The Bulls Are Back

in LeoFinance2 months ago (edited)

No need to be vegan to enjoy the greenery.

Apparently the crypto game has been on fire today, with the total cryptocurrency market capitalization about to hit the $2.2 trillion mark. Many of the most promising projects out there are demonstrating massive growth, as we are gearing up for the beginning of the second month of Q2. Don't forget, we have entered the institutional age of the crypto game; quarterly reports are a thing, and so are monthly reports.

This is why I believe that we are now entering a new phase of the game, where peaks and dips are going to be more frequent and much bigger. Until we reach the peak of the early majority cycle that is, which will probably take another 2 - 4 years at least. The numbers are just speculation though as nobody has a crystal ball, but you get the picture.

greeny.jpg

Looks like the much anticipated altcoin run is about to get started, and considering the kind of exposure we have been getting over the last months and the terrible financial state of the world due to the ongoing lockdowns, I believe the crypto game has a lot to gain this time around. Of course, there's a lot more to come in the future as the revolutionary technology behind it all was invented roughly 12 years ago, so it's reasonable to expect gradual growth as the years go by. But there's more to it this time around.

Pushing us into crypto.

Central banks have been printing money like there's no tomorrow lately, and as a result, we are witnessing more and more of it flowing into the cryptocurrency ecosystem. That makes sense because more money in circulation means more money to be invested, but also more value to lose by just holding it in a bank account.

Banksters are currently inflating away your purchasing power if you're holding fiat money, and I'm not here to judge. I'm just a guy blogging about his personal views and experiences; not looking to start a revolution here. Just pointing out that the ongoing crisis and the ways we've come up with to contain it incentivize people with extra funds laying around to invest in crypto.

Nothing new here.

It is true that this has always been the case, but we are now getting bigger and bigger at a much higher pace. The previous bull run created more crypto millionaires than any other, causing a domino effect of awareness and adoption as more and more jubilant crypto folks started being vocal on Twitter, spreading the word about the financial revolution that helped them transform their lives. As expected, more people started getting interested in the game. The world has noticed.

adoptionstage.png

I do believe that the whole crypto thing is still too advanced for the average Joe to delve into the details, but we are slowly getting there. There's a lot of work being done, and the progress made in this direction over the last couple of years has been massive. The thing with crypto is that it's highly contagious, and this is what explains the geometric growth patterns observed between successive bull cycles. We've been getting a new explosion every 2 - 3 years that always makes the previous one look lame.

Forward thinking.

Is this going to last forever? No. Is there more to come? Most likely. It's still early in the game, and if you take a look around and ask all those people in your surroundings if they know anything about crypto, I'm sure you will agree with me. Now, the question is: how many new explosions would it take for you to say you've made it and quit that damn job that consumes your precious time?

I would love to hear your thoughts in the comments below.


I appreciate your attention.

Alright guys, that's it for now. Thank you for taking the time to read those lines.

Just my two cents. This is by no means financial advice. Just sharing my personal views and experiences. Please do not take my word for your investment choices, and always do your own research.

Stay safe and have a good one,
@lordneroo


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My eyes shines when i see the greens.
Bring more green and pump up the market.
Unleash the bulls
!LUV 1

Same! I can feel the adrenaline rushing through my veins.

!LUV 1

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Hi @harpreetjanda, you were just shared some LUV thanks to @lordneroo. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

!LUV

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While institutional investors going gaga over Bitcoin, small-time investors like me are looking beyond this. It's not BTC's game anymore and people are trying to find other crypto opportunities (Altcoins) that could potentially make them millionaires and billionaires in the next decade.

It's good that big companies are investing in Bitcoin and doing free marketing for the crypto space. Making average Joes wonder about their investment choices and getting them interested to learn more and know more.

We've been getting a new explosion every 2 - 3 years that always makes the previous one look lame.

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It's good that big companies are investing in Bitcoin and doing free marketing for the crypto space. Making average Joes wonder about their investment choices and getting them interested to learn more and know more.

I couldn't agree more. The guys running the show have already decided that BTC and company are here to stay. Thus, it's only a matter of time until we go mainstream.

Thanks for dropping by ;)

!LUV 1

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You are welcome @lordneroo, before crypto hits mainstream, I want to have a decent amount invested in at least 5 worthy Coins or Tokens and HODL them for life. 😉

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Keep producing and you will get there in no time. Keep stacking and holding.

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Thanks my Lord, let's become Hive/Leo/PoB Millionaires ^_^

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Hi @finguru, you were just shared some LUV thanks to @lordneroo. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

how many new explosions would it take for you to say you've made it and quit that damn job that consumes your precious time?

Oh, I did that already. When hive hit over 30 cents, I was in bonus territory! lol
(my bowl of rice is very small)

Nice, I guess you will hit the streets celebrating once we hit $2, if we ever do that is :D

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I've been celebrating for months already - I'm knackered .

I think hive might well see 10 cents before it ever sees $2 !lolol

Enjoying the heck out of it! This time, I'm taking some profits :D

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Nooooice, always a good move to grab some sweet profits during the green times. xD

!LUV 1

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Hi @bagofincome, you were just shared some LUV thanks to @lordneroo. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

With the dominance of btc down
we have to enjoy the altseason beginning

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When you see $10,000BTC up days you know the party is just getting started. Just wait til unsecured credit is introduced.


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Oh I can't wait!

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Fingers crossed :D

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I think june will be huge for Bitcoin. Bulls will stay a loooong time.

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That would be awesome to see.

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What most don’t understand is that blockchain is consuming the legacy system. It could last “forever” but this symbol $ may not exist in it’s current iteration.


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Yup, the blockchain tech will inevitably reshape the way we perform transactions on a global scale. Those $ notes will become obsolete in no time.

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Hi @lordneroo, you were just shared some LUV thanks to @harpreetjanda. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

Hi @lordneroo, you were just shared some LUV thanks to @funnel. Holding 10 LUV in your wallet enables you to give up to 3 LUV per day, for free. See the LUV in your wallet at https://hive-engine.com or learn about LUV at https://peakd.com/@luvshares

I don't have a crystal ball either. In my modest opinion, the madness of the central banks will sink the fiat, with the crypto market being one of the beneficiaries. In the market I bet on BTC it would be logical if dominance is normalized.

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