Tech News, Magazine & Review WordPress Theme 2017
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro
No Result
View All Result
The Daily Hodl
No Result
View All Result

Top Analyst Names 8 DeFi Gems Set to Pop, Says Bitcoin and Four Altcoins Worth Holding for Long Run

by Daily Hodl Staff
September 8, 2020
in Altcoins, Bitcoin, Trading
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

Closely-followed trader and crypto strategist Josh Rager is eyeing a handful of decentralized finance (DeFi) assets along with a small number of cryptocurrencies that he deems worthy to hold long term.

In a new tweet, Rager says he sold some of his positions on altcoins that he doesn’t want to hold for the next 12 months. The trader says he feels secure in making long-term investments in Bitcoin (BTC), Ethereum (ETH), and Chainlink (LINK), Zcash (Zec), and Polkadot (DOT).

Rager’s optimism in the top cryptocurrency comes as Bitcoin bulls stepped up and successfully defended key support of $10,000.

$BTC

Nice reaction after holding $10k support pic.twitter.com/FswErt02wK

— Josh Rager 📈 (@Josh_Rager) September 7, 2020

In addition, Rager is detailing eight DeFi projects with “high upside” potential – YF Link (YFL), Antiample (XAMP), Tokens of Babel (TOB), Astro (ASTRO), Sushi (SUSHI), Serum (SRM), yearn.finance (YFI), and Shroom.Finance (SHROOM).

The crypto strategist appears to be particularly bullish on Sushi, which he believes will continue to flourish despite its tumultuous week, which included an anonymous founder selling 13 million tokens before handing the keys over to FTX CEO Sam Bankman-Fried.

“SUSHI. Keys were just handed over to Alameda and you really think this is still going to die? He’s literally going to help build another dex with this. Trendlines are subjective but regardless of how you draw it, the downtrend has been broken. Watching for a close above $4.50.”

Source: Josh Rager/Twitter

Although Rager believes in the long-term potential of a few DeFi protocols, he warns his 84,000 Twitter followers that the nascent sector is also a new playground for bad actors.

“Scams and rigged projects continue to get more sophisticated. So I apologize for bringing this one up to check out. If you don’t think SYFI was rigged, [then] that’s fine, this is my personal opinion and I don’t want to be a part of it. But be careful.”



Check Latest News Headlines


Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/Krivosheev Vitaly

Submit a Press Release

Crypto Livewire – Press Releases

  • Meet Beste Bank – Your New Reliable Crypto Knowledge Base
    January 27, 2021
  • Cryptocurrency to Fight Cancer: From Bitcoin to Altcoins
    January 26, 2021
  • How Traders Are Gaining by Holding Crypto: Staking Tron (TRX) and Cardano (ADA)
    January 21, 2021
  • QuiverX to Integrate Chainlink Proof of Reserve To Power Transparent, Decentralized Crowdfunding
    January 15, 2021
  • The Online Family Office and High Net Worth Blockchain Conference
    December 22, 2020
Submit a Guest Post
Bitcoin
$31,036.00
$31,036.00
3.16%
Ethereum
$1,269.87
$1,269.87
3.35%
Polkadot
$16.01
$16.01
1.46%
XRP
$0.253599
$0.253599
4.68%

Spotlight

  • Top Crypto Analyst Says He’s ‘Backing the Truck Up’ To Buy 7 Altcoins As Ethereum and Bitcoin Tumble
    January 22, 2021
  • Prominent Trader Says Bitcoin Facing Moment of Truth, Updates Outlook on Ethereum and XRP
    January 26, 2021
  • One of the Largest Banks in Russia Reportedly Preparing To Launch Its Own Stablecoin
    January 23, 2021
  • Bitcoin Billionaire Chamath Palihapitiya Running for California Governor
    January 27, 2021

DON’T MISS A BEAT

Crypto headlines delivered daily
to your inbox
BTC, ETH, XRP news alert options

By joining The Daily Hodl news list you agree to our
Terms and Conditions and Privacy Policy.

Check your inbox for confirmation email.

Cryptocurrency news and analysis, covering Bitcoin, Ethereum, Ripple, XRP, altcoins and blockchain technology

Categories

Bitcoin • Ethereum • Trading •
Ripple and XRP • Altcoins •
Blockchain • Regulators •
Scams • Crypto101 • HodlX • Explore • Futuremash •
Crypto Livewire

ABOUT US | EDITORIAL POLICY | PRIVACY POLICY
TERMS AND CONDITIONS | CONTACT

JOIN US ON TELEGRAM

JOIN US ON TWITTER

JOIN US ON FACEBOOK

COPYRIGHT © 2017-2021 THE DAILY HODL

No Result
View All Result
  • FEATURES
    • News
    • Bitcoin
    • Ethereum
    • Ripple and XRP
    • Altcoins
    • Trading
    • Blockchain
    • Futuremash
    • Regulators
    • Scams
    • Crypto 101
  • HODLX
    • Latest Stories
    • FAQ
    • Submit Your Guest Blog
  • CRYPTO LIVEWIRE
    • Latest
    • Press Releases
    • Sponsored Posts
    • Submit Your Content
  • BEGINNERS
    • What Is Bitcoin?
    • What Is Blockchain?
    • What Does Hodl Mean?
    • How to Pay Your Bills with Bitcoin
    • Best Bitcoin FAQs
    • Example of Bitcoin’s Purpose
    • Cryptocurrency Has Multiple Meanings
    • Authenticator Alert – Securing Your Crypto
  • SUBMIT
    • Guest Blog
    • Press release
    • Sponsored post
  • EXPLORE
    • eToro

© 2020 The Daily Hodl

We use cookies to give you the best online experience possible. Continue browsing if you are happy with that, or see how to manage cookies.