Advertisement

Crypto experts share the best investing opportunities they're seeing outside of bitcoin

China iTech Ghana
Wednesday, September 29, 2021 | views Last Updated 2021-09-29T21:35:45Z
>

Cryptocurrencies have exploded in popularity over the last several months. Of course, the most popular remains bitcoin .


But some other smaller cryptos are gaining serious steam as well, as the concept of digital currencies continues to seep into the public consciousness.


However, it can be difficult to know which cryptocurrencies to invest in, or whether you should in the first place. There are currently thousands of different types of coins on the market. And some - like dogecoin, which was founded as a joke - don't appear to be serious. Others, like some built on the Ethereum blockchain, appear to have better use cases.


Crypto is an esoteric domain - its intricacies can be difficult to understand, especially for those new to the space.


To help cut through the noise, Insider has talked to several experts about which altcoins - cryptocurrencies other than bitcoin - they believe have the best upside. These experts also described the fundamentals and technicals that make these altcoins attractive. Their views are shared in the articles below.

Crypto technical analyst Adrian Zduczyk says some altcoins due to outperform bitcoin in a "legendary" way. Zduczyk is the founder and CEO of the Birb Nest, a trading platform. He shared five altcoins with us that he thinks could surge 10-100 times.

Ethereum is the second-biggest cryptocurrency at the moment, sitting behind bitcoin. But it has problems like expensive transaction fees. Matthew Sigel, head of digital asset research at VanEck, shares three altcoins to rival ether.


When dogecoin rose over 12,000% to $0.68 earlier this year, it shocked the investing community. It has since cooled off, though its price has picked up in recent weeks. It now sits around $.027. What will it do next? Chainalysis chief economist Philip Gradwell broke down why he think it will go to $1.


The broader crypto space just went through a rough patch after huge gains earlier this year. Like any asset class, it has its bull and bear markets. When crypto bear markets do come, crypto influencers Mack Lorden and Lucas Dimos told us that six altcoins in particular help them hedge losses.

Enter Your Email Address to Recieve Our Latest Updates:

Delivered by Chinaitechghana.com

Comments
comments that appear entirely the responsibility of commentators as regulated by the ITE Law
  • Crypto experts share the best investing opportunities they're seeing outside of bitcoin

Trending Now

Advertisement