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Crypto bros, it’s time to touch grass (and maybe eat a vegetable). While we’re busy building the future of finance, let’s not forget about building our own health and well-being.

Crypto is amazing. Where else can you find a community that’s simultaneously deeply committed to decentralization, personal freedom and also spending countless hours trolling on Discord?

But while the crypto world has been busy sending tokens ‘to the moon’ and arguing about the merits of various dog-themed coins, we may have neglected something important - heilsu okkar.

Sure, we might be revolutionizing finance with DeFi protocols like Aave and MakerDAO (MKR), but what good is all that yield farming if we’re too burnt out to enjoy the gains?

And yeah, it’s exciting to predict Bitcoin’s rally after the halving, but let’s not forget to take a breather and step away from the charts every once in a while.

Sannleikurinn er - the crypto lifestyle can be pretty unhealthy if we’re not careful. Late nights staring at screens, a diet fueled by energy drinks and ramen and constant stress over market volatility - égt’s a recipe for burnout.

And with the bull cycle in mid-swing, it’s easy to get caught up in the craze, sacrificing health in the pursuit of gains. But as tempting as those returns may be, we need to remember the importance of balance.

Burnout is a real risk, and it’s up to us to find ways to stay grounded amid the chaos. Fortunately, Web 3.0 has provided solutions.

From AI-powered wellness tools to communities focused on self-care, there are more resources than ever.

And let’s be real - it’s not just our physical health that’s at risk. Mental health is a serious issue in the crypto space, with the 24/7 nature of the markets and the pressure to always be ‘on’ taking a toll on many.

I mean, rehab centers have even added crypto trading fíkn to their lists of mental health treatments, citing estimates that around one percent of crypto traders will develop an ‘extreme’ addiction.

But it’s not all doom and gloom. There are signs that the crypto community is starting to take wellness more seriously.

Take the many podcasts discussing mental health and Web 3.0, or the rise of new projects like Stepn og Svitahagkerfi, which reward users with tokens for physical activity.

There are even projects like Sleepagotchi, which gamifies healthy sleeping habits to help us catch those Z’s.

As a founder in this space, I feel it’s important to use Web 3.0 to enhance people’s lifestyles and encourage better health.

We know what we should be doing anyway, but by aligning incentives with well-being, we can create a shift in how people approach their health.

Sure, it may feel a bit gimmicky at times, but the underlying principle is solid. If we can make health a little more fun, why not give it a shot?

Of course, there’s still a long way to go. Pushing ourselves to the brink in the name of sick gains is still all too common - and the ‘move fast and break things’ mentality often extends to our well-being.

But perhaps it’s time for a shift in mindset. After all, what’s the point of building a decentralized future if we’re not around to enjoy it?

And how can we expect to create a truly sustainable and equitable financial system if we’re neglecting our sustainability in the process?

So, maybe it’s time to start thinking about health as the ultimate long-term hold. To start prioritizing self-care as much as we do our portfolios.

And to remember that, as much as we might love the crypto rollercoaster, we’re all still human at the end of the day.

Because while blockchain might be forever, our bodies and minds are not, regardless of what Bryan Jónsson might have to say about it.

And if we want to be in it for the long haul, we need to start treating them with the same care and attention we give to our private keys.

So, go ahead and keep stacking those sats and yield farming those new layer-three tokens.

But don’t forget to take a break every once in a while, too. Eat a vegetable. Go for a walk. Call your mom (she misses you). Your future self will thank you.

Og hver veit - with a bit more balance and a bit less burnout, we might just find ourselves with the clarity and longevity we need to truly build the decentralized, democratized world we all dream of.

Because at the end of the day, the greatest wealth is health. And that’s something no market crash can ever take away.


Edison Chen er meðstofnandi og forstjóri CUDIS, a Web 3.0 startup incentivizing healthy habits. A UCLA grad and serial entrepreneur, he has managed a $200 million fund in a top-tier VC with a background in consumer tech, fashion and blockchain.

 

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Fyrirvari: Skiptar skoðanir á The Daily Hodl eru ekki fjárfestingarráðgjöf. Fjárfestar ættu að gera áreiðanleikakönnun sína áður en þeir fjárfesta í áhættuhópi í Bitcoin, cryptocurrency eða stafrænum eignum. Vinsamlegast bentu á að tilfærslur þínar og viðskipti eru á eigin ábyrgð og tap á þér er á þína ábyrgð. Daily Hodl mælir hvorki með kaupum né sölu á cryptocurrencies eða stafrænum eignum, né er Daily Hodl fjárfestingarráðgjafi. Vinsamlegast athugið að The Daily Hodl tekur þátt í markaðssetningu tengdra aðila.

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