The $1M Crypto Lesson
How I Got Liquidated on Nexo for $1M, The Ethereum Fundamental Value Model, Invest in the Coinstack Alpha Fund, The Engineered Flash Crash, Weekly Crypto Calls, What NOT to Invest In
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I lost $1M in a Nexo liquidation this week. I was at what I thought was a “safe” 40% loan-to-value ratio on May 11 but the temporary market crash last week caused Nexo to liquidate me. I am grateful for the lesson. Below is the post-mortem, my lessons learned, and my new game plan as we enter the 2nd half of the 2021 Bull Cycle.
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