Understanding Crypto Fundamentals: Value Investing in Cryptoassets and Management of Underlying Risks Paperback – 31 May 2023

Very glad that I finally found a book that is offering in depth knowledge of crypto while being concise.

Obrigado por este livro incrível! Possui um conteúdo denso porém apresentado de forma fácil de ler. Acho que é muito útil para quem se interessa em investimentos em cripto e quer entender porque os criptoativos têm valor. Espero que haja um próximo livro por vir!

I have been interested in investing for a long time. And let’s face it, no matter how knowledgeable you are, it remains impossible to predict the future. Especially, when it comes down to new asset classes like crypto currencies. I remain skeptical about the crypto market, but my doubts about the ‘crypto hype’ are gone by now: the crypto market has proven to be a young, though established asset class that will be a part of my investment portfolio based on the diversification principle. Finally, I have a comprehensive and well-written book that provides me with the right knowledge and tools to invest in the crypto market. Nevertheless, predicting the (crypto) future remains impossible for me, but Thomas has enlightened me with his investment wisdom in his ‘value investing’ chapter: “The real objective is to be directionally correct rather than accurately wrong”.

"Understanding Crypto Fundamentals" marks the impressive debut of an author brimming with potential in the realm of cryptocurrency investments. This insightful book offers a comprehensive exploration of value investing in cryptoassets and the crucial aspect of managing underlying risks.From the outset, it becomes evident that the author possesses a deep understanding of both traditional investment principles and the unique dynamics of the crypto market. Their ability to bridge the gap between these worlds is commendable, making this book accessible to both novice and experienced investors seeking to navigate the complex world of cryptocurrencies.One of the book's strongest attributes is its focus on value investing, a strategy well-known in traditional markets but often overlooked in the volatile crypto landscape. By emphasizing the importance of understanding the intrinsic value of cryptoassets and investing based on long-term prospects rather than short-term speculation, the author provides readers with a solid foundation for making informed investment decisions.Moreover, the author's detailed exploration of risk management sets this book apart from others in the genre. Recognizing the inherent volatility and unpredictability of cryptocurrencies, they provide readers with practical techniques and strategies to mitigate potential risks. The book covers a wide range of risk management topics, including portfolio diversification, asset allocation, and the significance of thorough research and due diligence.Throughout the book, the author's writing style is clear, concise, and free from unnecessary jargon. Complex concepts are explained in a manner that is accessible to readers regardless of their level of expertise, ensuring that even those new to the subject matter can grasp the fundamental ideas presented.Overall, "Understanding Crypto Fundamentals" is a commendable debut by an author who shows tremendous promise in the field. With its focus on value investing in cryptoassets and a thorough exploration of risk management, this book serves as an excellent resource for anyone looking to venture into the exciting world of cryptocurrency investments. Whether you are a beginner seeking a solid foundation or a seasoned investor looking to refine your strategies, this book provides valuable insights that will undoubtedly contribute to your success in this rapidly evolving market.

This book is an up-to-date overview of why Bitcoin, and possibly other cryptoassets, have value in the first place, how to measure this value, and which risks remain for investors. It covers why financial portfolio managers should consider an allocation in Bitcoin and the revolutionary potential of this new asset class. Strongly recommended to anyone looking for understanding the economics fundamentals behind crypto!

Very interesting and easy to read, gives you a perfect first idea and overview