๐ง๐ง Trade Fearlessly: Mercury's Market Mantras
Round Table Weekly Recap - Week of May 1st
Gm degens,
We interview top experts in crypto every week to capture alpha for our community. This digest summarizes the key takeaways of recent conversations.
Letโs dive right in ๐
๐ย Trading & The State of The Market
Trader Mercury shares his journey and insights on trading in the crypto space with Kadeem Clarke.ย
He emphasizes the importance of learning from experience, trading the trend, and avoiding over-trading. He also discusses the future of the market and the impact of human greed.
Key takeaways:
1. Trading should be treated like a 9-5 job, with a focus on balancing work and personal life.
2. Traders should learn from experience and avoid over-trading, while also separating trading from investing.
3. The future of the market is uncertain, but traders should focus on the current narrative and avoid over-trading.
Counter arguments:
1. Some traders may argue that over-trading can lead to higher profits, especially in a volatile market.
2. Others may argue that it is difficult to predict the future of the market and that traders should focus on long-term investments rather than short-term gains.
๐ง๏ธ Hereโs an audio clip from this Space ๐๏ธย
Listen and keep reading ๐ฟ:
๐ตย How to Successfully Fundraise in Web3
The article is a conversation between Ben Lakoff and Kadeem Clarke discussing Balaji's recent $BTC bet, Ben's background in finance and crypto, and his experience with angel investing.
They also delve into the founding of Bankless ventures, an early-stage Web3 venture fund, and share valuable insights on fundraising, determining the right time to raise capital, and the funding process.
Key takeaways:
1. Bankless is a $30M early-stage fund where the founders get great deal flow because of their network down to popularity from the Bankless podcast.
2. As a VC, you need an investable business with a use case that will appeal to investors.
3. The best way to separate the evil from good investors is to ask for references for other investments and audits.