Seize Opportunities in the Crypto Market with Strategic Investment Approaches

In the cryptocurrency market , Bitcoin $104,532 maintains a strong position above the $103,000 threshold, effectively accelerating the altcoin season. Ethereum $2,539 surpasses the $2,500 mark, experiencing a rise of more than 37% due to the Pectra update. Meanwhile, XRP tests $2.40 with a 9% gain this week. Dogecoin $0.235905 witnesses a 26% increase, Solana $175 rises by 15%, and Cardano’s ADA secures a 14% gain. Experts provide essential advice following the current movements in altcoins.

Follow the Runners, Accumulate the Sleepers Approach

Analysts promote two fundamental strategies for short-term momentum seekers and long-term opportunity hunters in the altcoin market. Following popular meme and AI-based coins is advised for those chasing runners, while accumulating underperforming altcoins is suggested for the collectors of sleepers.

Experts like Altcoin Sherpa and Crypto Rover indicate that an altcoin rally is likely as Bitcoin’s market dominance enters a downtrend. Altcoin Daily reviews the most noteworthy 14 altcoin projects of last year, sharing coins that could become stars in this rally.

Chasing the Runners Strategy

Investors pursuing momentum find opportunities in altcoins with strong volume and liquidity recently. Memecoins like Popcat and Moodeng and AI-based projects like AVA Virtual offer swift entry and exit possibilities.

In this approach, short pullbacks are ideal times for buying. Minor corrections present excellent opportunities to increase positions, yet safeguarding them with strict take-profit orders is crucial due to the risk of sudden declines.

Market direction changes could cause steep declines in the major gainers first. Therefore, setting stop-loss levels accurately is essential. Even in assets with high trading volumes, caution is necessary when volatility rises.

Accumulating Sleepers Strategy

Altcoins that have not yet surged possess long-term earning potential. Projects focused on future-oriented themes like AI, gaming, and zk-technology are categorized as “sleepers.” Despite the low liquidity issue, this strategy can promise significant growth. However, patience is essential, as the anticipated leap may take a prolonged period to appear or may never occur, immobilizing capital.

For those with a long-term perspective, making small purchases of such altcoins over time can help balance a portfolio. Thorough research and closely monitoring project updates are crucial to making the right choices with this strategy.

Analyst Altcoin Daily highlights 14 altcoins to watch throughout the year, including Ondo Finance (ONDO), XRP, Cardano (ADA) $0.815974 , World Mobile Token (WMTX), Solana (SOL), Sui, Borg Token (BORG), COTI (COTI), Foxy (FOXY), Supra (SUPRA), Injective (INJ), Paid Network (PAID), and ResearchCoin (RSC).