In 2021, the deep fundamentals of DeFi were dawning, with a lot of attention shifting to the NFT sector. Many macroeconomic factors contributed to the start of the bull market, so COVID spurred an increase in online activity and created all the right conditions.
Building on the past bull run, there should be easy money waiting for us at every corner. Whichever project you threw your crypto into, there was no avoiding the X’s, the cutlet was drawn before your eyes. Minimal research, maximum versatility.
Will it be like that again?
Depends on the catalysts and narratives that remain at that point. But it’s worth saying that crypto has taken a huge step forward in that time and maybe we won’t have it so easy anymore. Why?
A huge amount of attention is now focused on the utility of crypto projects. Most investors are choosing products with real value rather than relying on speculative nature.
In our opinion, we are halfway through a bear market right now, this is the point where most people are withdrawing and losing their hope. Many are saying goodbye to their money and don’t see a future here.
But and we, despite this in any case should strengthen our knowledge, and newcomers to build up a base to break in. It is necessary to maintain and if possible hahaha increase the bank, improve the farm, dive into web3 in detail.
How to prepare for a bull market?
– Networking. Make connections with people, join different communities. Look for people close to your heart and also keep an eye on smartmoney.
– Research. Study market trends, immerse yourself in projects. Gain knowledge and properly analyze the most important thing.
– Discipline. It is important to learn how to keep patience, have a cold mind. Always stick to your plans and do not give in to FOMO.
– Bank. Use the bear market time to accumulate assets. Don’t neglect the airdrop opportunities available and look for upside potentials.
Which sectors should you pay attention to?
We talked about this in the post when we looked at investments from large funds. It is important enough to keep an eye on these things and emphasize them. Right now all the funds are investing in DeFi, Blockchain Infrastructure, GameFi. Keep it in your head, keep these trends in mind.
Also regarding coin accumulation. Buying tokens in a bear market contributes to future fortunes, so you have a chance to win in the new cycle, but the important thing is not to make a mistake.
Be sure to remember that most of the current crypto projects will die, only some of them will play an important role in the future. Find the very diamonds that should be prioritized.
