The world has literally turned into one big gamification... seriously. The world is the trend. 🤯 #CryptoKylesCryptoThoughts
This is adoption so I see anywhere from 3-5 megatrends with heaviest pumps near end of 3 and 5, each one gets progressively bigger in momentum. 2020 selloff to aug 2021 was cycle 1. Bear trend overall for 4 months isn’t too shabby. Let’s see how fast we rebound. Bigger selloff, bigger pump after in a bull market.
I think about 7-12 years total for entire trend to play out before there’s a full grasp on “autopilot” for blockchain, crypto, nft, defi.
There WILL be bear trends that last months but doesn’t mean the market will just die off in bear hibernation. Wayyy too much at play now, its now embedded in the infrastructure of every day life with more use case being utilized every day.
Real estate even goes every 10-12 years on average before a correction although this recent one is waaaaay longer than ususaly likely due to pandemic circumstances.
That’s the way I see it.
#CryptoKylesCryptoThoughts
I think about 7-12 years total for entire trend to play out before there’s a full grasp on “autopilot” for blockchain, crypto, nft, defi.
There WILL be bear trends that last months but doesn’t mean the market will just die off in bear hibernation. Wayyy too much at play now, its now embedded in the infrastructure of every day life with more use case being utilized every day.
Real estate even goes every 10-12 years on average before a correction although this recent one is waaaaay longer than ususaly likely due to pandemic circumstances.
That’s the way I see it.
#CryptoKylesCryptoThoughts
Might have been a drastic selloff in the crypto world but it was only setting up for the next major cycle of the adoption crypto pump! Next leg will be longer than the first and gains will be proportionate to that as well! This is my own perspective #CryptoKylesCryptoThoughts
IMO when regulators have a feeling of "control" and can get measures in place to gain profit from crypto then the market will be ready for the next pump and smart money such as Fidelity and large hedge funds will bring absurd amounts of capital into position and the market will go ballistic - BTC will top the 6 figure milestone which then puts the next major target at 7 figures.
By no means are we in a bear market, but have been in a bear trend for quite some time because that was just cycle 1 from the overall adoption cycle (my speculation is 3-5 major cycles with big selloff points however take into account the halving periods can bring the price down in drastic measures).
Best route is to just take nibbles unless you're ok waiting for 1+ years every time you enter a position.
There's ways to growth hack your account but not only do you need to be consistently deadly accurate but attentive day in and day out to the crypto markets. Timing is everything. Better to wait for buy confirms than enter and have to wait out of position.
Q1 might be a little drowsy but methinks Q2 will be a warm up period again. That's when its easy for everybody to make $$ and/or compound your portfolio quickly. Takes practice, strategy and consistency - happy to help if you need.
That's my analysis and not financial advice. Everybody may have their own opinion and that's what's great about the markets. 🙂
Cheers,
#CryptoKylesCryptoThoughts
(cont'd) 2/2
By no means are we in a bear market, but have been in a bear trend for quite some time because that was just cycle 1 from the overall adoption cycle (my speculation is 3-5 major cycles with big selloff points however take into account the halving periods can bring the price down in drastic measures).
Best route is to just take nibbles unless you're ok waiting for 1+ years every time you enter a position.
There's ways to growth hack your account but not only do you need to be consistently deadly accurate but attentive day in and day out to the crypto markets. Timing is everything. Better to wait for buy confirms than enter and have to wait out of position.
Q1 might be a little drowsy but methinks Q2 will be a warm up period again. That's when its easy for everybody to make $$ and/or compound your portfolio quickly. Takes practice, strategy and consistency - happy to help if you need.
That's my analysis and not financial advice. Everybody may have their own opinion and that's what's great about the markets. 🙂
Cheers,
#CryptoKylesCryptoThoughts
(cont'd) 2/2
The more the government want to regulate crypto, the more privacy coins will start to become a highly sought after crypto (monero, zec, komodo, grin, etc...) #CryptoKylesCryptoThoughts
ZEC to $200 is my guess or more - privacy coins about to take TF over as reg's and NATO partnerships regulate most the crypto space or try to. #CryptoKylesCryptoThoughts
Look at Ocean on the 1 - 4 hour charts... tell me you see the same breakout pattern I do? Just a waiting game now? #CryptoKylesCryptoThoughts