Quant Trader Says The Crypto Bull Market Just Started - Scott Phillips - #54

Quantitative Trader Scott Phillips explains why Aug. 19 is almost certainly the first day of the next bull market for crypto.In this episode, Scott breaks down the mechanical difference in the crypto markets' most recent move & explains how this market-wide upswing is a reliable signal for continued outperformanceScott also explains why Bitcoin's (BTC) most recent move is almost certainly the beginning of the bull market, how to trade effectively in 'the trenches' and the systemic differences between shitcoining and quant analysis, how you can maintain a constant Sharpe 2.5+ system in crypto even when the edge is well-known, simple heuristics for identifying outlier (good) teams in crypto and betting heavily on them, how to build a list of predictably terrible projects and short them in perpetuity, a brief history of financial derivatives and some fundamentals to go with them, the curse of coming into a large sum of unearned capital you are ill-equipped to manage and why Ethereum (ETH) remains the most cursed major asset in crypto Timestamps:0:00 Obligatory BJJ intro4:30 Trump, Hype & constructive PA7:30 Mapping sentiment on tops and bottoms 9:00 Persistent edges in crypto11:20 Farming copytraders13:10 Trenching vs trading15:00 The danger of unearned gains 17:00 August 20: the first day of the bull market21:00 Shorting dogshit: indicators for bad projects27:30 Crypto vs equities: finding edge on predictors33:10 The 2 types of edge in crypto36:00 Why known edge persists44:00 The unfortunate “crypto” risk premia48:00 Cursed Ethereum performance51:30 Teams that look like hyperliquid55:00 Why hyperliquid57:45 Binance1:00:00 Perp dex euthanasia rollercoaster1:03:00 Small traders should trench on Robinhood1:05:19 Check out Hypertrend