E56: Arthur Cheong: "My Strategy to 100x your crypto portfolio"

Arthur Cheong is the Founder & CEO of DeFiance Capital. He is one of the biggest legends in crypto and his story is pretty extraordinary: he went in less than 3 years from a humble Malaysian dude to more than 100x’ing his mid-5 figure portfolio. In June 2022, the worst happened when Defiance Capital's assets got trapped into the cascade of liquidations due to the 2022 crypto lending blow up. Arthur's story is a truly fascinating entrepreneurship story "on steroids" full of crazy highs and lows. He is now back with his new fund, ready for one of the biggest comebacks of our industry. Key topics: - Achieving 100X Returns in Crypto Investment - Trust Issues and Startup Failures - Role of Ego in Success and Failure - Do not trust the "authority"! - Why Crypto is the biggest wealth-building opportunity ever - Resilience masterclass - Buying a Lambo and much more! ------------ Sponsors: -♾ Coinsilium provides vital funding and expert advice to Web3 and AI-powered early-stage technology companies. https://www.coinsilium.com -👾 Byzant is a Web3 social network ecosystem for creatives. Get ready to create, connect and collaborate using Byzant's suite of user-friendly tools and decentralized applications. https://www.byzant.xyz/ -🤖 SwissBorg is Europe’s top trusted crypto app offering user-centric investment platforms and DeFi asset management with reliability and innovation. 💰 Earn up to €100 by Registering to Swissborg via the following link: https://join.swissborg.com/r/kevinH6E7 ------------ Follow Arthur: https://twitter.com/Arthur_0x https://twitter.com/DeFianceCapital Follow When Shift Happens: Website: https://www.when-shift-happens.co/ Instagram: https://www.instagram.com/kevinffollonier/ Tiktok: https://www.tiktok.com/@kevinfollonier Linkedin: https://www.linkedin.com/in/kevinfollonier/ Twitter (X): https://twitter.com/yieldlabs ------------ Chapters: 0:00 Introduction to Arthur Cheong 01:34 Arthur's Entry into Crypto 10:30 Background and Early Life 12:43 Early Career and Investments 20:32 Family's Financial Influence 26:13 Shift to Crypto Investing 29:20 Crypto's Future Potential 50:57 Entering the Crypto Sphere 51:30 Committing Full-Time to Crypto 55:47 Starting a Crypto Startup 01:01:05 100x’ing your portfolio 01:04:09 Crypto's Impact on Finance 01:05:18 Bullish On Gaming 01:16:44 Dealing with Market Downturns 01:19:35 Trust and Risk in Crypto 01:22:10 Learning from Financial Losses 01:39:40 Perils of Blindly Following Influencers 01:40:05 False Success Stories' Impact 01:41:20 Reality of Crypto Success 01:46:43 Cynical Optimism in Business 01:52:48 The VC FOMO 02:02:25 Resilience in Business 02:18:00 Trust and Betrayal in Business 02:21:38 Learning from Mistakes