Edgy - The DeFi Edge 🗡️ Profile picture
May 19, 2022 1 tweets 1 min read Read on X
To the OGs who survived the 2018 bear market:

What advice do you have for the newbies experiencing their first Crypto bear cycle?

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More from @thedefiedge

Mar 8
Most people will end this bull market with $0.

They'll make preventable mistakes that cost themselves life-changing wealth.

So here are 15 mistakes to AVOID in bull markets (and how to prevent them):
(make sure you bookmark the tweet above to save)

1. Not Taking Profits

No one cares about your ATH portfolio - what matters is what you KEEP at the end of the cycle.

Here's an example of a system:

(adjust to your own risk tolerances) Image
Tips:

• If you feel like a genius or are screenshotting your gains, it's time to take profits.

• Taking profits means taking them OFF THE TABLE into fiat, stables, or long-term coins - not putting them into more high-risk projects.

• Create an exit plan for the cycle.
Read 24 tweets
Feb 13
Most people suck at managing their Crypto research.

They'll feel information overload and FALL BEHIND in the bull market.

Here are some frameworks to be more organized & to stop feeling overwhelmed:
Crypto keeps expanding while you're stuck at 2-3 hours a day of research.

Information overload happens when your brain has too many inputs to handle.

information overload → burn out → poor investing decisions

(Make sure you bookmark this thread for reference) Image
The Solution?

Let's assume you can't spend more time researching.

There are two ways to tame the chaos:

1) Improve your SYSTEMS to process information.
2) LIMIT the amount of input to process.

Let's start by improving your systems.
Read 26 tweets
Jan 11
The Crypto Bull Market is here.

You can make life-changing money in the next 2 years, but ONLY IF you use the right strategies.

Here's my step-by-step playbook to maximize your profits:

(includes portfolio strategies and choosing narratives) Image
What you'll learn:

• Portfolio strategies
• Narrative selection
• Bull market frameworks

Bookmark the tweet above because you'll want easy access to it when things start going crazy.

Let's begin.
Building a Portfolio

Here's MY approach.

1. Long Term investments
2. Stablecoins
3. Focus on 3 Narratives

Note: You might go through multiple narratives throughout the cycle to maximize profits.

% allocation depends on your risk tolerance & goals Image
Read 32 tweets
Dec 31, 2023
If you haven't done your 2024 annual planning yet, read this:
"Direction is more important than speed."

Spending a few hours (or even days) doing your annual planning is the highest leverage thing you can do right now.

I've been planning annually for 15+ years, and I'll share my battle-tested frameworks for personal/crypto with you.
PART 1: Looking Backwards

What happened this year? Let's refresh your memory.

Start a new spreadsheet and write down the major events & milestones.

Break it down by months and create personal, business, and crypto columns.

Here's an example: Image
Read 27 tweets
Aug 31, 2023
Being early is an advantage.

But there's nothing worse than thinking you're early when you're the exit liquidity.

Ask, how did you find out about this project?

Early: On-chain movements
Late: Reading a thread from a big influencer. Congrats, you're their exit liquidity.
Consider a narrative's lifespan.

Narratives don't last long in choppy markets due to lack of inflows / later entrants.

How long did hamster / friendtech last?

They can last for months in a bull market due to so many more players and liquidity.
Sometimes, I'll see tweets encouraging people to try to trade in this environment.

"Real traders can trade here!"
"PVP is a meme"

Show me the incentives and I'll show you the outcome.

Completely ok to be on the sidelines until the game's on easy mode.
Read 8 tweets
Aug 1, 2023
Bald is a memecoin that skyrocketed to $100m within 2 days.

Then the mysterious dev pulled liquidity and crashed the price.

The main suspect behind this?

Sam Bankman Fried.

Here's everything you need to know in 5 minutes: Image
First, this is 100% speculation - none of this is evidence.

But where there's smoke, there's fire. There are enough coincidences to give this story a look.

The details are all over the place, so I wanted to curate everything so you can catch up quickly.
Background:

Base is a new L2 by Coinbase built on Optimism. There's a lot of hype around the chain.

• The chance of an airdrop
• Coinbase's brand and distribution
• It's new, and ETH Layer 2s are hot
• Could be the Binance Smart Chain of the West Image
Read 23 tweets

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