White Coat Crypto

Research, portfolio design, risk management and mindset for newcomers and natives | Practicing Emergency Physician | Crypto investor since 2021 | NFA

[White Coat Crypto @CryptoWhitecoat]

What do sustained stablecoin inflows to a chain really mean for token price action??

If you're hunting for some quick flips following the hot ball of money, you gotta know where to place your bets.

An Arbitrum alt case study

🧵

[White Coat Crypto @CryptoWhitecoat]

Markets puking is never fun, and calling the bottom is a fools errand.

But that fear you feel is historically a good buy signal.

[White Coat Crypto @CryptoWhitecoat]

@NFT_GOD Recently, reading “a good enough job” has changed my perspective on what it means to have enough.

[White Coat Crypto @CryptoWhitecoat]

@SuperSteveFarms Might have some positions that hit 20-50x, but I’m of a similar mindset that a portfolio wide 10x would be pretty damn good.

[White Coat Crypto @CryptoWhitecoat]

@KPcopywriting4 @rektdiomedes Eggsactly

[White Coat Crypto @CryptoWhitecoat]

You wouldn’t put all of your valuables in the same safe.

You shouldn’t have all of your crypto assets in one wallet.

Don’t trust a system with a single point of failure.

[White Coat Crypto @CryptoWhitecoat]

Tokenomics, audits, doxxed founders, diehard community, revenue pass through, etc. won't mean a thing if the project doesn't actually DO something useful.

[White Coat Crypto @CryptoWhitecoat]

While there’s a lot going on under the surface, Crypto markets are boring right now.

In these situations, there’s nothing wrong with having a boring portfolio, too.

It’s easier to ignore the noise with most of your portfolio in majors, stables, and low-volatility LPs.

[White Coat Crypto @CryptoWhitecoat]

If you're buying assets that you plan to sell in 2024-2025 or later, do yourself a favor and stop watching any charts below the 1d.

Honestly, the weekly chart is generally adequate for longer term investors.

Your emotional and mental health will appreciate it.

[White Coat Crypto @CryptoWhitecoat]

@IamZeroIka Agreed. I’m tempted to scoop alts but instead I’m being diligent waiting for bottom formations on charts. Still DCAing $Eth here though.

[White Coat Crypto @CryptoWhitecoat]

Fat shaming is bullocks, certainly. Shame is a poor motivator, and breaks down patient-provider relationships.

I never said these individuals lack sense. Many people that struggle with their weight are aware of and dealing with negative health effects on a daily basis.

I also never placed the blame for the difficulty with making lifestyle changes on to the individual. Breaking a lifetime of habits takes far more than just willpower.

Simply recommending "diet and exercise" to a patient minimizes the cataclysmic shift that is required to establish and maintain healthy habits long term. It completely disregards the emotional, psychological, sociological, economic and physical challenges that must be overcome to create lasting change in diet and exercise habits.

I'm not saying it can't be done. I'm certainly not saying it shouldn't be recommended by doctors and attempted by patients. But I'd wager there isn't a single patient out there who isn't aware of exactly what they need to do to live a healthier life.

The medical system needs a better way to actually support people in making these changes, instead of offhandedly reiterating platitudes like "Just eat well and exercise."

[White Coat Crypto @CryptoWhitecoat]

USDC direct on/off from Arbitrum with @coinbase is hands down the most exciting crypto development of 2023.

[White Coat Crypto @CryptoWhitecoat]

Multi-collateral ☑️
Governance driven incentives ☑️
Bribe market ☑️
Revenue pass through to ve lockers ☑️

Wen “convex of prisma”?

[Prisma Finance @PrismaFi]

1/ While conceptualizing Prisma Finance, we introduced several properties to the protocol that we believe would help realize the full potential of Ethereum liquid staking tokens. This is how we set ourselves apart.
https://t.co/XHSHj7dMuA

[White Coat Crypto @CryptoWhitecoat]

@CAPnCrunch999 Glad to have you 🤝

[White Coat Crypto @CryptoWhitecoat]

I’m not usually an NFT guy, but the Llamas aren’t a usual NFT project.

Glad to see hype picking up as the auctions come to a close.

[crox @0xCrox]

If you are following the web3 and the NFT world there's no way you didn't already hear for @WenLlama!!
Yesterday someone swooped in and bought 20 Llamas!!! ~50Ξ

Want to know who did it, why, and how you can join in?

Get all the juicy details below!
1/ 🧵👇

[White Coat Crypto @CryptoWhitecoat]

@Deebs_DeFi We’re firmly in the “and then they fight us…” stage

[White Coat Crypto @CryptoWhitecoat]

@lou_markets Buy signals across the board

[White Coat Crypto @CryptoWhitecoat]

@0xAero8 Perspective is easy to lose in the cacophony of Twitter.

[White Coat Crypto @CryptoWhitecoat]

@0xAero8 I didn’t think we’d have this long to DCA sub $2k Eth… it’s a pleasant surprise.

[White Coat Crypto @CryptoWhitecoat]

Some of the most impressive human creations were done with the most basic of tools.

Michelangelo painted the Sistine Chapel with natural pigments and animal hair brushes.

Stop wasting your time trying to find “the best tool.” Instead focus on mastering the basics.

[White Coat Crypto @CryptoWhitecoat]

It's possible that we'll see other LSD backed stablecoin projects have huge pumps like $LBR did, but I expect they will be similarly short lived.

This will be doubly true if TVL is being incentivized by heavy inflationary token rewards.