Crypto Success 2024: Asymmetric Returns In Altcoin Markets - InvestingHaven

Cryptocurrency investing is often associated with Bitcoin and Ethereum. However, experienced investors know that the real treasures often lie beyond these two crypto giants. This article looks at the success of cryptocurrencies in 2024, where the stage is set for some altcoins to overcome.

As Bitcoin and Ethereum lay the groundwork, strategic moves into carefully chosen altcoins could generate extraordinary returns. Let's explore how cryptocurrency market dynamics are creating an environment conducive to asymmetric returns.

BTC + ETH leading the way

Cryptocurrency bull markets often start with Bitcoin and Ethereum, the two biggest players that start a bullfight. The initial surge creates bullish momentum in the crypto markets, however, most tokens do not tend to follow it. Typically, large-cap tokens tend to lead, the happy few say, while the “long tail” is generally quiet.

Experienced investors recognize that this is just the overture. What follows is a fascinating phenomenon: the rotation of profits from these large-cap tokens to more agile and promising altcoins.

As Bitcoin and Ethereum lead the charge, a careful observer can anticipate the inevitable rotation towards altcoins.

In other words, we can be very bullish on large-cap cryptocurrencies, as evidenced by our Ethereum Prediction at $10,000, but we are much, much more bullish on specific altcoins. That is why we do not believe that the largest altcoins will overcome.

Yes, we agree with this point of view:

#Bitcoin It is likely to consolidate from here, between $37,000 and $48,000 for the coming months. In this period, #Altcoins They will have their time.

The real impact on the ETF will come in the next few years, resulting in a Bitcoin price of between $300,000 and $500,000. pic.twitter.com/i3NRjxYu5g

—Michaël van de Poppe January 27, 2024

Altcoin Markets Set for Secular Breakout

We explain it in our altcoins ready for alt season 2024 article: Total market capitalization, excluding BTC and ETH, is the only indicator that really matters for the alt season to begin.

The alternative market chart pattern is very interesting to say the least.

In the winter of 2020/2021, the altcoin market accelerated after a breakout of the triple top. This time, however, we see a very different form emerge. The sell-off in cryptocurrency markets over the past 18 months created a rounded structure below the $500 billion mark.

If we zoom in, we can see how the altcoin market is trying to achieve a breakout. The shape of this structure leads us to the conclusion that THIS MOMENT IS DIFFERENT, compared to 2020/2021. It will be a bifurcated alternative season 2024. This implies asymmetric results between tokens and crypto investors.

In a way, we agree with this finding from the graph we collected in X:

#Altcoins

Friendly reminder that the Gaussian channel for Altcoins has finally changed to green. ✅

As I said last time: "First a little correction, then let's go."

In 2016 and 2020, the green channel gave the definitive signal for Altcoins. pic.twitter.com/nRlJZ47akT

— @el_crypto_prof January 23, 2024

The art of selectivity in altcoin markets

Unlike the winter of 2020/2021, where a rising tide lifted all altcoins, 2024 calls for a very different approach. The altcoin landscape is diverse, with projects spanning various niches and functionalities.

The key to thriving in this landscape is selectivity. The path to success is narrower and requires judicious evaluation of projects. This time it's really different. It is not simply about investing in any altcoin; it's about identifying the hidden gems, the projects with distinctive value propositions and solid fundamentals.

The fine line between success and extraordinary success requires a deep understanding of the altcoin's utility, its place in the evolving crypto ecosystem, and the team's commitment to innovation. The altcoin market of 2024 is an area of strategic options, where careful selection is the compass that guides the investor through potential obstacles.

One thing we certainly advise against is choosing altcoins based on social confirmation or social investment. The 'ideas' that are published here It just won't work. Similarly, while the post below has the right question, we don't think this is the right source to find an answer.

I will buy 3 #Altcoins with my $30k USDT.

What should I buy? pic.twitter.com/ofo56USByZ

- Crypto Rover January 26, 2024

Hidden gems in 2024

Beyond the conventional narrative, there are hidden gems waiting to be discovered. These are the projects that operate under the radar but harbor the potential for exponential growth. The challenge for investors is to reveal these gems, a task made complex by the volume of projects in the cryptosphere.

We mention our Stacks bullish stanceand why it was worth following our premium crypto research alerts: We tipped Stacks $0.55 and it's now trading at $1.55.

However, what we can learn from our Stacks forecast is that we know how to attack multi-baggers..

In our premium research service, we select altcoins that are ready for prime time. Also, we tried to time the big increase. This has worked very, very well in 2023, as evidenced by many multi-exchange successes.

The challenge for crypto market investors in 2024 will be to achieve asymmetric returns. This will be our focus in 2024, we are very aware of this and have organized ourselves around it.

You may want to check out our tips on hidden gems: our latest AI 2.0 Token Council combined with this big data sheet. Premium members receive practical guidance and above all we will show a “profit taking” guide (which is what 99.99% of cryptocurrency investors forget in their excitement when a token is going up; they tend to appreciate the “ profit-taking" when the token that created the hype increases). drop by 50% or more, which is always too late).