The Crypto Index Fallacy

Disclaimer: I am an active manager of a crypto fund.

There is a lot going on in the crypto markets, as always. In early 2019, we’re still in a crypto winter, the longest crypto winter ever, actually. Many tout that though the speculative side of investing is in a bear market there is a lot of building going on and the industry is still growing. Or, they mention the private investment or venture investing is still quite active. Both of those may be true, but as a contrarian I want to look at where no one else is looking — that is in the liquid market of coins and tokens.

Original source
https://hackernoon.com/the-crypto-index-fallacy-b151d1b1ecc?source=rss----3a8144eabfe3---4

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