
E69: Tangent Co-Founder: How I Made My First $1M in Crypto
When Shift Happens Podcast
Introduction
Exploring the struggles of crypto projects facing user and financial exodus, followed by an interview with Darrow Vah of Tangent discussing the shift from traditional finance, perspectives on new cryptocurrencies, and ethical standards in the industry.
Darryl Wang is the co-founder at Tangent, a collective of experienced operators and founders behind some of the largest projects and protocols in Web 3. He is also one of the most brilliant crypto traders in Asia-Pacific.
In this conversation, we dive into:
- What does a Bitcoin ETF mean for the Crypto Industry?
- The Future of Crypto Currency
- Reasons for Owning Bitcoin / Cryptocurrency
- Potential Risks of Web3 and the Centralization of Crypto
- How to Master this Crypto Cycle
- Memecoins
- Alpha: Pudgy Penguins, Ronin Network and Prime
- Advice to Crypto Newcomers
- How to Mitigate Losses to be a profitable crypto investor and trader
And more!
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SPONSORS:
🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation.
♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies.
https://www.coinsilium.com
♾️ Astar Network is a Web3 hub for innovation, offering tools and a blockchain platform for decentralized apps and smart contracts. It invites users to innovate and connect in a community-driven ecosystem, transforming ideas into reality with its robust infrastructure.
https://astar.network/
🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration.
https://www.mantle.xyz/rewards-station
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Connect with Darryl 👇
LinkedIn: https://www.linkedin.com/in/darryl-wang-096326104/?originalSubdomain=sg
Twitter: https://twitter.com/0xWangarian
Instagram: https://www.instagram.com/wangarian_brewmaster/
Twitter: https://twitter.com/tangent_xyz
Website: https://www.tangent.ventures/
Contents of the Video
0:00 Who is Darryl Wang?
1:34 Mantle Partnership
3:42 Exploring Moral Integrity in Crypto Communities
6:31 FOMO and Greed within Crypto Communities
9:21 What’s your Moral Code?
11:41 Meet Darryl Wang: Co-Founder of Tangent
12:07 Getting into and Transitioning into Crypto
16:11 Getting Hired by DeFiance
18:21 Life Lessons Learned from DeFiance
18:51 Making First Million from Crypto
21:00 Managing Risk in Liquid Trading
22:44 Balancing Conviction with Investments
25:46 Investment Strategies and Risk Management
28:44 Solana: Missing Opportunity and Bouncing Back
35:06 Knowing When to Double Down
41:47 Astar Network Partnership
42:37 Crypto Genius’s Take on Meme Coins
47:45 Crypto Founders and their Skill Sets
49:31 Fundamentals in Crypto in Meme Coins
53:35 Investing in Crypto as a ‘Normal Person’
54:51 Michael Saylor and Bitcoin Cycles
55:28 Decision-Making in Crypto as a ‘Normal Person’
58:13 Protecting Yourself in Market Cycles
1:00:06 Darryl Wang: Meme Coin Trading
1:04:22 How to Know When to Stop?
1:07:51 Bitcoin Halving and its Cycle Position
1:11:16 Factors that Affect Crypto Cycles (Bitcoin)
1:12:26 Investing Through Market Cycles
1:14:30 Reading Market Cycles and Their Patterns
1:17:22 When to Invest in Market Cycles to Mitigate Losses
1:18:45 How to Stay Disciplined while Investing?
1:19:54 Impact of ETFs on Crypto Market Cycles
1:22:25 Leveraging Friendships for Smarter Investing
1:25:21 Repeating Financial Crises in Crypto
1:27:39 Predicting the Next Blow-Up in Crypto
1:29:05 Lost Bitcoin Story
1:30:32 What is Tangent? And Why did it Start?
1:32:48 Managing your First Crypto Cycles as a Beginner
1:34:09 How to Bring Value to Crypto Teams
1:36:56 Darryl Wang on Pudgy Penguin
1:38:21 The Potential of Pudgy Penguin
1:41:53 Darryl Wang on Ronin
1:45:14 Darryl Wang on Prime
1:47:26 Investing in Ceilingless Narratives
1:49:35 Advice to Crypto Newcomers
1:51:40 Prediction for the Future of Crypto