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 Crypto Trader Says One Asset Set To Rocket Into the Top 50, Investors Underestimating How Much Capital Will Flow Into Altcoins

by Daily Hodl Staff
February 10, 2021
in Altcoins, Trading
‏‏‎ ‏‏‎ ‏‏‎ ‏‏‎

A top crypto trader and analyst says he’s expecting a tidal wave of capital to flow into the altcoin market.

In a viral tweet, the popular pseudonymous trader known in the industry as Altcoin Psycho tells his 107,300 followers that he believes fellow investors don’t realize the size of the bull cycle that’s on the horizon.

I don’t think

You guys understand

How much capital

Is about to flow in to alts

— Altcoin Psycho (@AltcoinPsycho) February 9, 2021

The trader adds that his largest altcoin investment is in decentralized cloud computing marketplace Akash Network (AKT) as he believes the low-cap crypto asset is poised to leapfrog hundreds of coins in terms of market capitalization.

“I’ve mentioned several times that my largest altcoin holding is Akash Network – AKT. It’s currently ranked 220. I firmly believe it will be in the top 50.”

ADVERTISEMENT

Akash Network’s valuation of $121 million must skyrocket by 10x if it plans to follow Altcoin Psycho’s script and unseat Decred (DCR), the 50th largest crypto asset with a current market cap of over $1.2 billion.

With altcoins poised to generate massive gains, Altcoin Psycho is issuing a warning about greed.

“My biggest regrets in trading have never been about not betting more. Those regrets pass quickly after the initial sting. The regrets that linger are always related to being too greedy/not taking profits.”

Altcoin Psycho highlights his warning by citing a tweet from fellow trader Crypto Messiah, who says most traders will see huge gains, avoid taking profit, and watch the vast majority of their returns vanish in the long run.

“I always tell people this and they look at me like I’m crazy. Me and Messi saw many friends experience this in 2017. This time is not different. No comment on his timeline, but his thesis is spot on.”

Don't Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox

Follow us on Twitter, Facebook and Telegram

ADVERTISEMENT


Check Latest News Headlines


ADVERTISEMENT


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/Tithi Luadthong

Submit a Press Release

Crypto Livewire – Press Releases

  • Mogul Brings NFTs and DeFi to the Film Industry, Announces Access Pass Sale
    March 5, 2021
  • eToro and DS TECHEETAH Change Face of Sponsorship With Unique Profit Only Deal
    March 3, 2021
  • Unifi Farms Beta Launches on Unifi Protocol to Pioneer No-Stake Farming
    February 26, 2021
  • Bang Bang: Critical Factors Fueling Rise of the Retail Investor
    February 25, 2021
  • How Traders Make Money in Both Bull and Bear Markets on BigoMex
    February 25, 2021
Submit a Guest Post
ADVERTISEMENT
Bitcoin
$48,817.00
$48,817.00
4.08%
Ethereum
$1,541.73
$1,541.73
4.48%
Binance Coin
$226.41
$226.41
3.28%
Polkadot
$33.57
$33.57
2.77%
Cardano
$1.16
$1.16
8.59%
XRP
$0.458363
$0.458363
0.56%
ADVERTISEMENT

Spotlight

  • Crypto Trader Lark Davis Lists Top Six Altcoins To Buy in March
    February 28, 2021
  • Real Vision Tackles Altcoin Market, Analyzes Crypto Portfolio Construction Beyond Bitcoin and Ethereum
    March 4, 2021
  • Cathie Wood Says Janet Yellen Doesn’t Understand Cryptocurrency, Bitcoin Far More Energy Efficient Than Gold
    March 1, 2021
  • Analyst Who Called Bitcoin and Crypto Correction Says Market Gearing Up To Explode – Here’s His Timeline
    March 5, 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.