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Crypto Investment Strategies to Maximize Gains During This Altcoin Season

Release: 2024/07/26 22:06 Reading: 650

Original author:CoinPedia News

Original source:https://coinmarketcap.com/community/articles/66a39ef53244436761ef5f35

Crypto Investment Strategies to Maximize Gains During This Altcoin Season

Crypto Investment Strategies for Optimizing Altcoin Season Returns

Beginners' Strategy

Crypto analyst Bee recommends:

  • Engaging in active testnets (e.g., Berachain, Babylon Chain) for potential airdrop opportunities
  • Mainnet airdrop farming (e.g., Arbitrum)
  • Investing in emerging meme coins (e.g., PEPE, POPCAT)

Comprehensive Portfolio Tips

YouTuber No BS Crypto advises:

  • Setting clear investment goals
  • Adopting a risk-averse approach
  • Tracking transactions meticulously
  • Diversifying investments across promising crypto narratives
  • Implementing a dollar-cost averaging method
  • Developing a definite exit strategy

Exploring VC-Backed Altcoins

YouTuber Miles Deutscher suggests researching VC-backed altcoins that have experienced recent downturns and may be poised for recovery:

  • LayerZero (ZRO)
  • zkSync (ZK)
  • Ethena (ENA)
  • StarkNet
  • Aethir (ATH)

Remember, these strategies are tailored to different investment goals and risk tolerances. Consider them carefully and invest wisely during the anticipated altcoin season.

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