in demand in several sectors.
But this depends on the view, each dyor, I have also bought some matic for Halving Bitcoin later.

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June 26, 2023, 09:15:32 PM
 #66

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.

you can do DCA EDU, ARB or SUI, because I believe EDU, ARB and SUI are new projects that have a great opportunity for the price to increase very high especially if the market is having a bull run, then I believe EDU, ARB and SUI can give you a big profits, then from that I recommend you to DCA EDU, ARB or SUI and hold it for the long term.

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June 26, 2023, 09:42:53 PM
 #67

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.

you can do DCA EDU, ARB or SUI, because I believe EDU, ARB and SUI are new projects that have a great opportunity for the price to increase very high especially if the market is having a bull run, then I believe EDU, ARB and SUI can give you a big profits, then from that I recommend you to DCA EDU, ARB or SUI and hold it for the long term.
Honestly, investing in new projects is quite too risky for long-term investment. Of course, they look promising but the question is how these projects survive if they don't have a use case to keep their client stay? They will just throw them when bullish comes or after the hype, and the developer will just then leave when seeing it declines. They might be good for the short-term but not for long-term investment. But even though it looks promising, still won't give interest in buying. They get known for their airdrops but just look at their current status, they are declining badly, and that shows something.

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June 26, 2023, 11:19:28 PM
 #68

probably arbitrum and sui, both haven't yet reached that much market capitalisation more offer their value has been going down ever since, i doubt this downtrend will lasts forever so maybe they are nearing the bottom of their price right now.

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June 26, 2023, 11:42:17 PM
 #69

When the choice is to DCA, go with the top altcoins. Surely this will have low risk and bring assured profit when the price market turns to be bullish. As most of the people suggested, it is quite risky to go with new projects. If you're good at analysing the value and the outcome of the project then it is good that you can find the right project and invest.

Most of the time projects launched on the Binance platform used to be successful and brings big money within few weeks time. Nowadays this had reduced much. For users who prefer with lucky win could go with small investment on memecoins.

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June 26, 2023, 11:42:50 PM
 #70

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.
DCA in altcoins may be risky because not all altcoins may have good chances to survive and then rise up passing their previous ATH as previous bullish season. so, you must basically understand about the risks.
If you are willing to have some altcoins, never do in meme coins or hype coins.
I am personally doing it to prefer to some top coins, Ethereum is the best choice. hen, I am also considering ADA, Matic, and SOL. Bu it is only limited, not the high one because I focus more on Bitcoin that is more promising.

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June 27, 2023, 03:44:13 AM
 #71

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.
DCA in altcoins may be risky because not all altcoins may have good chances to survive and then rise up passing their previous ATH as previous bullish season. so, you must basically understand about the risks.
If you are willing to have some altcoins, never do in meme coins or hype coins.
I am personally doing it to prefer to some top coins, Ethereum is the best choice. hen, I am also considering ADA, Matic, and SOL. Bu it is only limited, not the high one because I focus more on Bitcoin that is more promising.
Without a doubt doing DCA with altcoins is simply too risky, this is a strategy that should only be used when you are completely sure the asset in which you are implementing this strategy is a good asset which will eventually recover the value it has lost, and as we know there are not many altcoins which fulfill that criteria, as a coin which may seem to be good right now may disappear tomorrow out of nowhere, and we have seen examples like this many times on the past.
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June 27, 2023, 04:45:59 AM
 #72

Solana, Hive, Atom, Osmo, axelar, zz. Pretty bold from me but I use platforms these coins are native to and I believe they will do good in bulls. Good luck!

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June 28, 2023, 09:00:39 AM
 #73

When the choice is to DCA, go with the top altcoins. Surely this will have low risk and bring assured profit when the price market turns to be bullish. As most of the people suggested, it is quite risky to go with new projects. If you're good at analysing the value and the outcome of the project then it is good that you can find the right project and invest.

Most of the time projects launched on the Binance platform used to be successful and brings big money within few weeks time. Nowadays this had reduced much. For users who prefer with lucky win could go with small investment on memecoins.
I get your vibe about the DCA approach for top altcoins. But lets be clear, in the wild crypto arena, "guaranteed gains" are a myth. The crypto world is full of surprises, and even the best altcoins can tank.

Your caution around fresh projects makes sense given the hazards. But remember, every hot coin started as a newbie. Smart investments boil down to solid project analysis and potential recognition.

Sure, Binance-launched projects had a good run, but dont bet your house on this trend. Crypto markets are a moving target, and yesterday's champs may not rule tomorrow. Memecoins? They're a risky throw of the dice I wouldnt endorse.

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June 28, 2023, 09:46:37 AM
 #74

There are many altcoins one can invest on and make profits over time, try to research on the top 10 list of recommended cryptocurrencies for an investment, I will recommend you with few ones here and your first investment should begin with bitcoin then followed by some altcoins like Ethereum, Cardano, polkadot, litecoin, BNB, and many other fews you can choose for an investment after a thorough research on their prospects.

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June 30, 2023, 05:06:15 AM
 #75

When the choice is to DCA, go with the top altcoins. Surely this will have low risk and bring assured profit when the price market turns to be bullish. As most of the people suggested, it is quite risky to go with new projects. If you're good at analysing the value and the outcome of the project then it is good that you can find the right project and invest.

Most of the time projects launched on the Binance platform used to be successful and brings big money within few weeks time. Nowadays this had reduced much. For users who prefer with lucky win could go with small investment on memecoins.
I get your vibe about the DCA approach for top altcoins. But lets be clear, in the wild crypto arena, "guaranteed gains" are a myth. The crypto world is full of surprises, and even the best altcoins can tank.

Your caution around fresh projects makes sense given the hazards. But remember, every hot coin started as a newbie. Smart investments boil down to solid project analysis and potential recognition.

Sure, Binance-launched projects had a good run, but dont bet your house on this trend. Crypto markets are a moving target, and yesterday's champs may not rule tomorrow. Memecoins? They're a risky throw of the dice I wouldnt endorse.
People should do well to take a look at the top 10 coins at the start of each year to see how fast this market can move, with the exception of bitcoin, which has always been at the top, very few coins remain there for long and the few that do, like ethereum, have no guarantee to remain there as they could always become displaced by another coin, so anyone thinking about performing a DCA strategy with altcoins should be incredibly careful about it.
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June 30, 2023, 02:14:54 PM
 #76

You can't just do DCA strategy on any altcoins in the market. Since DCA strategy requires you to target in the long run so not all of the altcoins will be qualified for this one. Most of the time you want Bitcoin as your pick for DCA because the nature of always increasing every moment so it does qualify for DCA. ETH and BNB could be the picks as well for the strong community and use case for long period of time.

But if we are talking about halving then Bitcoin, because most of the altcoins won't directly affected by the halving

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June 30, 2023, 02:27:50 PM
 #77

I don’t recommend to buy any altcoins for any investors. Because we can't tell a coin future movement. May you know the crypto market situation very week right now so why you want recommend for your investment. You should buy top coin at least have your own research. So most of bad market time we need to hold btc.

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June 30, 2023, 02:54:54 PM
 #78

If you also like things that are really going to last a long time in the market and they are really unknown for the next bull cycles I have a recommendation for CELO,'
https://www.coingecko.com/en/coins/celo
actually in terms of information I know it will be easy. find good or bad things about them. But clearly the strategy here is DCA, and things with a sustainable vision will be prioritized, I am not one to pay too much attention to altcoins at this stage but actually in my mind there are many names worth mentioning. down money.

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June 30, 2023, 03:03:36 PM
 #79

I don’t recommend to buy any altcoins for any investors. Because we can't tell a coin future movement. May you know the crypto market situation very week right now so why you want recommend for your investment. You should buy top coin at least have your own research. So most of bad market time we need to hold btc.

Yes, you shouldn't give any recommendations if you don't want anyone stuck with your recommendations. But when someone freely asks what Altcoins are good, of course I will answer the top altcoins like BNB, ETH. Both altcoins are still good enough for me to hold on long term, But need to do DCA to buy gradually as price correction is imminent. Setting up a reserve fund for DCA is highly recommended. And to hold BTC was already the first plan, Op Just asking what altcoin is appropriate.
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June 30, 2023, 03:49:32 PM
 #80

I don’t recommend to buy any altcoins for any investors. Because we can't tell a coin future movement. May you know the crypto market situation very week right now so why you want recommend for your investment. You should buy top coin at least have your own research. So most of bad market time we need to hold btc.

Only ETH and BTC have done well in recent times. I'm not including the short-lived Memecoin season that happened over one month ago. In a bear market like the one we are in, many altcoins would not make it to the next bull market cycle and anyone not lucky enough to get out of those positions would end up being bagholders. That's how the ICO bear market played out. No altcoin(s) aside from Bitcoin and ETH can go pass their peak. I learnt this the hard way after taking a solid L from NEAR Protocol.

 
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