Strategist Michaël van de Poppe Names His Top Crypto Assets As Money Flows From Bitcoin to Altcoins

3 years ago 371

Crypto strategist Michaël van de Poppe is unveiling his crypto picks for the new year.

The analyst says a typical crypto money cycle appears to be playing out in real time, with Bitcoin leading the initial charge.

After that, he points to previous cycles in which money eventually moves to mid-cap and then small-cap coins once BTC begins to correct and consolidate.

“We are most likely going to see a correction of Bitcoin sooner or later, the standard 30% correction.

Before that correction happens, we’ve seen that in the previous weeks with Polkadot (DOT), with Cosmos (ATOM), with Cardano (ADA), with Ether (ETH), with VeChain (VET), with Zilliqa (ZIL), all of those big coins have been doing well already and the money goes towards them until Bitcoin starts to accelerate again.”

After investing in large-cap coins, the analyst says he’s interested in the crypto oracle assets Tellor (TRB) and DIA, which are in the same space as Chainlink (LINK) and aim to bridge on-chain and off-chain ecosystems, making it easier to access blockchain and smart contract data.

As for smaller-cap coins, Van de Poppe is focused mostly on second-layer solutions designed to improve the speed of blockchain networks, including Celer Network (CELR), MATIC Network (MATIC), and SKALE Network (SKL).

Van de Poppe says he’s also interested in the nascent DeFi (decentralized finance) market, but won’t take a deep dive at this point due to the high risk involved.

Although he’s paying attention to typical Bitcoin and altcoin cycles, the analyst says most investors would benefit from a simple strategy of buying Bitcoin and Ethereum as the bull cycle plays out.

“And in the end, the index beats 90% of the traders. Just buying a bit of Bitcoin and Ethereum on a weekly or monthly basis will generate you a better ROI than 90% out here. With a more balanced and calm life as well.”

Ultimately, Van de Poppe says he’s not attached to any coin and remains focused on his bottom line.

“I’m not attached to my projects at all. I’m attached to my portfolio and I think you should not be having any bias towards your assets as you would be having a neutral view of what you’re going to do. In the end, my goal is to be gaining a yearly ROI on my portfolio, to defend my wealth in whatever circumstances there are and to grow with that.”

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