Experts share the cryptocurrencies they buy

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Thousands of cryptocurrencies now exist. It can be difficult to pick winners in such a crowded space. Insider asked several experts where they see the biggest opportunities in altcoins. Loading Something is loading.

Cryptocurrencies have exploded in popularity in recent months. Of course, the most popular is still bitcoin.

But other smaller cryptos are also gaining ground, as the concept of digital currencies continues to creep into public consciousness.

However, it can be difficult to know which cryptocurrencies to invest in, or whether you should in the first place. There are currently thousands of different types of parts on the market. And some like dogecoin, which was founded as a joke, don’t seem serious. Others, like some built on the Ethereum blockchain, seem to have better use cases.

Crypto is an esoteric field whose intricacies can be difficult to understand, especially for those new to space.

To help reduce the noise, Insider spoke to several experts about non-bitcoin altcoin cryptocurrencies that they believe have the best potential. These experts also described the fundamentals and techniques that make these altcoins attractive. Their opinions are shared in the articles below.

Adrien Zduczyk. Adrian zduczyk

Crypto technical analyst Adrian Zduczyk says some altcoins are expected to outperform bitcoin in “legendary” ways. Zduczyk is the founder and CEO of Birb Nest, a trading platform. He shared with us five altcoins which he believes could increase 10 to 100 times.

Matthew Sigel is the Head of Digital Asset Research at VanEck. VanEck

Ethereum is the second largest cryptocurrency at the moment, behind bitcoin. But it has issues like expensive transaction fees. Matthew Sigel, head of digital asset research at VanEck, shares three altcoins to compete with the ether.

Sasha Fleyshman is Special Situations Analyst and Junior Analyst at Arca, Digital Asset Manager. Arca

Sasha Fleyshman interned at Arca in 2018 in their crypto asset management team. Today, he is an analyst at the firm, which focuses on digital assets. He shared with Insider four altcoins his team is optimistic about.

Dogecoin is a ‘meme’ cryptocurrency, apparently created as a joke Yuriko Nakao / Getty

When dogecoin rose over 12,000% to $ 0.68 earlier this year, it shocked the investment community. It has since cooled, although its price has increased in recent weeks. It is now around $ 0.027. What will he do next? Chainalysis Chief Economist Philip Gradwell explained why he thinks it will go to $ 1.

Nurphoto crypto coin circle

Insider recently hosted a live webcast featuring two crypto experts. They shared their views on everything from the recent crisis to the possibility of regulation.

Marnie Griffiths / Getty

As some altcoins have shown, there is huge potential for crypto appreciation outside of bitcoin. David Gokhshtein is an investor looking to take advantage of these opportunities. He shared two altcoins that he is optimistic about.

Mack Lorden, left, and Lucas Dimos are TikTok crypto influencers. Mack Lorden and Lucas Dimos

The larger crypto space has just gone through a rough patch after huge gains earlier this year. Like any asset class, it has its bullish and bearish markets. When crypto bear markets arrive, crypto influencers Mack Lorden and Lucas Dimos told us that six altcoins in particular are helping them cover their losses.

Many investors are excited about the uses of the Ethereum network. SOPA Images / Getty Images

Many altcoins are built on the Ethereum blockchain. Aya Kantorovich, head of institutional coverage for the FalconX crypto exchange, shared nine coins built on the ethereum blockchain that she says have strong use cases.

“Personally, I always love the parts with diligence,” Kantorovich said.

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