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Author Topic: Recommend me altcoin to DCA till halving  (Read 1057 times)
TheSpiral
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June 30, 2023, 04:08:14 PM
 #81

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.

Are you still thinking that BNB will perform good for long term. after sec case , bnb is looking very weak and despite of green market where every coin rised more tha 10% ,bnb rised only 4 percent. I think we should now stay away from bnb because SEC will not allow bnb to blow up. i will recommend Arbitrum native token ARB for long term which has so many use case and can perform good in the long term
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June 30, 2023, 04:17:04 PM
 #82

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.

Are you still thinking that BNB will perform good for long term. after sec case , bnb is looking very weak and despite of green market where every coin rised more tha 10% ,bnb rised only 4 percent. I think we should now stay away from bnb because SEC will not allow bnb to blow up. i will recommend Arbitrum native token ARB for long term which has so many use case and can perform good in the long term
Dude don't judge perform of Altcoins just for few a month ago especially with newcomers but you should take a look for 1-5 years ago, BNB already survive for all crisis and build many ecosystem on their chain. BNB can't compared with ARB. Also BNB have a good fundamental for long term and much better than other altcoin. SEC lawsuit just small case for BNB, if you know XRP can againts with SEC Lawsuit. I think SEC only want control of market crypto and i don't care with them as long as coin i hold have a good potential in the future

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June 30, 2023, 05:06:32 PM
 #83

Common man what kind of question is this? If you want to do DCA you should find an altcoin man. No one can recommended it to you. Because it's depend on when to start the DCA, When to Exit the DCA, How long do I need to DCA, How much should I DCA weekly/ monthly and etc... This depends on person to person man.  Wink
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June 30, 2023, 05:16:30 PM
 #84

...Which altcoin can you recommend for me to start DCAing till  halving when the bull run is expected. ..

You can buy litecoin, which will soon also have halving and this can increase the price of the coin by 2-3 times. And this price will not be final and may increase along with the entire cryptocurrency market, which will be caused by halving bitcoin.

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June 30, 2023, 05:20:34 PM
 #85

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.
I do believe that reaching the ATH will not be an issue, there will be some coins that died since their last ATH so they won't reach it, but the ones that stayed alive will do that. I think it is quite obvious that we need to make sure that it is going to be an easy step into what we could be doing, and that's why it is such a big deal.

It is not going to end up with an easy deal, it is going to end up with a good amount of profit for people who DCA big names and they will reach the ATH price yet again. Maybe it will be right now, maybe in a month, maybe in a year or even maybe two years. That seems like the best case to handle it. This is why I believe that the best thing to do would be holding, dca'in and just waiting for the ATH to happen again.
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July 01, 2023, 11:19:53 AM
 #86

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.
It would be very difficult to pinpoint what to buy exactly like that. I mean we are talking about a situation where it would be very hard to consider how we could make a big change in the end, it is going to be obviously very different situation. I know that a lot of people will end up with a bit of a trouble and that is why it is going to be like wild picking. Some people will pick things that are not that great and then they will expect others to follow and do the same thing.

I am sorry but it is not going to be that easy, you are not going to find "one" special coin that you will be DCA'in until the halving, or even afterwards. I could name one, you can name another, we all could name something, doesn't make it true, we are all just assuming.

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July 01, 2023, 02:13:36 PM
 #87


In my opinion, Nervos Network and Litecoin, for Litecoin it is certain that it will experience a pump and now it has also happened,
because we know that in less than a few days the Litecoin halving will occur,
if you buy it now and hold LTC until the Bitcoin halving then you will get x2 profit even x10,
as well as CKB as Nervos will also be doing its halving this year.

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July 01, 2023, 02:38:31 PM
 #88

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.
Yes indeed DCA is a strategy that brings great efficiency in investment, with this market and what is happening, I see that there are many altcoins that deserve attention such as DOT, ADA, MATIC, ... in addition to altcoins Today's top I also think some altcoins outside the top100 that caught my attention like DYDX, BAT, ROSE,... actually I think these are all coins with strong potential and they will last a long time in the market, and when the bull market happens they get the pumps.
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July 01, 2023, 02:43:04 PM
 #89

...Which altcoin can you recommend for me to start DCAing till  halving when the bull run is expected. ..

You can buy litecoin, which will soon also have halving and this can increase the price of the coin by 2-3 times. And this price will not be final and may increase along with the entire cryptocurrency market, which will be caused by halving bitcoin.

The Litecoin halving is only 31 days away, it is very likely that the price will not rise immediately because the current market trend is still not bullish, but I agree that this will be affected later after the Bitcoin halving then Litecoin can win more than 3x that is my prediction, a sign of improvement Litecoin is still nowhere to be seen at this time.

To be honest, even though I don't fully believe in the increase in Litecoin, I don't hold it, but with another month of halving, investors usually take advantage of it now to wait for an increase next year, when the bull market will arrive.

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July 01, 2023, 02:43:51 PM
 #90

Common man what kind of question is this? If you want to do DCA you should find an altcoin man. No one can recommended it to you. Because it's depend on when to start the DCA, When to Exit the DCA, How long do I need to DCA, How much should I DCA weekly/ monthly and etc... This depends on person to person man.  Wink

If we are to also take a look at the numbers of altcoins we are having daily been introduced to the crypto network, we cannot get enough of these because there are many of them having the better potentials to make their investors proud over time, but the challenging aspects of it is on how to locate one in this case, which will still come back to advising OP more better to learn how to make his own research because he will always have the need to do so.
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July 02, 2023, 07:00:29 AM
 #91

I can't recommend you a coin under $100 for DCA. Because if doing DCA I better invest in top coins on coinmarketcap like BTC, BNB, ETH or Ripple. Because what you are doing is not betting or day trading for profit.
It's unfortunate if you DCA a new coin and then you lose a lot of your dollars just because you chose to avoid a $100 coin.

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July 02, 2023, 08:23:57 AM
 #92

I can't recommend you a coin under $100 for DCA. Because if doing DCA I better invest in top coins on coinmarketcap like BTC, BNB, ETH or Ripple. Because what you are doing is not betting or day trading for profit.
It's unfortunate if you DCA a new coin and then you lose a lot of your dollars just because you chose to avoid a $100 coin.

People can diversify their investments... 90% in top coins (coins) and 10% in some new projects. We all know how risky is to invest in new projects, meme coins, and all other coins and tokens around, but we also saw Doge reaching $0.73. So investing a few dollars in some very cheap coins/tokens from time to time can be profitable in years to come.

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July 02, 2023, 09:07:32 AM
 #93

I can't recommend you a coin under $100 for DCA. Because if doing DCA I better invest in top coins on coinmarketcap like BTC, BNB, ETH or Ripple. Because what you are doing is not betting or day trading for profit.
It's unfortunate if you DCA a new coin and then you lose a lot of your dollars just because you chose to avoid a $100 coin.

People can diversify their investments... 90% in top coins (coins) and 10% in some new projects. We all know how risky is to invest in new projects, meme coins, and all other coins and tokens around, but we also saw Doge reaching $0.73. So investing a few dollars in some very cheap coins/tokens from time to time can be profitable in years to come.

I think that it is not necessary just to follow somebody advice but it is necessary to make your own decission and check all the information. It is better not to trust all provided information about project and check everything.
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July 02, 2023, 09:26:51 AM
 #94

I say no to DCA in altcoins other than BTC and ETH.

Most altcoins are only for short and mid term holdings, but they are not capable to be designed for long term like Bitcoin and Ethereum.

Although that we are just sharing our own insights and opinions, the final decision is in your hands whether you still want to do altcoin DCA or not.

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July 03, 2023, 08:15:23 AM
 #95

I can't recommend you a coin under $100 for DCA. Because if doing DCA I better invest in top coins on coinmarketcap like BTC, BNB, ETH or Ripple. Because what you are doing is not betting or day trading for profit.
It's unfortunate if you DCA a new coin and then you lose a lot of your dollars just because you chose to avoid a $100 coin.

This is an extremely strange strategy based on the price of a coin. It does not correlate in any way with its fundamental characteristics and tokenomics, so it is more like self-deception, because if a coin is expensive, then it is valuable and reliable. It isn't. Averaging old coins is not effective. Top altcoins, which are at the top of the rankings, are the most inefficient investment of your money.

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July 09, 2023, 11:08:33 PM
 #96

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!

Solana is a good choice, because I also invest and continue to do DCA Solana until now, that's because I believe if a bullrun occurs, then the price of Solana will definitely increase at least its ATH price, so of course I will definitely get a big profit by investing on Solana at the moment and hold until the next bullrun comes.

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July 09, 2023, 11:19:33 PM
 #97

i'd say trying DCA sui and arbitrum would be great after all these two seemed to be tanking nowadays but we can't deny the fact that blockchain of these two has been growing so significantly.
I think it would be really good coin to hold for long term though one should patiently wait until all token unlocked to see this coin true valuation.



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VFalcon
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July 10, 2023, 02:11:35 PM
 #98

There are problems with many alts right now and a bull run has to wait a long time. So now there is an interesting option like web3 quest from TFS, where you can participate in their contests on their platform and get part of the prize pool, basically it's like a giveaway https://zealy.io/c/fairspin/questboard
KingsDen
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July 10, 2023, 02:32:24 PM
 #99

I can't recommend you a coin under $100 for DCA. Because if doing DCA I better invest in top coins on coinmarketcap like BTC, BNB, ETH or Ripple. Because what you are doing is not betting or day trading for profit.
It's unfortunate if you DCA a new coin and then you lose a lot of your dollars just because you chose to avoid a $100 coin.

This is an extremely strange strategy based on the price of a coin. It does not correlate in any way with its fundamental characteristics and tokenomics, so it is more like self-deception, because if a coin is expensive, then it is valuable and reliable. It isn't. Averaging old coins is not effective. Top altcoins, which are at the top of the rankings, are the most inefficient investment of your money.

Top altcoins are the most ineffective investment. They do not make good moves and yet they are not bitcoin. In terms of longevity, that is where the top altcoins seems to be more effective. This is because they have escaped the early growth pressure. But this doesn't mean they don't also fail.
As you said, the higher the price, the more reliable the investment is a wrong logic.

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July 12, 2023, 08:02:07 AM
 #100

There are problems with many alts right now and a bull run has to wait a long time. So now there is an interesting option like web3 quest from TFS, where you can participate in their contests on their platform and get part of the prize pool, basically it's like a giveaway https://zealy.io/c/fairspin/questboard
Thanks for the link, I'm already trying it out, so far it's been pretty easy
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