Decided to write some more about what I discussed in this chat this morning.
It’s worth asking yourself: Why are you still in crypto?
Do you actually have an edge? Are you a VC, founder, angel, working for a protocol, profitable trader (or aiming to be), KOL, researcher, marketer, BD, or just someone who spends 12+ hours a day in this space? If not, what’s your real reason for sticking around?
Most of the DeFi yield or upside in coins will probably go to people with a real edge, not to those who spend an hour or two a day on crypto. Maybe for some, it’s time to focus on holding Bitcoin, or stick with the S&P 500 instead.
Or work on developing your own edge in crypto. But that requires work. There's no free lunch anymore.
Full tweet and longer text below:
https://fxtwitter.com/Route2FI/status/1938622700479492496
It’s worth asking yourself: Why are you still in crypto?
Do you actually have an edge? Are you a VC, founder, angel, working for a protocol, profitable trader (or aiming to be), KOL, researcher, marketer, BD, or just someone who spends 12+ hours a day in this space? If not, what’s your real reason for sticking around?
Most of the DeFi yield or upside in coins will probably go to people with a real edge, not to those who spend an hour or two a day on crypto. Maybe for some, it’s time to focus on holding Bitcoin, or stick with the S&P 500 instead.
Or work on developing your own edge in crypto. But that requires work. There's no free lunch anymore.
Full tweet and longer text below:
https://fxtwitter.com/Route2FI/status/1938622700479492496
FxTwitter
Route 2 FI (@Route2FI)
No one is really sharing much alpha these days on CT. It’s mostly memes, market takes, and whatever coins or DeFi protocols that are trending right now. The days of the past when people shared trading advice, DeFi yield strategies, or actionable “how to make…
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