Anything we say about how the crypto winter of 2022 was for the market, will be an understatement. Many well reputed but intrinsically flawed enterprises collapsed and protocols were forced to reinvent themselves. The bear run took over the industry and a lot of investors we left in a tricky position. However, 2023 has proven to be a year of recovery and growth for the entire market. 

We are gradually witnessing an accelerated price amplification in the industry, which I believe is the best time for you to add some more tokens to your portfolio. The recent surge in asset prices that we are talking about was especially highlighted by Bitcoin’s growth in value, which has also led many industry experts to assume that we might be heading for a bull run. 

BTC is already up by more than 45% YTD (as of July 2nd, 2023) and looks like we are preparing for the bull run.

BTC trading July

Bitazu Capital

Is July a Good Time to Invest in Cryptocurrency?

Today, not many are talking about taking position in crypto, specially altcoins. Influencers are almost hiding. There’s not much happening in Youtube regarding crypto that we are used to seeing during bull markets. This is a SIGN that the RIGHT time for investing in cryptocurrency in now.

How to Position Yourself for the next Crypto Bull Run?

Positioning yourself for the next crypto bull run involves a combination of strategic planning, research, and risk management. While I can provide some general guidelines, please note that investing in cryptocurrencies carries risks, and it’s essential to do your own due diligence and consider seeking professional financial advice.

Here are some steps you can consider:

Research and Education

Gain a solid understanding of cryptocurrencies, blockchain technology, and the factors that influence the crypto market. Stay updated with the latest news, trends, and developments in the crypto space. The best time is now. You have ample time to learn about the projects, before you chose to invest. The more knowledge you will have, the higher your conviction will be to HODL tightly throughout the bear market.

Define Your Investment Goals and Risk Tolerance

Determine your investment objectives, whether they are long-term wealth accumulation or short-term gains. Assess your risk tolerance, as crypto markets can be highly volatile. Understand that bull market is not going to start right tomorrow. If history is to be repeated, crypto may see a bull run again in 2025. You need patience to hold.

Set a Budget and Diversify Your Portfolio

Determine the amount of money you can afford to invest in cryptocurrencies without compromising your financial stability. It’s generally recommended to only invest what you can afford to lose since crypto investments can be risky. For a general rule that I personally follow, if you have 100USD to invest, do not put more than 10USD in crypto. Because, the crypto market is very volatile and we have seen a good correction already, even with very small amount, you can generate a considerable amount of wealth. And incase things go south, it would not pain you much.

Coming to diversification, avoid putting all your eggs in one basket. Diversify your crypto holdings by investing in a range of cryptocurrencies with different use cases and market capitalizations. This can help spread the risk and increase the potential for returns. In the list mentioned below, I have mentioned how much you should be holding approximately.

Conduct Fundamental and Technical Analysis

Evaluate the fundamental factors that can affect the value and potential of a cryptocurrency. Consider factors like the technology, team behind the project, partnerships, adoption rate, and market demand. Learn basic technical analysis tools and indicators to analyze price charts and identify trends, support, and resistance levels. This can help you make informed decisions about entry and exit points. Learn about onchain analysis. We already have a lot of articles on our website that you can use to learn about various onchain analysis tools like Tokenterminal, Defillama etc.

Lumpsum + Dollar-Cost Averaging

Since we already have seen a major correction, you can start with partial lumpsum. This is recommended for someone who has not yet invested in cryptocurrency. If you are already invested, you can start using a strategy called dollar-cost averaging. This involves regularly investing a fixed amount of money at predetermined intervals, regardless of the cryptocurrency’s price. This strategy helps to reduce the impact of short-term price fluctuations.

Stay Informed and Adapt

Continuously monitor the crypto market, industry trends, and regulatory developments. Be prepared to adapt your strategy as market conditions change.

Set realistic goals

Don’t expect to make a fortune in the next bull run. Set realistic goals and be prepared to lose some money. Having said that, since we are starting now, I think the chances of making money is much higher than losing it. Remember, we will not be building postion in the next bull run. And instead start selling, when everyone starts talking about your holdings. Before you invest, have a plan for how you’re going to sell your cryptocurrency. This will help you avoid making emotional decisions when the market is volatile.

List of Top Ten Cryptocurrencies to Buy in July

We are all aware of how extremely volatile and unpredictable the cryptocurrency industry is often termed to be high risk high reward. Keeping in mind the signs and analytics, the state of the market right now poses a great opportunity for users to invest in some coins and reap huge benefits in the bull run. However, in a day and age where new platforms and projects and launched every day, how can one decade on the best investment opportunities?

Well, do not fear. In this article, I will guide you through the top ten cryptocurrencies you can purchase before the next crypto bull run

In 2023, the following altcoins are the top ten alternatives to Bitcoin.

  • Bitcoin (BTC)
  • Ethereum (ETH)
  • Matic (MATIC)
  • Binance Coin (BNB) 
  • Litecoin (LTC)
  • Chainlink (LINK)
  • Fantom (FTM)
  • Aave (AAVE)
  • Sandbox (SAND)
  • Pepe Coin (PEPE)

Bitcoin (BTC)

Who doesn’t know what Bitcoin is? This digital asset was dubbed the very first cryptocurrency that was launched back in 2009. Bitcoin is the brainchild of an anonymous creator who goes by the name of Satoshi Nakamoto. Since its introduction this pioneer coin has been through a role coaster ride. Bitcoin has seen put up and downs, however still remains to be considered the most popular and reliable cryptocurrency today. It boasts of a strong network of backers and has been embraced by several well know Enterprises. This has been a major contributor towards bringing in the credibility of Bitcoin.

Also Read: Is Bitcoin Repeating Previous Cycles?

What percentage of BTC should you be holding in your portfolio for the next bull run? Minimum 50% is recommended.

  • Current Price: $30,569.
  • % Drop since ATH: -56%

Ethereum (ETH)

Following the first steps of Bitcoin in 2015 we saw the introduction of another very solid blockchain technology- Ethereum. Ethereum is the most decentralised smart contract platform that is powered by the native currency of ETH, which is currently at the position of the second largest country as per the market cap.

The network functions as a decentralized protocol pushing for the innovation of smart contracts and decentralized applications (dApps). This is why it is also often nicknamed as the “world computer“. Ever since its launch, Ethereum has reflected massive growth and the potential to be a digital asset we can rely on. 

Learn more about: Fundamental Analysis of Ethereum: Is ETH a good long term hold?

What percentage of ETH should you be holding in your portfolio for the next bull run? Minimum 20-25% is recommended.

  • Current Price: $1,918
  • % Drop since ATH: -61%

Polygon (MATIC)

If you are in search of a layer 2 blockchain built under Ethereum blockchain, then Polygon (MATIC) is your answer. This protocol works in a decentralised and open-source manner putting in efforts to improve the scalability and optimise the gas fees of the founding network. Much like other blockchain Technologies, Polygon also functions with the help of its native token known as MATIC. This is an ERC-20 token which comes especially handy while looking to settle transaction charges and participate in staking opportunities. Since Polygon employs the layer 2 scaling mechanism it can offer users very speedy and affordable transactions

Check out: Polygon (MATIC) Price Prediction: Can MATIC reach 500INR?

What percentage of POLYGON should you be holding in your portfolio for the next bull run? 4% to 5% is recommended.

  • Current Price: $0.67
  • % Drop since ATH: -77%

Binance Coin (BNB)

Moving on to the next coin, we have the BNB. BNB is the native token of Binance exchange which is in fact the largest cryptocurrency exchange on a global scale. Looking at the history of this crypto coin we can see that BNB initially functioned over the Ethereum network as it was launched in the form of an ERC 20 token.

Later it underwent its own mainnet launch while enjoying the security benefits provided by the consensus mechanism of Tendermint byzantine-fault-tolerant (BFT) technology. Holders of the Binance Coin can also enjoy the benefits of additional discounts on trading fees.

Read up on: BNB Price Prediction: Can BNB reach 1000USD?

What percentage of BNB should you be holding in your portfolio for the next bull run? 4% to 5% is recommended.

  • Current Price: $245.85
  • % Drop since ATH: -65%

Litecoin (LTC)

2011 saw the birth of another cryptocurrency see called Litecoin (LTC). This new protocol was founded essentially with inspiration from the Bitcoin network but came with considerable transformations. The Litecoin network Has the ability to give users the power of getting the transaction verified in an instant. This verification speed is much faster when compared to Bitcoin . Over the years Litecoin Has been constantly reinventing itself. For example, in 2017 they adopted the Segregated Witness (SegWit) which had a ripple effect in making the trades a lot more efficient.  

Know more about: Litecoin (LTC) Halving Date, Price History and Countdown

What percentage of LTC should you be holding in your portfolio for the next bull run? 3% is recommended.

  • Current Price: $111.7
  • % Drop since ATH: -73%

Chainlink (LINK)

Let us shift focus to the next coin – LINK which is native to the Chainlink platform. Chainlink is essentially an Oracle network which is decentralized and helps in linking smart contracts to external data sources. This means that through the protocol integrating Real world analytics like stock prices or weather information into smart contracts becomes a very real possibility. Chainlink maintains the security of the network via the use of nodes that aid in the process of tamper-proofing the data. The LINK token often comes into play when users have to pay for several services and data available on the platform 

Also check: LINK Price Prediction

What percentage of LINK should you be holding in your portfolio for the next bull run? 3% is recommended.

  • Current Price: $6.43
  • % Drop since ATH: -88%

Fantom (FTM)

If you are in search of an EVM-compatible blocking protocol that is not only top in its safety features but also is extremely scalable then you must look towards Fantom (FTM). The Fantom network is a safe and efficient platform focusing on decentralized applications (dApps) and virtual currencies. One of the best parts of the platform is that it employs a consensus mechanism known as Lachesis, which is extremely one of a kind. It helps in establishing an ecosystem which works on minimal transaction fees whilst also providing high throughput.

What percentage of FTM should you be holding in your portfolio for the next bull run? 3% is recommended.

  • Current Price: $0.305
  • % Drop since ATH: -91%

Aave (AAVE)

Back in 2017, founder Stani Kulechov Introduced his creation Aave (AAVE) to the world. Aave Is known to work as a lending and borrowing protocol that comes with decentralized principles. Through Aave, Uses can easily borrow as well as lend several amounts in Crypto with the added benefits of trustlessness and security. Since it works over the Ethereum network it uses its smart contract Technology to provide what it offers. But the benefits don’t end there. Aave also has interest rates that are competitive which is always useful. 

Read more: What is Aave? Is Aave a good buy in 2023?

What percentage of AAVE should you be holding in your portfolio for the next bull run? A minimum 2.5% is recommended.

  • Current Price: $70.5
  • % Drop since ATH: -89%

Sandbox (SAND)

The metaverse being a leading industry today Sandbox can be seen as a viable investment opportunity. It is a metaverse platform that is able to give users innovative experiences. With the aim of becoming the world’s largest blockchain waves social media service, Sandbox works on a solid foundation and a long-term approach. In addition to this, the platform has also integrated several new and exciting technologies, for example, NFTs and play-to-earn games, into its ecosystem. Owing to these reasons, the native token of the platform SAND has gained a lot of popularity. 

Learn about: What is Sandbox? SAND Price prediction

What percentage of SAND should you be holding in your portfolio for the next bull run? A minimum 2.5% is recommended.

  • Current Price: $0.44
  • % Drop since ATH: -95%

Pepe Coin (PEPE)

The last coin in this list is Pepecoin. Being a digital coin that is actually founded on the very popular Pepe the Frog meme, the sceptics thought that PEPE might not be very valuable since it is a meme coin. However, since its launch, it has grown substantially in its value. During its introduction, there were around 7,000 unique addresses that held PEPE. In a matter of only a week, this changed and rose up to over 40,000, indicating that the project is gaining traction and attracting a significant number of investors. Currently PEPE has more than 116,091 onchain holders excluding holders holding in centralised exchanges like Binance.

What percentage of PEPE should you be holding in your portfolio for the next bull run? A minimum 0.5% is recommended.

  • Current Price: $0.000001567
  • % Drop since ATH: -64%

You may also distribute 3-4% in other coins of your choice. Some other cryptocurrencies you may consider holding in your crypto portfolio are new layer 1 blockchains like Aptos, Sui etc.