Is it time to start buying cryptocurrency alt coins like Ethereum, Solana and Moonriver again??

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In this video Milton talks about what alt coins he started buying this week and why.

Timestamps:
0:00 - Intro
1:22- Taking stock of Investment Strategy
4:52 - Blue Chips I'm DCAing into
8:07 - Moonriver
9:58 - Solarbeam
11:40 - RomeDao
14:17 - Sora/Polkaswap
15:26 - Kilt
16:03 - Conclusion


A cryptocurrency is a digital asset that you can use as a form of exchange or investment. Key Points Cryptocurrency is broadly defined as a currency that exists in a distributed and decentralized ledger in the form of tokens or \\\"coins\\\".

On top of that, the cryptocurrency field has expanded dramatically since Bitcoin launched over a decade ago, and the next big digital token could be released tomorrow. The explosive growth in popularity of bitcoin has led to the growth of dozens of other cryptocurrencies. Meanwhile, companies are betting that blockchain, the technology behind bitcoin, has the potential to revolutionize the economy, leading to a dramatic increase in the number of blockchain projects.

It should come as no surprise that Bitcoin remains the most popular and highly invested cryptocurrency, but there are a large number of altcoins that are definitely worth investing in. In this regard, take a look at the top 10 cryptocurrencies with more potential than Bitcoin - altcoins that should definitely go into your investment portfolio.

Ethereum, which tops the list of cryptocurrencies with more potential than Bitcoin, surprises no one. At the time of this writing, Bitcoin accounts for over 40% of the total cryptocurrency market capitalization, and on Ethereum, over 20%. Altcoins continue to capture most of the market capitalization of cryptocurrencies and investors.

Crypto analyst Youtube points out that he believes the top 5 tokens will have a bullish end of the year. Today, according to Youtube cryptanalyst Chico Crypto, the top 5 altcoins are in the spotlight and have a very optimistic end of the year.

To help you navigate, these are the top 10 cryptocurrencies based on their market cap, which is the total value of all coins currently in circulation. However, they all share the same nickname - every coin issued after Bitcoin is considered an altcoin. Some of these coins are very similar to Bitcoin, with only one or two modified features (like Litecoin), while others are very different, with different security, issuance and governance models.

Before we take a closer look at some of the alternatives to Bitcoin, let us take a step back and quickly understand what we mean by terms such as cryptocurrencies and altcoins. There are thousands of different cryptocurrencies, from Bitcoin and Ethereum to Dogecoin and Tether, and they will leave you at a loss when you start to enter the world of cryptocurrencies. At CoinMarketCap, we are working hard to ensure that all relevant and up-to-date information about cryptocurrencies, coins, and tokens can be placed in an easily identifiable place. CoinMarketCap does not provide financial or investment advice on which cryptocurrencies, tokens or assets to make or not make good investments, nor does it provide advice on when to buy or sell.

As with any investment, especially in the crypto space, avoid investing money that is uncomfortable for you to lose, given the volatility of the space. Thus, while some speculative investors with high risk tolerance try to time-to-enter and enter the altcoin market at low prices, experts suggest that most investors keep their cryptocurrencies at less than 5% of their portfolio. And they stick to the two most common currencies - Bitcoin and Ethereum. In addition, traders and investors are always eager to find out which cryptocurrency is the best to invest or trade in.

Cryptocurrency exchanges exchange different coins and tokens, making it easy to buy and invest for all categories of traders. Some of these exchanges provide e-wallets for storing your coins so that you can keep them all in one place and keep track of your investments. With the exception of Bitcoin Cash and Ethereum, buying alternative coins usually starts with buying Bitcoin or Ethereum on an exchange like Coinbase and then on another exchange.

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Category
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