After enduring a bear market for two years, witnessing the recent surge in cryptocurrency prices feels like spotting bubbles in the sky. It's a refreshing change, and I must admit, it's quite unexpected.
Earlier this year, while discussing strategies with friends for the year ahead, we anticipated joining the market trend post-halving, typically when the bull run gains momentum. However, the rapid surge in prices, particularly of cryptocurrencies like BTC and ETH, caught us off guard. Consequently, we're exploring alternative avenues.
Despite the market's volatility, numerous promising projects have surfaced recently. After thorough analysis, many of these projects exhibit significant potential and are already listed on top exchanges. Tokens such as $MANTA, $ALT, GPT, and $PIXEL have particularly captured my attention.
It's crucial to acknowledge the presence of numerous rug-pull projects amid this influx of new ventures. Despite this risk, I remain optimistic about identifying solid investment opportunities.
Given the impending bull run, I'm interested in learning about the strategies others are employing to select tokens for investment.
I believe before now, we have been crying out to all investors to adopt Bitcoin, even when the market was in a sideways movement, and latter entered the bear run after the ETF approval. However the price of Bitcoin is still not too high for you to start to accumulate beside you're not in a competition to accumulate, so fo what your strength can carry without affecting much of your other financial activities. You could use the DCA method to accumulate.
For investing in altcoins, I don't usually give directive towards investing in a particular altcoin. I believe the decision should come from yourself so that, you'll be responsible for the out comes of your investment. There are several shitcoins out there including those that were listed in exchanges. First they may seem promising and after a while they'll just retire to their original nature. So when making your choice you should be careful and conduct proper research before buying any coin for holding.