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Beginners guide to altcoin investing #cheatsheet

Beginners Guide To Altcoin Investing, A Cheatsheet

The network effects of volatility and liquidity, Bitcoin vs other payment coins

Altcoin volatility proportional to bubble size2016 has been a bull year for privacy coins. Earlier this year we saw mooning of Monero which saw subsequent pumps in other dark-coins including ShadowCash and Navcoin. Then we witnessed a mega-hyped launch of ZCash which peaked at an astounding $5.3k per coin.

Bitcoin's dilution-adjusted price

This chart is the Bitcoin historically adjusted price taking into account lost coins and inflation effects of new coins mined into existence, if you were to treat bitcoin like a company. (Yes we are very close to an all time high.) I thought it would be fun to plot this

Bitcoin

Estimating return potential for altcoins and Bitcoin

I personally think very few people grasp how to gauge the long term return potential of Bitcoin vs altcoins. I often hear people say that Bitcoin is no longer cheap and that altcoins have more return potential being in their earlier stages, while they chase returns similar to Bitcoin’s

Bitcoin

Does ViaBTC have veto power over Segwit activation?

Segregated Witness or Bitcoin Core release 13.1 has been released! This update promises to end a 2 year civil war within Bitcoin’s community over scaling, which unresolved, poses a systemic risk to the network. To the investor, the war has almost certainly had a bearish influence on bitcoin

Altcoins

Startup investment analogies applied to altcoins

I can’t help but apply startup investment learnings onto the landscape of crypto-currency investments. Any startup investor will tell you very few startups make it to success. The path to success looks something like this: 1. Build a team, experiment with an idea, build a prototype, try and show

Data Viz

Data visualisation: altcoins that achieved $5m market cap vs bitcoin

Altcoins

Data visualisation: 118 coins plotted over time this is why HODL altcoin indexes don't work

Do you like my canvas art? I’m calling it “shit runs downhill“. I’m thinking about mounting it on my wall to remind me of the perils of HODLing altcoins. After finding out that altcoin index funds don’t really work [https://woobull.com/crypto-currency-index-funds-the-simulations-have-surprising-results/] , I put together a

Bitcoin

Bitcoin volatility will match major fiat currencies by 2019

Bitcoin was created in 2009 by a mysterious character who claimed it to be a payments network. But unlike most other payment networks like PayPal and Visa, it screwed with our minds by having its own token. A token that had a price that floated against other currencies. In basic

Altcoins

An economic comparison of payment coins, who is winning the race?

Last week I created the Commerce Index [https://woobull.com/the-commerce-index/] as a means to measure a coin’s suitability for general commerce. In a nutshell it tracks the property of liquidity and low volatility. Both consumers and merchants want a currency that is stable and has high enough liquidity

Altcoins

Crypto-currency Index Funds, the simulations have surprising results

This year, the idea of managed portfolios and index fund portfolios has been on the rise, you can bet on many hitting the market in 2017. It’s a popular idea borrowed from Wall Street. For stocks 99% of index funds, namely a fund that buys the entire market passively,

Altcoins

The Commerce Index

I’ve decided to come up with a new index to measure how suitable a coin is for generable purpose commerce. For a consumer to hold a coin in their wallet, they want good liquidity and low volatility. Similarly the merchant on the other side of the transaction want the

Altcoins

The Shitcoin Pattern

Seen this price pattern? Yes? Here’s another one… The first graph is XRP/Ripple, while the second one LTC/Litecoin. But really it could have been any altcoin through to 2014 so you should be familiar with it. It’s what I call the “Shitcoin Pattern”. Prior to 2015,

Altcoins

Historical performance snapshots of the top 10 coins

I ran some charts on the top 10 coins by marketcap, to see how they individually performed had you invested 6, 12, 18, 24 and 30 months ago. Here’s my results. The conclusions are unclear but some thoughts come to mind: * Over the long term (2 years or more)

Altcoins

Exodus Wallet Roadmap

LAST UPDATE 7 JAN 2018 Investors in this space will need a good solution for storing your various crypto-assets, so I thought I’d make mention of Exodus Wallet [https://www.exodus.io/]. It’s beautiful to use, reliable, and in fast development. The document addresses the most common question

Bitcoin

Bitcoin Market Cap should be $40b according to Metcalfe's law

Metcalfe’s Law states the value of a network is proportional to the number of members squared. I thought it’d be fun to run the numbers on the Bitcoin Network. Since we don’t have solid figures on the number of active users on the network, I’ve had

Altcoins

Analysis of Dash's valuation as a function of transaction volume

Dash’s focus is a payment network so transaction turnover will be key. Let’s run some numbers to figure out transaction turnover and market cap valuations… This is Bitcoin’s transaction turnover as a function of their market cap: Source [https://twitter.com/dangermouse117/status/771387879117430784] Source Data [http:

Altcoins

Historical Bitcoin returns vs Altcoins

In my pursuit to analyse Altcoin returns if you had bought the entire market like an index fund, I just ran some numbers: PeriodBitcoinsAltcoinsSep 2013-2016470%1970%Sep 2015-2016170%268%Sep 2014-2015 -47%20%Sep 2013-2014300%369%I’ve yet to work out risk return on altcoins but I suspect the

Altcoins

Altcoins are where the investment opportunity is

Out of curiosity, I put together a graph to analyse the market cap growth of altcoins compare to Bitcoin. Very interesting… For investors, it seems 2016 is the year of the altcoin. Bitcoin has long dominated the investment space with over 90% of the market cap as it built a

Bitcoin

Block size debate : Increasing block size for capacity won't work

Bitcoin’s blockchain is like a telephone party line, it’ll work for a village but it won’t when it scales to the world. Pundits are debating whether we should increase the block size indefinitely to allow more capacity on the network. Well I guess it’s time to

Humour

Scaling Bitcoin. It'll breakout soon! Humour, not really.

Just for kicks, I thought I’d apply some trading technical analysis to the Bitcoin Network transactions per second graph. Turns out we’re in a flag pattern and she’s gonna breakout sometime before May 2017. Behind all this are some more serious fundamentals… this graph is logarithmic so

Altcoins

Who will win the anonymous altcoin battle?

Since the recent explosion of Monero, it seems privacy-centric coins are all the rage right now. So I’ve been thinking a lot about anonymous coins of late… Dash [https://www.dash.org/] and Monero [https://getmonero.org/] are the leading contenders with healthy communities, liquidity and market caps [https:

Altcoins

Filtering out suspect market valuations in the altcoin space : Ripple, Steem and NEM seem suspect

I ran the numbers on 24hr traded volume (liquidity) vs market cap for the top 40 altcoins to highlight any suspect valuations. You could say it’s a shitcoin detector, LOL. The idea being that an altcoin that has a low ratio of traded volume vs its market cap has

Altcoins

The 3 golden rules of coinage

When I look at crypto-currency projects, and I mean really, they pop up every other day, I apply my 3 golden rules to filter potential success from, well… a shitcoin. 1. Healthy community 2. Liquidity 3. The tech is legit That’s all. End of post 🙂

Infographic

Crypto-currencies that did better than 10x return by year [infographic]

Okay folks, time to try my hand on making an infographic… Below is a infographic of the top performing crypto-currencies achieving above 10x had you invested for up to one year and exited in any particular year. This analysis assumes the profile of an investor buying on an exchange (no