When BTC crosses $20K, what would be the price of Nexo, Dent, Vet and Pre?
That’s a 100% increase for Bitcoin.
This could mean a 400% increase for good altcoins.
For these coins this would mean
- NEXO from $90M to $450M
- DENT from $15M to $75M
- VET from $370M to $1.8B
- PRE from $5M to $25M
These are all very well within the realms of possibilities.
These multiples might also already happen when Bitcoin only hits $13,000. We only need a real alt season to happen and the way it looks like, we could see that already happening in February.
If you only had $500 to invest, would you put it in BAT, NEXO, VET or BTC?
I do buy smaller than $500 each week, spare some of my money, instead of using it for pleasure, I use it to buy some good crypto, repeatedly. Sometimes it’s as small as only $50 each time. Some other times $100 or more. I keep accumulating the good cryptos. “Good” — according to myself, based on my personal comparation from some experts’ research. Any other people may have other opinions.
For me, they are:
BAT, BNB, BTC, CHZ, DENT, ENJ, ETH, HOLO, IOTA, NEXO, PRE, THETA, VET.
On my radar are also other coins, especially; ELA, QKC & ZIL (purely because the technology reasons behind them).
13 or 16 cryptocurrencies are enough IMHO. I may even will let some 2 or 3 of them go, later, to make it between 7 - 9 currencies only. Too many diversification is not good either. 5 - 10 best currencies with different category and different ‘risk’ is enough.
What is the best altcoin?
This is simply my take on altcoin investment. I am a trader with the intent on becoming a whale. So this perspective will be alien to the majority of the population who know of just ETH, BTC, and LTC.
The people who are crazy rich right now did not buy Bitcoin at 3k. They bought it for 1$
The people who are crazy rich with Neo did not buy it at 28$ . They bought it at 1$
The same with litecoin. 1$
All of these coins are (to me) expensive. I have just funded someone’s retirement if I throw my money into these projects.
The altcoins that will make you rich are the ones that are going for 0.00000001 (7 zeros and a 1)satoshis.
Ethereum is currently around 0.11000000 or (0.11,000,000) 11 Million satoshis
Bitcoin is 1.00000000 or (100,000,000) 100Million sats
If you buy 100Million (1 bitcoin worth) of 0.00000001 sat coins, and it goes to 0.00000002. Great, you’ve just doubled your money
Tron is currently 0.00000500
Or x500 (50,000%) a coin that is 0.00000001
I don’t think tron was ever 1 sat, but 1 bitcoin worth of verge at 10 sats 4 months ago, would be worth 60 bitcoin now.
Verge peaked out at around 0.00001200 or somewhere around there. =
A 1 Bitcoin investment turns into 120 bitcoins.
You can find a lot of these “worthless coins” on cryptopia or kucoin. I’ve dumped money into Electroneum, Odyssey, Xp, Mint. But Odyssey (OCN) will most likely be the one that makes money matters trivial for the average person.
What is the best Altcoin under .01 to hold for the next 5 years?