Finans Uzmanı: Bu 6 Altcoin’e Bakın! Hepsinde Boğayım

Watch these 7 altcoins as crypto makes a comeback in 2022, says the bitcoin-HODLing president of a Florida estate-planning firm

• Investing in cryptocurrencies can turn rags into riches — or riches into rags.
• Craig Kirsner, the president of a wealth-advisory firm, is a longtime crypto investor and bull.
• Here are seven altcoins Kirsner said he’s bullish on as cryptos head for new highs in 2022.

Craig Kirsner isn’t your typical retirement planner.

The president of Stuart Estate Planning Wealth Advisors in Florida has an affinity for cryptocurrencies — even though he can’t recommend them to his mostly septuagenarian and octogenarian clients. While Kirsner’s clients could, in theory, multiply their money with a bit of luck, they could also see their hard-earned nest eggs disappear if cryptos come crashing down.

“There’s a lot of speculation,” Kirsner told Insider in a recent interview. “I mean, frankly, people are buying to make money, and there’s people making a ton of money in this stuff. It’s also speculation, just like any higher-risk assets, with higher upside and higher downside.”

Crypto may be taboo at Kirsner’s job, but that doesn’t keep him from investing in it on his own. The wealth adviser said he kept 5% of his net değer in cryptocurrencies, even though he knows it could go to zero.

Despite the risks, Kirsner is proud to HODL — “hold on for dear life” — to bitcoin, which he says he’s owned “for the past four or five years,” through every twist, turn, and bear market the world’s largest cryptocurrency has recently experienced.

Like other bitcoin bulls, Kirsner was convinced the token would approach $100,000 in 2021, in part because of concerns about a weaker dollar as the Federal Rezerv rapidly printed money. He told Insider in September that he believed bitcoin would hit $90,000 in the year’s final four months, but that prediction never came true. Bitcoin topped out at $68,990 in early November.

Kirsner said his bitcoin price target fell flat because of the Fed’s response to rapidly rising inflation. The US central bank began to hint that it would need to hike interest rates sooner than expected; those hit risky assets like high-flying stocks and cryptos hardest.

“Now more and more, crypto has been following the ups and downs of the stock market, and the stock market has been following for years the ups and downs of the Federal Reserve’s policies,” Kirsner said.

Kirsner continued: “Just like the market has taken a hit over the last couple of weeks as it digests news of a non-accommodative Fed and rising interest rates, bitcoin is reacting as well, along with all highly appreciated assets. Everything’s taken a pullback.”

In theory, digital assets like bitcoin should be a hedge against inflation — in reality, that appears not to be the case. Bitcoin is down 36% since October inflation data came out on November 10. But that’s because bitcoin is less of a hedge against inflation and more like a hedge against the US dollar, Kirsner said, adding that the nation is approaching $30 trillion in debt.

“Obviously there’s a growing amount of people that are not happy with what’s happening in politics and everything,” Kirsner said. “So maybe they’re reaching for something that’s out of that control.”

Kirsner is confident that investors will increasingly turn to bitcoin as adoption rates climb, leading to higher highs for the cryptocurrency. As investing stalwarts like MassMutual enter the crypto market, Kirsner believes it’s only a matter of time before a wider variety of investors warm to digital coins, he said.

Altcoins to watch as crypto grows

The multibillion-dollar question: If crypto really is the future, which tokens will fare best?

Predicting which altcoins — commonly defined as non-bitcoin cryptocurrencies — will be around in a decade is like guessing in 2000 which technology firms would survive the tech bubble. Though prognosticating with a high degree of certainty is impossible, Kirsner is willing to try.

Below are seven altcoins Kirsner said he was bullish on in 2022, along with their symbols, their market capitalizations, their use cases, and his thesis for each. Kirsner said he owned three of them — ethereum, cardano, and litecoin — and may soon build positions in the other four.

1. Ether

CoinMarketCap

Symbol: ETH

Market cap: $373.7 billion

Use case: The native token of ethereum, a decentralized, open-source smart-contract platform that hosts decentralized apps and other cryptocurrencies

Thesis: Ethereum is entrenched because of its scale and will be hard to topple anytime soon, even if some of its competitors have superior platforms.

“Ethereum is definitely the top alternative to bitcoin, and everybody’s using it,” Kirsner said. “It’s not the greatest, but it’s very widely used.”

Kirsner added: “It could be displaced by solana or even cardano. It definitely could be displaced. Whenever you get into any of these, you have to pick a point where you’re in. And then the most important thing is to say if it goes to a certain level, either get out or take some profits on the way out. That’s always a good rule of thumb. And then also have a point where you say if it goes down past a certain point, you just get out.”

2. Cardano

CoinMarketCap

Symbol: ADA

Market cap: $48.8 billion

Use case: A proof-of-stake platform that allows developers to build decentralized apps on its blockchain

Thesis: Cardano is one of several altcoins that could emerge as a top competitor to ethereum.

“Cardano, I think, has a lot of promise to challenge ethereum,” Kirsner said. “It’s like the third-generation crypto. So bitcoin’s the first generation, ethereum’s the second generation, cardano is really the third generation, so we think there’s some opportunity there.”

In September, Kirsner called cardano “the Rolls-Royce of cryptocurrency” because of features that promise to “improve scalability, security, and sustainability which creates more usefulness, addresses flaws, and rectifies inefficiencies.”

3. Litecoin

CoinMarketCap

Symbol: LTC

Market cap: $9.8 billion

Use case: A token influenced by bitcoin’s protocol that was designed to facilitate quick, cheap, and secure payments

Thesis: This bitcoin alternative is faster and cheaper than the world’s largest crypto.

“It’s basically nearly identical to bitcoin in terms of use and design,” Kirsner said. “But it has a reduced transaction confirmation time and potentially much lower costs. It could be as much as 50 times lower cost, depending on market conditions.”

4. Voyager token

CoinMarketCap

Symbol: VGX

Market cap: $654 million

Use case: The native token of a crypto broker that allows investors to trade over 70 tokens and earn rewards by staking through their platform

Thesis: Voyager could become one of the largest cryptocurrency trading platforms.

“That’s one of the better platforms to trade on, and they have their own Voyager token that I think definitely has some opportunity as well,” Kirsner said.

In September, Kirsner said Voyager had the potential to be a “big player in the exchange platform field,” adding that it was “still early” to get in on its native token. VGX has corrected by roughly 23% since then.

5. Terra

CoinMarketCap

Symbol: LUNA

Market cap: $27.6 billion

Use case: A system that promises to peg stablecoins to fiat currencies to create a stable digital asset payment infrastructure while offering speed, affordability, and censorship resistance

Thesis: This blockchain protocol can build on its 2021 momentum in digital payments.

Kirsner didn’t offer any new commentary on terra but told Insider in September that the token was his “favorite coin” because it offered “lower fees, more stability, and seamless cross-border exchanges” and had a team that’s “one of the smartest” he’d seen in the crypto industry.

6. Solana

CoinMarketCap

Symbol: SOL

Market cap: $42.8 billion

Use case: An open-source project designed to support decentralized apps with greater scalability through both proof-of-history and proof-of-stake consensus mechanisms

Thesis: This network’s speed and scale make it one of the biggest threats to ethereum.

“Solana is getting faster and faster,” Kirsner said. “Bank of America came out and said that it could be the Visa of the digital-asset ecosystem because of its low cost and ease of use. And they claim to be able to support right now an industry-leading 65,000 transactions per second.”

7. NEAR protocol

CoinMarketCap

Symbol: NEAR

Market cap: $10.5 billion

Use case: A decentralized application platform that promises faster speeds and better interoperability

Thesis: This lesser-known altcoin can separate itself from the crowd thanks to its speed and cheapness.

“They claim high speeds, low fees,” Kirsner said. “NEAR is definitely one that looks like a way to kind of create new experiences.”