TIMESTAMPS:
00:16 - Is DeFi in a bubble?
03:35 - When should you convert altcoin gains back into BTC?
07:52 - Will Bitcoin struggle to compete against all the new projects coming along?
10:39 - How do people carry their shopping home with such weak hands?
▶️ 3Speak
Feel like what's going on w DeFi is like playing a game of musical chairs.
Don't wanna be the last one out when that bubble pops! Good luck y'all!
hahaha you mean that game from kindergarten? :D
Yep or we can go with a game of hot potato. Same principle. For there to be winners, gotta be some losers.
haha who is the last holding the bomb :D
I like the analogy
Musical chairs is a great metaphor!
Thanks!
It's in a bubble but I'm not sure if the bubble will pop BEFORE the next big Bitcoin bull run. That bull run could fuel the DeFi bubble for the next year... turning it into that MEGA-bubble you touched on.
Yeah there's no way the bubble will pop when Bitcoin hits 20k, that's when everything goes crazy 😆
DeFi is just a buzzword for me, so yeah definetely in a bubble rn
I did not like DeFi, for me it is popularity only, I try to keep up with the fundamentals and the truth is I am not attracted to DeFi
Feels like right now, we are in the DeFi world
I'll happily sit out the entire DeFi craze. I don't have time to go searching for the next big pump. Coin flipping is incredibly stressful and time consuming. Also, the tax consequences are complicated to stay on top of. Exposure through ETH is good enough for me.