Investing in Altcoins

Investing in altcoins seems to be all the rage these days.

And why not?

After all, with the rapid rise in Bitcoin followed by a bit of a sell-off, investors are looking to recreate the success so many early Bitcoin investors had.  Although, to be sure, recreating the Bitcoin juggernaut is highly unlikely.

Still, there are opportunities to make a few bucks by investing in altcoins.

In fact, according to analyst Ekta Mourya, Bitcoin dominance has dipped to 55.8% from last month.  As a result, a handful of altcoins have been picking up some of the slack.  Mourya even noted that more than 75% of the top 100 altcoins have actually been outperforming Bitcoin.  Check it out…

“At 55.81%, over half of the total crypto market value belongs to Bitcoin and the rest of the capital is likely flowing into altcoins.  Typically, a decline in Bitcoin dominance during bull markets is a sign of potentially higher returns on altcoins. 

Bitcoin dominance suddenly drops, signalling the start of an altseason.  A time period where over 75% of the top 100 altcoins consistently outperform BTC in a 90-day timeframe.  The shift occurs in capital flow, and traders capitalize on the opportunity by minimizing exposure to BTC while investing in high-liquidity altcoins.”

Of course, no one can say with exact certainty the daily moves of Bitcoin.  But you can be certain that the smartest crypto investors ensure their crypto portfolio is well-diversified with altcoins.  Some of my favorites include…

• Chainlink
• Ethereum
• Polygon
• Litecoin
• Solana

To be sure, there are literally more than 100 altcoins you can buy today.  So indeed, there’s a lot to sift through.  But there is an easier way to profit from the crypto boom without having to buy a single altcoin.

Investing in Altcoins through the Backdoor

There’s no doubt that the crypto market is one that will deliver for investors for years to come.  It’s just unstoppable at this point.  And I do believe it’s wise to have some crypto in your portfolio.

That being said, I also know that one of the easiest, safest and most profitable ways to play the crypto market is through the companies mining the stuff.  Like this one, for instance, which has already allowed us to score gains in excess of 6,700%.

Based on recent returns, this is the kind of thing that can turn $5,000 into more than $348,200.  And if you don’t believe it, just look at the evidence for yourself.

Indeed, you can always make a few bucks by investing in altcoins. But you can make a lot more money with this bitcoin loophole strategy that’s already delivered quadruple-digit gains.

To a new way of life and a new generation of wealth…

Jeff Siegel

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Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.

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