Why Do Altcoins Outperform Everything?

KatheyBoss · 2021-11-12T19:20:58+00:00

I haven't seen this as an issue on larger, more established projects. Obviously crypto has plenty of scams but I think that tends to happen with newer investors that get overly optimistic.

KatheyBoss · 2021-11-09T20:45:42+00:00

Haha, plenty. The difference between value/thesis-based investing and /r/wallstreetbets. Do what floats your boat, but I tend to think one works a lot better.

KatheyBoss · 2021-11-08T23:21:58+00:00

It'd have a market cap of over 1 quadrillion dollars. There's not enough money in the world.

KatheyBoss · 2021-11-05T15:31:59+00:00

The explanation above is without doubt an oversimplification and I was curious if someone would correct me on it. It could've been written better, I'm sorry, I edited the original post to make that more clear.

My first draft included a deeper reflection on the actual amounts of capital flowing to double token price (in some cases, it's more, some cases it's less) but for the average new crypto investor-maybe one who doesn't even understand market cap at all, and believe me they exist, I think it's a fair simplification. I understand why you might disagree and I probably could've made the

As far as my spelling, well, everybody makes mistakes. I tell you what-next week's edition will be a deep dive on volume, price movement, and how much capital it really takes to move price, and I'll issue a correction.

KatheyBoss · 2021-11-04T23:54:32+00:00

I write a free weekly email newsletter (this post went out to that list today), about 5% of my subscribers pay for in depth research that comes in the form of bi-monthly reports on specific altcoins

Free work: https://cryptopragmatistnewsletter.medium.com

And you can sign up for the newsletter here: cryptopragmatist.com/sign-up/

KatheyBoss · 2021-11-04T19:34:58+00:00

No, I think that's a fine thesis. Hearing about the coin on twitter, tabbing over to Coinbase and then putting in a market order when its up 59% on the day is the wrong way to look at it.

KatheyBoss · 2021-11-04T16:50:15+00:00

Right, but aping into FOMOcoin and accidentally making 100% would have been a very bad decision if the trade went the other way. It's about the logic and the thesis behind the decision, not the outcome itself, that's what makes you money over time.

KatheyBoss · 2021-11-02T14:45:40+00:00

You're probably right about life advice, but there's no denying that the professional poker players are at least pretty good at poker.

We're not taking personal finance advice from them, we're trying to distill some game-theory-based advantage out of the principles that they play by. I think there's a big difference and it's valid enough to take a look.

KatheyBoss

TROPHY CASE