I vividly remember the day I read Yearn’s whitepaper. I couldn’t sleep the following night. FOMO was tearing me apart. YFI was at $10,000, and DeFi summer was just starting.


I woke up to see YFI go to $15,000. Then to $20,000. Then $40,000. I could have bought it. I knew it was good. But I didn’t. That wasn’t necessarily a bad thing, though.

The chart shows that if I had stayed bullish on YFI on a multi-month timeframe, I would have round-tripped most of my gains. I might have chickened out because of that, and exited before the token ever went to conquer $80,000.

It’s another reminder for all of us (myself included) that it’s important to understand your emotional profile. 

If you know you can’t stomach volatility, DCA is a good approach for long-term holdings. Otherwise, if you can sustain being underwater for weeks on end, maybe buying what you like in a lump sum just at the beginning of what seems to be a mid-to-long-term pump is what you need.

I hope the above will help you to make the right decision and not fumble the bag before the bull kicks in full force, which might happen after a few volatility-packed months.

SIMETRI Portfolio – Overview

Disclosure: The author of this newsletter holds ETH. Crypto Briefing and members of the research team hold some of the Pick of the Month coins mentioned in the table above. Read our trading policy to see how SIMETRI protects its members against insider trading.