Investing in Cryptocurrencies and Digital Assets

Most cryptocurrencies and digital assets will be worthless in the long run. Despite this, the sector maintains a great deal of potential, promising to create household names worth trillions of dollars in the next decade. How can investors differentiate between those assets that will decline into obscurity and those few that will succeed? In Investing in Cryptocurrencies and Digital Assets: A Guide to Understanding Technologies, Business Models, Due Diligence, and Valuation , expert trader, academic and investing consultant Keith Black delivers an insightful and practical set of tools to understand blockchain and distributed ledger technologies and their business models. In the book, you'll explore effective valuation models to help evaluate the likelihood of success for various cryptocurrencies and digital assets. Using the power law commonly employed in venture capital--where a few investments dominate the market capitalization of an investment portfolio--the author examines the current state of the digital asset market and considers how it is likely to unfold over the next several years. He offers numerous examples of digital assets in hedge funds and venture capital portfolios, as well as performance analyses of crypto assets held in stock and bond portfolios. You'll discover how to buy crypto directly, or invest via derivatives, futures, options, and exchange traded funds. You'll also explore meaningful due diligence techniques and strategies to avoid commonplace technology and compliance risks in the industry. Perfect for institutional and retail investors interested in alternative and digital assets, Investing in Cryptocurrencies and Digital Assets is a powerful collection of tools and techniques for navigating an increasingly important market.