Crypto Investment Opportunities in 2023: Which Coins and Tokens to Watch Out For?
Crypto is a world full of investment opportunities each year whether it's a downtrend or an uptrend there's always a way to make Good investment.
The finest investment a person can make in any field of finances is by doing proper research on their own.
When it comes to investment relying on other analysis, research or coin picks is a kind of biggest mistake in my point of view and I won't give any financial advice.
So, it's 2023 and market is performing as we are nearing towards Halving next year and this opens a countless investment opportunities for many and that's why I made myself cleared which coins and tokens I will watch out for in this year to ride next bull run.
Some of My Coins and Tokens Picks for 2023
It took me quite some time to figure out and decide final picks keeping that Diversification part in mind.
So, coins and tokens I will add in portfolio this Year are:
- Hive
- LEO
- ETH
- BNB
- BCH
These are my picks where I will consider to buy and hold for next bull run and already had bought some from the bottom.
Why Hive
As of now Hive is in top 3 most active Blockchain transactions and in this Web 3.0 ecosystem Fundamentals are strong, new Dapps are being built, Hive Tokenomics are strong technically or fundamentally looks wise investment and also bottom was placed at $0.26 while it is now recovering along with market.
It's all facts as I've been in this ecosystem and have discovered what's going on and where we are heading so that's why I have decided to give more exposure to hive in portfolio.
Leo Potential based on Facts
Leofinance Ecosystem Token $LEO is where I see another investment opportunity.
Talking about facts, Leo team is actively working on development and improvements.
New UI and everything app, microblogging experience enhancement, ad revenue and buybacks or burn these are all reasons I will consider to invest in $LEO and increase my stake.
Other Picks - ETH, BNB, BCH
Instead of BTC I decided to choose ETH as it can perform well in long run and is still valued underrated.
Second major crypto and there's a lot hype around it some believe in ETH flipping BTC. So, on the basis of technical and fundamentals I have added this in my watch out list.
BNB have some extra perk of being major crypto exchange and also it unlocks opportunity to join binance launchpad so that's why it is a Good investment in my opinion.
BCH is already in my portfolio and I believe it will make higher highs in big time frames.
Down from $1650 last bull run to $130 at this point. One mistake I made was not taking profits back in last bull run and cuz of HODL now I'm down -90% in BCH.
So, other than waiting had no option and Fundamentals wise it can outperform this year because of major network upgrade, Cash tokens and smart contracts also hearing about it will become legal tender in St. Kitts said by the PM.
Wrapping up..
I'm still taking time to diversify further and doing research about A.I coins, DAOs or latest technology.
These are some of coins I have and will look for increasing exposure from portfolio based on performance.
As far I think, this year is a time for accumulation and real bull run will begin next year and these higher highs are making thing's quite obvious.
I hope you found my picks worth it and do let me know if you have something to say about my picks in comments.
Your support is much appreciated. Don't Forget to hit Upvote, Comment and Re-blog.
All the content and images are mine except indicated. No copyright infringement intended - No financial advice - DYOR. 21/01/2023.
Posted Using LeoFinance Beta
