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Ansem 🧸💸·2025-10-13 01:36

Market Analysis & Risk Management - Crypto market experienced a significant loss, with a 40%+ value decrease in a single week during May 2021 [4] - The industry highlights the importance of managing emotional margin alongside financial margin, especially under sleep deprivation [8] - The industry emphasizes that pain combined with reflection leads to progress, particularly in volatile markets [11] Investment Strategies & Lessons Learned - The industry learned that leverage is not necessary for discretionary directional strategies in high volatility asset classes like crypto [6] - The industry recognizes the importance of building anti-fragile processes as an investor and manager, especially after experiencing significant losses [10] - The industry values dissent-driven culture within investment companies, allowing opinions to be evaluated by merit [9][10] Industry Improvement & Future Outlook - The industry should view liquidation events as opportunities to improve processes for investors and the industry as a whole [13] - The industry needs to have conversations on how exchanges should manage liquidation mechanisms and how oracle design in DeFi should be evaluated [13]