Why I’m Short $1M of ETH.

Description

In this video I offer an alternate viewpoint: What if the magical Q4 pump we were promised doesn't happen? Though I believe BTC can decouple from the 4 year cycle, there are too many holders of alts expecting a magical parabolic pump based on nothing but hopium. I present my bear case for ETH and altcoins, and I have expressed this view by shorting $1M of ETH as well as a basket of what I consider to be vaporware altcoins. Join the Humble Farmer Army: https://whop.com/humble-farmer-army Free Newsletter: https://hfaresearch.substack.com/ New Channel: https://www.youtube.com/@FarmerTaiki Taiki's Twitter: https://twitter.com/TaikiMaeda2 HFA Research Twitter: https://twitter.com/HFAresearch PODCASTS: Crypto Market Wizards: https://www.youtube.com/playlist?list=PL6bwqqJO_txgGQySGK5-HSuTPp0LjeGqA Steady Lads: https://www.youtube.com/@0xSteadyLads Timestamps: 0:00 Shorting $1M of ETH 0:29 Alts, ETH, and the 4 Year Cycle 2:42 Why This is Bad for Ethereum 6:33 Trickle Down Dumpanomics 9:04 Why I'm Short $1M of ETH 14:16 Portfolio Construction & Psychology 20:57 Risks to Markets 24:00 Don't Get too Greedy MY VALUES: QUALITY OVER QUANTITY A lot of content creators are incentivized to pump out content for ad revenue. Taiki has never run YouTube ads on his channel because he believes in creating quality content, not monetizing your eyeballs via ads. On top of not running any YouTube ads, Taiki has never participated in a paid promotion, a channel sponsorship, or even a CEX ref-link. PREMIUM RESEARCH HFAResearch offers a Premium subscription. This is not meant to be a "copy trading" service or a “pump and dump” signal group. Taiki publishes two premium videos and an AMA livestream every week. Think of Taiki as your personal research analyst that keeps you on top of the markets so you can focus on what you do best. You also gain access to a private discord with the largest premium DeFi community. There, Taiki also gives frequent updates as well as real-time analysis on current events in crypto.