In this week’s podcast episode, we speak with long-time crypto investor Qiao Wang. Wang is a partner at the DeFi Alliance and former head of product at Messari. Unlike many Bitcoiners who get into crypto because of their ideological views, or Ethereans attracted by the possibility of building decentralized apps, Wang had been a quant trader for 10 years when he first learned about Bitcoin, and it was the asset’s volatility and potential upside what drew him in. Years later, he’s still actively trading.
We talk about his portfolio and which coins look the most promising. He looks at all sorts of metrics to come to his trading conclusions. In the end though, he says, the market is purely driven by memes and Twitter influencers. About the current bull market, Wang says he’s 90% confident prices will go a lot higher. And while he doesn’t like to give price estimates, he still told me what he thinks the top for BTC and ETH will be for this cycle.