How to (Not) Underperform your 2nd Cycle w/ Wangarian

Episode 15 of Crypto Market Wizards, a new interview series focused on crypto traders in the trenches of the liquid markets. Today we have Darryl Wang talking sharing advice to 2nd cyclers who are midcurving the current markets. We discuss what mental blocks most of us have and how "dreaming bigger" is a requirement if you want to run it up. However, you always need to ground yourself in order to not get rekt at the end.
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Timestamps:
00:00 Where are we in the cycle?
06:39 ETH: The Uncuckening?
13:18 What Does Retail Buy?
18:39 How to not Midcurve
26:51 Sizing Bets
30:50 Managing Fomo
33:35 Portfolio Strategies
35:32 Will Crypto Have a Use Case this Cycle?
38:05 Finding Clarity in Bull Markets
41:36 DOGE Anecdote
44:28 Takeaways & Role Models
48:42 Advice to Newcomers
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[@thehumblefarmer]

Thanks for watching until the end! If you want more content, please check out: Free Newsletter: hfaresearch.substack.com/ Free Telegram: t.me/+3LgpNxIgJ4IzY2Fh Premium Discord: whop.com/humble-farmer-army

[@volpe_sol]

I always enjoy Taiki’s content, but this is one of the most profound conversations about cycles i’ve heard in a long time, it took me by surprise! Incredible.

[@thehumblefarmer]

glad you enjoyed it!

[@taikimaeda01]

@taikimaeda0

[@taikimaeda01]

Telegram

[@Rey_R_]

Crypto Market Wizards and your book summary series are the best. Keep up the good work, Taiki!

[@ertzor]

Taiki, you are a great interviewer. I've listened to some other interviews, but your conversations are always more interesting and recognizable.

[@matthewbeary1600]

Taiki is an incredible interviewer, and each guest has contributed a very interesting and well-thought-out perspective. Keep up the amazing work.

[@benwebb1]

Really been enjoying your content lately Taiki. Thank you 🙏🏽

[@ipodtouch470]

As someone that entered 2017 at the very end with 100 bucks. Then went into 2021 with what could be considered the first time. I missed out a lot because 2017 had scared me from buying crypto. My biggest advice is remember that there is life outside of crypto and to dca out. What do I mean by this? In 2021 I hit crypto hard skipping social events, working out, and class lectures to investigate coins in discord groups and telegrams. Fast forward to the end of the bull market in 2021 I had compounded every gain into an alt coin and when the end of the bull market came I had nothing to show for it. I also gained 70 lbs, failed my classes, and my friend ship diminished because I had blown them off.

[@cccspwn]

well said

[@thehumblefarmer]

yea similar to what darryl said near the end - money is worthless without people to celebrate it with, and your personal health is very important

[@taikimaeda01]

@taikimaeda0

[@taikimaeda01]

Telegram

[@whyumadbiatch]

Feeling exactly how this convo went! Felt like I went to therapy with people who know the space. Thank you for this 🙏

[@kadearrington2615]

Great content as always, Taiki.

[@thejamesinator17]

Phenomenal advice at the end. Certified GOAT!

[@x1k790]

That was fun. Great to hear the perspectives of those in various cycles vs just coin, price, drops and other degen plays. I like those too 😅

[@buzzrot]

Good mentality to go into this cycle with. You're right, you can't bring all the loss and pain with you and drag you down.

[@MisterAtho]

Algorithm blessed me today and now I’m here 🙏 great work fam

[@vinniep237]

monthly episode with wangarian would hit the spot!!

[@jokazboi]

Daryl is very clear and concise. Doesn’t pretend to know what he doesn’t.

[@diencai1812]

Amazing interview!!!

[@Giorgos.A101]

great talk, thank you guys

[@DegenPhilly]

You guys don't understand. Not buying memecoins is literally the most Degen thing you can do. People don't wanna get rekt in VC coins just for a 4x or 10x. They wanna ape meme coins and ordinals where everyone has a fair chance.

[@s_cuzz]

Yeah right...fair memecoins xD only dogecoin was fair rest is scam , some will blow up but 99% will die.

[@tobymcflurry258]

About to watch this video and hopefully it helps, because i got rekt in my first cycle and the PTSD has prevented me from buying and taking risks, i only have a small portfolio now and feel annoyed i didnt buy during the bear, but i couldnt afford to lose any more! PTSD is real 😭

[@MsMrshanks]

Another great chat 😊

[@blackfish101]

Taiki, great video and interview

[@xXPochiXx]

Great conversation, this is my 3rd cycle but they questions asked here can't be more relevant.

[@TrustlessMike]

We are all dreamers Wangarian.

[@fomo-ducats1931]

Third cycler here. Harrypotterobamasonic10inu is next

[@pooopyman69]

Best episodes are when Darryl is on

[@btfdx]

Alot of alpha shared. Thanks Taiki and guest.

[@simonzzzz6189]

As a 2nd cycler, this was a good discussion

[@user-rw9wn5gb8p]

All people so different regarding crypto thanks for showing different sides. Maybe it would some tricky but is it possible to interview someone about finding fundamentals when buying crypto. Love to you ❤❤❤

[@jacksonian71]

The part about the mid-curve boomer coin really hit home. I’m much more skeptical this time around which could hold me back.

[@bremlquan]

"trying to predict when the dog was dying" lol

[@toofracing7104]

It is still true that: 1st cycle -- go ape shit and lose everything 2nd cycle -- super careful and sell too early 3rd cycle -- that's when you make it as a 2nd cycler, most will fail to capture value and end up coping and cynical when meme coins hit 100B market cap or something

[@JIKI2005]

The talk about the BTC ETFs being the one that lifts and crashes the market is the same thoughts I have.

[@Kid_Ikaris]

At the end Wangarian said don't do three things: 1) Get Rugged 2) Something with smart contracts? 3) Blow Up Using Leverage Can anyone explain to me what he meant with the second one?

[@thomaseatspomus]

Don’t get exploited by smart contracts

[@Kid_Ikaris]

@@thomaseatspomus So like when 10,000 USDC suddenly appears in your Metamask account, those kind of smart contracts?

[@coperfield9188]

Thanks papa

[@happycoloredmarblez]

Where can we find Messi’s socials/YT? Not seeing it in the description. Great interview.

[@giovannidettori8096]

imo the main use case of crypto is showcasing the power and beauty of blockchain technology. The future is tokenization

[@GutzyCall]

Thnx

[@tvid26]

I like what L says about not midcurving the meme super cycle “memecoins are the new altcoins, ordinals are the new nfts, and ai is the new metaverse

[@MegaLeeOD]

What the hell is BDC!? Just kiddin 😂 Great episode I hope you do more of these together

[@oyukiperez5845]

Exploring Xeventy's presale - the more I learn, the more I'm convinced this could be a game-changer in the crypto space.

[@colodezwells4026]

33:00 the true alpha

[@ykhov]

SuZhu was right all along. He was just two years early. We are in a super cycle.

[@happycoloredmarblez]

I would like to point out that even if retail doesn’t use ETH chain, buying new tokens on ETH chain gives you exposure to assets that LATER might be listed on a CEX, or even coinbase. So you’re still potentially frontrunning retail investors by using ETH chain.

[@NamasteDolphins]

Its normal to be much more conservative with more capital. In my opinion money will flow to btc and solana this cycle! If you want to be more degen you can trade it with 2x leverage. Thats the only two trades i am doing!

[@bungkus02]

remember fellas, this is the same guy that was trying to tell folks that $10M is not enough to retire & LUNA/UST was the future of finance

[@s_cuzz]

XD

[@DegenPhilly]

You just saying "supercycle is a top cycle" I think we have plenty to go but may be approach prebull top to the golden bull next

[@pistolpete8273]

literally collateralized my wif position on kamino yesterday lol

[@user-rw9wn5gb8p]

Lovely bro❤❤❤❤ tell us please about HFA Research premium pls

[@nopia9163]

Dream bigger my frens

[@taz_trader]

I think retail goes long AI even though like 90% is vapor. If you walked onto the street and asked a random what theyd put their stables into across DePIN, Layer1s, or AI for ex, theyll pick AI 90% of the time.

[@kunalduttabeet]

Eth going to 10k!!

[@diegogiacoppo7090]

A quote for the ages about first cyclers 😂 "Oh these guys are going to get fucked" but actually no... it is that naiveness and stupidity that allows them to 50x their net worth, as you cope on the sidelines with a measle 3x.

[@brandonbootesaz4444]

what does froth mean

[@deegestrider7781]

Most of my meme coins have been outperforming I caught a couple 10x this last week. Im bullish on Sei too. Ive got 2/3 of my crypto in meme =

[@kunalduttabeet]

Evax to avax?

[@kote42]

Not first .... only second

[@kralslosh]

Wangarian looking at the dogs blood tests is so funny , wtf

[@jdub1361]

come back to dfk! hunts are bad ass!

[@tonyspamoni5641]

yall really just glazed over the whole having kabosu's blood tested thing lol

[@xh3b4sd]

Here is how you make it through your second cycle: don't die.

[@T1M3ATK]

The largest black swain we have to worry about is that the ETF's gets recended.

[@enioaguirre404]

Blk swan otw, Satoshi is Saturn. Year of the dragon, year of the x

[@eraa1791]

taiki gib

[@gerv1180]

First

[@user-wx3wt5mu6y]

买sol 看500！

[@oyukiperez5845]

Fuk scalp trading and stuff, to much stress. My way to multiply money is to get into the project as early as you can, and ride the wave. Xeventy is your opprotunity to be early as a f...

[@radoslavtodorov6923]

"Retail" - you're "Retail" too

[@Aartik4]

25% of my portfolio is in my biggest conviction play already, $TAO.. but I guess I have to bet more lol

[@DanteAtropos]

Anyone else feel the Gordon Gecko 🦎 vibes? If anyone tells you Greed is Good it’s time to jump ship. Don’t ape 🦍 into memes because they pump stick to the tech that works. second cycle people who diamond handed good assets already have the edge don’t be dumb.

[@keyserxbt]

the boomers are smashing the buy button

[@fedes9626]

you can't buy any word this guys say anymore

[@wantstocomment7092]

Here's step 1 on how not to mid this cycle: ETH and ETHEREUM are two different things. One is a chain. The other, an asset. Study the difference. Bonus: Think what chains are CEX(s) promoting to retail.

[@khader88]

Mid curve take

[@wantstocomment7092]

@@khader88 bullish people not realizing they using ETH.

[@basedanon420]

CB is promoting base to retail

[@cryptobullish]

So many contradicting influencers lol. Some say bull cycle hasn’t even started, some say we’re halfway, some keep referencing past cycles while claiming this cycle is different, and now you guys say the top and end of cycle is within a couple weeks to months.

[@walan420]

so I should become a dumb degen again. Got it.

[@eraa1791]

NO AUDIO L

[@polish2x91]

Good lord.. .listening to two people who can't finish a sentence, let alone a thought, before moving onto the next thing is triggering my ADHD

[@DegenPhilly]

Stop saying supercycle

[@SomeOrdinaryGooner]

Supercycle

[@dixoncider6786]

Supercycle

[@jun]

Supercycle

[@MetalBum]

Bicycle

[@RAJohnson713]

Gigacycle

[@canbildik5155]

"Plenty of top signals, like in a span of one, two weeks people have run 5, 6 figure portfolios to 8 figure portfolios purely on memecoins, AND THATS PRETTY UNHEARD OF??????" WOW DUDE JUST WOW YOU DONT KNOW WHAT YOU'RE TALKING ABOUT. People made lifechanging money on memetokens in a span of weeks all throughout of 2023... also people made 8 figs all throughout the last bullrun not just at the end. You just don't know what you are talking about. Cuz its kinda obvious that you are not actually not an onchain degen. That's a prrrreeeetty unfortunate sentence right there. Taiki ban this dude from the channel how to underperform this cycle is literally listening to this dude. You just made me question my dym holding i was like "in it with taiki" lmao

[@basedanon420]

Dex tokens are going to get truly insane during the frothy part of this cycle these people have no idea lmao

[@zSnipebot]

How not to underperform: Don't buy Canto

[@DegenPhilly]

This guy says eth is cucked and then says he was long eth....why do you listen to these people?

[@mikescott3602]

Bro is mid curving eth---- wizard? nah, Just gotta admit when youre wrong