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Weekly Action Recap

Your bankless action recap for fourth week of February 2021
Ryan Sean Adams Ryan Sean Adams Feb 27, 20211 min read
Weekly Action Recap

Dear Bankless Nation,

Crypto corrections are normal. As David said early this year:

There are three things certain in life: death, taxes, and -40% drawdowns in crypto.

Drawdowns happened multiple times last market cycle. Here’s BTC in 2017:


Pull backs are normal. It never goes straight up. Yes, we’re still in a bull run.

Zoom out and realize crypto is crushing it—here are the numbers:

  • BTC: +57% YTD
  • ETH: +98% YTD
  • DPI: +207%  YTD

Don’t panic. Don’t stress. This is par for the course.

Relax, enjoy the ride, and keep leveling up.

I mean guys…we had Mark CUBAN on the show this week (some killer clips here). And he’s teaching himself solidity. 🤯

We’ve come a long way.

Here’s what’s booked for next week:

  • Podcast with Mark Cuban dropping on Monday (subscribers have early access)
  • We’ll show you how to make bank trading the funding rate on perps
  • Lucas is going to run through the key metrics to value a token

Let’s get to the recap.


Recap for the week of February 23rd, 2021


Listen in Podcast App | iTunes | Spotify | YouTube | RSS Feed


  1. Execute any good market opportunities you saw in Market Monday
  2. Learn how to get exposure to NFTs 🔥
  3. Read how crypto is going to eat traditional art
  4. Understand why DeFi needs trust minimized money
  5. Tell us: Is Binance Chain DeFi?

Watch & Listen

  1. 🎙️ Listen Building DeFi on Layer 2 | Synthetix, Loopring, Immutable
  2. 📺 Watch Fireside Chat | Stani Kulechov, Fernando Martenelli, Dan Elitzer 🔥
  3. 📺 Watch State of the Nation #35: NFT MANIA | Nifty Gateway Founders
  4. 📺 Watch ROLLUP: Big Dip | NFT Culture | Coinbase IPO | Ethereum Jobs
Ryan Sean Adams

Written by Ryan Sean Adams

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Crypto investor going bankless.

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