Category Archives: Cryptocurrency

Disclaimers and disclosures

Last updated 03/07/2018 Twitter is a challenging medium for a manager of an investment firm, since the character limit makes standard disclaimers impossible.  A suggestion that I took to heart, was to include a link to such disclaimers and disclosures … Continue reading

Posted in Cryptocurrency | 10 Comments

Don’t ignore the competition

Cryptocurrency investors usually only look at the investable landscape.  They ignore those projects that are hard (or impossible) to invest in.  This is a big mistake when considering an investment in a competitive industry. ++ When I talk to cryptocurrency … Continue reading

Posted in Cryptocurrency | Tagged , , , | 9 Comments

Table Selection

++ Back in my college days, I played poker. A lot of poker, at high stakes. I played online, in Atlantic City, in underground Philadelphia poker clubs, and against other UPenn undergrads. I was a very good player, but I … Continue reading

Posted in Cryptocurrency | 14 Comments

Cryptocurrency’s “Nifty Fifty”

++ Usually in bull markets, the “high beta”, riskier securities outperform. This is what we saw over the last 7 months. Bitcoin rallied impressively, but was dramatically outperformed by the more volatile and more speculative Ethereum, which was itself outperformed … Continue reading

Posted in Cryptocurrency | 11 Comments

The Wall Street Moment

++Over the last two years, the big investor in cryptocurrency was “Silicon Valley.” The high profile investors were mostly tech entrepreneurs and their family offices and venture capital firms. ++I just finished a NYC roadshow with mostly that same type … Continue reading

Posted in Cryptocurrency | 5 Comments

The Coinbase Effect

++Coinbase added Litecoin for direct purchase today, and litecoin (LTC) is up about 30% as a result. The rumor of this addition may have also contributed to LTC’s 100%+ rally over the last 2 months. ++The only other currency Coinbase … Continue reading

Posted in Cryptocurrency | Tagged , | 2 Comments

How To Think About Investing In Cryptocurrency Part 2 of 4: What *needs* to exist.

++Part 2 of the 4-part series “How to Think About Investing In Cryptocurrency” starts exploring the economic forces that will drive market segmentation to help us identify the future industry leaders.  It’s best to start by asking, what needs to … Continue reading

Posted in Cryptocurrency | Tagged , , , , , , , , , | 27 Comments