Crypto Market Outlook with CMS & Split Capital | EP 43
Mar 21, 2024
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Discussion on the current crypto market with insights on leading indicators, ETH ETF approval estimate, organic activity on Avalanche, and trading strategies. Guests share favorite projects, call out industry BS, and provide advice for retail and crypto founders. Insights on building sustainable crypto startups, navigating the venture market, and adapting to market volatility.
ETF flows dictate market trends in the crypto space, influencing trading decisions significantly.
Diversification and identifying undervalued L1 projects are crucial for successful long-term cryptocurrency investment strategies.
Speculative trends like AI coins and Layer 2 solutions play a vital role in navigating the volatile crypto landscape.
Deep dives
Market Cycle and ETF Flows
The discussion revolves around the current market cycle, questioning whether we are in a super cycle or a traditional four-year cycle. The focus is on ETF flows dictating market trends, with attention on the importance of ETF flow dynamics in influencing trading decisions. Emphasis is placed on the significance of ETF flows continuing steadily to drive trading strategies and market movements.
Cryptocurrency Investment Strategies
The conversation delves into short-term and long-term cryptocurrency investment strategies, highlighting the significance of rotational trading within the L1 ecosystem. The discussion underscores the value of diversification and identifying undervalued L1 projects for potential investment opportunities. It also touches on the impactful role of market sentiment and liquidity in shaping investment decisions.
Crypto Market Trends and Speculation
The dialogue addresses emerging trends in the crypto market, such as the hype around AI coins and Layer 2 solutions. It explores the speculative nature of AI coin investments and the potential for significant price fluctuations. The speakers discuss the importance of market value, flow dynamics, and narrative-driven trading strategies in navigating the volatile cryptocurrency landscape.
Risk Awareness in Crypto Investments
Investing in crypto assets involves hidden risks that investors should be aware of. While stablecoins present enticing yield opportunities, there are underlying risks due to volatile market fluctuations. The speaker emphasizes the importance of understanding the potential downsides, such as drastic asset devaluation within a short timeframe, and highlights the necessity for investors to be cautious despite the attractive returns.
Venture Capital Challenges in Crypto Market
The venture capital landscape within the crypto market is witnessing skyrocketing valuations and intense competition for deals. Despite the influx of capital, concerns arise regarding the sustainability of projects and misaligned incentives. Venture capitalists face challenges in acquiring promising deals and maintaining profitable returns amidst escalating valuations and liquidity issues, posing significant risks in an overheated market environment.
Imran and Qiao sat down with Daniel Matuszewski (CMS) and Zaheer Ebtikar (Split Capital) to discuss the current crypto market. No BS crypto insight for founders.
Timestamps
(00:00) Intro (00:51) Welcome to Good Game (03:33) Daniel and Zaheer's Macro View (06:24) Daniel and Zaheer's Primary Focus (08:14) Interesting Leading Indicators (10:53) Zaheer's Eth ETF Approval Estimate (14:51) The TradFi World Doesn't Care About ETH? (17:05) Thoughts on Jim Bianco's Theory (19:42) What Daniel and Zaheer are Trading Right Now (23:55) Render (RNDR) vs. Bittensor (TAO) (28:27) What Daniel and Zaheer are Bullish on Recently (32:46) Is There Organic Activity Happening on Avalanche? (34:07) Thoughts on Ethena (38:56) Where are We in The Cycle? (40:13) The Biggest Bullsh*t Daniel and Zaheer Have Seen in The Industry That They Want to Call Out (42:46) Crypto Startup Stories: Thunder Terminal (45:58) Advice For the Average Retail or Crypto Founders Who Has a Full-Time Job (48:12) How Daniel and Zaheer See The Venture Market Today (53:09) Trading Ordinals? (53:21) Any Favorite Projects? (54:40) Final Thoughts/Comments
Daniel Matuszewski Twitter/X: https://x.com/cmsholdings Zaheer Ebtikar Twitter/X: https://twitter.com/SplitCapital
Spotify: https://spoti.fi/3N675w3 Apple Podcast: https://apple.co/3snLsxU Website: https://goodgamepod.xyz Twitter: https://twitter.com/goodgamepodxyz
Web3 Founders: Apply to Alliance: https://alliance.xyz/ Alliance Twitter: https://twitter.com/alliancedao
DISCLAIMER: The views expressed herein are personal to the speaker(s) and do not necessarily reflect the views of any other person or entity. Discussions and answers to questions are intended as generalized, non-personalized information. Nothing herein should be construed or relied upon as investment, legal, tax, or other advice.
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