Experienced Crypto Analyst Warns: “Stay Away from These Three Major Altcoins for Now”
Cryptocurrency analyst Joao Wedson has warned investors to be cautious following the recent uptrend. He claimed that current levels are unattractive, particularly for XRP, Solana (SOL), and Binance Coin (BNB).
“These coins have already risen too much, the risk/reward ratio is no longer in favor of investors,” Wedson said, arguing that the same point has been reached even for Bitcoin (BTC): “Market makers are aware of this. We need to think twice about BTC.”
Wedson stated that his strategy focuses on projects that have not yet experienced significant growth and are showing signs of exiting the accumulation phase. He emphasized that investors should act based on logical and measurable data rather than emotional attachment, saying:
“Don’t invest just because you like Project A or B. That will only make you a fan. The important thing is to choose investments that are logical, measurable, and offer a solid risk/reward ratio.”
Wedson cited the purchase of Zcash (ZEC) as an example. Recalling that his company acquired ZEC at low prices, he said, “Everyone was saying it was dead, a useless Bitcoin clone. We bought it right then. What we learned is: buy when no one wants it, sell when everyone is after it.”
*This is not investment advice.