{"id":403470,"date":"2019-11-06T18:00:16","date_gmt":"2019-11-06T18:00:16","guid":{"rendered":"https:\/\/wncen.com\/?p=403470"},"modified":"2019-11-06T15:58:07","modified_gmt":"2019-11-06T15:58:07","slug":"published-author-and-altcoin-trader-highlights-5-crypto-set-to-outperform-bitcoin","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/published-author-and-altcoin-trader-highlights-5-crypto-set-to-outperform-bitcoin\/","title":{"rendered":"Published Author and Altcoin Trader Highlights 5 Crypto Set to Outshine Bitcoin"},"content":{"rendered":"<p><a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>\u2019s meteoric rise not only made the crypto asset a household name and caused extreme FOMO at the tail end of 2017, it also caused a surge in interest in altcoins from those seeking to find the next Bitcoin.<\/p>\n<p>While a \u201cnext Bitcoin\u201d may not exist, many altcoins very well could outshine the first-ever cryptocurrency, and an expert altcoin trader and published author on the subject has shared his list of the top 5 cryptocurrencies that have a strong chance of outperforming Bitcoin in 2020.<\/p>\n<h2>Who is Altcoin Trader Nik Patel?<\/h2>\n<p>Nik Patel is the author of a top-selling cryptocurrency book titled<a href=\"https:\/\/amzn.to\/33prWTl\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"> An Altcoin Trader\u2019s Handbook<\/a>, and runs an ongoing blog of the same name that provides regular cryptocurrency market updates, with the majority of them focused on more obscure altcoins the analyst expects to grow in value and dominance.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/03\/12\/experienced-altcoin-trader-outlines-expectations-for-bitcoin-and-alt-bull-cycles\/\">Experienced Altcoin Trader Outlines Expectations For Bitcoin and Alt Bull Cycles<\/a><\/strong><\/em><\/p>\n<p>Patel is an expert in the space, having first got into cryptocurrencies in 2013 after stumbling upon the meme-filled Dogecoin subreddit. After he became enamored with the digital asset class, Patel tried his hand at trading altcoins and found much success, earning him a reputation as an authority in the space.<\/p>\n<p>Even today, Patel shares regular updates on altcoins he sees with potential and shares it with the greater crypto community. In his latest report \u201cCoin Trader Nik\u201d highlights the top 5 cryptocurrencies he expects to outperform Bitcoin in the next year.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Morning \u2615\ufe0f<\/p>\n<p>My \u2018Top 5 Alts For 2020\u2019 post will be published shortly.<\/p>\n<p>&mdash; Nik (@cointradernik) <a href=\"https:\/\/twitter.com\/cointradernik\/status\/21161472?ref_src=twsrc%5Etfw\" rel=\"nofollow\">November 6, 2019<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>\u2026And the Top 5 Crypto Set to Outshine Bitcoin Are?<\/h2>\n<p>Cryptocurrencies are a speculative market driven by hype. Outside of the top ten cryptocurrencies, which offer true value or utility, most of the top-performing altcoins on the market offer very little value or utility, and instead are driven almost entirely by hype and promise.<\/p>\n<p>That promise of potentially outperforming <a href=\"\/tag\/bitcoin\" rel=\"nofollow\">Bitcoin<\/a>, is often too enticing an opportunity for crypto investors to pass up, and they load up bags of obscure altcoins hoping for a moonshot.<\/p>\n<p>Nik Patel hopes to take some of the guesswork out of this for crypto investors and has released his list of the top 5 crypto assets he expects to outperform Bitcoin in 2020. The published author uses a combination of fundamental analysis coupled with technical analysis to provide a detailed overview of each asset.<\/p>\n<p>On the list is Komodo (KMD), a scalable, business-friendly blockchain solution; New Kind of Network (NKN), offering decentralized networking; V-ID (VIDT), a blockchain-based solution for file protection and validation; Fantom (FTM), a smart contract focused network that aims to solve scalability issues found in Ethereum and others; and finally, Constellation (DAG), designed to improve data transfer efficiency and monetization.<\/p>\n<p style=\"text-align: center\"><em><strong>Related Reading | <a href=\"https:\/\/wncen.com\/2019\/04\/18\/altcoin-trader-bitcoin-accumulation-phase\/\">Altcoin Trader: Alt Market Cap Shows Longest Accumulation Phase Yet<\/a><\/strong><\/em><\/p>\n<p>Whether these assets actually go on to outperform Bitcoin is a coin toss, however, given Patel\u2019s experience with analysis of this type and success in the cryptocurrency market, investors may want to dig in further before placing a buy order. Additional information on each altcoin can be found on Patel\u2019s blog, <a href=\"https:\/\/www.altcointradershandbook.com\/the-next-bitcoin-top-5-cryptocurrencies\/\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">An Altcoin Trader\u2019s Blog<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s meteoric rise not only made the crypto asset a household name and caused extreme FOMO at the tail end of 2017, it also caused a surge in interest in altcoins from those seeking to find the next Bitcoin. While a \u201cnext Bitcoin\u201d may not exist, many altcoins very well could outshine the first-ever cryptocurrency, and an expert altcoin trader and published author on the subject has shared his list of the top 5 cryptocurrencies that have a strong chance of outperforming Bitcoin in 2020. Who is Altcoin Trader Nik Patel? Nik Patel is the author of a top-selling cryptocurrency book titled An Altcoin Trader\u2019s Handbook, and runs an ongoing blog of the same name that provides regular cryptocurrency market updates, with the majority of them focused on more obscure altcoins the analyst expects to grow in value and dominance. Related Reading | Experienced Altcoin Trader Outlines Expectations For Bitcoin and Alt Bull Cycles Patel is an expert in the space, having first got into cryptocurrencies in 2013 after stumbling upon the meme-filled Dogecoin subreddit. After he became enamored with the digital asset class, Patel tried his hand at trading altcoins and found much success, earning him a reputation as an authority in the space. Even today, Patel shares regular updates on altcoins he sees with potential and shares it with the greater crypto community. In his latest report \u201cCoin Trader Nik\u201d highlights the top 5 cryptocurrencies he expects to outperform Bitcoin in the next year. Morning \u2615\ufe0f My \u2018Top 5 Alts For 2020\u2019 post will be published shortly. &mdash; Nik (@cointradernik) November 6, 2019 \u2026And the Top 5 Crypto Set to Outshine Bitcoin Are? Cryptocurrencies are a speculative market driven by hype. Outside of the top ten cryptocurrencies, which offer true value or utility, most of the top-performing altcoins on the market offer very little value or utility, and instead are driven almost entirely by hype and promise. That promise of potentially outperforming Bitcoin, is often too enticing an opportunity for crypto investors to pass up, and they load up bags of obscure altcoins hoping for a moonshot. Nik Patel hopes to take some of the guesswork out of this for crypto investors and has released his list of the top 5 crypto assets he expects to outperform Bitcoin in 2020. The published author uses a combination of fundamental analysis coupled with technical analysis to provide a detailed overview of each asset. On the list is Komodo (KMD), a scalable, business-friendly blockchain solution; New Kind of Network (NKN), offering decentralized networking; V-ID (VIDT), a blockchain-based solution for file protection and validation; Fantom (FTM), a smart contract focused network that aims to solve scalability issues found in Ethereum and others; and finally, Constellation (DAG), designed to improve data transfer efficiency and monetization. Related Reading | Altcoin Trader: Alt Market Cap Shows Longest Accumulation Phase Yet Whether these assets actually go on to outperform Bitcoin is a coin toss, however, given Patel\u2019s experience with analysis of this type and success in the cryptocurrency market, investors may want to dig in further before placing a buy order. Additional information on each altcoin can be found on Patel\u2019s blog, An Altcoin Trader\u2019s Blog.<\/p>\n","protected":false},"author":517,"featured_media":403483,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5651,3],"tags":[58423,142,428,6664,29527],"class_list":["post-403470","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","category-news","tag-58423","tag-altcoins","tag-bitcoin","tag-crypto","tag-nik-patel"],"acf":[],"yoast_head":"\n<title>Published Author and Altcoin Trader Highlights 5 Crypto Set to Outshine Bitcoin<\/title>\n<meta name=\"description\" content=\"Bitcoin\u2019s meteoric rise not only made the crypto asset a household name and caused extreme FOMO at the tail end of 2017, it also caused a surge in\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/published-author-and-altcoin-trader-highlights-5-crypto-set-to-outperform-bitcoin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Published Author and Altcoin Trader Highlights 5 Crypto Set to Outshine Bitcoin\" \/>\n<meta property=\"og:description\" content=\"Bitcoin\u2019s meteoric rise not only made the crypto asset a household name and caused extreme FOMO at the tail end of 2017, it also caused a surge in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/published-author-and-altcoin-trader-highlights-5-crypto-set-to-outperform-bitcoin\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2019-11-06T18:00:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-11-06T15:58:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2019\/11\/altcoins-crypto-bitcoin-outshine-shutterstock_687427123.jpg?resize=860,573\" \/>\n\t<meta property=\"og:image:width\" content=\"860\" \/>\n\t<meta property=\"og:image:height\" content=\"573\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Tony &quot;El Toro&quot; 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As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. 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