BlogHide Resteemspablo-lema (29)in cryptocurrency • 3 years agoHow to Value a New Crypto AssetFor the last few months, I have been thinking a lot about how to value, or at least gauge, whether a newly released crypto asset is trading at a price that favors purchase, or perhaps sale, if we…pablo-lema (29)in cryptocurrency • 4 years agoCrypto Assets Are Primarily Communication NetworksWhen I was in college there was a joke going around that the easiest way to piss off the physics professor was to ask him “what is gravity?”, upon which the professor would launch into a 45 minute…pablo-lema (29)in cryptocurrency • 4 years agoMr. Market vs. Mr. ICOBen Graham was a towering intellect. He wrote a book which has inspired legions of hedge fund managers and smaller investors to wealth, and quite interestingly, they all took the basic concepts laid…pablo-lema (29)in cryptocurrency • 4 years agoAntifragile: Cryptocurrency and the Passage of TimeIn his outstanding book “Antifragile,” Nassim Nichoals Taleb discusses certain technologies that not only are able to withstand long term volatility, and uncertainty, but rather become stronger…pablo-lema (29)in cryptocurremcy • 5 years agoKey Asset FeaturesThere are a myriad metrics by which one may measure a crypto asset, but I would like to go back to the basics, what are cryptocurrencies made of? Well, a few key building blocks are common to pretty…pablo-lema (29)in technology • 5 years agoThoughts on the Long Term WinnerToday we are going to discuss how the long term survivability of a prospective crypto asset is the single best indicator of its investment quality. We will also consider capital’s role in this…pablo-lema (29)in cryptocurrency • 5 years agoThinking in SystemsThinking in systems is hard, particularly because humans are best at linear reasoning, “if this, then that.” Systems are much more complex, made up of intermingled relationships with varying…pablo-lema (29)in cryptocurrency • 5 years agoEconomic Over Technical ImprovementsWhen considering the attributes of candidate cryptocurrencies, you should always prefer economic over technical improvements. The obvious example is Bitcoin, which over the years I have been active…pablo-lema (29)in cryptocurrency • 5 years agoThe Value of WorkLet us consider “work” in a special sense, as the inputs that go into the maintenance (or in the digital sense) creation of an object such as a piece of software. Work requires one key ingredient…pablo-lema (29)in cryptocurrency • 5 years agoA Narrative of Price AppreciationA couple of years ago I ran into a dear friend who was preparing to launch a new crypto project, and he asked for my advice in helping it take off. In the end it fizzled and last I looked the…pablo-lema (29)in cryptocurrency • 5 years agoIt’s Chancey“Generally speaking, the prices of cryptocurrencies are not governed by chance, but they tend to behave like they do.” I don’t exactly recall who said this first, but I think a more apt description…pablo-lema (29)in cryptocurrency • 5 years agoWhat is a Crypto’s Value? (Part 1)At a very high level, there are two types of values that we can consider when thinking about the value of anything: the market value (price) of an asset, and the intrinsic value of an asset. When…pablo-lema (29)in cryptocurrency • 6 years agoVolatility vs. RiskLets talk for a moment about volatility and the future of crypto investing. In essence, volatility refers to how far the pendulum of an asset price may move in any given period. Historically…pablo-lema (29)in cryptocurrency • 6 years agoDefensive MoatsLet's talk about moats. If you are flashing back to fourth grade history and picturing a small lake with a castle in the middle, you are on the right track. Moats are a purely defensive combat…pablo-lema (29)in cryptocurrency • 6 years agoPrinciples for Crypto Investment, An Intelligent ApproachI am the Author of Principles for Crypto Investment, a book focused on developing a basic theory about crypto investment. My first book Crypto Success has been reviewed almost twenty times and has a…pablo-lema (29)in cryptocurrency • 6 years agoThe Market CycleThere is a cycle to everything in life, and like most things, it is important to understand that these cycles create opportunities as well as risks. The market is no different. I would like to draw…pablo-lema (29)in cryptocurrency • 6 years agoLong Term Bets and the Scaling DebateYou should always prefer improvements to the economic incentives of a coin as opposed to mere technical improvements. There are myriad examples of this and the lines are not always black and white.…pablo-lema (29)in cryptocurrency • 6 years agoMore Thoughts on IndexingWe have previously discussed some criteria as to how to create a good crypto coin index (Not Scams NS:100). Let’s here discuss why we do not use traditional indexing techniques when investing in…pablo-lema (29)in investing • 6 years agoLouis XIII and YouI am not, by any stretch of the imagination, what you might call a “drinker”. My average alcohol consumption per year is probably equivalent to no more than 3 beers total. But there is an aspect of…pablo-lema (29)in trading • 7 years agoMe vs. Day TradersDay traders put food on my table. I have them to thank for my daughters braces and bills paid on time. I’m a big fan of day traders. I’m not being caustic either, I mean, how can you not love a…
