Psychology of a Market Cycle - DeFi Edition
Here's the DeFi version of the infamous Wall Street cheat sheet aka "Psychology of a Market Cycle".
Of course - it's never really this simple. This is just a bit of fun, nothing I like more than applying this template in retrospect!
If it did follow the cheat sheet to the letter, we'd be seeing a long lull in the market and then a rise back up for roughly March 2021.
Note:
Full disclosure, I'm bullish on DeFi long term. I believe the current DeFi market will evolve, similar to how BTC evolved through many market cycles over time. Projects like $LINK, $NBT and $CORE will survive and thrive. The scams will boom and bust with each cycle.
Of course - it's never really this simple. This is just a bit of fun, nothing I like more than applying this template in retrospect!
If it did follow the cheat sheet to the letter, we'd be seeing a long lull in the market and then a rise back up for roughly March 2021.
Note:
Full disclosure, I'm bullish on DeFi long term. I believe the current DeFi market will evolve, similar to how BTC evolved through many market cycles over time. Projects like $LINK, $NBT and $CORE will survive and thrive. The scams will boom and bust with each cycle.