Analyst Named 3 Altcoins That He Said ‘They Will Do 50x’!

Crypto analyst Stu L claims that the 50X altcoin portfolio selection has been talked about a lot. Therefore, she wants to explain how she did it. He also shares 3 altcoins that he claims will do 50X.

Highlights in the 50X altcoin portfolio

So how do we do it? We don’t act in a vacuum and neither do you. We all have to work in the market conditions we have. cryptocoin.com As you can follow, the entire market fell by 25%. Therefore, we cannot expect to triple our portfolio. Investing just doesn’t work that way. And the market sucks. Simple. But our portfolio does the job, as we are less down-to-earth. Even with a fairly large Bitcoin position. That’s why we use benchmarks and compare our Bitcoin and Ethereum returns over the same period.

We have 10 positions, one of which is a stablecoin. So we have 9 positions that we expect to fluctuate from month to month. Despite our 35% stake in Bitcoin, we are still 6% better than Bitcoin returns since we started this portfolio in September. In addition, we had 3 profitable positions last month and 3 this month. And thanks to market fluctuations, they are not in the same positions. Polygon and Luxo were profitable last month and are also profitable this month. Last month, Fuse made 5% profit for us and is now at a loss. By contrast, our 2nd largest position, BNB, went from a small loss to a 7.75% increase and the biggest gain in dollar terms to $116.46.

Review and evaluation of the rules

In our rules that we outlined last month, we said we would:

• Get some profit with 50% profit
• Reassess after 20% to buy, hold or sell
• Use stablecoins or rebalance only when we see a change in altcoin project view

Altcoin projects added by the analyst to the 50x portfolio

1) The Graph (GRT)

The biggest emerging competitor for The Graph in querying blockchain data is SubQuery. And SubQuery works with 2 of the fastest growing ecosystems: Polkadot and Cosmos. This concerns me. Except for The Graph, current DOT projects Moonriver and Moonbeam work with Cosmos as well.

Is The Graph losing against SubQuery? It doesn’t seem so. So we keep it.

2) Polkadot (DOT)

Outside of Cosmos, DOT is the fastest growing ecosystem out there. Para-chain projects are making big moves like Equilibrium, which we highlighted a few weeks ago. Not only are we holding on, we are considering buying more at these levels.

3) Avalanche (AVAX)

Avalanche is down 28% in just 2 months. However, transactions increased by over 1,500% from November 2021 to November 2022. Subnet strategies seem to work effectively, especially for attracting games to its network. That’s why we’re keeping it here.