Rainbow on FI

It doesn't even felt that long since the last crash . In my previous Defi adventure post , I was talking about breaking even in terms of the opportunity cost if I have held on to my ETH bought for Defi onboarding. How is my Defi portfolio faring now? The capital value has taken a slight beating in this storm but faring better by 14% than if I was holding ETH spot. That's in spite of a  farm-wrecked  episode after inception. (Note - ETH price on the date of my last post was around $4250, but now it is around $2700). A problem with spot trading is that we are often not that great at identifying the tops and bottoms. We can identify a trend but we often do not know how long the trend will last; whether we are selling too early in an uptrend or buying in too early in a downtrend. At times we wished we had done the opposite of what our brains tell us. A really simple way to overcome this is to buy or sell in tranches . That being said, the problem when I want to offload all of a ...

Among many great crypto articles I have read last year, I have curated three of which I felt are still relevant to date and very insightful. If you are looking to read more brain-stimulating articles, you could also check out my recommendations in the  Weekend Brain Food series  (mostly are non-crypto related). So here we go. Trading the metagame "Watching the winners & locating the problems in crypto can be a way of identifying potential metagames in advance." "Sometimes you can simply see that you missed the current meta and use that info to exit positions that are out of meta to preserve value , or just take a break and restore mental energy. As the meta and attention shifts to new things, capital bleeds out of previous metas. People sell the last meta they fomo’d for the next one. It’s a video game. Players want to play, they don’t want to be idle. Traders use the meta to exit/rebalance longer-term positions. If you had a big position in some token, which sudden...