This looks like the usual crypto-FUD article, but the video is quite sensible.
‘Wolf of Wall Street’ J. Belfort warns investors not to touch crypto ‘with a 10-foot pole’
JB says many of the things I've been saying recently. Selling at the bottom is typical naive behaviour unless you see very good reasons that the asset is going to go even lower. So, just go through every crypto asset you own, look back to see why you bought it in the first place (you did keep a journal, right!?) and take a view at what it is going to do going forward.
And write it all out so you stop worrying about it every day!
This is not just for trading or investing, is just a life hack - write it all down and the brain will process it as an external input.
One thing JB does not mention is to not just analyse the coins you hold, but also in which instruments do you hold them.
We all know the crypto mantra,"not your keys, not your coins." So that is the first level of analysis; how many of your coins are in your own private wallets?
Secondly, if your coins are within some third party structure, what exposure does that give to you? We've seen what can happen to coins on some exchanges! But also, a lot of capital has been leaving so-called Defi protocols, and especially swap pools. If your coins are supplying liquidity, especially in a standard binary swap constant-product uniswap-like pools, then you may feel smug about generating a yield, but you are also liable to fluctuations in two coins, not just the one you may be interested in. And the really crap part of these pools is that if either token should tank, then the value of the LP token tanks and your money evaporates. So, don't ignore the risks associated with any coin pairings.
Something people forget a lot because of nice profits , but it recked many of them