I wrote A Twist in the middle of December after attending a dinner discussion group of some of the leading engineers and software people on Wall Street. I came away from the night with a newfound appreciation for the argument that just because blockchain is revolutionary, that doesn’t mean most (or any) of the value would accrue to the coins and tokens themselves.
Today you’re in for a special treat, a guest post about a fatal mistake that many investors are making right now when it comes to crypto assets and coins – the inability to distinguish between market value and intrinsic value. It was written by The Unassuming Banker, a long-time reader of mine who posts pseudonymously at his blog of the same name. With his permission, I share the piece in its entirety, and I really feel you cannot afford to skip the point he’s making here. I hope you enjoy this.
Read More Here: http://thereformedbroker.com/2018/01/07/the-fatal-mistake-crypto-investors-are-making-now/