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Side Hustle School

#2016 - Q&A: “How do you profit from DeFi in a bear market?”

Side Hustle School

Chris Guillebeau

Entrepreneurship, Entrepreneurship,, Careers, Small Business, Business, Side Hustle

4.73.3K Ratings

🗓️ 9 July 2022

⏱️ 5 minutes

🧾️ Download transcript

Summary

Is decentralized finance the future … or the past? After a huge two years, many DeFi projects have fallen 90% or more. How can you profit during “crypto winter”?

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Twitter: @chrisguillebeau

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

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Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.


Show notes: SideHustleSchool.com

Email: team@sidehustleschool.com

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com


If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼 


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Soar into a new age of adventure with World of Warcraft Dragonflight.

0:06.7

The dragons of Azeroth have returned to the Dragon Isles, and it's up to you to help them

0:11.2

defend their home.

0:12.7

Discover four new sprawling zones, harness the powers of the Drakthere Evoker, an all-new

0:18.7

race and class combo, and master the skies through the art of Dragonwriting.

0:23.8

Available November 28th on PC and Mac, learn more at worldofwarcraft.com.

0:38.6

Hey there, wherever you are in the world, I hope you are doing well, I hope you're taking

0:42.6

care of yourself, I hope you are investing in yourself.

0:45.5

I hope you're working on something that will pay off, far into the future, let's say

0:50.2

both short-term, long-term, maybe medium-term as well, right?

0:54.0

Like why not leave anything out?

0:55.4

Anyway, welcome to Side Isles School, my name is Chris Gillabo, today we're going to talk

0:58.8

briefly about decentralized finance, is DeFi the future or the past?

1:05.3

In the last two years, the world of DeFi has taken off, we've talked about it a couple

1:09.3

of times in the podcast in terms of game-fi projects or play to earn video games that you

1:15.1

can make money from, also some protocols you can invest in and receive an incredible

1:20.0

return, sometimes 400%, 500%, a thousand percent APR or more.

1:25.5

But now a crazy thing has happened, what goes up must come down, or at least a lot of

1:30.1

things that go up come down.

1:32.4

So for everybody out there who's invested in cryptocurrency and DeFi in particular, or

1:37.2

if you've just been interested in it, what does it mean to be in a bear market?

1:40.8

How can you profit during a time in which everything is down?

...

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