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I did a little comparisson between some of the exchanges/brokers that I use for crypto TS Crypto is not an exchange, its an aggregator. So it looks like they bundle together BTC avaliable at other places and offer them in blocks (probably with a spread gain for them) whereas Kraken and...

There are reasons to sell Bitcoin, these aren't good ones. But even the good ones wont move the person out of crypto, they will just lead the person to ETH

I'm afraid, most people are doing that out of FOMO, not research. And that includes myself

Here is a view: Its a lot of work for an uncertain payoff, why not just own, say, 75% BTC 25% ETH and call it a day? ETH has even been beating Bitcoin in last 15 months or so, I think thats what a core crypto portfolio should look like. So, now, an alt portfolio has to beat ETH as well (in my...

If his Early Stage Token fund has been sucking like this, it leads to the question, perhaps instead of investing in a fund like that, it could be better to just buy more bitcoin (raising the % allocation in a portfolio). The final risk adjusted return will probably be higher with less work...

I just run the comparisson return numbers on Excel vs Bitcoin returns over the same period. Pantera has been taking on the chin vs Bitcoin. And this understates the difference because I used their "Bitcoin Fund" returns, which include a fee. I'm no maximalist, I like ETH and own a fair amount...

One of the downsides of his Early Stage Token fund is that there is a 12 month gate for withdraws. So you got to predict tops 12 months before they happen, to avoid the gigantic drawdowns. If I were invested, I would be probably asking for withdraws right now, so in early 2022 I would get the...

ICOs, Altcoin investing is hard. One of the best funds around seems to be Pantera Capital. I was looking at their returns and it is nothing to write home about A quick glance at the returns and it seems to me that one would have been better off owning Bitcoin since 2017 rather than investing...

Kraken has a platform that looks quite decent, its very similar to https://cryptowat.ch/

dabble = please dont front run us

Very interesting unmentioned fact about Bitcoin dominance

https://docs.house.gov/meetings/BA/BA00/20210218/111207/HHRG-117-BA00-Wstate-GillK-20210218.pdf

Here is a potential mistake Hedge Funders and other asset managers might make (and that includes myself due my background on day and swing trading): thinking we can predict tops Bitcoin (Or ETH) by looking at history (of bitcoin or markets) Thats the mistake Taleb is making right now (and the...

Yes but the HF folks have been told that for years but they continue to not get, I mean, the guy has his MBA and Ivy degrees and will tell you he understands the math but you look at his behavior and he doesnt. Maybe Bitcoin will change that but I have a feeling that even the ones that buy it...

Here is a little table of the different mindsets that I wrote in an unpublished article back in 2017 Of course, these wont hold in every person who runs a hedge fund or VC but they were the tendencies that I was able to identify (I removed one entry that I no longer agree with, also, some...

You can even see Hendry at the end of the interview suffering from the lack of price targets, models, numbers and things like that (typical HF mindset). He wants control but exponentials dont work like that, that's the type of thing that can work in large mature macro assets like developed...

Dalio and Hendry already have Pal really nails the critical issues at the end of this interview. That's the kind of thing I have been rambling for years in this journal, about the differences between a NY thinking (typical hedge fund manager mindset) and SF thinking (typital VC mindset). NY...

Yes, I agree. I guess the broder point I was trying to say is that to build a good crypto business I believe the company needs to be there for the upswings and downswings. Kinda like Coinbase, they have been there during nasty bears and big bulls. Now they are worth $80B and its really hard to...

thanks for agreeing with me. goodbye

That's just you and Sig quantifying the size of GS's mistake. If they buy GLXY for $15B, thats how much their lack of vision cost them