Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond
The innovative investor’s guide to an entirely new asset class—from two experts on the cutting edge
With the rise of bitcoin and blockchain technology, investors can capitalize on the greatest investment opportunity since the Internet. Bitcoin was the first cryptoasset, but today there are over 800 and counting, including ether, ripple, litecoin, monero, and more. This c...more
The proliferation of blockchain technology has created a new class of investor. Cryptoassets: The Innovative Investor's Guide to Bitcoin and Beyond provides a balanced account of the new craze.
The book excels in providing the best explanations of the major crypto-whatevers I have ever read. It dives into regulatory topics, the topic ...more
(But I honestly can’t say if that’s because of me or the content.)
The book starts out with dozens of high profile people praising the content of the book, both from within the crypto community as from the wider fields of economics, finance and academia in general. This is out of sync with the juicy-ness of the content. Nothing really new, startling or insightful here; it’s just a good summary of the scene. But again, that might be caused by me. Reading this book, I realized I already k ...more
To start with, the authors use long sections to justify cryptoassets as a new investment asse ...more
This book did a great job of giving some much-needed structure to my understanding of the crypto ecosystem. Dividing cryptoassets based on their functionality into cryptocurrencies, cryptocommodities, and cryptotokens, to start with, helped me bring order from the chaos that is crypto. Staying true to their digital origins, the markets have ...more
This gives you a comprehensive introduction around blockchain, crypto currency/assets and how to evaluate/deal with them.
What is nice, is that it draws comparisons with how FIAT currencies and other stocks, IPOs behave.
Then it also ties into The Innovator's Dilemma: The Revolutionary Book that Will Change the Way You Do Business about starting small and adjusting based on what you learn.
If you are wanting to get onto the gravy train which is crypto assets and haven't at least got ...more
The trouble is that in the space of a few months since the initial text this has become a history book rather than something you can read if you want to be up to speed with the field [this review written in Jan 2018]. A crypto ...more
Cryptoassets present a huge investment opportunity – the kind that’s rarely available to novice investors. But, before you jump into the deep end, you absolutely must familiarize yourself with the market and what it means to invest in cryptoassets. Read white papers and pay attention to decentralization edges; keep an eye on trading pair diversities and store your cryptoassets securely. And remember: you might lose your money. If you know the risks and do the research, cryptoassets ...more
There is a lot of info about blockchain out there, but this book puts what is most relevant all in one place.
If you've been told bitcoin is a bubble, this book is for you. If you've been told bitcoin is going to replace our Fiat monetary system, this book is also for you. B ...more
Helps structure your understanding of a novel asset class. It outlines the basics of the technology and reviews major investing concepts in the context of the new technology. It covers portfolio theory, the role of alternative assets, and the significance of correlation. There is also discussion of bubbles and Ponzi schemes that may be helpful to people who hear those words thrown around. After touching on so many topics it co ...more
The authors refer to the reader repeatedly as "the innovative investor" in a way that grates; it was just a bad stylistic decision to do this in my opinion.
As other reviews I skimmed mentioned, for th ...more
The key message in this book:
Cryptoassets present a huge investment opportunity – the kind that’s rarely available to novice investors. But, before you jump into the deep end, you absolutely must familiarize yourself with the market and what it means to invest in cryptoassets. Read white papers and pay attention to decentralization edges; keep an eye on trading pair diversities and store your cryptoassets securely. And remember: you might lose your money. If you know the risks and ...more
The authors go into great details on the DLT and Blockchain technologies, other crypto assets such as ether, ripple, litecoin, monero, dash and cash - as case studies and provide great portfolio approaches, buying strategies, and investment advices. You will learn about volatility, volume, liquidity, fundamental analysis, number of transactions, developer base ...more
Although published recently, it already feels slightly dated, having no comment on the price surges of May and December 2017.
The format is well organized, following a What, Why, How breakdown.
The "What" is probably the most relevant, as it goes through the histories and developments of the most influential areas of the industry. "Why" gets a little more dry with talk of portfolio management theory, volatilit ...more
But plenty of good information as an overview of cryptoassets. I particularly liked the chapter on asset alloc ...more
This book assumes some investment knowledge but is written for the layman. As you learn about the history of cryptoassets you also learn about different types of investment analysis, a peek into day trading and some exposure to Modern Portfolio Theory.
The book ...more
I grabbed this book to get a deeper understanding of blockchain technology and Bitcoin. While it provides that overall, there is also a feeling of the authors trying to aggressively convince me that Bitcoin is the future. While I might be a skeptic, it's also notable that both authors disclose their investments in cryptocurrency, and are therefore personally invested in the success of their holdings. That being said, it's a wo ...more
In order to invest in cryptoassets you need to understand their nature. This book does a fantastic job of explaining what they are, how to evaluate them, red flags, etc. You also need to understand investing. The book treats both subjects seriously, going so far as to apply concept like NPV and MPT to crypto ...more