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Pablo’s Rules and Principles for Crypto Investment

These are my main investment guidelines and principles; read this text to yourself 5 times before investing in any new coin and you will likely do better than the vast majority of other traders. As always, feel free to contact me with any questions.
The List:
  • Think of each new coin as a startup, analyze it as such.
  • Invest in great teams first, great ideas second.
  • Invest in your area of expertise, become an expert, or don’t invest at all.
  • Does this investment generate excess cash that can be later re-invested elsewhere? Always prefer coins that do over coins that do not.
  • NEVER use leverage.
  • Trust your instincts, when you think something is wrong, do not trust your instincts when you think something is great, instead, do research. Missing out is better than losing your shirt.
  • “One good trade, soundly considered, is better than many ill considered ones.” -Keynes
  • Commit to investments in at least five year intervals. Do not be a “day trader”.
  • Stay away from communities where trolling and hatred towards other projects or people is encouraged/promoted, even if the tech is great, it’s not something a great team would do.
  • Beware the roar of the crowd, avoid investing in up trends and selling in low trends. The game is long, and in the end, it’s about beating the market over time, not day to day.
  • You should be able to tell what a coins “special feature” is, from the get go, if you can not, move on. A special feature is that which makes a particular coin different from all other projects. Look for coins that solve current, big problems, such as anonymity, governance, etc. This list will change over time.
  • Do as much research as possible. Delve into coins with potential, move away quickly from those without potential. White Papers, YouTube, ANN Threads, Google, are all great sources of information. Investigate in particular, the team, both technical and promotional, behind any coin with potential. Delve into them as much as possible, from all possible sources.
  • Avoid investing on genesis day, wait for price discovery to stabilize, then make your move. Better to miss out a bit then overpay a lot.
  • Make a folder for each coin you review on your computer, even the bad ones, then put in there everything you have read about it, from White Papers to PDF’s of web pages. Open a note file on the same folder and keep track of your thoughts. They may evolve, you may forget, make a record.
  • Use contractors for any work you can not do yourself, have a coder friend look at a coins code on GitHub, email that math wiz friend of yours and ask him to look at the theory behind your coins new feature. Whether you pay for any of this depends on the quality of the answer you are looking for, and the amount of money you are thinking of investing; it's your call.
  • This is not a game, be diligent, or you will lose your shirt.