Alt Season Is Starting 🐕🚀🌚
I posted this on my Instagram story. BTC might go a bit higher than this but my projection for a long time was $120K ..... we could have a quick wick up to $135K or something but my focus is more going to be in the strong alts right now.
I'm trying to inject more fiat in each day and not looking to pull anything from the blogging platforms currently. Just letting my power build.
The next 6 to 8 months is going to be absolutely insane!!! 🤪🤪🤪 We made it this far. We just have to lock in and finish strong. 💪
This is the melt up before the total financial melt down. It conveniently coincides with the 4 year crypto cycle. 🚀
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I was thinking more in the $150K to $160K range before we see things start to pop. I honestly have no clue though. Last cycle taught me to temper my expectations. We certainly won't see the $320K some were talking about.
It's hard to say for sure until it all plays out but I just have this feeling retail isn't going to chase Bitcoin much at these prices and if companies are thinking about adding it to their balance sheets they would likely see the price action as a dangerous chart to get in on. I feel the masses go after the alts again and especially the memes.
Eh, I am not a fan of memecoins, but I do hold a handful of them. Hopefully at leats one of my alts pops off!
Everything is flying but the memes have so much power and if you look at what Shiba Inu and Bonk did they created ecosystems and that is the right move especially when they weren't first and were riding DOGE's wake.
I have some Shib, but it isn't worth much more than what I paid for it. My $50 in PEPE has went about 5x so far but honestly that's kind of a joke. Three figures doesn't impact me much, I need 4 or 5 figure gains.
It is tough for sure because you don't want to feel like you are totally gambling and when things start moving insane it's hard to not pull out of it too quick. Last summer for me I caught a banger play in FWOG and it did 70X but I feathered out the majority around 10X.
I was just looking at XRP memes again last night. I'm going to play things slightly differently this time.
Even with something like the LEO play which isn't a meme but has this interesting dynamic on here. It's hard for me to go crazy deep.
Yeah, I can appreciate that. I always kind of saw meme coins like buying a lottery ticket or going to the casino. It's nothing for me to hit the slots for a night and lose $50 and not feel bad about it, so why not throw that money into a meme token. Even though they have zero use case and are making people with zero time in the market richer than me in the blink of an eye... I'm only slightly bitter 😄
It's a big mind game. I was just in one of the most inbreded copy doge memes and I just got out with a small profit. It is called Degecoin and they were saying it's a supporter of World Liberty Finance. Such a weak fake tie in. Lol
I got out except for a few bucks just incase it does some insane run.
Things are getting wacky and I'm going to move some of that money to Avalanche to the new Black Hole DEX
I was looking at WLF, but the KYC was a huge turn off for me.
Same, any of the KYC stuff is ultimately a scam. Inadvertently by projects but a scam perpetuated by the governments. I would have had more respect if Trump would have thugged out and did no KYC. Instead they are collecting info and not releasing the Epstein files.
A lot of the DeFi stuff certainly throws another spin in the mix and these protocols like Thorchain and Maya for crosschain swaps. Then if someone builds on top of that whose fault is it if info isn't collected.
There was a big ATM network hack somewhat recently and again it's a huge honey pot for the hackers. Names, addresses, phone numbers, scanned IDs. .... etc.
I was never really a fan of the token, but given the dedicated fanbase I felt like it might be worth it to hold a couple tokens. Then I hit the KYC and I said, nope. I'd like to gamble in a bit of DeFi stuff again, but I'm not sure I have the capital to gamble.
I have been monitoring the DeFi situation more and more lately and just got on BlackHole on Avalanche. I went in light to start out with because there are some things that don't make sense to me over there.
Pancake Swap has branched out to a lot of different chains not just BNB at this point and seems like the price of CAKE is benefiting from that. Similar strategy that Uniswap seems to have benefited from.
The activity is increasing so at a minimum owning the head of the snakes is going to be beneficial.
That is why I'm adding more SOL, SUI, ICP, XRP...... I also think AVAX is under valued.
I can see with the Arena and Black Hole the activity is going to go way up.
Returns aren't great across most DeFi currently but as everything surges I think those returns will start looking better.
Good to know, thanks!
HIVE prediction?
Well I feel that HIVE is the most well formed Web 3 Platform and some of these interfaces to it like PeakD and Ecency are really solid. I needs to be marketed to be honest with you.
I'm putting in a proposal for a new interface that can connect a lot of pieces and bring in the Solana and SUI communities as well. So we will see.
Right now I have a small bag of LEO and I find it interesting what those guys are doing and we will see if that can inside a flywheel effect on buying LEO.
I think an actual price prediction for HIVE is tough and depends on if it gets marketed or not. I think a Dollar easy but it always pumps late and I feel like late in the cycle people will buy HIVE to get into HBD to stake and earn the 15% to protect their gains when things get over heated.