Crypto's New Realities: HODL is Dead, DAOs are LMAOs, Bye DeFi and More
How the crypto has changed over the years
The reason I love crypto, as part of finance and trading, is that the market clearly tells you if you are right or wrong.
Especially in this dystopian world of politics, arts, journalism, or many other industries where the line between truth and lies is unclear, crypto is straightforward:
If you are right, you earn money. If you are wrong, you lose. It's very simple.
And yet, I the trap I fall into is a very basic too: failing to reevaluate my portfolio when conditions changed. While I traded alts, I got too complacent with my ‘untouchable, HODL’ bags, notably ETH.
Of course, adapting to new realities is easier said than done.
The number of variables we need to input is overwhelming, so we end up with simple narratives like HODL that don’t require actively monitoring the market.
But what if HODL meta is now dead? And what role does crypto play in the changing world? What else have we missed?
In this blog I’ll share what I think has changed significantly in the market.
End of the HODL
Let’s t…