Good video by CF Benchmarks "What is Crypto?"...

Good video by CF Benchmarks "What is Crypto?"...

https://vimeo.com/840192125

Bitcoin: Asset Allocation with Crypto Application of Preferences for Positive Skewness (BlackRock)

Bitcoin: Asset Allocation with Crypto Application of Preferences for Positive Skewness (BlackRock)

Bitcoin (BTC) returns exhibit pronounced positive skewness with a third central moment of approximately 150% per year. They are well characterized by a mixture of Normals distribution with one “normal” regime and a small probability of a “bliss” regime where the price appreciation is more than 100 times at the annual horizon. The large right-tail skew induces investors with preferences for positive skewness to add significant BTC holdings to equity-bond portfolios. Even when BTC is forecast to lose half of its value in the normal regime, investors with power utility optimally add 3% allocations to BTC when the probability of the bliss regime is around 1%. Cumulative Prospect Theory investors are even more sensitive to positive skewness and hold BTC allocations of around 3% when the probability of the bliss regime is 0.0006 and the mean of BTC in the normal regime corresponds to a loss of 90%.

Source:

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4042239

Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin

Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin

Now available in these formats:

 

• Digital download (Amazon Kindle eBook)

• Paperback (black and white printed ISBN-13: 9798852862839)
• Hardcover (colour printed ISBN-13: 9798852864031)
• Audiobook (coming soon)
• Limited edition copies (coming soon)
• Special Limited edition signed copies (coming soon)

 

Available to purchase from:

• Amazon
• Apple
• Barnes & Noble
• Books2Read
• Kobo

 

Description:

Discover the intriguing world of Bitcoin, with "Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin". As we traverse an era of economic unpredictability, there's a financial game-changer breaking boundaries - Bitcoin. Despite its transformative power, understanding its intricacies can often feel like decrypting an enigma due to the dispersed and scattered information available.

 

This comprehensive guide is your reliable navigator through the labyrinth of Bitcoin, perfect for eager novices and seasoned investors alike. It unravels the complex layers of cryptocurrency, takes you through the pivotal infrastructure of blockchain, unveils the mechanics of Bitcoin mining, and much more.

 

"Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin" rises above the fray to address over 100 of the most probing questions about Bitcoin, offering both digestible and in-depth responses that cater to beginners and advanced enthusiasts. Your quest for answers ends here, within the groundbreaking chapters of this book.

 

• What is the process of 'Halvening' and why is it significant?
• Could the elusive Satoshi Nakamoto be more than one person?
• What role could Bitcoin play in your investment portfolio?
• How does it intersect with global economics and regulations?
• What challenges could impede its future?

 

This enlightening guide promises to equip you with:

 

• A profound comprehension of Bitcoin's mechanics and the underlying blockchain technology.
• An objective perspective on Bitcoin's legal ramifications, potential rewards, and inherent risks.
• Proficiency in buying, selling, and securely storing Bitcoin.
• An insightful exploration into Bitcoin's influence on the global financial terrain and its prospects for future expansion.

 

Embark on your digital revolution today. Don't allow fear or confusion to cloud your understanding of Bitcoin.

Let "Everything You Want To Know About Bitcoin (But Are Afraid To Ask). Questions and Answers About Bitcoin" be your launchpad into the future of finance.