Dat Inverted Yield Curve





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The HERD is coming into Crypto!!!

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Bought crypto in 2017? Congrats fellow crypto OG on being a verified early adopter. THARMS UP MAN. Buying crypto in 2018? HERD SHEEP FOMO NOOB, get rekt beech! Proof of herd? This . The herd is coming in and buying everything with a face value of under $10, especially things below $1. Madness. Who cares about circulating supply or market cap? Price is the most important thing, right? The next time someone says that the "price is cheap, so it's a better buy", I'm going to shit myself instantly on the spot. I cannot tell you the number of times people told me that they can't buy a crypto because "it's so expensive". *COUGH COUGH COUGH DGD COUGH COUGH COUGH* Anyway, we already knew that this would happen. Just a PSA and FYI, the herd is already here, and half of them are STILL stuck at registration and verification at exchanges. I know someone that has already been waiting 2.5 weeks to be verified. And that was before the alt-coin FOMO boomz and we are...
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46% of 2017 ICOs have already failed, Yours is next

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Value Investing Case Study: Does it apply to Crypto?

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For some reason, I managed to stumble upon this article by Dr Wealth that was written back in Feb 2018 regarding his LTC trade . Simple TLDR is that the NAV was $1.63, but was trading at $0.60. Dr Wealth had quite high confidence in the integrity of the underlying assets, since they were largely in (1) investment properties that are yielding good rental, (2) fixed deposits and (3) cash and bank balances. These kind of assets do not need to be marked down deeply when considering their salvage value. 7 months later, buyout offer with a 54% return from entry. Fantastic trade. This reminded me very much of my Saizen REIT trade which saw me realize a total gain (dividends + gain) of 40.4% over about 1.5 years . I consider it as one of my early masterpieces because of just how sure I was that all the evidence is pointing towards good future gains. Yes, I had strong evidence . Now, buying assets at a discount to NAV is a pretty good strategy if it satisfies some criteria: 1) there should be e...
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