E69: Tangent Co-Founder: How I Made My First $1M in Crypto
Darryl Wang is the co-founder at Tangent, a collective of experienced operators and founders behind some of the largest projects and protocols in Web 3. He is also one of the most brilliant crypto traders in Asia-Pacific. In this conversation, we dive into: - What does a Bitcoin ETF mean for the Crypto Industry? - The Future of Crypto Currency - Reasons for Owning Bitcoin / Cryptocurrency - Potential Risks of Web3 and the Centralization of Crypto - How to Master this Crypto Cycle - Memecoins - Alpha: Pudgy Penguins, Ronin Network and Prime - Advice to Crypto Newcomers - How to Mitigate Losses to be a profitable crypto investor and trader And more! --------------------------------------------------------------- SPONSORS: 🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation. ♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com ♾️ Astar Network is a Web3 hub for innovation, offering tools and a blockchain platform for decentralized apps and smart contracts. It invites users to innovate and connect in a community-driven ecosystem, transforming ideas into reality with its robust infrastructure. https://astar.network/ 🔘 Mantle Network enhances dApp development with Ethereum's security, low fees, and quick transactions through innovative layer-2 technology. Users can stake ETH for mETH, contributing to a transparent, community-driven ecosystem governed by $MNT token holders, fostering innovation and collaboration. https://www.mantle.xyz/rewards-station --------------------------------------------------------------- Connect with Darryl 👇 LinkedIn: https://www.linkedin.com/in/darryl-wang-096326104/?originalSubdomain=sg Twitter: https://twitter.com/0xWangarian Instagram: https://www.instagram.com/wangarian_brewmaster/ Twitter: https://twitter.com/tangent_xyz Website: https://www.tangent.ventures/ Contents of the Video 0:00 Who is Darryl Wang? 1:34 Mantle Partnership 3:42 Exploring Moral Integrity in Crypto Communities 6:31 FOMO and Greed within Crypto Communities 9:21 What’s your Moral Code? 11:41 Meet Darryl Wang: Co-Founder of Tangent 12:07 Getting into and Transitioning into Crypto 16:11 Getting Hired by DeFiance 18:21 Life Lessons Learned from DeFiance 18:51 Making First Million from Crypto 21:00 Managing Risk in Liquid Trading 22:44 Balancing Conviction with Investments 25:46 Investment Strategies and Risk Management 28:44 Solana: Missing Opportunity and Bouncing Back 35:06 Knowing When to Double Down 41:47 Astar Network Partnership 42:37 Crypto Genius’s Take on Meme Coins 47:45 Crypto Founders and their Skill Sets 49:31 Fundamentals in Crypto in Meme Coins 53:35 Investing in Crypto as a ‘Normal Person’ 54:51 Michael Saylor and Bitcoin Cycles 55:28 Decision-Making in Crypto as a ‘Normal Person’ 58:13 Protecting Yourself in Market Cycles 1:00:06 Darryl Wang: Meme Coin Trading 1:04:22 How to Know When to Stop? 1:07:51 Bitcoin Halving and its Cycle Position 1:11:16 Factors that Affect Crypto Cycles (Bitcoin) 1:12:26 Investing Through Market Cycles 1:14:30 Reading Market Cycles and Their Patterns 1:17:22 When to Invest in Market Cycles to Mitigate Losses 1:18:45 How to Stay Disciplined while Investing? 1:19:54 Impact of ETFs on Crypto Market Cycles 1:22:25 Leveraging Friendships for Smarter Investing 1:25:21 Repeating Financial Crises in Crypto 1:27:39 Predicting the Next Blow-Up in Crypto 1:29:05 Lost Bitcoin Story 1:30:32 What is Tangent? And Why did it Start? 1:32:48 Managing your First Crypto Cycles as a Beginner 1:34:09 How to Bring Value to Crypto Teams 1:36:56 Darryl Wang on Pudgy Penguin 1:38:21 The Potential of Pudgy Penguin 1:41:53 Darryl Wang on Ronin 1:45:14 Darryl Wang on Prime 1:47:26 Investing in Ceilingless Narratives 1:49:35 Advice to Crypto Newcomers 1:51:40 Prediction for the Future of Crypto