Which Cryptocurrency to Buy in September-October 2023

Market Overview Today:

• On average, each crypto market cycle lasts about 4-5 years and is closely tied to Bitcoin’s halving. Given that the crypto market is still young and Bitcoin is just over 10 years old with only three halvings, each halving has initiated a rapid market growth.

What is halving? 

Bitcoin halving is an algorithm that gradually reduces the reward for miners for their work.

• In the fall of 2021, the market reached its all-time high (ATH) with Bitcoin priced at $69,000. This growth cycle ended, leading to a global correction.

• As mentioned earlier, the first half of 2022 saw all markets plummeting. The losses were significant, and most investors suffered greatly.

• By the fall of 2022, most coins had reached their cycle’s bottom, marking the beginning of accumulation by major capitals.

Important Note:

No one buys all the coins they plan to buy at once, except for uninformed investors. Both large and small capitals always accumulate positions in parts, a strategy called “laddering” or “averaging.” The strategy is detailed here. In short, one should buy in parts during local market dips or at specific intervals, like once a month.

According to all analytical forecasts and indirect indicators, as of September 2023, we are approaching the end of the year-long accumulation period. In the near future, we are likely to witness local growth. Currently, most coins are available at attractive prices, but more on that later.

When to Expect Market Growth

The current accumulation phase is nearing its end. By the end of 2023, we might see a local market growth of 30-50% across all cryptocurrencies, with some altcoins potentially surging by more than 100%. Early 2024 might bring a mild market correction of 20-30%, allowing investors who missed out to enter. Spring 2024 may see Bitcoin’s halving, which could be followed by a bull run or rapid market growth lasting until mid-2025 or even 2026.

Why these predictions?

The current Federal Reserve rate is historically high, and the market anticipates at least one more increase in November. Further rate hikes are unlikely as they harm the economy. As soon as inflation shows signs of weakening, we might see the first rate cut, signaling a good time to buy cryptocurrencies.

The “accumulation” market phase has lasted a year. Rarely does it last longer than one and a half years.

Summer is ending, a period when financial markets experience low activity due to vacations. In the fall, markets revive, and large funds become more active in their investments, including in cryptocurrency.

List of Coins to Buy:

Bitcoin (BTC)

The number one coin that should be in your portfolio. Current price: around $27,000. Predicted price by 2025-26: $150,000.

Ethereum (ETH)

The second fundamental coin to watch. Current price: around $1,700. Predicted price in the next growth wave: $7,000 – $10,000. It’s not just a cryptocurrency; it’s a massive infrastructure with the most projects built on it in the crypto market.

SUI and APTOS

These are two new coins in the crypto market, both less than a year old. Both have been invested in by the world’s largest venture funds. Price of SUI: $0.6, and APTOS: $5.8. Even by the most conservative estimates, both coins can yield up to 20x profits.

Cosmos (ATOM)

A project with a team of developers addressing the “most complex problem” faced by the entire crypto industry. It aims to offer an alternative to “slow, expensive, non-scalable, and environmentally harmful” PoW consensus protocols. In 2021, the coin’s price reached $45. It’s currently trading around $7.5, with potential to exceed $150 by 2025-26.

Polkadot (DOT)

  A technology ensuring compatibility between various blockchains. With over 1000 blockchains today, Polkadot boasts perhaps the strongest team in the crypto market. Its leader is one of the creators of Ethereum. At its peak, it reached a price of $55, and is now in the accumulation phase at $4.6. It’s projected to grow 15 times.

Hedera (HBAR)

Currently trading at 5 cents, its technology is touted as the “trust layer of the internet,” a network allowing individuals and companies to create powerful decentralized blockchain-based applications. Hedera has already partnered with giants like Google, IBM, Boeing, LG, and a hundred other global companies. This coin is projected to grow 50-150 times.

Recap

In conclusion, these are not the only cryptocurrencies to consider buying this fall. However, they are market giants with large teams and technologies that address complex issues and are here to stay for years.

Disclaimer: The information provided in this article represents the opinions of experienced market experts and is for informational purposes only. It is not intended as investment advice, trading advice, or any form of financial recommendation. Always conduct your own research and consult with a financial professional before making any investment decisions. Investing in cryptocurrencies involves risks, and past performance is not indicative of future results.