2022/23 OVERVIEW
I was in crypto also in 2018/19 but the 🐻 cycle of 22/23 was the toughest. We've seen so many projects make multi yearly lows, capitulations of biggest funds, exchanges, many companies closed etc....
Last bull cycle winners were exposed as biggest frauds. Even though we were never directly exposed to those projects, the size and effect they've had on entire crypto ecosystem caused a domino effect of liquidations.
Most projects dropped -95%+, even though fundamentals were still strong with them. This has impacted us alot aswell.
In end of 2022 & 2023 we were accumulating $RUNE heavily, But due to the hard nature of market we were shaken out of it's rally from 0,9$ --> 1,6$ . We sold all of our position at 1,6$, later $RUNE teleported to 7$+. Even though our cherry picking of quality & fundamentaly strong projects seems to work, the trading part was impacted by emotions. We learned a lesson here.
While I didn't post many updates, I was still heavily researching, learning behind the scenes. I was silently accumulating $NEAR & $ROSE and few smaller altcoins that are not listed on ICONOMI. Summer & autumn of 2023 was accumulation time for us. 💰
I know we'll be back stronger than ever, but the market teached us a lesson, which we'll try to use into our advantage in near future.
I'll continue to stick to fundamentaly strong projects that are focused on problem solving and real world solutions.
I've had many people make fun of my investing methodology in 2018/19 and guess what happened in 2020 to 2021.
I was confronted with same events in 2022/23.
I'll do my best to find new quality gems and bring us all back to new highs. The road will be bumpy. Expect the unexpected in 2024. Thanks for all followers that have continued to stick with us.
Analysis and prediction report for 2024 will be released before new year.
