LeoFinance Pod | Global Markets Collapsing, Liquidity Crisis and How to Value Altcoins

in LeoFinance2 years ago

In today's episode of the podcast, we talk about the global markets and crypto. There's a meltdown right now and everyone is scared about FED actions and quantitative tightening.

In this episode, we ask a lot of questions and answer a ton more about our perspective on what's happening:

  • Is a further breakdown imminent?
  • Where is the bottom for BTC?
  • Will altcoins crash like 2018?
  • Will the FED keep raising rates?
  • What makes a good project?
  • Updates on the LeoVerse and what we're building in the bear market!

About LeoFinance

LeoFinance is a blockchain-based Web3 community that builds innovative applications on the Hive, BSC, ETH and Polygon blockchains. Our flagship application: LeoFinance.io allows users and creators to engage and share content on the blockchain while earning cryptocurrency rewards.

Our mission is to put Web3 in the palm of your hands.

Twitter: https://twitter.com/FinanceLeo
Discord: https://discord.gg/E4jePHe
Whitepaper: https://whitepaper.leofinance.io

Our Hive Applications

Join Web3: https://leofinance.io/
LeoMobile (IOS): https://testflight.apple.com/join/cskYPK1a
LeoMobile (Android): https://play.google.com/store/apps/details?id=io.leofi.mobile
Delegate HIVE POWER: Earn 16% APR, Paid Daily. Currently @ 2.8M HP
Hivestats: https://hivestats.io
LeoDex: https://leodex.io
LeoFi: https://leofi.io
Polygon HBD (pHBD): https://wleo.io/hbd
Polygon HIVE (pHIVE): https://wleo.io/hive

Web3 & DeFi

Web3 is about more than social media. It encompasses a personal revolution in financial awareness and data ownership. We've merged the two with our Social Apps and our DeFi Apps:

CubFinance (BSC): https://cubdefi.com
PolyCUB (Polygon): https://polycub.com
LEO Wrapping Bridge: https://wleo.io

Posted Using LeoFinance Beta

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💪🏻 LeoFinance with a runway of 2-5 years, depending on the Team size is very good news! Relaxing.
📱 Cannot wait to get the App in the Apple App Store, this could be a game changer for LeoFinance & with it Hive as a whole.

Yeah I did not take this lightly. Over the past 12 months, I set leofinance up to have a multi-year runway based on our current (and potential) burn rate. It’s extremely important to be able to fund the project in this bear market environment as this is when devs are easiest to hire and motivate to work quickly

Posted using LeoFinance Mobile

Excellent work! Fingers crossed the bear market doesn’t last 5 years.
Actually I think we will see latest in 2024 (next BTC halving) the crypto turnaround and probably new ATHs for Hive and Leo. 💪🏻
Regards Thomas

The bloodbath in crypto trading is so scary.

I never expected BTC to hit $21.

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Yep. Lots of liquidations happening out there right now.. it’s crazy times once again

Posted using LeoFinance Mobile

This deflation of price so far is really low but still an advantage in utilizing the opportunity to invest and accumulate more coins

Utility will trump all in the bear market. While everyone is worried about price, we must teach ourselves to focus on the fundamentals

Posted using LeoFinance Mobile

My main concern about the market is when it would recover, the loss is weakening nevertheless it was expected. Many predicted 20k and it happened, so when is 6 digits coming up?

It's interesting and this is my first bear market so just on the fence observing.

Posted Using LeoFinance Beta

I remember 2018 well. If it’s anything like that, be prepared for a long winter. Worst case, we get a long winter and you’re prepared

Best case, the winter is short and you can enjoy the re-emergence of better times

Posted using LeoFinance Mobile

Whatever case it maybe, I better be ready to pick myself up and fast, getting in line.

Posted Using LeoFinance Beta

Learned a lot today from here and the coming update on the LF space (Leo threads) is very interesting and kinda exciting too. Looking forward to try it out when it rolls out!

Posted Using LeoFinance Beta