• Dapps: 16.23K
  • Blockchains: 78
  • Active users: 66.47M
  • 30d volume: $303.26B
  • 30d transactions: $879.24M

Van de Poppe’s Strategy: Overview of the New Altcoin Portfolio

by

2 hours ago


Renowned cryptocurrency analyst Michaël Van de Poppe recently shared his updated altcoin portfolio and discussed trading strategies for the anticipated bull market. He focused on new assets with the potential for higher returns.

Current Portfolio Changes

Van de Poppe asserts that the crypto market is entering a 'bull market' phase, presenting an opportune time for traders. He mentions his active participation in the crypto community events such as conferences in Dubai, Singapore, and Amsterdam. Responding to viewer questions, he discusses recent changes in his portfolio, including stepping back from established altcoins like Chainlink in favor of newer projects such as Optimism, Celestia, and Ethereum Name Service.

Trading Advice from Van de Poppe

In his trading strategy, Van de Poppe emphasizes the importance of timing when selling altcoins, advising traders to hold their positions until the market reaches previous highs. He explains the importance of setting defined profit-taking levels using Optimism as an example. This approach mitigates the risk of missing out on substantial gains as the market rallies.

Conclusion of the Analysis

Concluding his analysis, Van de Poppe advises diversifying profit-taking strategies. For instance, if an altcoin has surged significantly, it may be wise to rotate profits into stablecoins or Bitcoin and Ethereum. He believes maintaining a disciplined approach while adapting to market conditions is vital for successful trading.

Van de Poppe recommends investing in new altcoins with strong fundamentals and lower fully diluted valuations to increase chances for higher gains in the upcoming bull market.

0

Share

Other news

Polimec: Banxa Integration Streamlines Web3 Fundraising on Polkadot with Fiat Payments

Polimec now supports Banxa for easy participation in Web3 projects via fiat payments, simplifying investments.

12 minutes ago

Bitcoin: Whale Activity Analysis and Potential Scenarios

Bitcoin struggles with $68,300 resistance, amid rising whale activity. Explore potential scenarios and market dynamics.

13 minutes ago

Ethereum: Pectra Update and Innovations in EIP 7742 and EIP 3074

Ethereum gears up for Pectra update with EIP 7742 and EIP 3074, enhancing network flexibility and efficiency.

13 minutes ago

Hayes and Sighduck Invest in GOAT Meme Token as Price Surges 270%

Arthur Hayes and Sighduck invest in Solana's GOAT meme token, seeing a 270% price increase.

13 minutes ago

Ripple and Its Future: XRP in Analysts' Focus

Analysts forecast an exciting future for XRP. Learn about Ripple’s lawsuit and new partnerships.

14 minutes ago

Worldcoin Introduces World Chain: A New Blockchain Future

Worldcoin unveils World Chain, a new blockchain built on OP Stack, enhancing user interaction with crypto networks.

15 minutes ago

dapp expert logo
© 2020. DappExpert. All rights reserved.
© 2020. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.