DeFi Warhol Profile picture
May 19 1 tweets 1 min read Read on X
Prediction for the next 12-24 months:

Every major crypto wallet like @phantom or @TrustWallet will launch its crypto card.

Pros:
- Ease to use
- Adoption boost
- No more off-ramping headaches

Cons:
- KYC will kill privacy
- Geographical restrictions

• • •

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More from @Defi_Warhol

Dec 20, 2024
Have you ever FOMOed at highs and sold the absolute low?

That's your brain's "factory settings" working against you.

Here are 10 ESSENTIAL mistakes you must acknowledge and avoid 🧵 Image
1/➣ Loss Aversion

Losing money hurts more than gaining it. Winning $1000 doesn't match the pain of losing $1000.

For example, if your investment drops 50% and more bad news comes, you can sell to cut losses. However, due to loss aversion, some prefer to wait, fearing loss from selling.
2/➣ Overconfidence

"You're not a good trader, everything is just pumping" - seems familiar?

We tend to overestimate our abilities. We get lucky a few times and think we're smarter than we are.

The key to beating overconfidence is solid risk management strategies.
Read 12 tweets
Dec 9, 2024
If you could return in time and buy $TIA at a $320m market cap, would you? The answer is obvious.

Well, you actually can.

$AVAIL is one of the best bets of this bull market. Here's why 🧵 Image
1/➣ What's @AvailProject?

Avail serves as a unification layer that enables modular execution layers to scale and interoperate in a trustless way.

It features three key products ↓

- Avail Data Availability
- Avail Nexus
- Avail Fusion Security

We'll analyze each of them. Image
2/➣ Key Features

- Avail DA: A data availability layer, providing data for anyone, including other blockchains, to build upon.

Avail uses validity proofs, allowing developers and users to independently verify data availability without relying on Avail's assurance. Image
Read 15 tweets
Nov 13, 2024
I've been in crypto for 7+ years and I've seen my portfolio go to 0 multiple times.

I can confidently state that by the end of this bull run, the majority will exit broke.

Here's how you can avoid it 🧵 Image
1/➣ Keep only liquid assets

The thesis is simple: even if your $1,000 investment pumps to $100k if the asset lacks liquidity, you won't be able to capitalize on it. Acting quickly is as crucial as the investment itself.

The recent $GIGA case is a prime example of this.
2/➣ Always set invalidations

Whenever you buy a coin, always have an invalidation plan. This could be a fundamental trigger (narrative cooling down/legal issues), or a technical trigger (break of key support).

There's no shame in closing at a loss for a better entry later.
Read 12 tweets
Sep 24, 2024
Recently, @CoinMarketCap released a comprehensive analysis of the state of Bitcoin DeFi.

Here is my summary with the most important insights 🧵 Image
➣ I highlighted only the most important information I found most interesting.

If you want to read the entire report, you can do that here ↓
coinmarketcap.com/academy/articl…
1/➣ Origins

While revolutionary, Bitcoin's original architecture posed significant limitations for DeFi.

Core design elements and their limitations were the UTXO model, limited scripting, lack of Turing completeness, big block sizes, and slow transaction speed. Image
Read 14 tweets
Sep 20, 2024
The market is boring, don't waste time endlessly checking charts.

Here are 10 tokenless protocols to interact with 🧵 Image
1/➣ @ParticleNtwrk

Raised: $23.8m
Backers: @BinanceLabs, @TheSpartanGroup, @GumiCryptos, etc.

Guide ↓
2/➣ @berachain

Raised: $142m
Backers: @polychaincap, @hiFramework, etc.

Guide ↓
Read 13 tweets
Sep 19, 2024
Reality check: Crypto is a tough industry that is heavily controlled.

Whales and VCs will constantly try to outsmart you.

Here are 5 secrets that will help you fight back 🧵 Image
1/➣ Don't HODL

"Just HODL and you'll make it" - a familiar phrase, right? Well, it's wrong.

Outside of Bitcoin and perhaps Ethereum, you cannot blindly HODL an asset.

The altcoin space is incredibly volatile; even the TOP 10 projects can go to ZERO in a heartbeat.
➣ Here is a snapshot of top projects from December 2017.

How many are still at the top? Exactly. You need to stop holding your bags for years and take profits!

"But what about the tech?" - All these projects had revolutionary tech at the time, so it's no argument. Image
Read 13 tweets

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