This cycle will be the last and final time for you to make life-changing money in the crypto markets. Now, if you’ve ever lost money in crypto or made money but have yet to sell, this is our year. This is the comeback season, and we’re getting ready. We’re just starting, and here, we will discuss the top 10 altcoins.
After this upcoming bull run is finished, understand this: crypto regulation will set in further. A majority of Bitcoin will then be held by large institutions that can further manipulate and control price action. Those are a few reasons why it’ll be a lot harder, nearly impossible, for Alt coins to watch do a 10X, 100X, or even 1000X, as we’ll see this year.
What are the Top 10 Altcoins Major Updates
Since the Bitcoin ETF launched just over a month ago, we’ve seen an inflow of over $2.1 billion. This year is huge, and this shows that we are in a resilient market. A lot of this old money is adding Bitcoin to their balance sheets and retirement funds.
Even Fidelity, one of the largest financial institutions, is now allocating spot Bitcoin ETF to their all-in-one conservative ETF. Companies like Acorn, something I’ve been using for years, notified me to consider even adding Bitcoin to more of my conservative funds. Next, the Bitcoin halving.
This is going to be the biggest event that we’ve seen in top crypto all year long, and it’s going to happen in about two months from now. Now, the third major update here regards Ethereum. This is great because even now, Ethereum is picking up. To make matters even better, Ethereum developers have announced that March 13th will be a massive date for Ethereum because of the next big network update called Denkin.
This year will solve one of Ethereum’s biggest drawbacks: reducing the cost for layer two transactions. Although that date will be important, especially for someone actively trading Ethereum, it is even more critical. This is when Ethereum’s ETF could get approved, which, according to the deadline date that the SEC has filed with Grayscale Investments, will be May 23rd.
Now, these dates are so important that if you have anything, even over a couple thousand dollars, in Ethereum, you can put those days into the calendar app on your phone. That way, you won’t forget about the date coming up, and you can take the necessary action to take advantage of the volatility that can come around those days.
Remember, this happens in the best crypto coins, where we buy the rumor and sell the news. And often, if you cannot buy in earlier, that could be a day when you could get the pullback you were looking for. Now, if you do have a lot of Ethereum as well, leading up to that date could be a time when you could consider taking some profits off the table.
How Likely is BTC to Hit an ATH?
If Bitcoin goes up, all the altcoin values will naturally go up. Based on my research, it’s likely that Bitcoin will break its all-time high soon. Often, we see more and more investors picking up activity on the stock market side, and then they want to look for something else with larger potential gains. We’ve seen this happen in countless cycles.
And if the S&P 500 and all the stocks continue to ride up and hit new all-time highs repeatedly, I’m confident this year will fuel the crypto markets even further. It’s another reminder that the crypto markets are still peanuts compared to the traditional capital markets.
Now, to touch up on some more bullish news, GBTC’s selling pressure on Bitcoin, which heavily impacted Bitcoin’s price after those ETFs got approved, is largely over. Not only that, FTX holders are also getting credited back in USD. And we’ll see those people buy back into the market immediately once they can get their funds.
Now, if you combine all of that with the fact that it’s all lining up for the date of April, and it’s also in April where we have the having, I don’t know, guys, I think it means we need to prepare soon. This is a rare occurrence; we have so many dates lined up for April. And if I were to make any huge plays, it would be right now before we get the Bitcoin event and before we get all of this inflow into the market.
Now, for April, expect volatility and even a potential sell-off. After those three months, it starts to trend back up again until hitting the next all-time high again. If I were to give more specific numbers, I would see a potential peak at around $70,000 to $74,000 before we see another sell-off, as people want to take profits.
And it’s in that moment, if Bitcoin can catch its feet, we could see the next leg up to over $100,000 to even $200,000. Now, let’s take all the reasons I mentioned on why April could be insane, but let’s also understand that we’re lining up this current bull market with the start of the federal government here in the US deciding to ease its interest rates. When lowering interest rates here in the States, it’s not a matter of if they will do it; it’s a matter of when.
Look, when the feds cut interest rates, we get trillions of dollars of new liquidity. Not only that, this year is the simple catalyst that pulls up the S&P 500 more than any other factor. Now, something else that’s been happening since the start of this year is a lot more layoffs. This is because many of these tech companies, when they lay off their employees, usually these employees if they see a new opportunity, say in cryptocurrency exchange with most bitcoin altcoins.
At the same time, the markets go up; that’s where we see even better talent going into this space. Either that or many employees who get fired take a large severance pay, and they also look to trade that into crypto. Now, there are theories that retail money doesn’t move the needle much. Still, from what we’ve seen with AMC, GameStop, Dogecoin, PayPayCoin, and Shiba Inu, retail has much power within this market.
But if we combine that with the fact that institutions are now buying more than ever, a $100,000 Bitcoin by the end of this year is still on the table. In the last bull run, we also saw that companies were going manic. They bought a bunch of Bitcoin because they get free marketing, which is also a way to even out their balance sheets.
Tesla, Visa, MicroStrategy, and Shopify were some major companies buying Bitcoin. The added difference I’m seeing this year is that we have even more powerful narratives than last year. We recently had the whole Apple VR headset come out and are going through unprecedented times.
Right now, we’re living in the future. And if you combine that with the last reason here, that many of the bad actors were wiped out from space in the previous cycle, the odds favor Bitcoin doing better.
How To Win in This Bull Market?
Knowing all the facts, how can you capitalize on making as much money from the opportunity as possible? You end up overwhelming yourself. It comes down to that saying: You become a jack of all trades but a master of none. Now, the next way to win in this bull market sounds so simple, but it’s a reminder that I know so many people need to hear.
You need to enjoy the process. Look, if this bull market lasts for the next 12 to 18 months, it’s going to take a lot of work for you to succeed if you need more clarification every waking moment. It’s grueling, and you’re putting yourself through something that you genuinely don’t enjoy.
I think crypto itself can be fun. If you do not understand the NFT market, pull yourself back and look into something even simpler, like general DeFi or some of the larger layer one projects. From here, you have your narratives down. You know what you want to focus on. And usually, when you’re up a thousand dollars, the next thing in people’s minds is, okay, well, let me make $10,000, $20,000, and it just goes crazier.
So, what I mean by trading like a robot is that you don’t get greedy. Every single one of you, it doesn’t matter if you’re going to put a million dollars into the market, a thousand, or even just ten bucks; you should all find a way to default on researching the projects you plan to investing altcoins.
Top 10 Best Altcoins of 2024
Now, let’s review the top 10 lists altcoins that can make you at least 10X. Let me start by telling you this: my list has well over ten high-potential popular altcoins, and the list I have can do well over 10X. By the end of the cycle, we could look back and realize that even a number of these cryptos could shoot up 20, 30, 40, or even some of them if they can get lucky, get to that 100X level.
Gaming Narrative
First of all, last year, we saw NFTs, layer ones, DeFi, and Metaverse coins all exploding. We had some gaming coins like even Axie Infinity and Sandbox. There were a handful of Gala Games. They all had massive pumps. Right now, the plays I am personally looking at are either VC-funded or not.
They have a really good concept, or they’re ones that are actively still building within the space, and their project developers aren’t in it to make a quick cash grab and then let the project die out. That happens very often in crypto and will get even more common as this year goes on. So, for anyone new, it’s very simple if you don’t know what GameFi is.
For traditional games, you put money and your time, basically your life, into a game, and you get nothing out of it. When it comes to crypto games, you can put the time into it, and what you get back is money. All right. So, I mentioned Gala Games just now. I invested in this last cycle. They were great because I didn’t have time to play 100 different games.
And many of them, even Alluvium, released all these trailers and movies that looked sick, but you couldn’t even play them. Gala Games, I played multiple games. I was able to buy skins, and I was like, all right, I see potential here. That is one crypto with a pretty large market cap, but I still see them being able to pick up. Currently, Gala Games is actually underneath a lot of cryptos.
Even GMT is a game where you can walk around and get paid in tokens. It was called a step to earn. And this was trending. Many people were making a lot of money, but when I did further research, I realized something like GMT had a massive pump like this. Often, there’s a lot of insider trading. A lot of VCs got into the project early. They hyped this up extremely. And then they just dumped on people like you.
This game is also known to be a replica or very similar to Clash of Clans. So, if you’ve ever played that game, this will be right up your alley. But what’s special about this is that you can now download it from the app store and try it on the Google Play store.
Right now, gaming infrastructure is still a great, solid way. It is almost like an ETF or a basket of just being involved in the gaming crypto without putting all your eggs into one basket. Now, if you go all in, though, especially on games, get an idea of if the match is successful.
AI Narrative
We’re seeing even more legitimate projects based around AI coming up right now. We’re going to do some AI stuff. You should invest in our project. Now, as most of you know, AI itself is broad. But what should ring a bell is just getting artificial intelligence or something that could help you or assist you in some way, shape, or form related to being an investor or what we do within the crypto space.
So, as an example, ChatGPT has been around for a while. This could improve user experience, scalability, and even security within crypto. Now, there are a lot of projects. ICP, unfortunately, like I’ll even be honest, guys. Many people talk about their biggest wins and never talk about their biggest Ls. Yeah, this was a massive L for me. Boy, whenever I see them, the emotions I get.
Just Brian, we just not, we’re just not going to think about it. This is one crypto. I’d be very careful. There was so much VC manipulation and the most horrid dump we’ve seen happen in crypto. We’ll also talk about how to use them as a research tool. But they have a token, and I believe they even have further plans to expand what they do in the space; this could be a very undervalued gem.
These will be more frequent than even a lot of gaming projects. And that’s because you’ll need a lot more infrastructure in gaming. You’re going to need a bigger team. They need to develop a game. So it’s not easy to just put that all together overnight. But with AI, the process from start to finish will be on a macro scale of what it would take someone to develop a crypto gaming project.
So, look for scammers and projects that seem like pumps and dumps. Try to do the best research that you can. However, AI is still very viable because we are going through one of the biggest transitory periods of our lives, during which AI is coming into everyone’s home. It’s coming into our devices, and people are seeing the value. All right.
Real World Assets
So, the next narrative that we have here is real-world assets. I love this narrative. Well, when it gets manufactured overseas, it gets shipped to three different companies. Then it goes in another box truck, then on a plane, and then on a car to end up at the store you bought it from. There could be many moments where it could have been swapped. The manufacturer could have had it built in another factory.
So VeChain was a token where they’re implementing real-world little assets, basically putting a chip in some of these items that then get automatically recorded on the blockchain so that you can verify where it was built, where it’s been, and so that it wouldn’t be swapped. And when it comes to luxury goods, it would be more consistent. Now that’s a token. I’m still holding it, but it has not been doing well.
So, I don’t say Avalan is a real-world asset token, but we need to connect it to some of these other projects. This one is way more risky, but it has given some solid returns since we entered. And where I saw the opportunity, at least with this project, is that the market cap was still very low. It’s not only that, though; they have a ton of partnerships and different VC firms backing them.
BRC-20
The next narrative to be on the lookout for is BRC20. This is surrounded by the fact that if Bitcoin succeeds and becomes popular, people will look towards utilizing Bitcoin’s network and some of the other tokens underneath this project even further. To combat BRC20, the new recent thing is ERC404.
With Pandora leading the way, many people want to experience the next pump they saw, at least with this token, which started at under $5,000 when it came out and is currently at $17,000. This took a pretty hard dump, but it’s only starting to rebound. So, there is an opportunity, at least with this project here.
And the fully diluted market cap is not too far from the current supply. Ordinals is the most popular one, and even with its current market cap, it beats out most of these other plays. So, if you’re looking for high-risk, high-reward opportunities, it will usually be more of these lower-cap projects, but please be careful. If it’s something as low as this, I reduce my risk as much as possible and will not invest more than $1,000. That is a lot. And anytime I buy something like this, it’ll be $500 or less.
Meme Coins
The next narrative, where you want to make money, is where it will be, but it is completely ridiculous. I’ll explain briefly, but let me go over a few cryptos first. This is going to be meme coins. In any bull market, meme coins have always increased the highest. And I know a lot of people like saying meme coins are absolute dog water; they’re dookie poop coins. I get it.
And the return that you could see from a project going mainstream like this has the best potential within this narrative. So, don’t look at meme coins if you don’t want to make money. It’s fine. You can still invest in so many different viable narratives where these projects will build for the next few years and continue moving. Or, if you want to gamble in the markets and play around, meme coins are nuts. Luckily, it’s always up because I bought it way earlier.
But we were to have a Hail Mary. In that case, if you take any of these other projects with a smaller market cap than Dogecoin is. It’s possible to meet the potential in this bull run, and you will see some significant gains quickly. I’m not touching Shiba Inu. It’s interesting. Bonk flipped Pepe. This means that when a meme coin hits, it usually hits once. But after that, we don’t see it often moving forward again.
Out of all the plays, the one that’s funny and cute is Dog with Hat. This is still rather early, but it’s a meme coin. The project developers and their friends and family will make the most money, but it doesn’t mean that you can’t either. Even with Dog with Hat, which I entered about one to two weeks back, I’ve nearly doubled my money. And currently, it’s at over 87%. To buy any meme coin, you must use something like Coinbase Wallet Crypto.com or another decentralized exchange.
If you have a Metamask, you can swap it there most of the time. But where we’re seeing a lot of the money flowing is that Solana meme coins are picking up right now. They’ll continue getting traction, but don’t sleep on those Ethereum-based meme coins. If you’re trying to go for the early one earlier, it’s usually on Solana’s side.
If we look at a case study for Dogecoin, we can easily look at the millionaire who had to sell for an entire period and was up millions of dollars. Remember, 99% of meme coins are scams. Once they pump, they will usually not return. If you can make a profit, that’s where the value is.
And what will happen is after it pumps and dumps, it usually gets stuck around that area because people have inquired about such a large loss, and they’re just like, it’s not worth me selling $10 of Bonk, PayPay, whatever coin. If you ever sell a crypto, remove it from your watch list. Even outside that, if you decide, I’m just out of crypto; I hit my financial goals. I wanted to buy myself a Tesla, and I wanted to buy myself a new house, and I’ve made $300,000 from crypto.
How To Research Best Overall Altcoin
DeFi Llama
You have a basic general list of altcoins and the narratives of the coins. What can you do to verify and increase the odds that whatever you decide to trade at your peril will be able to do well? All right, so to use DeFi Llama, you can see how much total value is locked within many of these different chains and protocols. I would start looking at which chains have a lot of money locked up and where the market cap discrepancy lies.
So, as an example, Rocketpool and Spark have very similar total value locked, all the money within their project. However, one project is about half the market cap of the other. You’re going to have an advantage there because what usually happens is when there’s a lot of money locked up on these protocols, eventually, people will have to cash it out. They need to move it around.
They start swapping. They use these protocols, but money eventually goes back up to the top of where these projects begin. This method helped us find some gems in the last bull run. And it’s something you can look into further if you are interested in DeFi. Look, now I know DeFi Llama is not meant for most beginners. That’s okay because this one is tough.
This is the altcoin season indicator. When this is going into full altcoin season mode, your bags and any altcoins you bought should nearly double every week. Now, the altcoin season indicator tells us whether or not you should have your money in Bitcoin or altcoins. This is based on the typical altcoin cycle where money goes into Bitcoin, flows into Ethereum, and then trickles down into the rest of the different altcoins.
This is because most new people who get into crypto get into Bitcoin first. Then they’re like, oh, I made some money with Bitcoin. If they see positive ROI on Bitcoin, those same people could be like, hey, let me cash out a little bit of my retirement fund to check out some of these different altcoins that could do a 10 to 20X.
So, pair up the altcoin season indicator with the crypto fear and greed index. It’s as easy as that. Another resource that I like is the Bitcoin rainbow chart. This year, we will tell you where we are with the price of Bitcoin and what you should do. If Bitcoin today was over $200,000, you would be in maximum bubble territory, meaning you should sell.
Right now, Bitcoin is still within the range of being cheap and accumulated. And this year is just based on Bitcoin and previous cycles.
Arkham Intelligence
So, think of this as a technical analysis for children. This indicates that we are still rather early and that there is a big potential for where this market could end up. Last but not least, Arkham Intelligence. This is great if you want to go ahead and find different wallet addresses that have found success in the past. Arkham allows you to get in touch with on-chain analysis.
And you could do things as simple as, let’s see what someone like Vitalik Buterin, the developer of Ethereum, is trading. Can we go down if Vitalik starts making wonky moves into random altcoins to invest in? First of all, you can see their entire portfolio, which is public here. You can see where it’s getting held on different exchanges.
We could see what different cryptos he would trade in this wallet. Now, if he made any swaps and it was some random meme coin, that could be a sign to get in early. Now, you could use this for other influencers and YouTubers. You could do it for Twitter accounts that are hitting the nail and finding projects early.
The beauty of crypto is that everything is on-chain, meaning it’s public information. If you do a little digging, you can find out and back up your investment thesis before making your trade. Last but not least, my favorite research method is just going on Twitter. You can have Twitter’s algorithm curate it strictly so that it shows you these underrated crypto gems.
It’s too late whenever a thread gets over 50,000 to 100,000 views. But even many of those can still prove to give you high payouts.
Entry & Exist Strategy
So, for this year, here’s what I’m doing. When it comes to entries, I’ve been accumulating Bitcoin and Ethereum now for years. I’ve gotten a very good cost average into the market. If I wanted to play more conservatively, I would leave my Bitcoin and Ethereum there. I’d probably stake my Ethereum, too, so I can earn additional interest, but I would leave it and set my price target.
Right now, it’s around the $70,000 to $80,000 zone. But this also depends on how close I get to my price targets and what I want to make in this market. With how hot investing altcoins’ value is already getting without big retail money still coming in, I think a three to five X within my portfolio is very viable.
At the moment, I’m swapping a lot of altcoins buy and finding the next new narrative. Out of everything, the most important thing for you to have the highest advantage in just winning in this market is to try to get in as early as possible on many of those developing altcoin narratives that are heating up now.
From there, we created our exit strategy. I used two indicators that I back-tested with over 99.99% reliability. And you guys can use this one here, too. I’ll permit you. So if I go out in public and people don’t know who I am, and anyone over 50 asks me about Cardano or any other crypto that is not Bitcoin or Ethereum, the clock is ticking from there.
All right. It’s real talk, though. Like I said , if everyone’s expecting Bitcoin to do 100 to 250K, really start considering taking profits after we break last year’s all-time high. Now, Bitcoin can always go up, and we could finally be at the start of the super cycle, meaning Bitcoin only goes up and accumulates from here.
But if one thing is certain, we’ve always moved in cycles, whether it was stocks or crypto. We have always gotten a bull market followed by a bear market. Here’s my general rule of thumb. If a low-cap altcoin performs 10X, I will average out if mid-caps and first-page top altcoins daily net worth on coin market caps are riding up. I usually hold these as long as I’m holding my Bitcoin.
So don’t try to sell all things out at once. You can always average out. You can sell different parts out or at least get your own money. You invested in there, and you rolled with house money. House money will be the crypto gains you already made this year, so you are risking none of your own capital at that point.
Now, finally, let me get some words of wisdom here. We’re in February with my men’s small group, and I just wrapped up the book of Leviticus. In Leviticus, we have a group of people called the Israelites, and they were instructed to prepare the land, work for it for six years and let it rest on the seven.