*Everything in this post is for entertainment purposes only
Last year 2021 was a great year for Bitcoin and Cryptos
It was a good year for me, but not great
I feel I missed out on incredible opportunities even though I spend many hours of the day constantly looking at individual projects and price movement and Bitcoin and crypto news
If I simply stepped back and looked at the whole cryptos ecosystem, there were clear trends at specific time periods and those could have turned the crypto portfolio from good to great
Going forward I will try to do this. I've watched several YouTube videos that did a year in review and a look-ahead for this year. and it was a good guide for me on how I can change my thinking process
In no particular order, these are the crypto macro stuff I will be focusing on:
Bull or Bear Market?
The big elephant in the room is determining if we are still in a bull market or are we in bear market that will grind down lower and lower over the course of the year and even longer
For this particular macro concept, my portfolio is mostly invested in Btc that "should" have the least amount of risk and volatility and if it's a bear market, it will be easier to go to cash
Smart Contract L1's
Layer 1 coins last year went absolutely bananas! Solana, and Terra Luna and Fantom went up over 10,000%, yup, $10,000 investment became over $1M
The reason for this is that there was huge demand for blockchain storage (blockspace) on smart contract platforms because of DeFi, crypto gaming, and NFT boom
Ethereum could not meet the demand is an understatement. So projects and users started building on other smart contract platforms, hence Solana, Alvalanche, Fantom, Terra Luna and others went nuts
Will this continue? I believe so but only if we're still in a cryptos bull market. I'm positioned heavily in Fantom ecosystem and medium allocation to Solana
Decentralized Finance
DeFi was sort of quiet last year, but it seems certain DAO's with ponzinomics were the ones that became very popular, like Ohm
For this sector, I've chosen Tomb Finance ecosystem. Yield farming and staking and when they release their Ohm fork called Life this month, I plan to get in early. These DeFi ponzis can provide good returns if you get in early enough but definitely requires a ton of caution and a minuscule allocation
Crypto gaming and Metaverse
Crypto gaming coins went up 1000's of % last year, but I find myself at a disadvantage since I'm not a gamer. I think Axie went up over 10,000% and Galaga games and UFO over 5,000%. Notable mentions would be Sand and Decentraland
Anyway, I'm just picking one called Defi Land that seems to have a good team and roadmap since I don't have the time to properly research this by actually participating in the games
Non-Fungible Tokens
NFT's, what a year 2021 for Bored Apes, Punks, and others. This is also a very strong trend in the mainstream news. I'm choosing a very subdued approach to this sector as one thing that I dislike is the liquidity issue and valuation of individual NFT's in the same project. I have NFT's, Bears Deluxe but am considering acquiring some other ones but more for long term hodl
New Macro Trends for 2022
"Other trends" is really the one that needs a lot of attention. The trends from last year may not repeat this year and something big and new could be this year's winners. I did not mention the Dog coins and the likes from last year as I don't plan to put any allocation on those types of projects, but happy for others who have great success with them
Anyway, these are my TL;DR thoughts for this year, but all of these are negated if we are in bear market so still waiting for my Bitcoin on-chain analyst subscriptions to advise on this as so far, they are all still indicating we're in a bull market
Happy New Year and Good Luck to Crypto Assets investors!
Last year 2021 was a great year for Bitcoin and Cryptos
It was a good year for me, but not great
I feel I missed out on incredible opportunities even though I spend many hours of the day constantly looking at individual projects and price movement and Bitcoin and crypto news
If I simply stepped back and looked at the whole cryptos ecosystem, there were clear trends at specific time periods and those could have turned the crypto portfolio from good to great
Going forward I will try to do this. I've watched several YouTube videos that did a year in review and a look-ahead for this year. and it was a good guide for me on how I can change my thinking process
In no particular order, these are the crypto macro stuff I will be focusing on:
- State of the Market (Are we still in a Bull Market or is it already a Bear Market?)
- Layer 1 blockchain projects focused on Smart Contract platforms
- Decentralized Finance (DeFi) which includes DAO's
- Crypto (Blockchain) Gaming with incentives and Metaverse
- NFT's
- New trends
Bull or Bear Market?
The big elephant in the room is determining if we are still in a bull market or are we in bear market that will grind down lower and lower over the course of the year and even longer
For this particular macro concept, my portfolio is mostly invested in Btc that "should" have the least amount of risk and volatility and if it's a bear market, it will be easier to go to cash
Smart Contract L1's
Layer 1 coins last year went absolutely bananas! Solana, and Terra Luna and Fantom went up over 10,000%, yup, $10,000 investment became over $1M
The reason for this is that there was huge demand for blockchain storage (blockspace) on smart contract platforms because of DeFi, crypto gaming, and NFT boom
Ethereum could not meet the demand is an understatement. So projects and users started building on other smart contract platforms, hence Solana, Alvalanche, Fantom, Terra Luna and others went nuts
Will this continue? I believe so but only if we're still in a cryptos bull market. I'm positioned heavily in Fantom ecosystem and medium allocation to Solana
Decentralized Finance
DeFi was sort of quiet last year, but it seems certain DAO's with ponzinomics were the ones that became very popular, like Ohm
For this sector, I've chosen Tomb Finance ecosystem. Yield farming and staking and when they release their Ohm fork called Life this month, I plan to get in early. These DeFi ponzis can provide good returns if you get in early enough but definitely requires a ton of caution and a minuscule allocation
Crypto gaming and Metaverse
Crypto gaming coins went up 1000's of % last year, but I find myself at a disadvantage since I'm not a gamer. I think Axie went up over 10,000% and Galaga games and UFO over 5,000%. Notable mentions would be Sand and Decentraland
Anyway, I'm just picking one called Defi Land that seems to have a good team and roadmap since I don't have the time to properly research this by actually participating in the games
Non-Fungible Tokens
NFT's, what a year 2021 for Bored Apes, Punks, and others. This is also a very strong trend in the mainstream news. I'm choosing a very subdued approach to this sector as one thing that I dislike is the liquidity issue and valuation of individual NFT's in the same project. I have NFT's, Bears Deluxe but am considering acquiring some other ones but more for long term hodl
New Macro Trends for 2022
"Other trends" is really the one that needs a lot of attention. The trends from last year may not repeat this year and something big and new could be this year's winners. I did not mention the Dog coins and the likes from last year as I don't plan to put any allocation on those types of projects, but happy for others who have great success with them
Anyway, these are my TL;DR thoughts for this year, but all of these are negated if we are in bear market so still waiting for my Bitcoin on-chain analyst subscriptions to advise on this as so far, they are all still indicating we're in a bull market
Happy New Year and Good Luck to Crypto Assets investors!
