Mert says the next game of the next cycle is perps
‘You can say all cycles to date have been driven by this speculative new game, at any given time, first was bitcoin, then it was ICOs, then it was DeFi summer, then NFTs & Memecoins’
‘I would say what’s next is perps what’s current as well, just being able to speculate on the price movement of different world assets’
‘Trading is one of the most fundamental and oldest games in human history before we had writing’
Mert says all the market feels the same way, and it’s just an endless cycle
‘I think they are all quite similar in that the sentiment feels like this is the last one’
‘You couldn’t have predicted fomo coming out when Bitcoin came out, but if you understood the tech, you knew it was possible in the realm of trading’
‘Traders don’t understand institutional cycles, because they are extremely long; a deal might take over a year to close’
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Instead of letting that energy fizzle out, let me walk you through exactly what I found, what I liked and what needs work. Real testing with
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