Investors who leave their cryptocurrency in the custody of an exchange are like people who invest in Starbucks even though they don't drink their coffee. They might make good technical money, but their actual understanding of use cases and value propositions is questionable.
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Replying to @NickSzabo4
There was too much dogma in that take, Szabo. I don't like Schultz' politics or coffee but if the fundamentals are good I'm going to buy stock.
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Replying to @SalientQuips
How would you understand their fundamentals if you have not compared their coffee and so don't know their basic value prop(s) vs. their competition?
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Replying to @NickSzabo4
CANSLIM method precludes my subjective opinion of the company's product. Earnings per share New products or services Debt to equity Sector relative performance Broader market trend I can't stand Craig Wright but I'd almost consider buying BCHSV if the setup was right.
1 reply 0 retweets 0 likes
This doesn't give you any edge over other investors who can use the same technique.
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