Crypto Tokens: Does Security Selection Matter?

Summary

• One of the more profitable approaches to cryptocurrencies is to invest in the private seed round of a start-up seeking token financing.
• The crypto market hit a rough patch over the last few months.
• Since the average investor cannot participate in every token sale, however, the mean return is not an accurate measure of a token index’s performance.

Chinnapong

Introduction

A falling stock market is not bad for everyone. Sure, many investors lose out as their portfolios decline in value, but those who are just starting to invest or have underweighted equities can benefit from lower valuations, which tend to deliver higher