Replies to post #2445 on ~All Crypto~De-Fi~Reflections~Micros~Large Cap Cry

[lakers17]

Yes, you are correct. But I am using penny stock profits to play. Will we ever see another DOGE or SHIB again? Who knows. I like trading in Roths and most you can't trade them there, especially the micros. Record keeping and taxes would be a headache. I tend to hold but it has sucked watching money erode. If BTC doesn't come back we will be watching for a long time, as most follow BTC. That's why I loved the new Smart DeFi ones but then they get hacked. LOL

[xZx]

i've been thinking a lot lately about where the biggest leverage will be once the crypto bull reawakens.

AVAX is the native token for avalanche network, which is a newish blockchain, but it's been around long enough now to prove itself, and so far it's gaining decent traction, even during the bear.

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169084582

i created a new board for AVAX and associated plays.

https://investorshub.advfn.com/Avax-Ecosystem-Tokens-41234

smartdefi was a good concept with poor execution, and it was underfunded.

AVAX is another developing ecosystem, but it's got big money backers, gets good media coverage, has strong presentation on social media, and has been around enough to feel very solid.

here's a look at some of the top token using avalanche by market cap:

https://coinmarketcap.com/view/avalanche-ecosystem/

i'm sure you've heard of the bigger names. but scroll down. it's a very long list. near the bottom, or a few rungs up the ladder off the bottom, there are lots of much smaller tokens, so that's where i see the best leverage.

what's nice is these tokens are lower priced but so far all i checked out are trading on CEXs as well as DEXs.

more about the leverage:

AVAX token is beaten down. so if it's trading for 1/6 it's value at the highs, and you can load up tokens that are beaten down on USD pairs, once the market returns you get the 6X leverage of AVAX returning to its top of range, plus you get the leverage of tokens moving off their chart bottoms.

as AVAX gains even more traction, beyond that initial leverage -- you get whatever additional upside AVAX has, it if can move from $24, to $150, to $1500 or higher.