These 4 cryptos will 20x in the next cycle

0 20
Avatar for Govawaya
1 year ago

Understanding the cycles.

Market cycles are a natural advent in any market. However, because the cryptocurrency market moves so quickly, market cycles are especially important to understand in cryptocurrency specifically.

A market cycle is the period between a high and a low, and more broadly the stages in-between.

Market cycles with explanations

Or in simpler terms: accumulation, greed (AKA Bullish Cycle), distribution, fear (AKA Bearish Cycle), repeat.

If you could suss out all emotion and get it right every time, you would buy at the bottom (accumulate), ride the wave up, sell during distribution, and then exit or short the market on the way down.

So obviously you should try to get in during the “bear phase” when the prices are at the lowest and the risk is minimal, but if it was so simple, everyone would have 180 feet-long yachts.

Finding solid projects.

The problem with the cryptocurrency market is that there are many scam projects, or even only low-quality ones, that can live in a bull market, but when the bears arrive, they don’t survive. YOU NEED TO AVOID THESE PROJECTS!

How do I do that?- you might ask

You need to follow these basic steps:

1. Find a niche — it’s easier to become a master of your niche than if you would take projects from all over the crypto world.

2. Find projects with a big market cap, but not the top 10 ones — the top ones can’t really do a 20x, or at least not over one cycle.

3. After you found some interesting projects, be sure to follow them over a couple of weeks — make sure everything falls in check, and never jump in a trade without proper research.

My niche- CRYPTO GAMING

After spending the last couple of months geeking over these projects, I’ve come up with some conclusions:

In the gaming space, you should try and focus on gaming platforms and not necessarily individual games, since games are usually short-lived, while launchpads and platforms have a longer lifespan.

Also, try to follow the real value and a hard-working team, not just hyped projects. There is plenty of money to be made from hype, but to me, it’s just pure luck, and not something for the long play.

GALA

CoinMarketCap

Gala Games aims to take the gaming industry in a different direction by giving players back control over their games. The project wants to change the fact that players can spend hundreds of dollars on in-game assets, and countless hours spent playing the game, which could be taken away from them with the click of a button.

It plans to reintroduce creative thinking into games by giving players control of the games and in-game assets with the help of blockchain technology.

I see a bright future for Gala, with an all-time high of 0.7$, buying now at 0.05$ means a 12x is to be made until the all-time high will be destroyed.

ULTRA (UOS)

Ultra is a publishing platform and ecosystem for video games and video game content. Ultra’s mission is to do away with the current monopoly held by publishing platforms like Steam and provide new opportunities to game developers, players, and influencers.

Players can benefit from immediately playable games, earn UOS by using the platform, and access platform-exclusive games.

CoinMarketCap

As long as UOS manages to become the next Steam, there is no doubt that huge gains are to be made. Prices today have already started to look good, so a DCA strategy might work very well for you!

Vulcan Forged (PYR)

Vulcan Forged is a blockchain game studio and NFT marketplace. They are the makers of VulcanVerse.

In this “VulcanVerse”, users can stake their coins, they can play “play-to-earn” games, there is a marketplace for NFTs or other crypto assets, and many other benefits.

CoinMarketCap

Who Are the Team at Vulcan Forged?

Vulcan Forged consists of 30 core members spread out over Greece, the UK, and Ukraine. Their main office is located in Athens, Greece, with 9 in-house and led by CEO Jamie Thomson.

Seedify.fund(SFUND)

Seedify is a blockchain gaming-focused incubator and launchpad that empowers innovators and project developers through access to funding, community and partnership building, and a full support system to help drive the future of gaming and blockchain.

CoinMarketCap

Interested game industry innovators submit their project proposals to Seedify.

The gaming industry is gradually entering a new era — previously gamers may spend large sums of money on in-game items with no direct monetary benefits.

However, they are now able to make money by earning in-game items non-fungible tokens (NFTs), and tokens, which are facilitated by the play-to-earn revolution.

2
$ 0.00
Avatar for Govawaya
1 year ago

Comments