Views on Life & on Equity Investing

Wonder, Wealth & Abundance

Value investing collateral damage

with 3 comments

You’d agree that its unwise to stay invested in long-only position in the stock market 100% of the time, even when the signs are ominous. The best companies fell 50% and the worst 100% in 2008. One may not have arsenal and other tools but in hindsight you’d agree that standing on the sidelines was a better idea in 2000 and 2008.

Global GDP is 75 trillion USD. Cryptocurrency market cap is growing at the rate of 10%+ per month  check here https://coinmarketcap.com/

It takes about few thousand USD and open source software to start a new Cryptocurrency based on cryptography standards and makes sense for anyone with 1-50 million followers on facebook/twitter/etc. to start their own crypto currency. No wonder many US celebrities, rappers have started on, so they could peddle it ,  get support for it from their followers. There are more than 1500 Crypto currencies as I write growing at the rate of 10 a week.

As I write today the crypto currency market cap is 600 Billion USD, this  10%+ per month has kept pace for over 5 years now, and at this rate in another 18 months (1.5 years) that crypto market cap will be 3 trillion USD which will start forcing me to sell 50% or thereabouts of my equity position coz Crypto market cap is going to close to Zero thereafter, and 3 trillion USD write off is unlikely to proceed without a slap on the face of value seeking investors either.

Nice layman’s explanation of how to start a crypto without going into cryptography ciphers/ standards and X.509 / PKI infrastructure.

https://www.quora.com/What-does-it-take-to-make-a-cryptocurrency

We might see a few more Michael Burry’s shorting Crypto in another 1-3 years now that its legit to short it and rake in millions/billions.

Written by amitdipsite

December 18, 2017 at 4:53 am

Posted in Uncategorized

3 Responses

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  1. Dear Amit,

    Merry christmas and a happy new year in advance, may all your wishes come true in coming year.

    Regards,
    Shailesh

    Shailesh

    December 25, 2017 at 4:27 am

  2. Dear Amit Ji,

    A very good morning and a belated Happy New Year.
    It has been quite some time that we are deprived of any write-up on your blog. It is quite a gap – a long siesta.
    Wishing you all the very best in the coming year – wishing the best for all at Eleven Dimensions Funds with health, joy, peace, prosperity, togetherness and joy.
    Hope to see you on the blog soon. Best warm regards – Shaukat Ali

    shaukat ali

    January 5, 2018 at 5:15 am

    • Dear Shaukatji
      Thanks a lot indeed.

      Happy New Year. Will do soon, have been travelling lately.

      God bless you and wish you the same manifold.

      Best regards

      Amit

      amitdipsite

      January 7, 2018 at 1:12 pm


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