In a recent video, Lady Of Crypto, a prominent voice in the cryptocurrency space, delves into the must-buy cryptocurrencies for September 2023.
The video underscores the significance of strategically accumulating cryptocurrencies during sluggish or bearish market conditions, offering viewers a roadmap for future financial growth. She also suggests various platforms and tools for effective crypto trading and investment.
What you'll learn 👉
The Market Landscape
Lady Of Crypto kicks off her discussion by describing the current crypto market as “lackluster,” marked by low trading volumes and an absence of significant events to propel Bitcoin’s price. Despite this, she insists that now is an opportune moment for accumulation.
She even speculates that Bitcoin could dip below the $20,000 mark, presenting a golden chance to acquire altcoins at bargain prices.
The presenter outlines her personal investment strategy, which involves maintaining a portfolio consisting of 25% cryptocurrencies and 75% stablecoins. She aims to gradually accumulate five key cryptocurrencies and is prepared to ramp up her investments should Bitcoin take a nosedive.
However, she cautions viewers that she is not a financial advisor and stresses the importance of conducting independent research before making any investment decisions.
Top Picks for September 2023
Ethereum tops her list as a “safe bet,” given that a majority of blockchain projects are either directly or indirectly built on its platform or through layer 2 solutions. She also highlights Ethereum’s deflationary nature, where a portion of its supply is burned over time.
Lady Of Crypto is bullish on GNS, citing its robust use case and its potential to break free from Bitcoin’s influence. She reveals that she made substantial profits from GNS in late 2022 and early 2023 and plans to continue accumulating it.
GMX is another perpetual decentralized exchange (perpdex) that has caught her attention. She praises its unique features and staking options, making it a compelling investment choice.
Corium is identified as a long-term investment, particularly due to its focus on regulatory compliance. She believes that as regulations tighten in the crypto space, Corium and similar cryptocurrencies will appreciate in value. She also discloses her partnership with Corium, clarifying that she has not received any compensation for its mention.
Venom is another regulation-centric crypto that hasn’t been released yet but is already on her watchlist.
Last but not least, Say is a new, application-specific layer-one crypto for perpdexes. Despite its rocky launch, which has led to a lower price, she views this as an attractive buying opportunity.
Lady Of Crypto wraps up her video by urging viewers to invest wisely and avoid putting all their capital into a single investment. She reiterates the importance of a balanced portfolio and encourages viewers to stay informed and vigilant in these volatile markets.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy thetrades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.
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