From the Inside Flap
Bitcoin and other crypto assets for years have ebbed and flowed in news cycles but particularly of late have caught worldwide attention. While many investors continue to disregard them, those who are paying close attention--and who are not intimidated by the complexity and novelty of cryptocurrency markets--are poised to profit by getting in early and investing for the long term of what may be the greatest wealth generating event of our time. Crypto Asset Investing in the Age of Autonomy is an indispensable handbook showing new and experienced investors how established financial strategies like valuation and asset allocation apply to these new markets. Equipped with this knowledge, any investor can prosper, taking advantage of one of the biggest financial paradigm shifts of our time.
A new long-wave economic cycle, the Age of Autonomy, is here--we've seen evidence that this new cycle has already begun. Technological revolutions come by way of a cluster of new innovations. About a decade ago, you started to see artificial intelligence, robotics, and the Internet of Things (sensors) delivering on automation. That's been powerful, but not transformational. It does not force businesses to fundamentally change how they do business. The last piece of the puzzle was cryptocurrency because it allows us to process and transfer economic value without human intervention. Soon, there will be a global race to build autonomous operations. Businesses and organizations without autonomous operations simply will not be able to compete with those that do because . . . autonomy is the ultimate competitive advantage.
This book is an excellent place to start for any investor who hopes to explore crypto investing. In order to succeed, crypto asset investors must understand how to manage risk, implement systems, and wisely choose assets that are truly the underpinning of this revolution. This book explains the why behind bitcoin and other crypto asset investing, showing that crypto assets are foundational to investment portfolios given today's economic outlook.
A new decentralized digital economy is being built where sound money is required but not sufficient. New forms of capital and capital systems are being built for a new future. In three concise parts, author Jake Ryan--Chief Investment Officer at Tradecraft Capital--lays out what investors need to know about the technological innovation of today and why it is opening up a new long-term economic cycle. When investors understand these concepts, the crypto investment proposition becomes a no-brainer. Crypto Asset Investing in the Age of Autonomy concludes with the concrete investment strategies that will boost portfolios of any size. New and experienced crypto investors alike will benefit from this clear-cut approach to generating exceptional returns in this new asset class.
JAKE RYAN is the Chief Investment Officer at Tradecraft Capital, a crypto asset hedge fund. He holds a degree in computer science with a specialty in artificial intelligence from the University of Texas at Austin, and has his early work cited with over 700 Google Scholar citations. He went on to become a software entrepreneur and investor in traditional markets, building a multi-million-dollar software services firm and continuing as a successful angel investor before focusing on the crypto asset investment.
