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Nairaland Forum / Nairaland / General / Business / The Future Of The Crypto Market In 2024. (252 Views)
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The Future Of The Crypto Market In 2024. by MetaverseLawyer: 11:38am On Mar 02 |
During the previous years, we've observed market volatility, with most of the time the market being bearish. 2024 has been a year that most of us anticipated, especially with BTC halving coming up. Even then, there has been a need to keep an eye on promising crypto project tokens. Identifying these has become easier with time as most projects are transparent, and there is availability of information such as tokenomics and massive supportive communities. $ALT, $GTAI, and $GPT are among the recent promising tokens to be listed and perform well on top exchanges like Bitget etc. I observe that they are quick in listing quality alts. The future of crypto looks promising. What strategies are you using to identify and invest in crypto this year?
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Re: The Future Of The Crypto Market In 2024. by TrennixGLOBAL: 11:51am On Mar 02 |
MetaverseLawyer: Most of this new tokens will hardly do more than they have done. Just go for altcoins with good future and few major coins as Bitcoin is already moving. |
Re: The Future Of The Crypto Market In 2024. by LeeJunior: 7:58pm On Mar 02 |
MetaverseLawyer: As much as I agree with this bright future you speak of, I wouldn't advise jumping into any of those crypto you mentioned at this point. For me, the best strategy remains to DCA into other less hyped coins. Just as you said, Bitget lists a lot of them early so finding one that hasn't pumped yet shouldn't be too hard. And its a top CEX that only lists the best, I'd expect that with the current market momentum, any choice you make shld pick up real soon. That seems better to me than rushing into an already pumped token. 1 Like |
Re: The Future Of The Crypto Market In 2024. by JeyddaS(f): 12:43am On Mar 03 |
LeeJunior: I completely agree with you. It all add ups! 5 dollars here, 10 dollars there, slowly but surely you start stacking. As the saying goes “time in the market is better than timing the market” I recall making over 10X on $ORDI and $RATS when their market cap was below $100 million. And this is due to bitget’s early listings DCA is the way, you don’t have to look at charts all the time, you don’t have to be stressing over dumps, you can just chill, put your money in every week or month (however you DCA) and forget about it and go about your day |
Re: The Future Of The Crypto Market In 2024. by TrennixGLOBAL: 3:04am On Mar 03 |
JeyddaS: You make it sound easy when its actually not. |
Re: The Future Of The Crypto Market In 2024. by PalazoGiggy(m): 8:39am On Mar 03 |
LeeJunior: Your insight did make sense but that's not fact. over the last 5 days, I missed to buy PEPE at $0.25 coz the price was already doubled and I was waiting for retracement, unfortunately pepe is now above $0.41. same thing with BCH and TAO. Although this are not new tokens but we have seen similar new projects with utility continue on upwards trends after listing. While it's not good to fomo into some tokens that have already done multiple ×, one can still tag along and invest small amount just Incase the ride continues and keep certain amount to DCA Incase of retracement but in all this, one must necessarily DYOR as my opinion doesn't translate to financial advise. |
Re: The Future Of The Crypto Market In 2024. by CoinMegaTrend: 3:37pm On Mar 04 |
There are certain token categories that I intentionally consider while stacking my bags with assets for the Bull. Basically, I look out for AI, Gamefi and L2 modelled tokens. However, having a platform for listing updates of fundamentally solid assets is a good strategy. See tokens like $Portal that came with an immense amount of hype unheard of lately in the CryptoSpace. Gleaning from $TIA's current price action, compare it with those who bought immediately it got listed, it is quite clear how much profit has been made. The airdrop farming push is helping investors to see users flood Twitter with tweets and campaigns in a bid to be eligible for a slice of the Airdrop.
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