Defi has been beaten down badly over the past 15 months. Its interesting to observe how the @RobinhoodApp chain seems to be causing interest in DeFI to rise again. Far to early to call it a Renaissance...but watching.
Favorite DeFi projects include $CRV, $UNI, ethereum:0x514910771af9ca656af840dff83e8264ecf986ca
I think this also gives $HYPE a chance to cool off as many people view this launch as bearish (I do not).
Lloyd Blankfein, former CEO of Goldman Sachs, broke down his entire personal trading setup:
portfolio: 98% risky assets. 75-90% single stocks. mostly big tech hyperscalers plus "second tier" names slightly below blue chip.
"i invest in risky assets. that's what's fun for me."
"do you have a team? oh, just me."
hardware: no computer. an iPad and a phone.
information source: texting and calling people.
"somebody will text me. i'll text them. then i'll get tired of tapping things out because of my fat fingers. so i just call people up."
frequency: trades every single day. multiple times.
"it's taking a lot of discipline not to look at my screen while i'm talking to you right now."
"some people listen to music. to me, the market is like music. it's out there. it's going on."
has he outperformed the market? "yes, i have for a while. it's because of where i focused, tech, energy, and financial services. i know a lot about financial services having been in financial services."
the former CEO of Goldman Sachs. manages his own money. on an iPad. alone. focused on three sectors he actually knows. and beats the market.
sometimes the edge isn't the model. it's 40 years of pattern recognition and a phone full of the right contacts.
JUST IN: 🇺🇸 Former President Joe Biden's son, Hunter Biden, says "fiat is a sham, the banking class is corrupt."
"Decentralized digital currency and the blockchain are the inevitable future."
btw this isn’t the first time a bug like this was discovered in zcash. last time it was disclosed after being a year+ in the wild and everyone lost faith and zcash went to zero for 7 years, until they found a new generation of buyers who doesn’t know the history (that’s you)
My own theory, which yesterday confimed - at least in my mind - is that this is all about Iran
IMO any coins that could be linked to Iran/IRGC have been dumped to avoid possible sanctions (i.e. tainted coins), buy weapons, resources, etc..
OFC not only Iran was selling, but it explains the feeling of constant sell pressure even at obvious support levels and it being quite BTC specific
I think today may be the start of an everything rally (as opposed to a “AI rallies and anyone invested in anything besides AI wants to end it all” situation).