Cycles Don’t End Before They Start | David Kalk & Pranav Kanade
Gm! This week we're joined by David Kalk & Pranav Kanade to discuss the current state of crypto markets. We deep dive into the unwinding of the basis trade, what's next for BTC & alt's, the psychology of trading, market reflexivity, is the cycle over & much more. Enjoy!
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ZKsync is the pioneering zero-knowledge technology powering the next generation of builders with limitless scale. Secured by math and designed for native interoperability, ZKsync enables an elastic, ever-expanding network of customizable chains.
Deeply rooted in its mission to advance personal freedom for all, the ZKsync technology makes digital self-ownership universally available.
To learn more about ZKsync, visit http://www.zksync.io
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GEODNET’s native token, GEOD, can be easily mined with a GEODNET Satellite Miner, presenting a unique opportunity to generate passive income. By setting up a GEODNET base station, you can join this groundbreaking Web3 ecosystem that is powering the future of AI and robotics.
Join the revolution today and learn more at https://geodnet.com.
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Petra Earn was designed to make DeFi more accessible for everyone—from seasoned pros to DeFi beginners. Manage your balance, claim rewards and deposit directly from the app.
By supplying USDT to Aries lending pools, users have the potential to earn a higher yield compared to some traditional methods.
Not financial advice. Participating in Defi carries risks. To learn more visit petra.app/earn
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Get up to speed on the biggest stories in crypto each week. In five minutes.
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WalletConnect is the onchain connectivity network . If you’ve connected to a Web3 app, you’ve seen WalletConnect. It’s everywhere—an icon of trust in crypto, as recognizable as Visa at checkout.
The numbers speak for themselves: Over 220 million connections and 35 million users worldwide use WalletConnect to power their Web3 experience. @WalletConnect on X and Telegram or visit https://WalletConnect.Network
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Timestamps:
(00:00) Introduction
(00:47) State Of The Market
(05:07) Unwinding Of The Basis Trade
(10:40 Ads (ZKSync, Geodnet)
(12:42) Finding The Best Trade In Crypto
(15:42) Reflexivity In Crypto
(19:40) Allocating To Crypto
(22:02) Ads (ZKSync, Geodnet)
(24:04) Why Have Alt’s Underperformed?
(28:08) Is The Cycle Over?
(40:13) Ads (Aptos, Bitwise, WalletConnect)
(42:32) How Does Macro Impact Crypto?
(46:08) Trading This Cycle
(49:55) Narratives vs Fundamentals
(53:32) A Framework For Investing In Crypto
(58:35) Crypto Market Inefficiencies
(01:00:30) The Psychology Of Trading
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
Mastering the Psychology of Crypto Cycles | David Kalk & Jeff Park
In this episode, David Kalk of Reflexive Capital and Jeff Park of Bitwise explore the critical role of psychology in crypto trading. They argue that mastering one's emotions and biases is the key to outperforming in the highly volatile and reflexive crypto markets. They unpack the limitations of traditional venture approaches, the potential for liquid strategies, and why psychological resilience may be the most valuable edge in today's crypto landscape. They share their perspectives on managing trading psychology, adapting to market regimes, and the future of institutional crypto investing.
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Start your day with crypto news, analysis and data from Katherine Ross and David Canellis.
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The 6th edition of Meridian, a web3 conference hosted by the Stellar Development Foundation is happening in London, England October 15-17, 2024.
Learn more and get your early-bird priced tickets now at meridian.stellar.org by using the code BLOCKWORKSPOD.
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Avalanche is a smart contracts platform that scales infinitely and regularly finalizes transactions in less than one second. Its novel consensus protocol, Subnet infrastructure, and HyperSDK toolkit enable Web3 developers to easily launch powerful, custom blockchain solutions.
Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.
Start building today at https://www.avax.network/
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Harpie sets the standard in on-chain security, actively monitoring and safeguarding your crypto wallet against theft in real time. It detects, blocks, and recovers stolen assets from risky transactions before they execute, shielding you from even the most advanced hacks and scams. Harpie is free to use and compatible with all Ethereum, Base, Polygon, and Arbitrum wallets.
Protect your crypto today at harpie.io.
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Renaud Partners has built the most elite network of native crypto marketers globally.
They create custom, expert teams to support founders with transformative strategy work.
If you’re a founder or a VC looking for support for your teams, head on over to RenaudPartners.com or give their co-founder Geoff a follow on x at https://x.com/ReoffGenaud
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Timestamps:
(00:00) Introduction
(02:58) David & Jeff Intros
(06:03) Crypto's Liquid Inefficient Market
(25:07) LP Priorities
(29:24) Liquid vs Private Markets
(31:57) Value of Psychological Edge
(44:29) Stellar Ad
(45:17) Invisible North Ad
(46:12) Avalanche Ad
(47:09) Harpie Ad
(48:01) Navigating Market Environment
(01:03:37) Managing Emotions in Markets
(01:12:29) Is Crypto Worth it?
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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.
