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The Blockcrunch Podcast

On a Tangent #1: How We 4x'd Our Portfolio in the First Year - Darryl Wang and Jason Choi

Jul 11, 2024
Tune in to hear from Darryl Wang and Jason Choi, co-founders of Tangent prop crypto fund, as they discuss Tangent's investment strategies, big wins and losses, trading vs venture investing, and advice on succeeding as an Analyst in the crypto market. Learn about their NFT investing strategy, their most successful investments like Stacks and Ronin, and insights into ETH/BTC and Arweave thesis. They also cover investment mistakes, team structure, and the impact of ETFs on the market cycle.
01:44:15

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Quick takeaways

  • Strategic long-term investments in Stacks, Akash, and Ronin align with Tangent's core theses.
  • Balancing venture investments with short trades enhances portfolio performance for Tangent.

Deep dives

Taking Aggressive Views on Cryptocurrency Prices

The team had a bold perspective on Solana's price trajectory, foreseeing a push to $200 when it was around $110, despite contrary sentiments. They made an aggressive long position on Solana that paid off with an exit at around $190, showcasing their ability to act on strong fundamental drivers in the market.

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