4.6 • 821 Ratings
🗓️ 6 January 2022
⏱️ 47 minutes
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0:00.0 | All right, all you good citizens of Crip Nation. |
0:11.0 | Welcome back to the Crypto 101 podcast. |
0:14.0 | Pizza Mind here, joined by Bryce Paul. |
0:17.0 | Bryce, how you doing today? |
0:19.0 | You know, I'm doing pretty good, Pete, despite some volatility in the markets, which I was actually on the right side of for once. |
0:27.6 | It feels like, you know, the volatility feels like it always chops you up. |
0:31.6 | But I was able to capitalize, had plenty of sideline cash. |
0:35.6 | You know, we're recording this after a pretty huge rise in volatility in the market. |
0:41.3 | But yeah, things have been good. |
0:43.0 | I'm feeling happy, well positioned going here into the end of the year. |
0:47.6 | And with that being said, Pete's, how are you doing after the volatility? |
0:53.3 | Well, I'm not as smart. so I got liquidated on my link position on Ku-coin. |
1:00.0 | It dropped from $28 to about five. |
1:03.0 | So even though I thought I was well positioned at only 2.5x leverage, I still got pounded into dust. |
1:10.0 | So let that be, I thought to thought, what is the lesson here? |
1:13.6 | And it's just simply stay away from leverage. |
1:16.6 | When will I ever learn? |
1:17.6 | You've been trying to tell me for over a year now and what can I say? |
1:21.6 | Sometimes I'm just addicted to gambling and poor choices. |
1:25.6 | But we're recording this just after our Thanksgiving break. |
1:28.7 | And despite this being the craziest year and a crazy time in the craziest year, |
1:33.6 | there's still a lot to be thankful for. |
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