Steady Lads #24: How To Not Midcurve The Bitcoin ETF Launch

5 snips

Jan 5, 2024

Crypto expert and financial analyst discuss the new year's market dump, EIP 4844, hacks and sim swaps, DeFi farming, and trading against news traders in this jam-packed episode of Steady Lads.

Ask episode

AI Snips

Chapters

Transcript

Episode notes

ANECDOTE

TRB Manipulation

Jordi Alexander recounts a story about Wintermute repeatedly trapping short traders.
They manipulated TRB token's price, causing $40 million in liquidations.

ADVICE

Focus on Plus EV Trades

Focus on positive expected value (EV) trades in a bull market.
Avoid risky, manipulative coins like TRB.

INSIGHT

Ethereum's Dilemma

EIP-4844 makes Layer 2s cheaper but impacts Ethereum's fee market.
This puts Ethereum in a tough spot between Bitcoin and Solana.

Get the Snipd Podcast app to discover more snips from this episode