What a difference a few weeks can make...
When I wrote the post, my personal view was that we'll be in the doldrums of crypto winter for a while, not moving up a lot, but not moving down a lot, either
I put defensive positions like going into a bunker awaiting an onslaught attack to bring down btc to $10k give or take
Bitcoin has nicely gone up. My crypto portfolio has gone up about 50%, yield farms have gone up significantly in value, thus producing a higher yield in fiat terms
The value of collateral went up, so borrowed a little more and expanded the farms a little
From defensive to offensive, but comes with higher risks
If this turns out to be a bear market rally and bitcoin price goes down, below $20k, I'll cut down the farms to payoff the defi debt in proportion
Hope everyone invested in crypto assets are doing well. Stay safe and good luck