Unfortunately, the crypto market is extremely hype-driven, especially if you want to take a short-term approach. In theory, you can start a random generator and blindly select something from the top 100 (except stablecoins, of course) and it could bring very good profits in an altcoin season. Short-term indicators for something like this would be, for example, how strong the communities are or whether something is coming up that could provide positive moments and therefore profits. The Trump administration looks crypto-friendly and could boost coins from the US in particular. Charles Hoskinson, the founder of ADA, also seems to be meeting with people from the government more often and offering his help and support. So does the head of Ripple. XRP & ADA, for example, have pretty crazy communities that have been running for years. SOL & XRP, for example, will soon have ETF decisions. SOL & SUI are popular for memecoins. SUI wants to launch its own console soon. AVAX is building on the gaming sector. VeChain is building on supply chain issues. And so on and so forth. Whichever of these things ends up bringing the most positive results and hyping "more", they're the ones that make the most profits. 👍
•
44
•
@J0HN Thank you for the detailed answer.
•
11
•