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1/ # 2.3.1 Fundamentals
You need to see all of crypto as bullshit narrative. Some narrative is better than others. This solid believable stuff is "Fundamentals".
You need to see all of crypto as bullshit narrative. Some narrative is better than others. This solid believable stuff is "Fundamentals".
2/ Unless there is some short/medium term action I rarely ever get involved in projects that are doing something outside of crypto. I.e targeting enterprise business.
3/ You can end up sat around waiting a long time missing out on other opportunities while it says they can't say anything due to "NDA's". You want something that has a narrative for price action now. Not in 6-12M.
4/ As I mentioned previously the most solid of all stuff is "infrastructure". Projects which other projects utilise or build upon. An example of this is a platform like $ETH.
In other tokens you require that one project to be successful price wise.
In other tokens you require that one project to be successful price wise.
5/ When investing in infrastructure it doesn’t matter which projects that run on it are successful, it only matters that projects are choosing to build with it (even though they also happen to be complete junk).
An analogy would be cars and road networks.
An analogy would be cars and road networks.
6/ Investing in a regular project is like investing in a car company competing with other car companies. You need that company to be successful and get sales. In contrast, investing in blockchain platforms is like investing in the road network on which the cars drive.
7/ It doesn't matter which car company is successful, if they're driving on your road you win regardless.
That doesn't mean these are completely safe.
That doesn't mean these are completely safe.
8/ When the alt market implodes in price, so too will these platforms given that the majority of "adoption" on them is apps which themselves have little adoption and are overpriced.
9/ What it does do however is give you some safety through the ebbs and flows of the market while the speculation era of crypto keeps running.
Some people say "When I apply fundamentals I never make money, when I just ape in I do better".
Some people say "When I apply fundamentals I never make money, when I just ape in I do better".
10/ Thats because your understanding of fundamentals isnt correct. It doesnt just mean tech/biz fundamentals. Fundamentals are everything that provides a narrative for price increase, even if its degen BS, and things that also lower the risk.
