Are We in a Crypto Bubble?

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This is not financial advice. Neither of us is knowledgeable enough about the subject for this to be taken as any sort of advice. I have some thoughts now and whether we are, but in general, it just got me going down this train of, how do you determine whether youre in a bubble? Because, of course, everyone says, hind sight 20 20, but when you're in the bubble, can you really tell or not? Yes, it's an interesting question. And even if you could say that we were, you may be years before it actually pops. But i think in the case of crypto, which i know you've thought about more, is it's not an

At a time where several asset classes are at all-time highs, there's a lot of talk about whether we're in a bubble. That, coupled with crypto assets falling to ~half of their highs, prompted Cal and Steph to dive in to try to answer this question.

In this episode, they discuss the markings of past bubbles, the innovation hype cycle, the difficulty in profiting from nascent innovations, the importance of educating yourself and building your own conviction behind your decisions, managing your psychology (offense vs defense), the cyclical nature of market cycles, and of course... the burning question of whether they think we're in a bubble today.

They also share how they've fared in crypto and how they're thinking about investing moving forward (including Cal's foray into de-fi)

Recommended resources include the books "The Simple Path to Wealth" and "A Random Walk Down Wallstreet", as well as economic indicators like the Shiller PE ratio: https://www.multpl.com/shiller-pe

*** NOT FINANCIAL ADVICE *** :)