Top Cryptos This Week: Cosmos, Cardano, and 3 More Gems on Sale Right Now
The cryptocurrency market had a wild weekend as the price of Bitcoin (BTC) fell near $40K and Ethereum (ETH) near $3K.
All the red we’re seeing today might have you feeling discouraged, and that’s understandable. But you have to remember that red is good for us. It means we get to start the week off with buying opportunities ready to be taken advantage of.
Ultimately, your success as a crypto investor comes down to how you react to these kinds of situations.
Are you going to panic-sell quality assets and give up long-term value? Or can you take the emotion out of it and instead consider this a do-over, where you can now add to positions at low prices you may have missed out on before?
At Alternative Wealth Daily, we don’t teach you to chase the market. We let the market come to us.
This is one of those moments. And there are certain cryptos “on sale” right now that you don’t want to miss out on.
In less than five minutes, I’ll give you the top five coins topping our crypto watchlist right here…
Here are our top picks to watch this week, in case you missed any of them:
- Cosmos (ATOM)
- Cardano (ADA)
- Harmony (ONE)
- SingularityNET (AGIX)
- NuNet (NTX)
We consider these picks long-term holds, and a dip in prices is a perfect opportunity to add to your position.
On the honorable mention list are THORChain (RUNE) and Flow (FLOW) – two cryptos where the price is right, but I’m not quite convinced they’re buys.
Always do your own research into these assets before you decide to invest. The decision of what to invest in and when is one only you can make!
Join me tomorrow for our weekly crypto Q&A on Alternative Wealth Daily LIVE to get the strategies you need to make the most of this buying opportunity.
I’ll be streaming right here at 11:00 a.m. E.T., and I can’t wait to see you there.
See you tomorrow,
Chief Crypto Strategist, Alternative Wealth Daily
16 responses to “Top Cryptos This Week: Cosmos, Cardano, and 3 More Gems on Sale Right Now”
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April 11 2022
Opened a Coinbase account. Ready to buy but noticed a good 30% higher price on Coinbase compared with the actual day price on the live market.
Is this correct, does coinbase take this sort of margin?
Thanks Nick, love your work.
Refresh and try again Coinbase pro has cheaper fees.
I am opening my crypto account in Coinbase tomorrow. Is this a good time to purchase crypto or should I wait till April 27 ?
Do your research and accumulate while the market is low, do not go all-in right now just DCA (Dollar Cost Average) in right now.
What is happening on April 27th?
Always be mindful of FUD.
What is FUD?
Good question. Fear Uncertainty & Doubt. Whilst doing your research you must develop your crypto senses to determine who is trying to misdirect you or really helping you out. You can develop this skill with critical research, it will not happen overnight so be patient.
We currently hold primary positions in ETH (~40% of account) and BTC (~20%), plus smaller positions (~5% to ~2%) in a “stable” of 10 smaller altcoins (AAVE, LINK, SOL, UNI, ADA, YFI, COMP, MATIC, ZRX, & SHIB). We also have sufficient liquid assets, primarily cash, available to double, triple, or even 4x the total account size. I have identified another 10 or so smaller altcoins which I would consider adding to our stable. Our questions are: (1) as we increase the total account size, would you suggest maintaining the ETH and BTC fraction at 40 & 20%, or should we have enough confidence in hitting some BIG winners in the altcoin market that we could reduce ETH & BTC to 30 & 15% or less? Secondly, (2) is a total of 20 or so altcoins too many to manage effectively? The overall crypto holdings represent less than 20% of our total invested assets (the rest are stocks, bonds, commodities, etc.). If/when we are fortunate enough to hit some doubles (or better) in the altcoin portion of the portfolio, I am planning to take some profits as we go. We would greatly appreciate any other comments you might suggest on our crypto investment strategy. Thank you!
(1) As you Dollar Cost Average you will have great positions. (2) 20 cryptos is a reasonable number to manage if you can afford to do so.
Go to advanced trading on coinbase for same rates as pro. It is harder to use though.
Once you learn where everything is located it will get easier to navigate.
Interested will attend to join
Be careful with your personal information.
All this ,gives me strength to follow & i like it.Tks.