My 10 Most High Conviction Crypto Projects for 2024

Your Chance For Life Changing Wealth is There For the Taking

2024 is just about here and as expected the Crypto Bulls are finally starting to run. If you have been following the crypto market, you will see that prices have started to surge over the past few months. 

We know there are a lot of bullish indicators coming in the new year which include, but are not limited to:

• The Next Bitcoin Halvening Event - This happens approximately every four years and it is estimated this should occur sometime in April 2024.

• Expected Rate Cuts - The Fed had signaled they are done raising rates as inflation has started to come under control, and it is likely we will see several interest rate cuts in 2024. This will increase liquidity in the market and allow more investors to take part.

• BlackRock’s Bitcoin ETF Approval - Though not guaranteed, many expect this to take place in early January. When the world’s largest financial institution throws their considerable influence behind crypto, you know the industry is poised to benefit mightily.

When you factor in these events, plus see that many of the bad actors in the industry (FTX, Binance, etc)  have been forced off the playing field, the signs all seem to be flashing green.

To me, that signals an opportunity for ordinary investors to enjoy life-changing gains. In the last Bull run of 2021, I saw my own crypto portfolio rise 40x, and I fully expect to do better this time around. You can easily do the same with a few well-placed investments.

This is how I have positioned the bulk of my portfolio to be ready for 2024.

AI Will Rule The Year!

Overall, my belief is that AI coins will dominate 2024 and my portfolio reflects that. Over the past few years, we have seen OpenAI, Google, Meta and more introduce mainstream AI applications, and now we are starting to see a number of fascinating use cases in this sector for crypto. Chief among those is Bittensor, which many have billed the “Ethereum of AI” as it has been the launching pad for a number of promising subnet projects.

Bittensor - $TAO

Autonolas - $OLAS

Although, not in my Top 10, I also hold positions in:

• Agoras - $AGRS

• AI Power Grid - $AIPG

• enqAI - $ENQAI

Gaming Coins and Real World Assets Will Have Their Say

I also have high conviction in both RWA (Real World Assets) and Gaming narratives will be key players for 2024. I have two strong holds in each  sector.

RWA

• Realio - $RIO

• Wadzpay - $WTK

Gaming

• Nakamoto Games - $NAKA

• Render - $RNDR

The Best of the Rest Crypto Projects

In the end, strong projects are strong projects and I believe that each of the following has compelling reasons to believe they have a bright year ahead.

• TRIAS - $TRIAS

• Alkimi - $ADS

• Morpheus Network - $MNW

• Chainge Finance - $CHNG

How to Ensure a Profitable Year

While many of these projects have already enjoyed solid gains in 2023, there is still much room to grow in the new year. This is how I would proceed if I was just starting a new portfolio:

Pick an Investing Strategy

Are you going to go 100% in on a single project of high conviction, or spread out your bets among a number of different token. Each pathway has benefits, but personally I like to diversify my holdings over multiple high-potential coins which ensures thatI am not solely reliant on a single asset. While all may not be winners, I have confidence that most will profit considerably and far overshadow any that underperform.

Buy the Dips

Crypto is incredibly volatile and prices can swing wildly from day to day. By following charts on sites like Coingecko.com, you can see the daily and historical data for each project. While it may be tempting to FOMO into projects that enjoy a huge daily jump, resist the temptation and wait until the coins you have on your shopping list have red days, allowing you to DCA (Dollar Cost Average) your way to bargain prices.

Stay Patient

Sometimes it can be tough to hold a coin that is not moving as well as expected. However, if you have done your due diligence and hold strong conviction, resist the temptation to trade out of a big move too early. This can be the hardest part of crypto, but also incredibly rewarding when your ship finally comes in.

Take Profits Along the Way

I get it. We are all in this to make money. Once the 2024 euphoria kicks in, prices will start to rise incredibly fast. You may also have a belief that prices will continue to go bananas, which may be true. However, you don’t want to be the one without a chair when the music stops. Be sure to take some profits out along the way to ensure you have at least returned your initial investments and then anything after that will be profit. I learned a painful lesson about this in 2022 with $LUNA and would hate for you to experience anything like that.

Do Your Own Research

Look, I’ve had a lot of success in crypto, but just don’t take my word for things. Before making any investments do your research and solidify the choices you feel comfortable with. There are lots of great resources out there such as Crypto Twitter, newsletters, and more. In the end, you are responsible for how you allocate your financial resources and should never invest with anything you are uncomfortable with. Crypto is incredibly risky and black swan events can hit at any time. Be prepared to possibly lose big at times. What I have found though is the more research you do ahead of time, the better chances you have of incredible success.

Shall We Play a Game?

In the end, 2024 may indeed be a once-in-a-lifetime chance to ensure your financial future. The question you need to ask yourself is: Are you going to step up to the plate and take a swing or sit on the bench and watch others play? I know what my answer has been and will be again:

I play to win. 

Here’s to an amazing year ahead for each of us.

Free Book Announcement

Another exciting Development for 2024 will be the launch of my next book set to hit the market on January 1st. Inspiring Sports Stories for Young Readers: An Introduction to Courage, Teamwork, and Triumph in the World of Athletics is my newest work and an effort to engage and motivate young athletes with important life lessons.

The e-book is permafree and can found here.

I’d appreciate if you could download the book and provide any feedback or reviews.