
While many investors are waiting for Bitcoin to find its exact bottom, one crypto analyst believes now is the time to gradually accumulate quality altcoins. Instead of trying to perfectly time the market, the analyst says buying fundamentally strong projects during the current correction could pay off over the long term.
The analyst considers TAO one of his highest-conviction picks, citing its strong position in the AI sector. He says the recent pullback offers an attractive entry point and says even if prices decline further, accumulating at current levels could prove rewarding over the next few years.
SUI is another favorite. The analyst argues that current prices present a solid buying opportunity, adding that investors shouldn’t worry if the token dips further. Instead, he recommends continuing to dollar-cost average, believing SUI has long-term upside.
For those looking for a higher-risk opportunity, the analyst points to Monad as a “dark horse” project. Although it’s still early in its development, he says it has the potential to deliver strong returns if its ecosystem grows as expected.
Kaspa also makes the list. The analyst notes that the project has historically performed well during bear markets and sees upcoming developments, including the Toccata upgrade, could act as a catalyst for stronger price action later this year.
The analyst argues that investors focus too much on finding the exact market bottom. Looking back at the 2022 bear market, he points out that Ethereum and BNB reached their lows months before Bitcoin, showing that quality altcoins can bottom ahead of the largest cryptocurrency.
His strategy is to accumulate within a broader bottoming range through dollar-cost averaging rather than waiting for the perfect entry. Even if Bitcoin falls further, he doesn’t expect leading altcoins to lose another 30%–50%, even if Bitcoin declines further. He compared it to buying Bitcoin at $17,000 in 2022, even though it later fell to $15,000, long-term investors still earned good returns.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Ethereum co-founder Vitalik Buterin has landed in Mumbai ahead of Devcon, the Ethereum Foundation’s flagship…
Binance will begin restoring withdrawals on Sunday, November 1, after last week’s record hack, with…
Chainlink is approaching a decisive rice zone, and the road to $20 is anything but…
RENDER is sitting at a critical zone, and the next move could decide whether its…
The global markets are heading into November on a bearish note, displaying uncertainty with rising…
Stacks (STX) is showing signs of a stronger recovery after spending much of October under…