Episode Details
| Title | On a Tangent #2: How We Survive Bull and Bear Markets in Crypto - Darryl Wang and Jason Choi |
|---|---|
| Date | 8/8/2024 |
| Podcast | The Blockcrunch Podcast ↗ |
Key Insights
Bullish:
- 🟢 $BTC - Positive outlook on BTC due to significant market events and announcements.
- “The Trump assassination attempt... was a huge point on getting us to flip from defensively positioned... back into an aggressive mode because we thought that this was enough to galvanize the market to say, okay, it's time to be resolved again.” - Darryl (0:00)
- “So when the assassination happened, in my mind, at least in your minds at first, and you convinced me afterwards, the odds for Trump winning basically went up dramatically... So we basically get to invalidate the bear market thesis within 3 weeks of us setting it.” - Jason (0:00)
- “I think the first one was the Cointelegraph fake, announcement of the BTC ETF being approved... once the BTC ETF did get approved, then, you know, that was a very clear sign that the market ready to go long on a very positive announcement.” - Darryl (0:00)
- 🟢 $ETH - 🔒
- 🟢 $SOL - 🔒
- 🟢 $CRYPTOAI - 🔒
Bearish:
- 🔻 $ETH - 🔒
- 🔻 $VOL - 🔒