Ethereum and Chainlink are the clear leaders in their respective categories and are often considered a match made in heaven. While these blooming communities have had their ups and downs, all should take notice at the amazing work being done towards building a New Open Financial System.
History shows that as asset classes emerge, new types of investors arrive to take advantage of unprecedented market dynamics. We are now entering an era of Crypto Assets and the associated Innovative Investor.
Crypto Assets require a unique knowledge set if one wants to avoid common pitfalls. These assets are inherently hyper volatile due to many factors that include instant liquidity upon creation and market information asymmetries which compound the emotions of market participants. The only way to avoid being sucked into the vicious FOMO and FUD cycle is to form yourself into an innovative investor. …
One of Hercules’ most famous battles was against a great Hydra. According to Greek mythology, a Hydra is unique in that when it’s attacked and has a head severed, two more grow back in its place. The more pain and issues the Hydra encounters, the more resilient it becomes. This regrowth trait is a feature which is known as Anti-Fragility.
Anti-Fragility is a response to a stressor or source of harm, leading to a positive sensitivity to increase in volatility, variability, stress, dispersion of outcomes, or uncertainty.
It’s time to pay attention. Ray Dalio, Conspiracy Theorists, Gold Bugs, Bitcoin Maximalists and even the Chinese Government all have one thing in common. They believe that the existing Global Financial System is in for a paramount change in the near future.
Ray Dalio, the Founder of Bridge Water Associates, has been trying his best to alert the broader market about this coming major change. He has been on the biggest global stages, media stations and even went as far as releasing an entire book for free just to warn others about the imminent paradigm shift.
After the dust settled from the Dot Com Bubble, we saw distinctive phoenix internet companies rise from the ashes and deliver immense value to the every day user. This not only allowed them to attract hundreds of millions of users, but this also translated into significant price increase in their associated stock prices.
Crypto assets are unique in the sense that they are either natively baked into a network or exist on top of a network. There are many crypto assets but one in particular deserves your attention. The network is known as Ethereum and it has a native asset called Ether. Ethereum has the most daily users, daily transaction volume, total number of assets built on top of the network and most importantly, number of developers.
While Bitcoin is #1 when it comes to total network market capitalization and general market awareness, Ethereum will continue to gain notoriety in the space as…
The crypto asset market is highly emotional, full of noise and thus incredibly hard to navigate. This has created significant information asymmetry among participants, which can be a boon to investors who can be level headed and get proper signal. We are at an inflection point in a market that shows institutions are coming as critical infrastructure continues to come online. Most notably the launching of CME Futures in 2017, Fidelity Digital Assets in 2018, and now ICE’s BAKKT in 2019.