What will the next bull market look like?

2 mo
LeoFinance
6 Min Read
1252 words

image.png


Let me apologize in advance. If you came here thinking I was going to have all the answers for what the next bull market is going to look like, you are going to be disappointed. No, this post was meant to start a discussion. I am curious to hear what you think might happen come bull season.

That doesn't mean I won't be sharing what I'd like to see.

Maybe this would have been better left to a thread, but honestly, I haven't really using threads like I thought I would. Managing the replies to your initial thread has been troublesome to me. I am sure they are working on making that process more smooth. I will just wait until it is a bit more refined.

Anyway, I have been having some really good conversations lately regarding my recent decision to start making a monthly buy of USDC. My hope is that when we finally see the bottom of the market I will have a decent amount saved up that I can make some strategic buys. Specifically: ETH, BTC, and ideally HIVE, but that last one might be a bit harder given the difficulty people in the US have buying HIVE Directly.

The next bull run is going to look different for different people. Everyone is going to have their expectations and while some will be focused on the price of a couple specific tokens, others will be watching the overall markets.

I think the one thing we can agree on is the fact that whenever the next bull market comes, it is still quite a ways away. Kind of a kick in the groin right?

It's pretty easy to let what is happening currently mute your enthusiasm for crypto. We see people handle it in a variety of different ways. Some stop posting as much. Others stop commenting like they used to (I'm a bit guilty of that). Some of us just keep plugging along as best we can knowing that what we stack now will pay off down the road.

It's probably not the time to be making any crazy moves (besides all this Splinterlands stuff they are throwing at us lately, thanks a lot for that!). Unless of course you planned well enough last bull run to make those crazy moves right now. As we established in one of my last posts, I have not.

So here is what I would like to see for the next bull run. Whether it happens because of mass adoption, or the people making the rules finally pull their heads out of you know where, who knows. Maybe it will be some other catalyst. Either way...

  • HIVE at $3 was really nice just about a year ago now. I think that is a reasonable price for the time being. In fact, HIVE at $3 for an extended period of time would be fantastic. Especially if it happens during one of the sports seasons where I am active on my @bozz.sports account. That additional HBD pumping into my main account is awesome!
  • WAX somewhere over $1. Besides HIVE, WAX is probably my single largest holding. There are at least a dozen reasons WAX should be a $1 + token and then there are maybe a dozen more reasons why it isn't. I don't expect the NFT market to blow up again the way it initially did, but I do think a bull market will boost most NFTs in some way shape or form.
  • LEO at $1 seems pretty reasonable too. I think many of us can remember when LEO was 3x the price of HIVE. While that was great, I think some of us can agree it wasn't sustainable. It just seems weird to me for a second layer token to be worth more than the base layer token. I don't have a scientific reason for that, let's just say it's my gut feeling. I've been slowly growing my LEO stake through a number of ways, so LEO pumping to those levels would be very good for me.
  • CUB at $.50. I've dumped a fair number of gains from other projects into CUB. It's not as much as some people have, but it is enough that CUB at $.50 would equal a couple hundred dollars a week for me. Nothing wrong with that right?
  • SPORTS at $.01. Sports Talk Social is one of the few second layer communities I could be considered a whale in. Unfortunately for me, it is also one of the communities where the token is pretty much worthless. Sounds about right for my luck. I understand there were some issues with the number of tokens created and the distribution, but sports is such a huge topic that I really don't understand why this community hasn't taken off like it should. Perhaps when mass adoption happens we can turn the corner.
  • TLM at $.75. I've made it no secret that Alien Worlds over on WAX has been pretty good to me. The bulk of my Splinterlands and CUB investments are thanks to passive income from Alien Worlds. I get TLM every day just for holding land. TLM at $.75 would give me another couple hundred dollars per week and again, there is nothing wrong with that!
  • SPS at $.75. Speaking of Splinterlands, I'd love to see SPS back up near $1. I am not sure how likely this is given the fact that they are handing out SPS for daily rewards now, but the team seams to have a decent roadmap. There's honestly a chance we could see $.75 before the next bull run. With my deck and holdings in the game, this could be another decent source of passive income.
  • DEC at ??? I can't really even guess this one. I just know we would all like to see it higher. There has been some talk of pegging DEC as a stablecoin, but that doesn't necessarily mean it will be pegged to $1. It could be some other arbitrary number. I just know a boost in the price of DEC could make the rental markets pretty lucrative again.
  • ListNerds at $.50 Probably the only other token on HIVE that I could be considered a whale. Things have slowed down quite a bit with this one due to some adjustments in the distribution. If we weren't in a bear market that would likely have some impact on the price, but so far it has been pretty negligible. Just like SPORTS, this one has a lot of potential. Seeing it move up to $.50 if HIVE were to jump to $3 isn't unreasonable to me.

Trust me, I could keep going. I haven't even talked about BTC, ETH, BSC, MATIC, COTI, TRAVALA, SDM, RDAO, AETHER, and several others. Besides the big two, all of those others earn me passive income. The problem is, we all know that bull markets don't last forever. My hope is that I can do a better job of taking and stacking those passive gains next bull. Then again I've been known to ape into stupid stuff during the bull run, so that isn't off the table either...

What do you think? What are your predictions? Lay them on me! I want to know how realistic I am being here.

source


Sports Talk Social - @bozz.sports


TEAMUSAhive_footer_bozz.jpg


All pictures/screenshots taken by myself or @mrsbozz unless otherwise sourced

Posted Using LeoFinance Beta


I'll take all those predictions! CUB back up to 50 cents... we can dream, eh?

I learned my lesson from the previous bull runs. The previous few bull runs I reinvested everything I made, which was far from optimal. Next time (may it comes soon) I will be sure to move a percentage of all gains into a stable coin (like HBD!) to secure them.

1
2 mo

Yeah, I need to make those moves this next time too. I kind of looked at stable coins and thought "what is the point". Now it makes a ton more sense! I'm so loving HBD with the 20% interest. I loved it when it was 12%, so 20% is like icing on the cake!

Posted Using LeoFinance Beta

0

For the next bull run, i expect new technology to drive it. Perhaps an old technology reinvented to solve recent issues and all tokens in direct line with this technology will lead. As always, bitcoin will move in that direction. You didn't speak much about DEC and I think dec has seen its fair share of volatility and it will be done with volatility for now. I strongly believe DEC won't be part of the next bull run. As for SPS, it's quite a mixed feeling but 0.75 in the next run is possible.

2
2 mo

I think I mentioned a pretty conservative number for DEC. A lot of it just depends on what they decide to do with it in terms of making it a stable token. Also it depends on how well the Tower Defense game goes given DEC seems to be a key component of that game. It will all become clear in time!

Posted Using LeoFinance Beta

0

It's crazy to think now that CUB surpassed $11 in the first 48hrs. It's been a slow bleed. However, it did manage to hold $0.40 to $0.30 for quite some time... so, $0.50 is definitely reasonable.

There is just so much going on, and so much that has to run its course, it's extremely difficult to make predictions at this point.

Posted Using LeoFinance Beta

2
2 mo

Yeah, like I said to someone else, these are more wishes and prayers at this point. I think CUB deserves to be higher than it is. Knowing it was over $10 seeing it sit at $.02 is quite the bummer.

Posted Using LeoFinance Beta

1
2 mo

Splinterlands economy could see a bull run and has held up as well as any other crypto that I have looked at. I think there will be a few new games coming online that will be the large gainers.
!PIZZA

Posted Using LeoFinance Beta

2
2 mo

Yeah, I think we could see Splinterlands buck the trend here and have an isolated break out case. Could drag some of the other onchain tokens along with it. Hard to say though.

Posted Using LeoFinance Beta

0
2 mo (edited)

PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
ijat tipped bozz (x1)
curation-cartel tipped bozz (x1)
@stdd(7/10) tipped @bozz (x1)

Please vote for pizza.witness!

0

What makes you so bullish on WAX, do they have a high inflation on the token? Or is it like DOGE where they can expand as much as they want?

2
2 mo

They have built a really good platform for NFTs. They have a lot of strategic partnerships with businesses for high level intellectual property. There are a ton of games being developed, but nothing that has really been Splinterlands Level yet. Delegated Proof of Stake, fast/cheap transactions. There is a lot to like, they just haven't gotten the love they deserve yet.

Posted Using LeoFinance Beta

0

Its hard to love them when they arent built on Hive tbh.

2
2 mo

Actually, if you look at the code, it is likely very similar. WAX is built on EOSIO which was created by the same person who created STEEM. While it might not be the same language (maybe it is), the heart of the software does the same thing with some differences in governance and the changes that have been hard forked into Hive since the split. WAX and Hive are probably two of the greatest examples of what DPoS has to offer. Larimer has his faults, but at their core these are two of the greatest things he as done to date.

Posted Using LeoFinance Beta

0

Good to know. I have my WAX wallet setup and bought some WAX.

2

My crystal ball is not work well with this prediction either. So, your predictions are as good, I am sure better, than mine would be. Thanks for sharing.

Posted Using LeoFinance Beta

2
1
2 mo

Right now they are more prayers and wishes than they are predictions! :) Fingers crossed some good luck is coming our way!

Posted Using LeoFinance Beta

0

I thought I was the only one thinking Hive is inconvenient to buy. They should do something about that.

When the Hive was $3.00 people were throwing out posts left and right... people still haven't learned about consistency paying off.

NFTs don't seem to be getting the traction they did, I have to agree on that one.

I think you are very optimistic, but, then again, so am I. :)

Let's do this!

2
2 mo

Thanks, optimism probably isn't one of my strong suits, but I will definitely take the compliment. I don't think I am expecting levels that haven't already been achieved at least once for most of my tokens. With that in mind, I honestly felt like I was being a bit frugal! It's definitely interesting to watch the ebbs and flows of content based on the price of the token. Comical at times even.

Posted Using LeoFinance Beta

1

If those prices do happen to occur we would all be smiling, but it is a big but as too many dump what they have and don't give the projects the chance to grow. I am hoping we see the prices rise and have some stability for once without losing 90% immediately afterwards. When do you think the cycles will change as surely they have to at some point?

Posted Using LeoFinance Beta

2
2 mo

If I could answer that I probably wouldn't be in the position I am currently in! I agree, we need Hive bottoming out at $3. That is where the new floor needs to be. Not this sub $1 stuff.

Posted Using LeoFinance Beta

0

Not financial advice but instead of buying USDC I'd rather DCA into Bitcoin or alts.

Short answer to your question: the bull market is going to be surprising ;).

2
2 mo

I'm already doing that too. The problem with those is if I buy them now they drop when BTC does too. I want something more stable so when that big BTC drop happens I still have the same buying power.

Posted Using LeoFinance Beta

1

What if the drop happened already?

1
2 mo

Maybe it has, but consensus seems to think it hasn't.

Posted Using LeoFinance Beta

0

I figured you wouldn't have a clear idea of what the next bull run would look like, but I agree that there is a lot of room for growth.. If some of these tokens can survive the crypto winter. There isn't as much pull back as I was anticipating, when the markets came crashing downward. But don't count out more pain. I figure the next good run may not be until end of 2023 or mid 2024. We'll see. I liked Hive at $3 but on the other hand, I would also like to buy more at .12 cents again. hahaha.. Nice to see it bottoming out near .50

I thought about WAX but not sure I want to pump more USD into anything until I get some "Stuff" figured out. I have this weird feeling that the company I work for is getting ready to be bought out by a larger firm ... that's always a good time. Again.. We'll see.

1
2 mo

I'd like to pick up some more hive too. I don't think any of this will happen anytime soon. Like you said it is probably much further off than I would like. I got into WAX at a good time. If you don't care about the NFTs it might not be worth it for you.

0

Outside of the HIVE I expect SOL. GLMR, DOT, XED, XTM and Radix tp perform really well in the bull run that will start in about 18 months

Posted Using LeoFinance Beta

2
2 mo

I've heard of two of those... 😃

0
2 mo (edited)

https://twitter.com/AdrianPapava/status/1573071208224112640
https://twitter.com/RuelChavez5/status/1573198425864212480
The rewards earned on this comment will go directly to the people( @acesontop, @rzc24-nftbbg ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.

3

Interesting read about your portfolio and your assessment over them.

I think LISTNERDS is currently underrated right now and people would eventually realize its value when more people would use the platform to promote their product or work.

About SPORTS, please correct me if I'm wrong, but I didn't read any utility or development that may increase its value. But, if ever there would be any, I bet we would be seeing an improvement on its market price. :)

!1UP


Posted Using LeoFinance Beta

2
2 mo

There have been some proposals. I think really it just needs more users. A lot of that may come with mass adoption.

0
1UP-PIZZA.png

You have received a 1UP from @thecuriousfool!

The @oneup-cartel will soon upvote you with:
@leo-curator, @ctp-curator, @vyb-curator, @neoxag-curator, @cent-curator
And they will bring !PIZZA 🍕.

Learn more about our delegation service to earn daily rewards. Join the Cartel on Discord.

2

I am not really sure about the predictions as it sounds like a hard ask. Prices are hard to predict and I am not sure if the same popular tokens you have will also be the focus by other people. I wouldn't mind some of those predictions as it would be quite nice.

Posted Using LeoFinance Beta

2
2 mo

I went through your list - it's like it counted from my mind). Other than that, we need to be prepared and keep enough USDT to have time to get into great projects in our opinion. And then get out of them in time to record profits. Which I didn't do in this bull market... !LOLZ
!PIZZA

Posted Using LeoFinance Beta

2
2 mo

Yeah, me neither so don't feel too bad!

0

!BEER

Posted Using LeoFinance Beta

0

Hey @bozz, here is a little bit of BEER from @fiberfrau for you. Enjoy it!

Learn how to earn FREE BEER each day by staking your BEER.

0

I'd love to see VYB, POB, COLX, and Zenzo take off :) ... That would make me extremely happy!!!