Blockfi and Human Stupidity Today, I would like to discuss how the heights of greed degenerate into human

When to Sell When to sell. This is something I have been thinking about, ever since the last

Why Tokens Have Value I would like to have a discussion about why crypto assets have any financial

Neck Deep in Incentivized Testnets I have always made the argument that the chances a crypto asset will

Crypto Growth is Free (as in Beer!) I am interested in exploring the idea that it is much

The Magic Lock Box There is a magical lock box of intrinsic value, and it accrues credit every

Stubborn Pablo I am very stubborn. This has been a great boon for my investment career, because I

How to Value a New Crypto Asset For the last few months, I have been thinking a lot

Crypto Assets Are Primarily Communication Networks When I was in college there was a joke going around that

Mr. Market vs. Mr. ICO Ben Graham was a towering intellect. He wrote a book which has inspired

Antifragile: Cryptocurrency and the Passage of Time In his outstanding book “Antifragile,” Nassim Nichoals Taleb discusses certain technologies

Key Asset Features There are a myriad metrics by which one may measure a crypto asset, but I

Thoughts on the Long Term Winner Today we are going to discuss how the long term survivability of

Thinking in Systems Thinking in systems is hard, particularly because humans are best at linear reasoning, “if this,

Economic Over Technical Improvements When considering the attributes of candidate cryptocurrencies, you should always prefer economic over technical

The Value of Work Let us consider “work” in a special sense, as the inputs that go into

A Narrative of Price Appreciation A couple of years ago I ran into a dear friend who was

It’s Chancey “Generally speaking, the prices of cryptocurrencies are not governed by chance, but they tend to behave

What is a Crypto’s Value? (Part 1) At a very high level, there are two types of values

Volatility vs. Risk Lets talk for a moment about volatility and the future of crypto investing. In essence,

Defensive Moats Let’s talk about moats. If you are flashing back to fourth grade history and picturing a

The Market Cycle There is a cycle to everything in life, and like most things, it is important

Long Term Bets and the Scaling Debate You should always prefer improvements to the economic incentives of a

More Thoughts on Indexing We have previously discussed some criteria as to how to create a good crypto

Louis XIII and You I am not, by any stretch of the imagination, what you might call a

Me vs. Day Traders Day traders put food on my table. I have them to thank for my

A Better Crypto Coin Index Index Investing. Index investing refers to investing in a basket of securities which

Toothpaste vs. Quantum Computing Buy toothpaste tokens, not cutting edge quantum computing tokens: By this I mean that

Qualities of a Successful Investor There is an interesting, if unexpected, side effect to being successful at anything,

Trading Should Be Boring I have a friend who is a crypto day trader. He often regales me

Network Effects As we discussed in a previous post, I will be investing in my first ICO, when

Basic Thoughts on Downside Risk Okay, so you’ve scrimped and saved and put together you first investment stake,

My First ICO – Tezos I must confess, I misjudged the situation. When I wrote “Crypto Success,” back

Exchanges Still Very Risky Crypto nerds are survivors. Most of us are in our mid twenties to late

Pablo’s Rules and Principles for Crypto Investment These are my main investment guidelines and principles; read this text