Gaming coins are at the absolute bottom now.
This is exactly the same pattern how gaming coins played out in the bull cycle of 2021:
$AXS: $10.67 to $3.22 is -69.82% down, then 4861.49% gains (49X) in the next 132 days.
$GALA: $0,032 to $0,0067 is -79.06% down, then 10628.36% gains (107X) in the next 154 days.
$GFAL: $0,0475 to $0,0132 is -72.11% down, and 49X-107X gains would put GFAL at $0,64-$1,41.
If the same pattern were to play out, gaming coins would peak 143 days from here (December 24, 2024).
This is just hypothetical, and gains are not guaranteed.
Right now, everyone is super bearish, which is needed for the next leg up to begin.
The market will flip fast, and the leg up 2/3 will be crazy.
The swing between these emotional extremes is exactly how the money flows from those who cannot handle the pressure to those who can.
Stay strong and stay at it.
My 40X-100X Gaming Portfolio: https://t.co/lHY4A8S0PF
Wolf
Presenting Diamond Dreams, a hybrid casual Match-3 game by GFAL! Progress through levels to create luxurious realistic jewelry and become the wealthiest collector! Get ready for a captivating experience like never before! $GFAL
@CyberTitansGame Charlie Munger always said to invert.
So Instead of adding more stuff how about taking something away to make the game easier to play for the masses?
Here’s why the market dropped yesterday (how I understand it):
Japan had low interest rates of 0% to 0.1%.
People borrowed a lot of money from Japan to invest.
Japan takes interest rates up to 0.25% (the surge in Japan’s inflation drove this decision) which makes it 25X more expensive on the interest for the people who borrowed.
Investors reacted to the news by selling off assets, causing a sharp drop in stock prices.
NOW: Japan's rising rates have triggered 10+ trillion dollar holes in balance sheets (meaning the increase in interest rates by Japan's central bank has led to significant financial losses for some institutions).
The overall market turmoil isn’t over just yet.
It can accelerate now during the week, and then a bailout would be organized during the weekend for Monday, 12/8/2024.
Predicting how this will play out is impossible, so let’s see.
The interconnectedness of global financial markets will force the Fed to print dollars for bailouts.
Here are the stats of previous dollar prints:
2009: $1 to $2 TRILLION
2013: $2 to $4 TRILLION
2020: $4 to $8 TRILLION
2024: THEY HAVE TO PRINT $8T to $16T (!)
People don’t understand that the fed has to print crazy amounts of dollars for bailouts this time.
The short-term outlook can be rough until they turn the printers on.
But after they start printing, they need to print $8 TRILLION.
SURVINE AND STAY STRONG.
I’m buying more gaming low-caps this week.
The time for utility crypto coins is close.
The euphoria phase is close.
Wolf
P.S. Opportunities never look like opportunities when they first present themselves. I believe what we are seeing now is a massive opportunity.
P.P.S. We had net inflows into Bitcoin $BTC and Ethereum $ETH ETFs today. ETF investors are buying the dip.
From 74 GREED to 26 FEAR in one week!
The market tends to overreact both on the downside and the upside.
When big banks or the US treasury market need a bailout, Jay Powell will start printing money - that is when the next leg up will begin.
This sell-off is brutal, and I believe this is the “last dip” I discussed last year.
I thought this “last dip” would come sooner, but here we are 7 months later, experiencing it in the first leg up of the bull run.
I’m grateful that we got the dip so fast and not painful, slow bleeding for months.
This dip does feel like the 2020 dip, and after the money printers were turned on, the market switched up only.
My portfolios are down in dollars but up in the tokens I hold.
Stay strong, from these mega lows the upcoming green candles will be massive.
I’m buying more gaming low-caps here.
SURVIVE. SURVIVE. SURVIVE.
Wolf
$GFAL $ETH $BTC
The timeframe for the next leg up has been August-September.
The market right now is way too fearful.
My altcoin bags are down -50%-70% from the highs.
Buying more gaming low-cap coins today.
Stay strong and survive!
The switch to ultimate bullishness will be fast once it happens.
$GFAL $ETH $BTC
Hey $gfal warriors,
Remember those articles talking about the UAE Emerges as a global player in Web3 gaming revolution?
Remember that the UAE is investing billions into gaming? Ever read their government documentation on this?
I have and it’s huge news.
Oh, @GFAL_Official is expanding to the UAE? The government and maybe other key investors embrace their web3/web2 solutions?
This is all bigger then you think.
Wake up, this is real. $gfal will melt your face.
Do the math.
It's insanely hard to make gains on $SOL memecoins right now.
Currently, all the short-term memecoin traders on $SOL are losing money (new coins constantly and MASSIVE amounts of rugs).
We are soon close to narrative switching from memecoins to utility coins (maybe Ethereum memecoins like $NPC and $PEPE will be the next memecoin narrative as Ethereum prints new all-time highs (house money effect).
As people start making gains in utility coins, memecoin gamblers flock to utility coins, pumping the prices.
At the same time, $BTC and $ETH break new all-time highs, bringing fresh money to crypto.
The bull run leg-up 2/3 setup is ready and primed for quality gaming coins like $GFAL to skyrocket from these low prices.
We are beyond excited to unveil the magical jewelry we’re working on! ✨ Keep dreaming and stay tuned for more sparkle! 💎 #DiamondDreams#DreamOn#CoolestMeta