This week on The Defiant Podcast, we speak with Adam Cochran, an investor at Cinneamhain Ventures, who's probably most known for his extensive Twitter threads.
We kick off our conversation by asking Adam if he expected to turn into a meme in the crypto community for his long-winded tweets.
The primary driver behind crypto this year has been traditional macro markets. Crypto markets have been at the mercy of inflation and rising interest rates and the FED recently raised interest rates by half a point. Adam talks about where he thinks rates and inflation are headed and how will that impact crypto.
The coins mentioned on Adam’s shopping list from December 2021 have approximately lost 80% of their value this year. For comparison, Bitcoin has dropped 60%. We talk about the thesis behind the list and whether he’s changing it for next year. Adam says that he adjusted to the market conditions and had been shorting throughout the year, compensating for some of his long positions.
Finally, Adam shares some trade ideas for 2023.
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