31 Comments

Best investment was Dopex Public Sale. Worst investment was Chainlink, down bad in ETH terms. Most valuable lesson learned was that even if it is fundamentally a great product, if the tokenomics are shit you're probably going to lose money.

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Best trade was spell-- 13x

Worst was missing out on cvx when it was cheap. Sad!

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Best: Bought ETH when it dipped to $2k

Worst: YFI, although tokenomics reboot is in progress. I'm still HODLing

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I am starting to become absurdly bullish on DPX, the potential upside is retarded, and there are only 500k tokens. Is this just me or is anyone else in the same boat? Have a small bag looking at more

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I copy traded Tetra in July: OHM, SPELL, CVX/CRV.

Missed the boat on: DPX, Redacted

Lost on: GRT, CRA

Even: Link

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Best investment was SPELL @ $0.00666 (simulation confirmed).

Worst investment was Chainlink followed by Unit Protocol (DUCK).

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Ohm is current pain point though as far as I can tell the fundamentals remain strong. Im planning on moving off eth and putting my gohm into an avax pool on trader joes. Switching out of link to ohm still has a positive ROI how ever my last and largest tranche of ohm I bought at 915~ has me at or close to break even on ohm even. I feel pretty safe calling a floor on ohm of 300-325. i expect price action to be significant and positive as the OIP-18 rate reduction occurs concurrent with all the other project ohm has going on to generate cross chain demand for ohm.

Other than that i am very happy with my REN, CRV, GRT, JOE/xJOE positions. I plan to rebuild my Link position through DCA as well as i do expect it to go parabolic at some point.

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Best: Buying MATIC a few weeks before the May dump

Worst: Buying ice at the top. Ignored OHM, SPELL and MAGIC calls from some Jungle people. Not aping into [redacted] (will not be making the mistake of synthetically fading Tetranode). A few others non-defi related.

My major mistakes were mistakes of not-aping

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did well with OHM, CVX, MATIC, AMP.

hovering around flat to slightly down on LINK

AAVE, ALCX both way down.

overall up and was able to collect some rewards on top of this so a solid year.

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Ya'll didn't sell your sushi did you? NGMI

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OHM potential upside was much bigger than 3x because of high APR.

I bought OHM in July, sold back principal after 2.5x and still did ~6x from there.

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Best was DPX & rDPX around 25usd. Sold at 100-110, about 6 digits. Rebought everything in the recent dip:)

Worst was buying Chainlink & Aave at the beginning of may.

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1. Best DeFi investment for 2021: Convex (faded it when BTB first posted. It resurfaced in the wild and I jumped in for a 4x unrealized. Not selling until all the daos stop announcing their market buys)

2. Worst DeFi investment for 2021: Duck (Fvck Duck's devs - arrogant pricks.)

3. Any lessons you’d like to share: Narratives and coverage by influencers is so damn important in the space. Not many understood the Convex / Curve flywheel early on. Once Dune Analytics dashboards / CT started talking about Convex, it really went on a run.

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Best : REN, I doubled my position and sold half. Thanks !

Worst : RBC (Rubic), no comment. I bought this shitcoin after lurking on shady forums and hopefully it recovers in 2022.

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What do you mean when you say "max pain scenario"? How do you define max pain across different projects?

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cvx and sol

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