Bear Market War Stories with DCinvestor & Eric Conner
Bankless
Bankless
4.7 • 1.2K Ratings
🗓️ 29 June 2022
⏱️ 81 minutes
🧾️ Download transcript
Summary
On this episode of Bankless, we welcome back DCinvestor and Eric Conner to share their multicycle bear market war stories. But that’s not all!
They also unpack why they keep on deciding to stay every cycle, what’s different about this cycle vs. previous cycles, the role leverage and macro conditions have played, and their hard-hitting, gigabrain advice for first-time cyclers and multicyclers alike.
Survive and advance, anon. We’re going to make it.
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Topics Covered:
0:00 Intro
4:03 Being a Multicycle Vet
11:31 Market Phases
19:12 Credit to Staying
26:03 High Conviction High Loss
32:37 Regulator Fear
41:31 Lessons From This Cycle
49:00 Leverage
56:34 Macro Conditions
1:30:50 The Merge vs. Macro
1:09:00 Advice for Newcomers
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Resources:
DCinvestor
https://twitter.com/iamDCinvestor
Eric Conner
https://twitter.com/econoar
Devil Take the Hindmost: A History of Financial Speculation
https://www.amazon.com/Devil-Take-Hindmost-Financial-Speculation/dp/0452281806
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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.
Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures
Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Bankless, where we explore the frontier of internet money and internet finance. |
| 0:11.8 | This is how to get started, how to get better, and how to front run the opportunity. |
| 0:15.7 | This is David Hoffman without my co-host, Ron Trot Adams, because he's a way at the |
| 0:18.9 | beach for a well-needed vacation. |
| 0:21.4 | But either way, Bankless is here to help you become more Bankless. |
| 0:25.0 | And so, today we have on the show Eric Conner and DC Investor, and these are people that |
| 0:29.3 | have been through multiple market cycles. |
| 0:32.2 | They've got the battle scars to prove it. |
| 0:34.0 | They've got the gray hairs of wisdom that we so desperately need during these highly |
| 0:37.6 | chaotic and uncertain times in the crypto world. |
| 0:40.4 | And so, we go through some very simple but deep questions as to something I think we |
| 0:45.0 | could all get behind, which are things like, what lessons have we learned throughout |
| 0:48.7 | the market cycles? |
| 0:50.0 | What lessons did we learn through this market cycle? |
| 0:52.8 | How has the personality and investing strategy changed as a result? |
| 0:56.5 | Like what has the market cycles done to these humans? |
| 1:00.0 | As the markets chewed them around, yet they are still here in fighting and will always |
| 1:04.0 | live another day, even though they've seen it all. |
| 1:06.2 | And also, of course, we get into the conversation of macro. |
| 1:09.0 | Is the merge more powerful than macro? |
| 1:11.0 | And what are they thinking right now in this present moment in crypto? |
| 1:14.7 | And of course, what are the patterns that we all see every single market cycle? |
... |
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