JA Westenberg
@joanwestenberg.eth
In crypto, value investing requires betting directly against the hype cycles and trends. https://paragraph.xyz/@idle/value-investing-in-crypto
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Zuko Capital
@zuko-capital
Interesting piece. 1) How do you accurately calculate intrinsic value when the steady state economics of these assets are essentially unknowable today? 2) A key aspect of MoS is the stability of the earnings stream (i.e. EPV). When all value is predicated on future growth, it’s tough to buy there is a strong MoS.
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