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Ignas
@DefiIgnas
Subscribe to my DeFi blog to get ahead of the curve 👉 Co-founder of @PinkBrains_io DeFi Creator Studio
参加 February 2017
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3 skills that transfer from crypto: - Stomach social criticism. Or being right when others wrong? For YEARS, media, governments, ppl around us shit on us while we got rich and they stayed poor. - Smell bullshit & being able to quickly change one's mind. Narratives shift quicker than most industries - risk tolerance. Can survive huge crashes. S&p500 is a stablecoin for us Not sure how relevant but first 3 things came to mind
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What you learn from trading crypto absolutely does translate to other markets. Stocks have their own idiosyncrasies with earnings, etc. but the foundational concepts are all still there. Knowing where the demand is. Position sizing, finding the right game to play. These are the same skills you need to know in any market. The main thing that is different is that Crypto is very monolithic. The correlation between crypto assets is higher than stocks though this seems to be getting looser over time. But being able to stomach vol. Knowing where there is blood. Being able to adjust to tail risk scenarios. These are all skills a good trader can take with them. Likewise if you suck in crypto you will likely suck everywhere else too.
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