It’s that time of the year! #Crypto predictions for 2021, a year that will undoubtedly be the most exciting so far, and that brings a paradigm shift not many are fully aware of.
First, $USDT. I know but bear with me. I fully expect #Tether to unravel in 2021 but cause much less damage than people think. I expect it to trigger a mini bear market almost indistinguishable from the “normal” 30-40% pullback $BTC tends to do in a bull market. Buy the dip.
This is of course remarkably different from what a #Tether shock would have caused this year, not to mention earlier. But things are genuinely different in #Bitcoin today, and this brings us to the paradigm shift.
In 2021, Wall Street will eat #Bitcoin . Yes, not the other way around. What Saylor unleashed (see https://twitter.com/duganist/status/1343743432959913984?s=21) will fundamentally impact $BTC as big banks get on board. #Bitcoin won’t ever be a “peer-to-peer electronic cash” and no, it won’t be digital gold either.
Instead, #Bitcoin is becoming a powerful tool in the arsenal of yield-hungry banks doing financial engineering that will make 2008 look like a sane period. Saylor is not Bitcoin’s Jesus but the mad scientist of $BTC, and Wall Street will hijack Bitcoin with his recipe.
But Number Will Go Up, probably beyond rational expectations. What will be lost is Satoshi’s original vision (not BSV lol), but if the choices are be right or be rich, most people would choose the money. Wouldn’t you? Many of you will be set for life in the next 12-24 months.
Crypto tax planning will become a real industry (Singapore, Portugal 👀). As all bubbles, this will burst too, but we are many years from there. If CDO2 was the A-Bomb, this has the power to wipe out our whole civilization at some point, so invest in a good bunker (no rush tho).
Long story short: long #Bitcoin , long the banks.
2021 is bullish for #Ethereum. A growing part of the supply is locked in 2.0 and EIP-1559 will drive a good narrative. #DeFi will see many scams but also many game-changing projects. There’s a lot of money to be made in 2021 but be careful. Or just buy the $ETH dips and be happy.
The other good story of 2021 will be $DOT. #Polkadot will start seriously delivering next year with dozens of #DeFi projects launching, and there are very big players out there with a vested interest and a large enough sway to push $DOT much higher.
The same applies to #Solana $SOL and the Serum $SRM ecosystem although they really need to bring a few more big names on board other than FTX / Alameda.
The worst assets of 2021 will be the OG alts, especially the platforms ICOd in 2018 and earlier. If they couldn’t get any traction in 2-3 years, you can be pretty damn sure they won’t in 2021. Many won’t ever recover from a #Tether scare. There are exceptions but mostly crap.
Tldr; buy the $BTC dips, especially the #Tether dip. $ETH will do really well but might not outperform #Bitcoin next year. $DOT probably will, though! Add some $SRM and use common sense to make really good money on #DeFi. Happy New Year, fam!
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