The Potential Crypto Bull Cycle: A Gambler’s Perspective

As we stand on the brink of a possible new crypto bull cycle, the excitement is building. Over the next 12 to 14 months, we might witness exponential gains reminiscent of previous cycles. However, it’s crucial to remember that these opportunities come with risks; while we could see significant price surges, everything could also plummet back to zero.

Understanding the Altcoin Season

Since around 2017, after the 2016 Bitcoin halving, altcoin seasons have shown a pattern: most cryptocurrencies experience similar price actions, rising together before crashing down. This cyclical behavior can be attributed to market sentiment and speculation. Therefore, if history is any guide, we could be in for an explosive upward price movement followed by a correction.

Read More- Exploring the Current State of Avalanche (AVAX) and Meme Coins

Key Considerations Before Investing

Before diving into the crypto pool, here are six essential points to keep in mind:

1. Not Financial Advice: This is not financial advice; these are merely cryptocurrencies I’m watching as potential picks. Always conduct your own research.
2. Independence from Projects: I have no affiliations or insider knowledge about the projects mentioned. My insights are based solely on publicly available information.
3. Market Uncertainty: The crypto market is notoriously unpredictable. Factors such as market manipulation, unforeseen events, or even global crises can dramatically affect prices.
4. Personal Financial Situations: Everyone’s financial situation is unique. Assess your risk tolerance and ensure you’re not investing money you can’t afford to lose.
5. Diversification Strategy: With thousands of cryptocurrencies available, it’s vital to choose a manageable number to focus on to maximize potential gains.
6. Profit-Taking Strategy: If you see gains, have a strategy for taking profits. This could mean selling a portion once your investment doubles or after a set percentage increase.

Cryptocurrencies on My Radar

With that context, here’s a look at some cryptocurrencies I’m considering for this potential bull run, focusing on gaming and AI, two sectors I believe will perform well.

AI Projects

1. 0x0 (ZX0): An all-in-one privacy exchange featuring AI-based safety tools. Currently at $0.13, it’s in a bearish trend. A close above $0.23 could signal a buying opportunity.
2. PAL AI: A robust AI ecosystem for creating and integrating advanced bots. At $0.21 and bearish, a rise above $0.35 may indicate a bullish shift.
3. Destra Network (DSYNC): A one-stop solution for cloud AI and decentralized infrastructure needs. As a new project, it’s one to watch for future trends.
4. Fetch.ai (FET): Enables the development of multi-agent systems in an open marketplace. Currently at $1.38, it needs to close above $1.64 to flip to bullish.
5. Node AI (GPU): Offers GPU power rental services for AI and machine learning. A promising newcomer with little pricing data available.
6. AOZ Network (AIO): Focused on decentralized physical infrastructure for AI computing. Currently at $0.49, it needs to close above $0.65 for a potential bullish trend.

Gaming Projects

1. Beam: A network aimed at becoming foundational for next-gen gaming. At $0.01, it needs to close above $0.02 to shift to a bullish trend.
2. Immutable X (IMX): A Web3 gaming platform on Ethereum. Currently at $0.01, a close above $0.02 could signal growth.
3. Superverse: Aims to create a coordinated movement for Web3 gaming. Currently at $0.28, it’s in a bullish trend but could revert if it drops below $0.90.
4. Echon Prime (PRIME): Facilitates blockchain features for games, currently at $9.10. A close above $11.70 could mark a bullish shift.
5. Xborg (XBG): Developing a player identity protocol for rewards across gaming platforms. A new project with high potential.

Meme Coins

• Pepe: A meme coin with no utility, currently at $0.009. Once it closes above $0.00001, it may flip into bullish territory.

Conclusion

As we prepare for what could be the last big crypto bull run, it’s essential to approach this space with caution and strategy. With my eyes on these AI and gaming projects, I’m ready to roll the dice but fully prepared to lose it all. Always remember, the crypto market is a casino—play wisely, and never gamble more than you can afford to lose.

Let me know your thoughts and what you’re considering investing in! Stay safe out there!