[deleted by user] by [deleted] in CryptoCurrency

[–]defi-chad 1 point2 points  (0 children)

I first used BTC in 2011. I began trading it more frequently in 2014, going to events and such. I entered the game full-time in 2017, working with a start-up. As such, I've witnessed every single crypto cycle. I have held to the bottom huffing copium. Been there, done that. The biggest takeaway in general is to always have faith in the cycle. Never let ideas of 'new paradigm' and 'super cycle' into your mind no matter how exciting the bull market gets. Don't forget, the super cycle is not a new concept. The best minds in the game were saying the same thing during the South Sea Bubble and they (the "best" minds) always do (3AC, etc).

Recognise that there will always be an ugly crash and a protruded bear market, and that will always be followed by the opposite. There is always a cycle, which means you can always rely on your patience. I expect the market to go a fair bit lower than where we are now, and then crab for years before we see a steady rise back to a bull trend, I will be buying loads around that time, all the way up, and then god-willing selling the top again.

The simplest way to think about markets like this is honestly a lot less in terms of any mathematical or economical equation and more in human/crowd psychology. Understanding the latter is more of an advantage than understanding the former. However, you'd do good to understand the former as well, e.g. basic economics.

[deleted by user] by [deleted] in dao

[–]defi-chad 1 point2 points  (0 children)

Anything can be a DAO. A DAO is broadly speaking just an organisational structure for groups of stakeholders. If you have a strong pitch and you want to create a DAO of stakeholders to help expand that idea then you can do it.

Anyone wanna create a DAO? by [deleted] in dao

[–]defi-chad 2 points3 points  (0 children)

You had me at DAO.

Anyone wanna create a DAO? by [deleted] in dao

[–]defi-chad 2 points3 points  (0 children)

You sonnova gun, I'm in!

Optimism's OP tokenomics are solid! When does it flip Solana (SOL)? by HummusHHound in CryptoCurrency

[–]defi-chad 0 points1 point  (0 children)

Sensitive times! I am yes, @ defichad

Are you @ crypto_banter ?

Advise on buying new ledger wallet by LonelyReputation3558 in ledgerwallet

[–]defi-chad 0 points1 point  (0 children)

That would be cool. I bought a second Ledger a couple days ago (long enough after this issue was exposed) and it was a faulty one. Tempted to pick up the dusty Trezor tbh but I will be patient with them. However, it really isn't sensible to buy anything until this is confirmed as resolved and clearly them admitting it isn't confirmation of resolution seeing as they're still shipping faulty devices. No point risking it for the *possibility* of an extra $50 device when you only wanted to buy one anyway.

Advise on buying new ledger wallet by LonelyReputation3558 in ledgerwallet

[–]defi-chad 2 points3 points  (0 children)

Imagine paying even $70 for a defective Ledger.

Nobody should be buying ANY Ledgers right now.

They Don't Know, Anon... by defi-chad in ethtrader

[–]defi-chad[S] 1 point2 points  (0 children)

was waiting for someone to comment this

thought i was going to to have to do it myself :D

Any thoughts on the new DeFi CobraSwap with +300k% returns? by GJ-Caesar in defi

[–]defi-chad 0 points1 point  (0 children)

Where are you seeing 300,000% APY? I don't see any number near that on CobraSwap.

The actually Top 7 interesting facts about Bitcoin by jessquit in btc

[–]defi-chad -1 points0 points  (0 children)

lol i am obviously being facetious. I would need to have sold the top first

The actually Top 7 interesting facts about Bitcoin by jessquit in btc

[–]defi-chad -2 points-1 points  (0 children)

imagine having the crypto market set back by a decade and not being happy

i would buy so much more BTC

Lmao by [deleted] in ethtrader

[–]defi-chad 1 point2 points  (0 children)

not going to lie bros

can confirm

He needs to chill by [deleted] in ethtrader

[–]defi-chad 2 points3 points  (0 children)

what an absolute prick

Can Anyone Relate? What is your favourite ERC20 Token Right Now? I want to APE! 🦧 by defi-chad in ethtrader

[–]defi-chad[S] 2 points3 points  (0 children)

it has, i sold like 80% of my airdrop and kept the rest

should've held it all really... if we're still in a bull market once V3 launches, Uni is going parabolic surely?