An important trader who made some pretty big predictions that came true managed to reveal to followers the most important assets that they should be accumulating these days. Check out the latest reports about this below.
2 assets we should accumulate in 2023
An important trader who rose to the wave of crypto success in 2023 says he’s keeping an eye on two large-cap altcoins amid the latest sell-off in the digital asset market.
In a new strategy session, pseudonymous analyst DonAlt said recently that altcoins in general, look weak as many popular coins are now trading close to their yearly lows despite the fact that Bitcoin is still way up from its 2022 price floor.
“The altcoins in general have been taking a massive beating, and it’s been not fun.”
He continued and said the following:
“If you look at LINK/USD, that’s back at the lows. That’s back as if Bitcoin went back to $15,000, and that’s one of the crowd favorites. You look at ATOM, also one of the crowd favorites, also back at the lows.”
DonAlt also noted the following fact:
“You can go through the list, through almost everything, ADA – they’re all approaching their 2022 or 2023 lows, while Bitcoin is not really down that much from $30,000.”
DonAlt made sure to highlight the fact that crypto bulls should focus on accumulating coins that can potentially outperform due to an underlying narrative.
“If you want to buy something, buy something with a narrative. That’s why I’ve been trading Litecoin; that’s why I’ve been trading XRP because I knew Litecoin – the halving narrative – you can make use of that.”
He also brought up the case of XRP “the SEC case; you can trade that way. But those are the only ones that you can touch.”
Stay tuned for more news from the crypto space, and make sure to check out the markets as well.
