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Don't chase yields. You'll hear this reminder over and over. I think people will build a portfolio Volumes are high. Let's say They're making you know five or eight or let's just say ten grand a month or two grand a month or twenty grand a month whatever you're doing and then volume slows down a bit and You know they they're incomelessly drops by 25% not because they're bad pools or positions or assets It's just the volume. The market has kind of cooled off a little and They start getting this panic of like oh, I just want to get back to where I was and they start making some really interesting decisions from that place and Typically it doesn't work out the way we wanted to we'll chase the yield. We'll chase the yield We're like I'm back to you know 20 grand a month. We were just talking with a fast-track client. They're back to 20 grand a month Then I looked at the portfolio and I'm like but you're in kind of some like really Questionable things like why why are you in this all because you know the income dropped a bit and I just wanted to get it back up So this is just temporary and it's it's the start of an addiction It's the start of a really bad habit If we're tracking our yields every day and we're like oh I'm making 15 grand a month today And then yields you know volume slows down the next day. It's like oh, I'm doing 13 And next day is 12 and then you like oh my god. I'm doing something wrong. It's like I really just look at it once a week Yep, some weeks it's higher some weeks. It's lower doesn't really matter. I believe in the fundamentals of my assets there I like the pool. I'm in range. It's a great position. I've got cash flow coming in and I understand that the market will do what the market does Chasing yields never ends well. You might get lucky and that's even worse. That's even worse you chase the yields you know, you shouldn't but you do and It actually works out for you And you know you 2x some kind of crap coin and something else happens and you make like some awesome money and you're like, oh look it worked But at some point at some point it catches up to you I Speaking from experience. I got lucky a couple times I thought it was the crypto god and then I lost all my gains in a roll of a dice and I realized. Oh, I'm just immortal And I can't predict the crypto markets the way I thought I could and that's when I mean obviously yield farming wider ranges zooming out and just chilling Started to kind of be my mo. There's like, yeah, we're not doing that no more. It's not worth it. It's not worth the stress It's not worth the it's not worth the the uncertainty of it all and it's it's just it's gambling. It's an addiction It's a startup a really bad habit so With all due respect if this is for you stop chasing yield chill It's why typically entrepreneurs do so well in the DeFi kind of crypto space is because they they've had a little exposure to that Not all days and not weeks not all months not all seasons are the same. They're playing the long game and Typically that they just they have the nerves that have been you know through repetition instilled in them to be able to be a little More patient than maybe someone who's a little newer to this game. So if you're newer to this game Please please take this advice and if you're if you're seasoned investor if you're an entrepreneur entering this game like it's still you're still gonna be tempted to chase yield and this is just my quick reminder to don't chase yield and Play the long game zoom out walk away from the computer when you know you're kind of starting to Itch and click things that you shouldn't be clicking and doing things. You know you just walk away. It's okay Your stuff's gonna be a portfolio is gonna be there tomorrow crypto and DeFi is gonna be there tomorrow chill really Hope that helps if you think this audio experience could help someone you know Maybe this is an episode that they really really need to listen to Share it with them if you're in the uig jumping You can always share your thoughts if something ever lands in these episodes to jump in the community and be like Hey, I heard this I needed to hear it or I want to talk about it or I have a question about it Jump in take the instructors. Take me. Let's jam on it and with asset. We'll see you inside [BLANK_AUDIO]
