Crypto Narrative Drivers for 2022 with Scott Melker

My guest today is my friend, Scott Melker, the Wolf of All Streets. Scott is a trader, investor, and the host of the popular “The Wolf of All Streets Podcast,” the author of “The Wolf Den” Newsletter, and prolific writer and thought leader in the crypto space. He has been featured on Fox Business, in the New York Times, Forbes, Businessweek, The Wall St. Journal, Coindesk, CoinTelegraph, CNN, and much more. Prior to jumping down the Crypto rabbit hole, Scott Melker, also known as The Melker Project, had a 20-year music career and was a world-renowned producer and DJ. He has played alongside legends from nearly every musical genre, including Enrique Iglesias, Future, Snoop Dogg, Wiz Khalifa, Crosby Stills & Nash, Neyo, Sheryl Crow, T.I., Jason Derulo, Public Enemy, Kanye West, DJ AM, Justin Timberlake, Rihanna, Steve Aoki, A-Trak, Lupe Fiasco, Prince Royce, J Balvin, Joey Montana and more. In our conversation we discuss the larger market conditions, the future of NFTs, growing an audience, and best practices for aspiring crypto traders and investors. We begin our conversation by discussing the broader market conditions. We discuss Bitcoin’s current bearish divergence and the impact the Fed’s tightening policies may have on the crypto markets. Scott did an excellent job at giving context of the current volatile conditions by asking the listeners to zoom out and understand we are still very early in the adoption curve of digital assets. One of the more important conversation topics was how for the first time crypto is considered by the broader investment community as an established asset class and how that changes the market dynamics for long term investors. Our conversation naturally transitions to advice on how to navigate the volatile market conditions, Scott shares a ton of actionable advice on how to tackle the volatility and why this could be a generational buying opportunity. Our next conversation topic centered around NFTs. Scott’s unique experience has given him clear insights on the future applications of NFTs and the impact on creators. Scott emphasizes the need for creators to accrue 1,000 true fans to develop a loyal fan base and how NFTs give creators more ways to accrue those 1,000 true fans. The last portion of our discussion centered around how the digital asset space is evolving and what sectors we believe will be narrative drivers throughout 2022. Scott explains why he believes rollups and layer-2s will dominate the narrative. We also discuss why Bitcoin dominance may continue to decline as the digital asset space continues to mature. This conversation is full of alpha and actionable advice. Please enjoy my conversation with my friend, Scott Melker.--ParaSwap:If you want to make a swap at the best price across the DeFi market, check out https://untoldstories.link/paraswap. ParaSwap’s state-of-the-art algorithm beats the market price across all major DEXs and brings you the most optimized swaps with the best prices, and lowest slippage.--This podcast is powered by Blockworks. For exclusive content and events that provide insights into the crypto and blockchain space, visit them at https://blockworks.co Thank you for listening to The Charlie Shrem Show. For more free content and access to over 400 episodes, visit www.CharlieShrem.com. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.