# From Bear to Bull : How a reversal trend changes your portfolio strategy - David Princay

- Channel: [ETH Warsaw](https://streameth.org/eth-warsaw)
- Date: 2025-10-07
- Duration: 16:29
- Watch: https://streameth.org/watch/yt-_I0pHvnCD_Q
- YouTube: https://www.youtube.com/watch?v=_I0pHvnCD_Q

## Description

TBC


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## Transcript

um it's okay like it's going to be quite a chill uh presentation I'm not here to give you the basic of blockchain I think you all know that uh eth eth conference are always been uh quite good my subject was to prepare you for the new bull or be Market that we're going to leave so right now we are on pre post beer uh eth went to a very low 2,300 BTC ramp up to 55k every body is complaining about the bull market uh one it's going to be without slide it's okay uh one of the first things that I wanted to tell you guys is that normally and people forget that at each cycle is that bull market doesn't begin after the alving bull market begin after the US election and that's always been the Cycle Theory so September if you want a bad news September has always been a bad month before the bull market so [ __ ] it's going to be we can expect BTC to go maybe around 52k yeah I'm sorry but uh but uh but it's okay it's okay why because it's also when you have those kind of cleaning uh as I call you see what are the resilient project and you have like the bad project that are a bit eliminated or out of resource so again uh crypto has always been about resilience here we are on a fear and grid adex that is I think minus 25 meaning that people are people feel dead is it a good moment to buy I would say that yes but not all and actually you know if we had it's okay like we can well if you want uh and if you guys want to uh want to buy crypto I would say that right now your crypto portfolio should be around 80% on crypto 20% on stable coin why because you never know there's always a good opportunity to buy I think we're all at 955 right now so it means that uh we can be as good as we want actually yeah that's okay I'm going slide over yeah just not my screen it's the Natalia screen by the way a slideshow please thank you guys [Music] uho and I don't see any on the screen now that's that's the beauty of it so um one thing that I wanted to remind you is uh the the the the the the Trap of the market so basically uh before bull market everyone is looking at small market cap project big Tech capacity that's always the true fundamental that people are going to sell but it won't be enough it's always a a system of community matters uh the size of your community the dynamism of community project are going to be the key uh it's not a fair World some projects such as Pepe have succeed without any fundamental last cycle you all know about Shibu what was the technical promise nothing uh but also you still believe yeah no but you know what at at at first and that was interesting about Shiba but also Tron as well is that you can be wrong at the beginning but if you have $1 billion you can be right after so so that's always so that's always a point which is don't believe too much on your conviction if you're here to uh invest into project you have to have a mentality of Trader which is that you don't have feeling for project don't fall in love don't hate them as well and that's one of the of the most element the second element uh that I really wanted to to tell you about the next bu Market that always happened is that narrative good until a certain moment meaning that a good narrative is a narrative that you anticipated a narrative that is present on the market such as for example without uh without telling uh without pointing finger but for example if you're still on Solan coin guys I mean go to the casino it's better uh it would be at least you're going to have a cocktail when you invest and you can do twox on one shot uh but for example those narrative they're out on the of the forest since like months people are already used to uh you cannot be right into a narrative that is already present so get out of the existing narrative anticipate the next narrative and once this narrative is published get the [ __ ] out it's very important because what is good you know what and what a lot of people speak about the community is when they enter inside a project they if you listen to all the Twitter space everybody enter at the right moment nobody tell you when they exit and that's for one reason it's because one exiting at the top is always a big problem because you are the exit liquidity of of many people and the second one is that actually no one exit at the right moment because uh once we go to the top uh we have a strong belief we want to we we get very greedy uh one example that I wanted to to tell you is that in June it was mid June I was telling to all my marketing team that we needed to educate people to take profit BTC was at 68k and I've done a survey on LinkedIn and Twitter which was like do you take profit 95% of the user say no and they were common that were like yeah we stay let's go for 2x Etc odler mentality is cool but when you go to alltime High guys don't be stupid take 20% of your profit it's okay no no one is going to take you bad no one is going to be bad and I I say it I know that all of you guys have some history on the crypto I know that I learned nothing for everyone but I also know that you didn't take profit you took how much voila no but if you took $10 it's cool but it's symbolic VOA and and you know you need to uh have a portfolio management meaning that in Period of hesitation you need to be at 50 50 50 stable coin 50 uh crypto not at 8020 8020 is when the market is really low and when the market is really high you need to be at 80 stable coin 20 crypto that's the biggest problem even for me that's the biggest problem is that we we tend to go in very fast and to stay in very long so if you want to make maximize your profit actually don't look for the next coin but get out of the of your coin at the right moment because uh leing two cycle I gain a lot of money I lost a lot of money as well it's cool I I I lost a rich life but it's cool I have another one so so it's like it's like gaming Theory uh very very uh simply uh one indicator that I use and it's super dumb it's the fear and grid index when it's 20 normally it's a buy seriously like and you're going to see that basically when it's below 20 no one buy no one we're all afraid because we have a wallet that is already uh solow that we like and uh and actually below 20 it's a buy uh above 75 it's a sell it's not old and uh at 50 it's it's a old and if you just look at the fear and grid index actually you're going to be better than most of the trader yet no one does it why I don't know um the second one is from the past cycle if you want to create a portfolio now and I think it's a good moment because the market is quite low you need to analyze the resilient project the project that on the last cycle lived an increase uh example link Link Link always leave a good increase I'm going to get a lot of enomia when I'm going to say avax but uh actually avax got a good increase as well all is it and and I'm going to normally people are going to throw me Tomatoes when I'm going to say that cardo is going well sometimes during a bull market why because of the community not because of the fundamental of cardano but it's always interesting to understand which project are going to be zombie and which projects still have some Trends still have some Community still are going to stick to their to their to their cycle so don't go in I would say that during those kind of investment don't go too much to the new project but go to the project that already prove you during the previous cycle that they had some traction during the bull market it's thank you because sometimes I think I say some bad stuff but actually fundamentally there is also a cycle of growth um basically during bull market it's always like this BTC goes up take 82 to 85% of dominance altcoin goes down when BTC goes up no one understand because the liquidity goes to one side then when BTC goes quite up is the top five that goes up uh last time it was a ethereum uh BNB uh but after the and after the layer the the the other layer so such as but it was the season of avax Tron Etc and then it's the alcaline season meaning that if your portfolio right now is holding on on Al coin you're going to be very surprised at the beginning right now most of your portfolio should be on the fundamental which are BTC and eth and then you go to altcoin once you have a confirmation of BTC and eth on you have sufficient liquidity and sufficient dominance so it looks very basic what I say but trust me knowing the user and knowing the community most of the people are running with the car with the wrong setup so that's why I repeat very very fundamental message um I think we were pretty late and it's far and for the sake of everyone I'm going to realign for everyone to be quite on time so it was a very nice 10-minute chat if you have some question don't hesitate that's it yeah uh thank you thank you so much and I think uh it just reestablished everything that I already believed in with my heart but following the thing that you said about Trends and waves in crypto what's the next Trend you think but everyone is always uh thinking about this so I think AI is not going to be I cannot tell you what what is going be the next Trend I can't tell you what is not going to be the next Trend what do you think about web 3 gaming then and AI there's always a season of gaming and you're right there's always a season of gaming and if you look at the gaming season then you have to look at which protocol are well implemented in Southeast Asia why because basically you know uh if we analyze the success of um last time AI infinity sun block Etc where does it come from it come from VI Vietnam Thailand Philippine where basically uh people get incentivized to play game maybe $100 $200 $100 $200 in Southeast Asia it's a salary and that's where they get a big big big community so what are the project right now that get big big Community right now in very small country uh ton project actually all T tap Swap and game Etc get a lot of pakistanis a uh people like this that have a low index in term of of internal internal production but yet you know the the reward is so sufficient that it justify to have like 2 million user inside their protocol is it going to work I don't know but if you see Western investing into those project with a solid base of community you're a bit soon but uh go in go out very fast so web tree gaming is going to come back because gaming is always going to come back sport is going to come back as well AI I don't think so I mean uh look at most I'm sorry I'm going to say something that is very bad but look at most AI project on blockchain look at most AI project uh basically you have chat GPT llm language and then for for me nothing exist and nothing should exist actually real world asset no that's okay set uh I don't think so they're very reg that's going to be very regulated environment most of the token project are not going to be able to survive to this and what I see from Mika and also from the the from the regulation stage that we're going to see you're going to have in the next cycle it was our turn on regulation this cycle and I can tell you I regulated France Italy Spain for for binance and I'm preparing all the platform for MAA it's a it's a big job but it's going to go to defy on the next cycle so except there's one thing about regulation you need to take regulation at something you never saw which is uh aircraft industry uh on aircraft industry uh the the field has been regulated in 1963 if I remember correctly because of an accident in Las Vegas where two plane crash themselves to each other and then we created a regulation to create some rule to prevent the same accident to happen meaning that basically regulation is is not here to create a fair market regulation is here to prevent accidents that are commonly practiced and when regulation come 60% of the field disappear because it's not able to catch up if you post some Rule and all the actor are able to follow normally regulation fail regulation impose high standard for most of the actor to not be able to pass that's very important to understand so when regulation is going to e defy you're going to have a concentration on the projects that are the most solid same as when it's going to eat when it's eating a centralized exchange and the next step of Regulation is going to be defi meaning that once MAA is going to be done Ma 2 is going to be about def environment so once it hits the ground get the [ __ ] out of the weakest project that's really really my uh my advice on it that nobody sees thank you guys well that's it for me do you have other question uh happy to respond we have maybe questions I love some of the Bold statements as well you know always opened up to a little bit of a heated debate so if you want to grab them outside but we have maybe time for one more question guys so anybody want to ask a final question there's no one from the pr of B so we're good yeah yeah all right last round last round of applause for David there guys let's go you guys thank you guys