Post
Topic
Board Speculation (Altcoins)
Re: Next better altcoin?
by
Hold-n-play
on 23/08/2022, 23:36:27 UTC
At present many new tokens added coinmarketcap. How I find a good and valuable token. I am afraid to buy a new token to see my family background. Can I continue trading or stop immediately or find a better altcoin. Please give me a suggestion. I want to earn more money for a better future.
If I were a new investor in crypto I wouldn't buy top 10 projects because they already mooned. You need to invest in projects that are either microcaps, down 90% from ATH, or are launching in the near future. I would suggest ICP- the new internet, 0xMR- everyone should have up to 20% of their portfolio in privacy projects as there will be a trend in the market for these as regulators clamp down, CNDL- an new L1 that recently launched (similar to Polygon but with 80k TPS).

I agree to some extent, I would keep only a small portion of your portfolio in top 20 coins/tokens because they already pumped.

Since the OP was asking about "next better altcoin", I recommend BGL (Bitgesell)

https://bitcointalk.org/index.php?topic=5238559.980

These are some advantages of BGL compared to BTC:

1. Safer mining algorithm
2. Halving each year
3. Txs burning mechanism / lower supply in the long term
4. Low cost transfer fees
 5. Low cost mining operations
6. Much lower market cap (difference is hundreds of thousands)
7. BGL NFTs
8. BGL - WBGL bridge on both eth and bsc
9. Hash rate (details)
10. More compressed size of the blockchain

 Basically, for a few cents (right now only like 7 - 8 cents or so) you can buy the best Bitcoin fork

The problem with BGL is that it has a very limited availability for anyone wishes to buy a large quantity. Right now you can buy it on dextools:
https://www.dextools.io/app/bnb/pair-explorer/0x9f82744dfd932a52f4bd150077fa2750adae4e4'1

Or you could use pancakeswap

Use your metamask and have some BNB or BUSD for dextools.

The listing on other exchanges are upcoming. Also the team is planning to publish a major publication on this project in tier 1 journal. You will not have the same opportunity to buy at such a low price once it will gain popularity.

DYOR