The speaker analyzes various crypto assets, considering both potential reward and risk, focusing on those with the potential for significant gains in the short term while managing risk. Several cryptocurrencies are highlighted as Black Friday opportunities due to their current price relative to previous all-time highs, including Ethereum, Dogecoin, Cardano, and Avalanche. The speaker also predicts that December will likely be a strong month for Bitcoin and other cryptocurrencies, potentially followed by a correction.
Altcoin Selection Criteria
• 00:01:30 The speaker emphasizes that selecting altcoins should consider both potential reward and risk. Most people only focus on potential multiples, ignoring the risk of losing money, which is a key factor to consider. The speaker's selection criteria focus on the top 100 cryptocurrencies by market cap, with the top 10 offering the best risk-reward ratio.
Ethereum Prediction
• 00:06:13 Ethereum is considered a good bet because its price is still below its previous all-time high, presenting an opportunity for a significant return. The speaker anticipates a rotation from Bitcoin to Ethereum and predicts fast gains in December or January, with relatively low risk of losing money.
Top 10 Crypto Opportunities
• 00:07:08 The speaker evaluates the top 10 cryptocurrencies against their previous all-time highs. Some, like Solana and BNB, have already reached their highs, offering limited short-term opportunities. Others, like Dogecoin, Cardano, and Avalanche, have significant potential to rise back to their previous all-time highs, with a good risk-reward profile.
Ethereum Name Service (ENS)
• 00:12:15 The speaker shares his recent investment in Ethereum Name Service (ENS), highlighting its potential for significant gains if there is a rotation back into Ethereum. This Ethereum-related asset offers the potential for large multiples, and the speaker expects another significant revaluation in the next 1-2 months.
December Crypto Price Prediction
• 00:15:03 Based on historical data from previous halving years (2016 and 2020), the speaker predicts a strong December for Bitcoin, potentially breaking the 100K mark, likely followed by a correction. The speaker also expects Ethereum and other altcoins to experience a positive jump, potentially accelerating some of the revaluations discussed earlier.