Mastering the Psychology of Crypto Cycles | David Kalk & Jeff Park

Empire

In this episode, David Kalk of Reflexive Capital and Jeff Park of Bitwise explore the critical role of psychology in crypto trading. They argue that mastering one's emotions and biases is the key to outperforming in the highly volatile and reflexive crypto markets. They unpack the limitations of traditional venture approaches, the potential for liquid strategies, and why psychological resilience may be the most valuable edge in today's crypto landscape. They share their perspectives on managing trading psychology, adapting to market regimes, and the future of institutional crypto investing.

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Timestamps:

(00:00) Introduction

(02:58) David & Jeff Intros

(06:03) Crypto's Liquid Inefficient Market

(25:07) LP Priorities

(29:24) Liquid vs Private Markets

(31:57) Value of Psychological Edge

(44:29) Stellar Ad

(45:17) Invisible North Ad

(46:12) Avalanche Ad

(47:09) Harpie Ad

(48:01) Navigating Market Environment

(01:03:37) Managing Emotions in Markets

(01:12:29) Is Crypto Worth it?

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.