Will My Altcoins Rally Soon? Revealing My Strategy for the Next Months
in this video I discuss if my altcoins are ever going to Rally again I’m discussing everything surrounding the crypto markets why altcoins haven’t been moving yet and what my strategy is for the upcoming months as I’m sharing everything of my journey for you for your journey let’s get started so the first important part is the fact that we’ve seen that Bitcoin is being pushed down and that’s it’s quite easily to see that because through the previous weeks we’ve had a lot of news items taking place and the first big news item was the fact that we had mount g selling Bitcoin or at least doing the repayments back to creditors that have been uh have been in trading on Mount Cox back in the day now that news item is quickly away at this point or faded away at this point through which that that is not really having a big impact in the markets at all as a matter of fact we are trading higher than that actual correction during that period what we also see is the following which is that the previous week we’ve had CPI data coming out and CPI was super positive as a matter of fact CPI monthly to monthly became negative minus 0.1% while on the other hand we also saw that CPI became low which is 3.0% through which there was a very positive response on the markets which is that the RS on the markets have been dropping substantially and the yields have been falling off a cliff through which the yields have reached the lowest point since March 11th which is as a matter of fact the day that Bitcoin made its new all-time high so the yields have been dropping and as you can see the dxi is also dropping substantially since that period but that’s not that important the yields are super important because if there is going to be a climate where liquidity is going to be increased or at least the markets are going to to be showing a case where um the Ys are starting to fall so risk on becomes more interesting that’s the moment where altcoins and Bitcoin do well now that is what is happening at this point and Bitcoin was at 73k back in the day it’s currently at 58 so there is an actual reason what of a downward pressure on the markets at this point which is not the Germany uh the government of Germany but it’s a uh smaller part of Germany which has ceased 50,000 Bitcoin in January and started to ramp off these Bitcoin really quickly they have started with approximately three and A5 billion US dollar in Bitcoin and currently or I think actually after shooting this video they are left with 300 million through which the past days or the past week have seen a heavy sell off from the Bitcoin on the markets through which that has been pushing down the market substantially and and they are almost out of their Bitcoin which is a positive signal for the markets as it’s very likely that the markets are going to reverse after this news has been taking place and it’s also very likely that there is a different topic going to be pushing the markets up wies even more which is the ethereum ETF and the ethereum ETF applicants have filed their final adjustments to the ETF through which it’s expected to be launching next week which is the fact that if you’re looking at at ethereum overall in the entire ecosystem black rock is having its uh treasury or fund whatever you call it called bid built on ethereum and it has broken through the level of 500 million so the big institutions are playing and building on top of ethereum while people on social media in the crypto sentiment are currently terrible and expecting ethereum to continue to fall there last week I’ve been going to etcc and the amount of web two Founders that are currently building on ethereum or are looking to build on ethereum is just going through the roof so there is a big gap taking place between fundamental growth and the price uh and social media sentiment that is unwarranted which means that these two are going to Pace up at some point and it’s very likely that the ethereum ETF is going to play a big part of it as it has also been providing a big part of the fundamental interest from Web Two Builders joining web 3 so um It’s the final stage and um I think that my strategy of going all in into altcoins is actually not a bad strategy to do so because I feel after this week way more confident of staying in ethereum at this point as ethereum is I think very undervalued compared to bit coin and if you look at the entire scope Bitcoin has been seeing a tremendous amount of interest in the previous 6 months due to the fact that we had the ETF we’ve had the Hing and there is no real event taking place from this point due to um the fact that that is always the case with the fouryear cycles and that is something interesting that I’ve seen as well in at Etc is that there are a lot of great projects going to be built on E and the tokenization is super massive um maybe I’m going to do a video on that actually but the fact that so many Builders do not care about the fouryear cycle and want to build something for the next decade and that Horizon becomes that long it is going to be a very drastic change to the markets that I think that we are going to have a very more stable and sustainable Market which is more narrative driven so that is where General consensus and then if we see the amount of Builders being joining ethereum um my conviction even became bigger of going long on the ethereum ecosystem and if you look at the chart you can see that since the actual approval of the um ethereum ETF that came out of nowhere um we can see that ethereum is providing a higher Roi than Bitcoin is as ethereum is currently up 20% since that actual low um through which I am actually in profit on my ethereum position against Bitcoin and I I’m not going to be looking to make more USD I want to make more Bitcoin and by having more Bitcoin I make more USD but at some point I need to sell my Bitcoin back to USD because the liquidity overall the global uh Market liquidity is going to be drained which means that risk on assets are going to be selling off quite heavily and then I’m selling from Bitcoin to USD to make more Bitcoin and that’s the overall Target now if you look at ethereum then there are periods that ethereum does better than Bitcoin and in the previous Cycles we’ve seen that in 2021 we after the Bitcoin halfing took place you could have made a return of 290% against Bitcoin if you go back one more cycle you can see that there is a return of approximately 1200% to be made however um if you’re looking at at the um the market size and stuff it is not likely that it’s going to be higher than 300% in this point I think you might be even super happy if that is going to take place overall uh because the larger the market cap or the larger the market size the lower the returns will be because the risks are going to be lower but it doesn’t mean that you can still make more Bitcoin and that’s is my general thesis through which in the past six months due to the sentiment on social media the altcoins have been selling off massively um but some of them have been starting to return to their neutral price levels or have seen more interest than other ones and I think that is a tricky one or a very important one to realize that is that if you are into altcoins at this point just like me that you want to be in positions that are hated the most and that are going to be likely to provide the highest return so if you are interested into the E ecosystem then there are many options but um if e is your base pair as that is in my case then I would like to bring up optimism against usdt and optimism against Bitcoin if you look at optimism against Bitcoin it’s up 35% since it’s low zero interest from social media because there’s still no hype optimism against UCT is actually entirely breaking back towards it where it was a few weeks ago reversing the entire loss of the previous week in one week and that is a strong signal of either a bottoming procedure or a strong reversal going to be happening at this point so I think that my bet of the eat ecosystem is actually being approved by the fact that these coins are starting to run more so if you want to get a higher return then at this stage if you think if you think that ethereum is going to outperform bitcoin then you can also make more eat by staying into the eat ecosystem trading these altcoins which we also have been seeing with Solana meme coins and everything in the Solana ecosystem that has been doing really well when Solana started to do really well and I think that’s going to be a very big topic as well another big topic is that I swapped all the coins for newer coins and actually I swapped them sincerely for coins that have been hated the most we’ve got an article of binance which is low floating High fdv coins and um I’ve swapped to them because and this is a very important one the markets need fec’s whether you like it or not there is a very big dis discussion going on that the markets do not need fec’s and yes there are some thesis that you can do a fair launch but for most of the coins it’s just not the case so you need fec’s to push forward projects to build Tech before it becomes a public token maybe sometimes it’s not even going to be a public token I think that the focus on the fact that we are at low floating High FTV coins is that and that there is a high dilution of coins going on the markets it is it’s not based on the fact that that is low floating most of the people are focused on that actual topic but I think you should focus on the fdv the fdv is the actual um important part here which is that if you go to web 2 and you do a seed round it’s between two to two two to 10 million in crypto you can do a seed round at 50 million and then you end up by doing a k round or private rounds at like 500 to 600 million and then you start trading at a billion or more while you don’t even have a product that is that is the actual bubble that we created this point so it’s all about the high valuations which is being pushed up now as every VC wants to jump into web 3 because they know that there’s going to be a higher return um but a lot of Institutions are going to be losing a lot of money because they do not know the actual underlying valuations of projects and that’s why I like token um tokens that have a revenue revenue generation model which we are going to be seeing way more through which you can actually value product so we are in a big bubble we are in a doom bubble the valuations are too too high but some of these coins and newer ones are having a super heavy selloff through which the valuations are very very low at this point and then you also see that there is a lot of shorts being opened onto these positions if you look at Tia the funding rate is super negative most of the people are currently short on these assets expecting them to continue to fall but you need to realize that in the previous cycle we had salana Avalanche all those projects being built from VC money as well so I think that the the subject is a little bit far-fetched and I think that we’re going to have a big reversal on these coins and that you can actually have a high return on them so my game plan going forward isn’t changed I think it’s super important to choose the right coins at this point because the markets are going to be more complex and more complex due to the narratives that are switching quite fast which means that if you pick the right ones at this point that didn’t move at all but are going to be in the next narratives then you are going to be having the highest return the second point is that holding my coins at this point is the best thing to do I’m not going to be swapping I don’t want to sell for a 20% profit I want to stick into my positions and continue to be holding them until the markets are getting a little bit too hyped on social media and start scaling off the other thing is is that I’m going to be moving more towards Dex trading because there are a lot of coins on a decentralized ecosystem that are lower gem coins but are very interesting to have in your portfolio or in my portfolio that are not on centralized exchange or not yet and they are not meme coins but some general AI or dpin or D5 projects um you don’t need the decks but I think a small portion of my portfolio I would like to include into a DEX trading um because there are so many interesting opport unities as long the final important part for my strategy is as long as e against Bitcoin is going to sustain above 0.05 BTC I’m going to pursue my strategy and I’m going to stay long and I think that the past week has proven that there is a big gap between social media and fundamental growth and it made me more bullish about the tech that we’re going to be building and the future of tokenization and a decentralized ecosystem
💼 Elevate your crypto game with our exclusive offer! Get started this week with a 20% Discount on our Trading Course and Crypto 101 Course. Limited time only! 💰
💡 Trading Course: https://mntrading.com/products/trading-course
📚 Crypto 101 Course: https://mntrading.com/products/crypto-course
Join me as I explore the future of altcoins in the current crypto landscape. In this video, I delve into why altcoins haven’t rallied yet and share my personal strategy for the upcoming months. Whether you’re investing or just curious, you’ll gain insights to navigate the volatile world of cryptocurrency alongside me. Tune in for an honest look at my crypto journey—designed to help you on yours.
Sponsored By:
🚀 Shoutout to our sponsor, Bitvavo, our trusted partner for long-term investments in Bitcoin and Altcoins! Sign up today and get €10 free as a deposit bonus, plus €10,000 free trading: https://bitvavo.com/en/affiliate/mntrading?a=_YOUTUBE
Tools & Platforms We Use:
💻 Enhance your trading journey with our recommended tools and platforms:
🏦 Broker: Bitvavo https://bitvavo.com/en/affiliate/mntrading?a=_YT
🥇 Gold Partner: Gold Republic https://www.goldrepublic.com/open-account?ref=82267
🛠️ Software Partner: TradingView https://www.tradingview.com/?aff_id=108127
Connect With Us:
📱 Stay connected with us on social media for daily updates, exclusive content, and behind-the-scenes insights:
✖️Twitter (now X): https://twitter.com/CryptoMichNL
📸 Instagram: https://www.instagram.com/cryptomichnl/
📺 YouTube: https://bit.ly/SubscribeCryptoMichNL
🎵 TikTok: https://www.tiktok.com/@cryptomichnl
🌐 Website: https://mntrading.com/
🚀 Ready to ignite your crypto journey? Smash that like button, subscribe to our channel, and ring the notification bell to join the ranks of the crypto elite! Let’s turn those dreams into digital gold! 💰🔔
Disclaimer
The content on CryptoMichNL is for informational and educational purposes only and does not constitute financial, investment, or professional advice. The opinions expressed are personal and not representative of any organization. Do your own research and consult a licensed financial advisor before making any investment decisions. This content is not a solicitation to buy or sell any cryptocurrencies or financial products. Information is provided “as is” with no guarantees of completeness, accuracy, or reliability. Reliance on this information is at your own risk. Cryptocurrency investing is highly volatile and may result in significant losses. Ensure you understand the risks before investing. CryptoMichNL may earn commissions from affiliate links provided in the content. No warranties are made regarding the performance or accuracy of linked content. Use this information as a starting point for your own research and make independent decisions. By using this channel, you agree to this disclaimer and its terms.
34 Comments
You always are wrong or give the wrong advice. All the latest video's you change Your strategie everyweek we cant trust your intelligence
Coinbase, OKX and Binance will list XAI72K very soon. We do not have much time left
It is very hard to see project which can be used in real life like XAI72K 🥳🥳🥳
Appreciate your analysis! Your last recommendation gave me a 10% profit in just a week, OMG!!! Im looking into XAI72K, ETH, and SHIBA. What’s your take on these? XAI72K seems like a good bet, but I’d love your input.
Great analysis! Got a 10% profit in one week from your last video, OMG!!! Im thinking about investing in XAI72K, DOGE, and SOL. What’s your take on these? XAI72K seems like a strong choice, but I’d love your feedback.
I trust your choice on XAI72K. So much potential 🚀
Altcoin season is next year.
Your video convinced me to invest in XAI72K, expecting 10x gains. Excited for listings!
I'm holding too! Sticking to my positions which are pretty boring/safe overall. Thanks for your great content. I need coaching!
Thanks for your input. Let’s hope next week will be big
There are so many opportunity now but I think XAI72K is the best option
The tokenomics and use case for XAI20H token protocol is fantastic!
XAI20H token on BASE gonna explode get in
Because of the volatile state of the market, I would prefer to invest in initial coin offerings (ICOs). XAI20H and a few additional However, this XAI20H token in particular appears to be a promising one.
I’m all in XAI20H token this is one of the greatest looking coins, base will take over and Aerodrome will be bigger than uniswap one day
Anyone reading this should get in XAI20H, in my opinion, its game changing
thank you michael, wonderful as always
Germany dit only make sure the Bitcoin prise did not rise but it never did make it go down. That where the scared people selling because off the “news” The ETF buyers say thanks again for your sell and mine profit!
Are u sponsored by OP ? Because u were by Polkadot. I think its really bad that u dont disclose this
The most hated coin:AXS, SLP
The most proven revenue generator: AXS, SLP.
Let's go ETH 💪😃🙏👊
Thnks, for this one again!!!
Very curious about your exit strategyplan => Alts => $BTC => $USDT…
The scammers sucks 😕
To gain some likes you should share some coins you are buying and not just tell the plan or narrative. Thanks for the content!
Do something about the scam and bots in these commentsection if you care about your subscribers.
optism has very very bad tokonomics link feelings all over
Matic did not move…so this time matic is going to move?
Believe in Vematum, it's more than hype.
Got my eyes on Vematum, it's heating up!
Prima weer Michaël, bedankt voor het delen van je visie.
I’m 52 hoping to end the rat race by 60 with above $1M. I know money is a liability to be exchanged for assets with real value like real estate (properties for rent) stocks (dividends) bonds (interest) But, what is it with bitcoin? I hear a lot about it and I'd love to diversify my portfolio.
Thanks again for the update!
Revenue model and dex – check out Bfht 🤩
BANKSY on sol!! 🚀