The Bear Market Bible – Part 2

The Safe Bets of The Bear Market

By MoonShotsGuy

Introduction:

The more things change, the more they stay the same. There are projects that will be
beaten so hard in the bear market, that most people will start doubting whether they’re dead or
not. In December of 2018 $ETH crashed all the way to $80. $ETH was worth $1450 at the start
of 2018. Its rise was fueled by immense demand for ICOs, which only accepted $ETH at that
time. When the beat market hit, and the ICO mania was no more, ETH simply plunged. Adding
more fuel to the file, all the ICOs that raised money in ETH started dumping it to save what ever
they can.
On that day many were saying its over for ETH, and it’s the end. Few were buying. ETH
broke $4.5k two years later in 2021. That’s 56X on the third biggest crypto asset. I was one of
these lucky few because I understood that ETH was much bigger than just a coin to pay for
ICOs.
Today we’re looking at a similar opportunity with great returns. All it would take from us
is to understand the value of each asset, ignore the noise, and have patience.

Screen Shot from December 9th 2018

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The Narratives and Those Building Them:

The past two and a half years were all about narratives, some narratives were strong,
some were absolute bullshit. STOs, security token offerings, were all the rage back in 2018, even
though the concept was interesting in theory, it simply didn’t work, added extra layers of
complexities, didn’t attract adoption, and simply died. Same will happen this time around, there
are narratives from this cycle that will flourish, some that will die, some will struggle and die,
and some will struggle but will find a way out at the end. Even within a single narrative there
will be conflicts.

The aim of this report is to focus on projects with strong narratives that will not only
recover the next bull market, but will also go on to break new all-time highs.

1- Ethereum:

Ethereum always gets hit hard during the bear market. Imagine a night club that was once packed
with people every single night, and then one day everyone in the city decided they need sleep
early. That’s exactly what’s happening with ETH. Since not much is going on ETH, people are
opting into selling and stay in stables driving the price lower and lower.
I have a strong belief that we might see $ETH below $1k this year or for a brief period of time.
And if this happened, I will be deploying a significant amount of capital in ETH.
ETH is the most powerful layer 1, it powers almost all dapps, has the most devs, and about to go
proof of stake, meaning you can live off of an ETH node one day when it becomes valuable
enough. ETH isn’t going away, and will not be replaced, as simple as that.

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 2- Solana:

Everyone enjoys shitting on Solana and making fun of it because it keeps crashing and
stopping. In fact, it actually crashed and stopped producing blocks for the 8th time since
its inception just a week ago. Definitely not good for a “Decentralized” blockchain.
That being said, Solana is still in Beta and its being actively worked on and is supported
by heaps of money. Solana is focused on payments with Solana Pay and multiple
integration, Solana is setting itself up to become on of the biggest blockchains for
payments. Circle, the issuer of USDC, is also showing significant interest in Solana. This
is a very important point. USDC is the darling of American regulators, and even though
this might sound farfetched, I wouldn’t be surprised if the US government cooperated
with USDC for their digital dollar. This could position Solana to become the go to
blockchain for payments.
Moreover, Solana has established itself as the main competition for Ethereum in the NFT
space. Ask any NFT trader or collector about what chains he use to buy and sell his
NFTs, anyone would tell you its either Ethereum or Solana. OpenSea’s expansion to

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 Solana is strong evidence of that.
It’s easy to make fun of Solana at its current state, but only a fool would bet against its
success in the long term.

3- Polkadot:

Polkadot is probably the safest bet anyone can take during the bear market. Founded by
Gavin Woods, the Ethereum cofounder, and the creator of Solidity programming language,
Polkadot is positioned for success.
Polkadot had an incredible run in 2020-2021 going all the way for $2.5 all the way to
$50, before crashing down to where its currently sitting. The previous run was fueled by hype
and many promises. These promises are not all empty, but will simply take time. In early 2016
Ethereum was under $1. During this time, only a handful of people understood what was
Ethereum capable of. The same will mostly happen to $DOT.

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 Screenshot of top 10 coins on January third 2016
The reason for that is how easy, scalable, and interoperable Polkdadot is. The smart
contract language for DOT is WASM. This programming language makes it super easy to create
and deploy contracts in a fast, efficient, and mostly important safe manner.
In addition to that, developers can create separate blockchains in mere hours using the
Substrate SDK. WASM and Substrate will play a crucial role in the adoption of Polkadot in the
coming years. The best days for Polkadot are simply not here yet. But they will definitely come.
It is also worth mentioning that that the staking reward for DOT is 10% a year. So, it also
acts as a way for generating passive income in a growing network which value is poised to go
up.

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 4- BNB:

Binance has been expanding more and more and getting the regulatory approval it has
been seeking since its inception. In 4 years, it has become the biggest exchange, with
the deepest liquidity, with the biggest financial backing, and the most recognized
name in the space.

Even though BNB and the Binance exchange seem like two separate entities, but the
correlation between them is much closer than one might think. It has even been
accused of not being decentralized.

I was buying BNB since it was only an ERC-20 token below $10. I was hoping for a
few Xs, but even I didn’t see the insane potential it had back then.

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 BNB isn’t impressive from a technology point of view. At the same time is built
using the Cosmos SDK, which keeps evolving and getting better by the day. Binance will
be the greatest beneficiary of this as upgrading the network become a game of Legos.
That being said, Binance also has an extensive team of R&D blockchain
engineers, who keep adding and improving the network. A few months ago, BNB became
delationary just as as ETH, but it didn’t get the same coverage as ETH did.

BNB was also the birth place for countless Play-To-Earn projects, a trend that
might seem to be dying, but I’m sure will be back with vengeance. For these reasons I
believe that BNB should without a doubt be one of the top coins to accumulate during
this bear market.

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 5- Monero:

There is a growing anti privacy regulation coming out left and right. Some of them make
sense, and some of them are simply absurd. Like the EUs decision to make self custody wallets
illegal. The problem with this is, average people like me and you can’t do anything about it.
Everything is recorded and tracked forever in every blockchain. The minute you create an
exchange account, KYC, and send some funds from one of your wallets, it’s over. The exchange
knows about it, the tax man knows about it, and the government can easily know about it. No
exchange or service will ever have your back if the government cam knocking on their door.

Monero solves this. The level of privacy Monero offers is simply unmatched, and will
only continue to grow in importance as regulations get tighter. This is already apparent from
Monero’s price action this year. It moved from the lows of $127 to $268 in and now sitting at
$180. Very few coins are higher than what they were at the start of the year, but XMR is the
exception.
The main concern people have with Monero is “What if it got delisted from all
exchanges?”. This is highly unlikely, but even if that happened, Monero has enabled atomic
swaps with Bitcoin, which means at any point in time, you can swap your XMR with BTC.
XMR isn’t only a good investment, but also a way to hedge against the unknown future
and regulations.

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 6- Polygon:

Event though I’m super excited for the merge and Ethereum moving to POS, the truth of
the matter is, ETH won’t scale immediately after the merge. In fact, it will take until 2024 for us
actually to reap the benefits of it. That’s why I’m bullish on Polygon.
Polygon is the dominant Layer-2 scaling solution, and the one that is most adopted by
projects and developers. It had an insane run in the last bull run going all the way from $0.01 to
$3. An impressive 300X in 2 years.
Polygon will continue to be the most utilized layer-2 for Ethereum, making It a safe bet
for the next 2 years. There is a possibility that its importance might start fading after Ethereum
shading goes live, but I believe that Polygon has managed to create a strong eco-system, and it’s
now acting more like an Layer-1 on its own, making it hard for it to simply be useless.

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 7- Secret Network:

The reason why I’m bullish on $SCRT is the same reason why I’m bullish on XMR,
Privacy! SCRT is the first EVM blockchain with privacy built in. Making it the only Ethereum
alternative that can actually be used for business, banking, and individuals who appreciate
having privacy.
Ethereum can not be used by banks or large institutions even if it was faster than Visa.
The reason for that is the severe lack of privacy. It would be disastrous for businesses to have all
their transactions public for all competitors to see. Same goes for people, you wouldn’t want
everyone to know how much money you have, or what you’re spending your money on, it
simply feels wrong.
The only reason we accept this with Ethereum is because this is all we have known
and used so far. Secret aims to change that. Not only does it offer unparallel privacy, it also
compatible with regulations, as it makes it possible for you to show your transaction history for
tax purposes, court orders, etc, something that isn’t possible on Monero.
For these reasons Secret is a no brainer for me and will continue to DCA into it until I
have a position that is large enough to make me proud.

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 8- WOO Network:

there are hundreds if not thousands of crypto exchanges out there, but few are worth your
attention. Woo Network is one of them. It is a centralized exchange the offers margin, spot, and
futures trading. They also offer zero trading fees, and enjoy deep liquidity.
The WOO token is the cherry on top. Holder of WOO enjoy 50% profit share from exchange
fees, Portions of tokens from WOO ventures investments, and is used to increase trading limits
for large institutions which lowers the supply available on the open market.
Exchange tokens benefit greatly for the growth potential of the exchanges behind them, and I
expect a great future for WOO. It may not have had its chance to shine this previous bull market,
but there is a strong chance it will in the next one.

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 9- Immutable X:

$IMX is built for one purpose and one purpose only, high throughout put for large
scale NFT applications such as games. The project is backed by some of the biggest
names in the space such as Coinbase and Galaxy digital.

Multiple gaming projects are already built on top of $IMX, most notably Gods
unchained. There are many more gaming projects being developed to run on IMX,
and the best is definitely yet to come. It is only a matter of when not if. Once Play-
To-Earn come back, I’m expecting nothing less than a modest 10-20x of the current
value in market cap.

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 10- Ultra:

$UOS is a gaming published similar to steam but with dedication to blockchain games and
services. User of Ultra can play games, watch content, compete, write articles, participate in events etc,
to earn UOS, game tokens, or NFTs. They have built their own blockchain a few weeks ago but the news
went un noticed. Their blockchain is a fork of EOS meaning there are no fees what so ever and the
network is lightning fast.

This combination of all gaming services under one roof, and their own tailored blockchain will
definitely give UOS a strong edge against most competitors in gaming market. This is a project that
deserves to be in the top 50 coins. This why I will be buying it during this bear market.

Final Note:
You can’t time the exact top, or exact bottom. The best thing to in a bear market is to
simply buy a little each week or each month. This strategy is called Dollar Cost
averaging. It is extremely effective if you play your cards right and pick good projects
to invest in. In two years from now, some of the coins in this report will be worth
much higher than they are today, but don’t take my word for it and follow up with
your own research.

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