How to find 'high-quality altcoins'?
In fact, we can first take a look at the holdings of the Grayscale fund, which often reveals some altcoins worth paying attention to.
Apart from BTC, there is no doubt that ETH is the most held cryptocurrency by the Grayscale fund. We can also check the trading activities of various ETFs related to ETH to understand the actions of institutions.
Additionally, there are some well-performing mainstream coins recently, such as ETC, LTC, BCH, XLM, etc., that are also held by the Grayscale fund. Coins like LINK and MANA, which have seen significant increases recently, are also included.
By paying attention to data such as premiums and changes in holdings, we can capture the operational trends of large investors or institutions and gauge their opinions on certain altcoins.
After all, cryptocurrencies that can enter the Grayscale fund generally have good fundamentals compared to some other altcoins.
Finally, by adding technical analysis, we can select the most promising altcoins for our medium to long-term investment strategy.
This is Keke's thought process~