Steady Lads
Steady Lads #39: Will The Altcoin Bleeding Stop?
Apr 19, 2024
The episode discusses the bleeding of altcoins, the impact of the Bitcoin halving, AI in the crypto world, World Chain announcement, and even a segment on pasta. They share crypto war stories, lessons on crypto as a game, and explore the convergence of crypto and AI technologies.
57:16
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Quick takeaways
- Being early in the crypto game is crucial for success, avoiding most bets to protect against losses while capitalizing on potential gains.
- Navigating the recent altcoin downturn requires strategic approaches to trading amidst extreme price volatility and testing traders' risk management abilities.
Deep dives
Navigating the Volatility of the Crypto Game
In the crypto game, being early is key to success. Participants often avoid taking most bets to protect against losses, missing out on potential gains. The emphasis is on not becoming someone else's liquidity, allowing for strategic approaches to trading and investing.
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