In these dark times of Crypto market chaos, let us remember one of the most important golden truths of investing by legend Ben Graham.

in #investing6 years ago

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One thing I have learned over my years of investing is only stick to the best quality projects and be willing to hold longterm. 3-5 years, you'll need that time frame for the investment thesis to materialize. Some investments are so good you may not wanna sell for a decade or more.

If you wanna trade only do it with 30% of your portfolio or less. That way if you mess up the trade your longterm best investments are not messed up as bad.

only stick to the best quality projects.

That also means not buying into a mania like we saw in late 2017. You want to buy best quality projects only at reasonable prices.

This is why price per token means nothing when trying to value a Crypto project. Total market cap of individual coins + a general Crypto market cap gives the Investor good perspective of valuation.

For example: Ripple (XRP) is trading at only 50 cents but the total valuation is sitting above Ethereum at $53 billion.

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Another thing to be aware of is E-M-O-T-I-O-N-S. If you that that control you, you are going to lose money for sure.

Also, being right in the longterm is usually very unpopular in the short term.

Here's a tweet I made a few hours ago from being a Realist.

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Notice how the only person that has liked my tweet is Vinny Lingham himself. I hope you know who he is? If you are investing into the Crypto space I sure hope you do.

You can follow me on Twitter @tokenstate

Like I said, being right in longterm requires you to be very unpopular in the short term. If the crypto crowd has already realized something positive or negative then that would already be priced into the market.

You can only make profit where others have failed to see in advance Many future events are unknown but if you do the right analysis you can make high probability predictions that most often become very profitable.

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In the light of this current crash I've been looking at Binance BNB. Just wrote a post about it.

So solid.

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BNB will take over Coinbase more as they add more fiat pairs. The Crypto market is hungry - I mean in desperate need to de-link from the Bitcoin price. Fiat pairs to altcoins would be such a massive boost for Crypto prices and stability. As it stands now ever time Bitcoin goes down the rest of the market tanks. All the projects are independent and longterm the Bitcoin price should not matter to if (X) coin has global use and adoption.

WTF is ATM coin anyway? Never heard of it but has $43 billion valuation...LOL. If someone can explain beyond human emotional exuberance please let me know.

What do you mean by WTF? What I mean is what the font is. You mean that.

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