⚡ How to achieve more structure with research (+ a free framework inside)
And what weightlifting can teach you about DeFi
Outside of DeFi, one of my main hobbies is weightlifting.
I’ve always loved self-improvement and building muscle.
I’m not gonna LARP as a fitness expert, but I’ve been training for close to a decade and have reached a level that most people would like to.
I’ve spent countless hours researching, watching YouTube videos, talking to some professional athletes, and training.
During this time, I’ve noticed some archetypes inside the gym:
The teenagers who spend an hour on one machine
The New Year’s Resolution crew that is gone the next week
The guy who lifts every week and is still thin
They have one thing in common. They don’t make progress.
How could you show up to the gym and not make progress?
Usually, it’s because of one simple mistake. Not tracking.
I was in their shoes when I first started lifting. I’d show up and do whatever I felt like doing. I’d do different exercises each workout, with no rhyme or reason to my weights and reps.
Months passed with no results.
I was frustrated.
Eventually I came across a YouTube video that talked about the importance of keeping a training journal. Something clicked. My issue was the absence of progress tracking systems.
Having a system for tracking your progress is the game-changer:
A system to incrementally improve weights
A system to hit specific muscle groups
A system to make data-driven decisions
As soon as I implemented those systems. It made all the difference.
Finally, I started seeing results. With progressive overload, I was steadily adding reps and weight every week
Famous management theorist Peter Drucker said: “What gets measured, gets managed.”
And those lessons from the gym also apply to DeFi.
Just as tracking your workouts is a "system" for maximizing your training, trading crypto demands a systematic approach.
One system I use for DeFi research is a framework I developed for evaluating tokens: the PPPF method: People, Plans, Product, Financials. When evaluating a project, I analyze:
People - Who is the team? Who is backing the project?
Plans - What is on the project’s roadmap?
Product - Does the product offer something unique? Do I find it useful personally?
Financials - What are the project’s fees and TVL? Are they growing or shrinking?
It’s a quick way to evaluate if the project has the potential to grow in the long run. But that’s not all.
I also use the Strong & Weak Catalysts system.
Strong Catalysts are events like expanding to a new hot chain or listing on major CEXes.
Weak Catalysts are events like key hires or listing on small CEXes.
The 2 systems combined give me a broad view of the project’s potential and trigger the token price appreciation.
Having a systematic framework for research enhances efficiency over time.
And let's face it, learning DeFi isn’t straightforward. You have to figure everything out yourself. And one small mistake can completely wipe you out (like getting rugged or an exploit).
You can put in the time, and you’ll improve. Or, you might want to fast-forward.
That’s where Double Your DeFi comes in.
Double Your DeFi isn’t some pre-recorded course. You learn from a group of passionate people and level up together. We teach case studies relevant to today’s market. You’ll belong to an exclusive and strong community inside our private Discord.
Some of the things you get when you join Double Your DeFi:
Personalized answers. We have a dedicated session each Friday for Q&A. You’ll have 90 minutes each week to answer all your burning questions.
Over the Shoulder Learning. You’ll not just listen to us saying what you have to do. You’ll SEE a screencast of us using various tools. Enough of information or theory. The best way to learn is from specific examples.
Frameworks. We’ve broken everything down into a step-by-step system you can simply replicate. With the sole focus on what matters: discovering new gems, evaluating tokens, tokenomics, narrative trading, building a portfolio, and much more.
Lifetime Community. After the cohort, we’ll move every student to a LIFETIME Discord server where you can meet students from past cohorts in a single place.
Bonuses. We have an extensive range of bonuses to increase the value you get from Double Your DeFi. Protocol Evaluation Checklist, DeFi Yield Strategy Builder, Narratives Tracker, Whale Wallet List, and more.
This is 1000s of Hours of Study, Mistakes, and Lessons condensed into 5-weeks. This is the most efficient way to shorten your DeFi learning curve.
Oh, and this is time sensitive. The class starts next week on Monday, October 30th.
With the bull market around the corner, think of Double Your DeFi as your rocket fuel to level you up. Save time and mental effort.
Until next time,
Patrick Scott
Dynamo DeFi
p.s. The course comes with a 14-day refund guarantee. We know the program can deliver value. That’s why all the risk is on us.