Ain't no Raging Bull
I don't think I have ever made a prediction for the end of a Crypto Bull or Bear market. But, I'm going to stick my neck out and make one now.
I think the Bear Market slaughter that's been going on for the past month or so, will experience a short-term bottom, if not a long term bottom, this weekend, or shortly thereafter. I think we are seeing capitulation selling across the board now, and that Crypto very well may turn around as of June 1st.
Once it turns around I wouldn't be surprised by a double bottom, but at least we will have seen there is a bottom.
What am I Hodling?
People always ask me, "What am I hodling these days?" The answer is:
- A limited amount of BTC and ETH for "stability".
- A lot of Stepn (GMT) and W2E because I love coins that rise in price and pay the hodler based upon actual exercise by the person hodling the coin/token.
- A good amount of Decentraland (MANA) and ApeCoin (APE) because I believe the METAverse is going to be something big.
- A good amount of Yfi (YFI) and Avalanche (AVAX) to do some yield farming without getting my hands dirty.
- Some Helium (HNT) because I'm still a fan
- Then a lot of little bits and pieces of DeFi such as ADA, DOT, 4RVN, BNB, LINK, MATIC, VET
- Cash, cash, cash (USD) for when the market finally turns around
Best Investing everyone,
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