A widely followed crypto analyst says he is looking to buy several altcoins, including two prominent competitors to Ethereum (ETH), when the time is right.
In a new video update, Guy Turner, the Coin Bureau host, says he plans to add ETH rivals Cardano (ADA), Polkadot (DOT), and Avalanche (AVAX), as well as the interoperable blockchain ecosystem Cosmos ( ATOM) and privacy. -Focused on the Monero (XMR) protocol when the best opportunity presents itself.
However, the analyst says that now is not the best time to invest in altcoins.
“Obviously you guys want to know what altcoins I’m going to buy and that’s an answer that could take hours and hours because there are so many that I’m looking at. I also have things like DOT and ATOM. I would almost certainly look to allocate more to some of them because I think they are great projects.
In general, I’ll also be looking to broaden the portfolio, so… I might broaden my Tier 1 exposure, so I think I can see myself allocating to something like ADA.
I might buy Avalanche back at some point. I sold AVAX a while ago. I’ve never timed my move to AVAX right, so maybe I’ll get it right this time…
There are so many. I have said before that I would be interested in getting into Monero. I like Monero… There are lots and lots of different alternatives that I’m going to look at and share some of them closer to the time. I don’t think it’s the time to buy alts right now.”
The crypto strategist also says that he plans to pick up more ETH and Bitcoin (BTC) as well if their prices drop.
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