Santos-Alborna, Ariel,

Understanding cryptocurrencies : bitcoin, ethereum, and altcoins as an asset class / Ariel Santos-Alborna. - First edition. - 1 online resource (xi, 138 pages) : illustrations - Finance and financial management collection, .



Chapter 1. What is bitcoin? -- Chapter 2. How bitcoin fits in your portfolio -- Chapter 3. Macroeconomics, monetary policy, and bitcoin's perfect storm -- Chapter 4. Valuing bitcoin -- Chapter 5. How to invest in bitcoin -- Chapter 6. A look at common counterarguments -- Chapter 7. On ethereum and altcoins -- Chapter 8. Digital assets in your portfolio.

Understanding Cryptocurrencies is perfect for both introductory investors to the digital asset space and experienced investors seeking to gain practical insight into frameworks for understanding digital assets and valuation metrics. The book provides in-depth analysis of Bitcoin, Ethereum, and the different types of Altcoins in the ecosystem. The author demonstrates an empirical approach to explaining how digital assets can fit into a diversified portfolio of traditional financial assets, or as a standalone portfolio in a parallel financial ecosystem. The book contains fundamental, technical, and on-chain analytic tools for investors to better understand Bitcoin price cycles that will ultimately lead to better returns. The capital from these price cycles oftentimes migrates to other digital assets, creating a robust ecosystem and providing opportunities for enterprising investors to generate additional alpha. In Understanding Cryptocurrencies, the author also offers options for asset custody and counterargument breakdowns to create better informed investors. Lastly, the author provides poignant insight into the economic inefficiencies created from decades of Central Bank interest rate manipulation and monetary expansion. These inefficiencies have had social, political, and economic implications. It is ultimately due to these inefficiencies that a global sound money vacuum exists for digital assets to exploit.




Mode of access: World Wide Web.
System requirements: Adobe Acrobat reader.

9781637421000


Cryptocurrencies.
Bitcoin.
Electronic funds transfers.

Bitcoin. Ethereum. Altcoins. Digital assets. Cryptocurrencies. Blockchain. Decentralized finance. Scarcity. Gold. Stock-to-flow. Transactions. Payment. Money. Store of value. Medium of exchange. Utility. Mayer multiple. Market capitalization. Real capitalization. Bitcoin mining. Miner capitulation. Hash rate. Hash ribbon. Difficulty adjustment. Diversification. Portfolio management. Technology. Central bank. Liquidity. Interest rates. Debt. Growth. Value. Liquidity waterfall. Risk curve. Volatility. Digital scarcity. Price cycles.


Electronic books.

HG1710 / .U534 2021