2min chapter

Bankless cover image

Bull Trap, or Bull Market? with Vance Spencer

Bankless

CHAPTER

Are You Worried About This Bear Market?

Vance: I've seen so many people blow up and including last year, the biggest freaking hedge funds in crypto blow up with short term time horizons and over leverage. Can we just say like, look, if you're only planning to be in crypto and only your positions for six months, get out. It's kind of like just like save yourself. The way I think of it is, do we need something new? Do we need new apps, new use cases, new things we haven't even thought of? Or do we need more of the same, more D five, more NFTs, more existing use cases?

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