I shorted some long-term undervalued assets with low leverage through @legendtrade.

I mainly screen for two types of targets:

1/ Businesses that have essentially ceased to exist, or narratives that have been debunked by the market

2/ Teams that have actually shifted to new projects

There is also a hidden premise, the target must have once been very popular.

Projects that were never popular are inherently not expensive, so there isn't much to discuss in terms of regression and correction.

By the way, I have a pretty optimistic view of the Legend platform itself.

Social + spot has @tryfomo

Social + perp is what Legend is doing.

Electric + Amber + GSR invested 3.5M in them.

Transfer: https://app.legend.trade/r/DVOJGZNM

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