First of all, I wish you all a happy Lantern Festival!
If you want to safely navigate the bull and bear markets in the crypto market, you need to understand one thing: in a bull market, you need to do subtraction, and in a bear market, you need to do addition.
1. Not all coins will rise in a bull market, but most coins will rise.
Even if the coins are rising, there are strong and weak coins. The strong coins rise a lot and remain stable, while the weak coins rise little and are less likely to remain stable.
There are two logics for distinguishing between strong and weak: independent market and following market.
Independent market conditions are generally: narrative, hot spots, and strong fundamentals;
Following the market trend generally means: the second and third largest stocks in the sector and the large-cap copycats follow the fluctuations of the market.
After clarifying these basic issues, do the subtraction, select the ones with the greatest potential and follow the market's choice.
2. Not all coins will fall in a bear market, but most of them will. The main reason for the fall is the removal of bubbles.
After the bubble is gone, all coins in all tracks are worth a look. Those who have less energy can directly look at the top three rankings in the track, select potential projects for long-term observation, and build positions at the right time.
3. Whether it is a bull market or a bear market, new things, new concepts, new narratives, and new hotspots will bring new opportunities and start independent market trends.
The quality of narratives, concepts, new things, and new hot spots depends on comparison. If there is a lack of these things in the market, the appearance of one is a good opportunity. On the contrary, if the market does not lack these things, then choose the good one after comparison.
The proposal for the Uniswap protocol governance system was released last night. The price of the UNI token surged 65% in one hour after it was enabled. Driven by this, the old DeFi sector projects also saw a good performance.
Even though UNI has risen so sharply, if we look at the longer period of time, the token has been consolidating at the bottom for two years. This also verifies the saying that the longer the horizontal line, the higher the vertical line. If you can endure the loneliness of these two years, you can naturally maintain the prosperity.
Next, let’s talk about Binance’s latest 47th Launchpool project, Portalcoin.
Portal is a cross-chain gaming ecosystem that connects all games on every chain using Portal’s multi-chain token and gaming infrastructure.
To put it simply, it is the Steam platform for Web3. Although the market story is huge, there are many similar products, and they are all mediocre, and none of them has produced a phenomenal game.
Like the old projects we are familiar with, Gala Games and SandBox, to a large extent, the game aggregation platform takes the lead in incentivizing and promoting the implementation of game applications, which is no longer a sexy narrative.
However, since it is listed on Binance, there will definitely be a wave of hype in the short term. Currently, Binance is mining new shares. You can participate in mining activities by holding BNB and FDUSD.
Total Tokens: 1,000,000,000
Initial circulation: 167,134,615 (16.71%)
Based on the recent forecast analysis of new gaming-related coins XAI and ACE on Binance, as well as the LP mining income evaluation, if the sentiment is optimistic, the price of the listed tokens will be between US$2.2 and US$2.7.
Looking back at Binance’s new IPO activities in the past few months, you will find that BNB is a golden shovel in the bull market. Holding BNB and participating in ALT, PIXEL, MANTA and other staking mining in the past 30 days can bring 60% - 70% returns in terms of coin standard, and annualized returns of more than 150%. It is the first choice for conservative investors.
Remember, if you view your position as a long-term investment, a market drop should be viewed as a gift. It provides an opportunity to buy more tokens.
Finally, it is crucial to have a strategy before making any purchases, and never invest all of your money.
I hope this topic is helpful to you. 🙏Thank you for your likes and support👍