Making $10M in DeFi w/ 0xLaw

Description

Today I'm joined by Law to discuss his journey starting from $5k in crypto during the 2022 crypto bear market. He ran up his bankroll doing RFV (risk free value) trades, buying tokens at a discount to the treasury and taking an activist approach to redeem it for profit. Despite his success, Law claims that he rarely takes month-over-month drawdowns and argues why his approach is superior to those who gamble on perps/memecoins. Law provides an interesting take on how there are many ways to profit in crypto, and what it takes to find edge in crypto. Guest's Twitter: https://x.com/0xlawlol Law's Journey: https://x.com/0xlawlol/status/1852023510517899379 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 How Law Got Started In Crypto 4:50 $300k to $2M on $AERO 10:33 Other Onchain Plays 15:26 Airdrop Farming Plays 19:49 Dropping Out Of School 24:29 Do you Have To Take On Risk To Make Money? 27:18 Advice to Younger Self 29:00 Law's Research Process 31:58 Other Big Wins 32:59 Whitehat Hacks 36:38 Assessing Risk in DeFi 39:52 How Law Approaches Crypto 44:16 Farmers Make Markets Efficient 45:53 Don't Gamble & Other Rules 47:39 RFV trades on DATs 50:05 How Law Views Markets and Cycles 54:15 Advice On Making It 58:05 Polymarket Trades & Airdrop Farming 1:03:11 Wrap Up 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 DEX/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.