Crypto Investor Rebalances Altcoin Portfolio Before the Bull Market

With hopes of an upcoming bull market, a popular crypto YouTuber suggests rebalancing altcoin portfolios to target tokens likely to maximize gains.

Points

• Anticipation of a bull market in the crypto space.
• Analysts suggest rebalancing altcoin portfolios.
• Evaluation of specific altcoins to drop.
• Recommendations for altcoins to buy.
• Focus on market fundamentals and historical trends.

After the recent market correction, analysts suggest that the next phase will be an altcoin season, where capital rotates from Bitcoin （BTC） to lower-capitalization tokens. Crypto Banter, a popular crypto YouTuber with over 960,000 subscribers, anticipates a bull market in about 62 days. Its founder, Ran Neuner, advises rebalancing portfolios now to maximize gains based on market fundamentals and historical trends.

Altcoins to Drop Before the Bull Market Hits

Enlightened traders re-evaluate their trading strategies and adapt to changing market conditions. Combining project fundamentals, current market themes, and investor sentiment helps investors make informed decisions.

• LTC （Litecoin）: Due to decreasing volume and a downward trend since 2021, Litecoin is considered less appealing compared to newer Proof-of-Work （PoW） protocols.
• ALGO （Algorand）: Declining adoption rate, transaction volume, and stagnant active addresses ratio make Algorand less attractive.
• ADA （Cardano）: Cardano’s challenges in decentralized finance （DeFi） usage and moderate trading volumes lead to its exclusion from the recommended portfolio.
• AXS （Axie Infinity）: Better gaming options have overshadowed Axie Infinity, leading to low transaction volume and poor NFT sales.
• SAND （The Sandbox）: The Sandbox’s decreasing traction and low social activity make it a candidate for elimination.

Crypto Banter’s Best Altcoin Buys for 2024

On the other hand, Crypto Banter highlights altcoins that could deliver good returns if a bull market arrives. These include:

• ALPH （Alephium）: Despite appearing undervalued, interest from major mining hardware manufacturer Bitmain positions Alephium for potential growth.
• SUI （Sui）: With a strong developer community, Sui Network token is seen as having significant future growth potential.
• SOL （Solana）: High transaction volume, low cost, and potential for a Solana ETF make Solana a strong candidate for gains.
• Beam （BEAM）: Leading infrastructure in Web3 gaming with significant investment, positioning Beam as a potential front-runner in the gaming token market.
• Vulcan Forged （PYR）: Growing community and focus on gaming and the metaverse make PYR a worthy buy.

Forward-looking investors are actively preparing for a bull market, anticipating capital rotation into altcoins. Getting ahead of the prospective bull market is a safer option than succumbing to the fear of missing out （FOMO）. Nevertheless, traders and investors must also conduct their own research.

解説

• Rebalancing portfolios before a predicted bull market is a strategic move to maximize potential gains. By evaluating and dropping underperforming altcoins, investors can focus on those with stronger fundamentals and growth prospects.
• Understanding the market trends and sentiments is crucial. As the crypto market evolves, certain tokens gain prominence while others lose their appeal. Staying updated with these trends helps in making informed investment decisions.
• The recommendations for altcoins to buy are based on a mix of undervaluation, developer activity, transaction volume, and market potential. These factors indicate which tokens are likely to perform well in a bullish market scenario.
• It’s important to note that while predictions can guide investment decisions, they come with inherent risks. Conducting thorough research and staying informed about market developments are essential practices for any investor.