Thesis: during the bear market and until significant price momentum builds to bring new participants into the market, alts will primarily be used by whales as a method by which to manufacture BTC for the next bull run. In so doing, they will have to move funds between high caps in cycles in order to do so, because not enough new money will be entering the market to fuel a market-wide uptrend. Thus, determining which coins have exhausted their runs and which coins are next in the cycle should be very advantageous to those looking to stack BTC during this reset period. To that end, I've normalized each coin in the current top-12 in marketcap to their late 2017 and early 2018 highs, adjusting BTC by its USD high at the time and adjusting all altcoins by their BTC ratio high in the relevant period. I believe this idea has merit - jumping on the "cheap" majors when I first put this idea out there would have enabled one to get in on ADA before it started rising from its range low, and it would have really made BCH stick out as the last remaining major to not have a 2019 pump until just this week.
Looking forward, I would be trying to target majors that are going sideways or coming off of recent declines and that are cheaply price relative to the other alts that would fit that bill. To me, that means that XRP, TRX, and particularly ETH are attractive options to pile in on if you are in a risk-on mode towards highcaps.
Looking forward, I would be trying to target majors that are going sideways or coming off of recent declines and that are cheaply price relative to the other alts that would fit that bill. To me, that means that XRP, TRX, and particularly ETH are attractive options to pile in on if you are in a risk-on mode towards highcaps.
