The cryptocurrency market is trying to catch a new wind with Bitcoin and some altcoin projects. However, it is too early to say that the obstacles ahead have been completely eliminated. However, under the assumption that the market moves in a cycle, it is natural that spring comes after winter. That’s why some are already preparing for the next bull market. A well-known trader and analyst in the Turkish cryptocurrency market with the nickname Paradator opened his bag.
Popular analyst opened his bag, these 10 altcoins came out
cryptokoin.comAs you follow from , a spot Bitcoin ETF rumor dominated the week. The market showed signs of liveliness with this news, which later turned out to be fake. So much so that the fake news did not dampen morale and even raised the hopes of some market players. Enes Turan, who uses the pseudonym Paradator in the Turkish cryptocurrency market, shared his latest market comments. The analyst, who also opened his altcoin bag, announced the 10-token portfolio option. In this context, Turan shared the following:
Instead of MATIC, HOT, SAND, COTI, CHZ, ANKR, LTO, BLZ, which is our 2020-2021 basket, we continue with ARB, APT, MINA, RDNT, SYN, GAL, EDU, OP in this cycle. HOT is our only remaining coin from that period. Only Celestia will be added to this basket. It is very difficult for us to calculate the potential of projects such as ARB, APT, MINA, CELESTIA, OP, HOT. From my perspective, no price will come as a surprise. Bright future players who are still building their ecosystem at RDNT-SYN-GAL-EDU. This bag has a lot of potential.
Paradator: Projects with high profit = Income Model
The analyst revealed his approach to the market in a later post. According to Turan, pThe ara will swim in a very narrow area. of thisThe obvious thing is to increase the intensity of “FOMO”. analyst, gThe more noise, the more new investors. claims that it will. In this regard, he explains his opinion with the following example: “Instead of taking 1,000 altcoin projects 20x, they will take 50 of them 200x. This leaves a bigger impact. 2020-2021 LINK, SOL, AAVE, DOGE, SHIBA, HOT, MATIC, SAND etc. terrible riseremember your. This period, our space of action will be even narrower. That’s why I say; Identifying and investing in projects with a high profit = Income Model.”
Bitcoin and this altcoin challenges harsh environment
The New York Attorney General filed a lawsuit early Thursday against Genesis, Gemini and DCG, alleging they defrauded investors of $1 billion. In addition, interest rates continue to rise sharply. The 10-year US Treasury yield rose another 6 basis points to 4.97%. It is also on the verge of exceeding 5% for the first time since before the global financial crisis. This caused stocks to fall for the second day in a row. Bitcoin remained at $28,600, up 1%, after a brief rise to just below $29,000 earlier in the session. Most large-cap altcoin projects traded sideways with a slight decline. On the other hand, Solana (SOL) defied the trend by making a 5% jump during the day.
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