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.

- RSA

Recap for the week of February 23rd, 2021

🎙️WEEKLY PODCAST EPISODE

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

SCHEDULE RECAP

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