Dear Bankless Nation,
Crypto corrections are normal. As David said early this year:
There are three things certain in life: death, taxes, and -40% drawdowns in crypto.
Drawdowns happened multiple times last market cycle. Here’s BTC in 2017:
Pull backs are normal. It never goes straight up. Yes, we’re still in a bull run.
Zoom out and realize crypto is crushing it—here are the numbers:
- BTC: +57% YTD
- ETH: +98% YTD
- DPI: +207% YTD
Don’t panic. Don’t stress. This is par for the course.
Relax, enjoy the ride, and keep leveling up.
I mean guys…we had Mark CUBAN on the show this week (some killer clips here). And he’s teaching himself solidity. 🤯
We’ve come a long way.
Here’s what’s booked for next week:
- Podcast with Mark Cuban dropping on Monday (subscribers have early access)
- We’ll show you how to make bank trading the funding rate on perps
- Lucas is going to run through the key metrics to value a token
Let’s get to the recap.
- RSA
Recap for the week of February 23rd, 2021
🎙️WEEKLY PODCAST EPISODE
Listen in Podcast App | iTunes | Spotify | YouTube | RSS Feed
SCHEDULE RECAP
- Execute any good market opportunities you saw in Market Monday
- Learn how to get exposure to NFTs 🔥
- Read how crypto is going to eat traditional art
- Understand why DeFi needs trust minimized money
- Tell us: Is Binance Chain DeFi?