Altcoin Sherpa
Altcoin Sherpa

@AltcoinSherpa

15 Tweets Jan 17, 2023
Some coins that I think will hold up for next cycle and 1s I'm eyeing:
$BTC
$ETH
$BNB
$MATIC
$ATOM
Should survive:
$dydx
$GMX
$LINK
$UNI
Other defi:
$AAVE
Explanations below
Note: For all of these coins, prices can and still go lower than they are today. I'm expecting 1 final shakeout for #Bitcoin and I think that we probably see 10-14k eventually. But that should be the big move and I think we go into accumulation after that...
These are all coins that I am eyeing and ones that I think will perform well as long as btc holds up. I'm not personally looking for the super small capped shitcoins. I know that is a good investment game for many people and it's the best way to get returns tbh...but idk which ..
ones are going to survive/not survive after this big move. Plus, I don't really like playing the super small illiquid shitcoins anymore either. Takes too much management and time; would rather just go bigger in more liquid stuff personally. Anyways, onto my list...
$BTC & $ETH: These shouldn't need much explanation. Both are lindy enough where I think that they're the safest coins you can buy right now. Yes, they can and likely will still go lower than current prices, but these both should outperform most of the market long term.
Video on $BTC #Bitcoin I did yesterday:
$BNB
$MATIC
$ATOM
I chose these as L1s because I still think that we're going to see a lot of the value capture go to the underlying (for now). Appchains could still be a thing and that's why you bet on $ATOM and the cosmos ecosystem.
$BNB: This should go back to the $300s if btc holds up. If BTC dumps big, buy at $150.
$MATIC: has great BD and partnerships, this already went a few x from the bottom and still should be ok. BTC dumps big, buy at $.50 again
$ATOM: BTC dumps, buy in the $5s
Should survive:
$UNI does some of the highest volume in DeFi.
$dydx and $GMX: Best performing decentralized perps rn
$LINK: good chart + older strong coin
$UNI: If btc holds up, target high $7s. If not, $2.
$dydx: Prob cooling off for now, targeting lower like $1.75-2s in short term. BTC holds up, it should go to $4+. BTC dies, it goes back to the lows.
$GMX: Same as dydx, cooling for now.
$LINK: chart looks good
Defi stuff like AAVE should also hold up, they have most emissions out and they still have a lot of TVL. Same with COMP and other DeFi projects; they should be good. Governance is kind of a meme in crypto but TVL should still command some attention.
Other areas / sectors like gaming and AXS still seem overvalued to me. New games should take their place and the overall gaming sector will prob have a lot of new names in 2023+. Metaverse, not really sure tbh, I don't know enough about that sector personally.
NFT coins like $APE are probably not a bad bet; there are a lot of interesting things w. those communities. I personally am not betting on DAOs, I think most are going to go to 0. ZK coins should do pretty well as that technology evolves.
Older L1s like $AVAX, $SOL, $FTM not sure about those. Hard to say if craptos and SUI will overtake them or if those old communities can hold up. Shiny new thing usually commands more attention in crypto.
Now is a good time to really research and form some idea/thesis on why you like xyz coins. Don't just watch a youtuber or read a thread like this and go all in. Read and understand why something is good or bad. Good luck.

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