😱🔥Arthur Hayes Best Altcoin Picks for May 2024: Buy Now for Maximum Profit!
Might Sunday, Hayes describes the recent drop in the crypto market as a "necessary cleanup" and attributes it to various factors such as the US tax season, speculation around the Federal Reserve's May decision, and Bitcoin halving activity. During this period, Bitcoin itself also experienced a correction of 12%.
Not to miss the opportunity!
Instead of viewing the setback as a negative, Hayes sees it as an important opportunity for conscious investors to buy crypto assets such as Bitcoin, Ether and high beta altcoins at discounted prices. He likens this stage to the process of weeding out speculative traders or "tourists" from the crypto Sunday.
The Most Preferred For The Month of May
Hayes suggests a balanced approach for May and advocates a focus on established cryptocurrencies such as Bitcoin and Ether for their durability. In addition, he suggests following promising altcoins such as Solana (#SOL ), Dogwifhat (WIF) and Dogecoin (#DOGE ) for potential October earnings.
Hayes suggests that accumulating such significant assets during market corrections can help investors achieve significant returns when the market stabilizes and begins to rise. Highlighting the potential gains of investing in crypto during the summer, he describes his approach as "Buy in May and Walk Away".
"May 1 is a short discussion about the recent Fed, US Treasury and bank bailout policies. It is money printing in disguise. Therefore, I'm re-entering the Sunday with super shitty shitty money.”
It's Time to Be Strategic
In a candid move, Hayes discusses his interest in exploring lesser-known altcoins and uses recent monetary policies to his advantage. This includes short-term games such as Dogecoin and Solana, as well as long-term bets on tokens such as Pendle (PENDLE).
Arthur Hayes sees the recent decline in crypto as a chance to buy Bitcoin, Ether and other altcoins at discounted prices..
