@igarlic

This is a story about Cong, the "DeFi Degen," and Wang, the "DCA Man." In 2021, DeFi (Decentralized Finance) exploded. Cong was a "DeFi Degen." He was addicted to complex "lego" strategies: stake $ETH$ on Platform A to borrow stablecoins, deposit them on Platform B, then stake those LP tokens on Platform C... He spent all day calculating his 500% APY, mocking those who "just HODL." Wang was the "DCA Man." (DCA = Dollar Cost Averaging) He didn't understand any of those complex protocols. He did only one thing: every payday, he bought $50 of $ETH$ and moved it to his cold wallet. He never touched it. The bear market arrived. The market crashed. Cong's complex "lego" strategy was liquidated in a cascade failure because one position wasn't managed in time. His assets went to near zero. His high-APY "farm tokens" also crashed 99.9%. Wang's $ETH$ was also down 80%. But he wasn't worried. He had no leverage, no liquidation risk. He even continued his weekly DCA plan. The new cycle began. The value of the $ETH$ in Wang's cold wallet grew to an astonishing amount. Cong is still researching the next "high-yield farm," just hoping to "make his money back." The lesson: In crypto, complexity is the enemy of execution. We are not looking for short-term, "high-difficulty perfection." We are looking for long-term, "high-probability correctness." The simplest strategies (like DCA into $BTC$/$ETH$) are often the hardest to stick with, but the most effective. #Crypto #DeFi #HODL #DCA

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