DADS DeFi Space ·

I don’t usually do this, but today felt like the right moment for a walk and a talk.

I’d just spent an hour outside with the kids. We live somewhere that’s normally warm, so weather like this doesn’t happen often. Everything felt muted. Still. Almost uncomfortably quiet.

And in a strange way, it mirrored the market.

On Bear Markets (and Why People Resist the Word)

If you’ve been following this space for a while, you know my view:

I believe we’re in a bear market.

That doesn’t mean Bitcoin can’t rally.It doesn’t mean we won’t see violent upside moves.It doesn’t even mean BTC can’t revisit big, headline-grabbing levels again.

What it does mean is that the environment has shifted.

Liquidity is thinner.Narratives expire faster.Mistakes are exposed quickly and punished harder.

And the people doing the most important work right now aren’t the loudest ones.

They’re the ones:

• learning when it’s boring

• building without an audience

• creating when incentives are low

• forming communities before they’re “worth it”

Later on, when conditions improve, those same people will hear:“You were just lucky.”

What won’t be visible are the years of trial, error, study, and recalibration that happened in silence.

What DADS DeFi Space Is (and What It Isn’t)

If you’re new here, a quick reset:

DADS DeFi Space is not:

• a signal service

• a promise of returns

• a place for shortcuts

And it’s definitely not financial advice.

It is a public journal.

A dad documenting real decisions in crypto, DeFi, and Web3 — including uncertainty, drawdowns, adjustments, and patience.

If you’re here to learn how systems work, define risk, and think beyond short-term predictions, you’re in the right place.

Why Creating Matters More Than Trading Right Now

One belief I’m becoming more confident in:

AI will be embedded into almost every part of daily life.

Alongside that shift, on-chain identity, community, and creation are going to matter more than most people expect.

Being early isn’t about price action.It’s about positioning.

Learning how to:

• build in public

• create on-chain

• align content, community, and incentives

• understand tools before they’re obvious

That’s the kind of work that compounds quietly.

That’s where my focus is.

Market Context (Short and Boring on Purpose)

Before heading back inside, here’s the simple snapshot:

• Bitcoin recently traded in the mid–$80k range

• Macro uncertainty remains elevated(tariffs, geopolitics, regulatory clarity delays)

• Markets don’t like uncertainty — they compress, stall, and chop

From a timing perspective, this is exactly when bear markets tend to feel like this.

That’s not a reason to panic.It’s a reason to slow down and be selective.

Better Questions to Ask Right Now

Instead of asking, “What’s the next pump?”, consider asking:

• What am I actually learning in this market?

• What am I building while attention is elsewhere?

• Where is my real edge?

• Do I have strategies for up, down, and sideways conditions?

• Am I holding assets I no longer believe in?

Many altcoins don’t survive bear markets.That isn’t bearish — it’s historical reality.

Right now, risk-defined trading, DeFi mechanics, and portfolio awareness matter more than conviction.

Process Update (Because Transparency Matters)

From a process standpoint:

• Some longer-term shorts remain active

• Selective BTC exposure is being built with defined risk

• DeFi short structures are still running

• More breakdowns are coming, including updated vault experiments

No hype.No promises.Just documented execution.

Final Thought

If you can, step away from the screen.

Go outside.Touch some grass.Get some air.

You don’t perform well in markets when you’re exhausted, anxious, or glued to charts all day.

Bear markets are where real edges are built — not just portfolios.

Quiet work now.Clarity later.

Educational only. Not financial advice. Manage your own risk.

Your next steps

🎓 Take the free DeFi courseIf you don’t understand lending, borrowing, or yield mechanics yet, start here.https://www.dadsdefispace.org/challenges

💬 Join the TelegramThis is where the conversation happens — questions, context, and honest discussion.https://t.me/DADSDefiSpace

📖 Read the journalLong-form market notes, strategy breakdowns, and reflections.https://paragraph.com/@daddefispace

If you do nothing else, do the course first.Everything else builds on that.

Educational only. Manage your own risk. This is an ongoing experiment.