{"product_id":"investing-in-cryptocurrencies-and-digital-assets-isbn-9781394268627","title":"Investing in Cryptocurrencies and Digital Assets","description":"\u003cp\u003e\u003cb\u003eA must-read roadmap to analyzing, valuing, and investing in cryptocurrency and other digital assets\u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eInvesting in Cryptocurrencies and Digital Assets: A Guide to Understanding Technologies, Business Models, Due Diligence, and Valuation,\u003c\/i\u003e alternative investments expert Dr. Keith Black delivers a compelling and straightforward roadmap for analyzing, valuing, and investing in crypto and other digital assets. You'll learn how to buy crypto directly — and how to keep your new digital assets safe from hacks and fraud — and how to invest indirectly, using stocks, futures, options, and exchange-traded funds. \u003c\/p\u003e\u003cp\u003e You'll also discover how to conduct extensive due diligence to reduce technology and compliance risks, as well as how to understand the business models that underlie and power these novel technologies. The book also offers: \u003c\/p\u003e\u003cul\u003e \u003cli\u003eAccessible discussions of and introductions to blockchain and distributed ledger technology, stablecoins, Bitcoin, Ethereum, and other foundational concepts\u003c\/li\u003e \u003cli\u003eWays to differentiate between investing in digital assets for the long term and risky, short-term speculation\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eAn essential new playbook for institutional, professional, and retail investors involved with digital assets and cryptocurrency, \u003ci\u003eInvesting in Cryptocurrencies and Digital Assets\u003c\/i\u003e is the comprehensive and up-to-date guide to the sector that you've been waiting for. \u003c\/p\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart One Defining Cryptocurrencies and Digital Assets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 1 Money, Banking, and Inflation 3\u003c\/p\u003e \u003cp\u003eChapter 2 Centralized Finance (CeFi) and Traditional Finance (TradFi) Markets 15\u003c\/p\u003e \u003cp\u003eChapter 3 Uses of Blockchains and Distributed Ledgers 31\u003c\/p\u003e \u003cp\u003eChapter 4 Bitcoin Mining and Proof-of-Work Protocols 43\u003c\/p\u003e \u003cp\u003eChapter 5 Ethereum Blockchain and Smart Contracts 57\u003c\/p\u003e \u003cp\u003eChapter 6 Proof-of-Stake Protocols and Other Layer 1 Blockchains 71\u003c\/p\u003e \u003cp\u003eChapter 7 Layer 2 Blockchains and Scaling Solutions 85\u003c\/p\u003e \u003cp\u003eChapter 8 Stablecoins, Crypto Yields, and Central Bank Digital Currencies 93\u003c\/p\u003e \u003cp\u003eChapter 9 Oracles and Insurance Tokens 109\u003c\/p\u003e \u003cp\u003eChapter 10 Privacy Tokens 117\u003c\/p\u003e \u003cp\u003eChapter 11 Decentralized Finance (DeFi): Borrowing, Lending, and Decentralized Exchanges 123\u003c\/p\u003e \u003cp\u003eChapter 12 Composability, Stacking DApps, and Bridges 135\u003c\/p\u003e \u003cp\u003eChapter 13 Blockchain Applications Beyond Financial Markets 145\u003c\/p\u003e \u003cp\u003eChapter 14 NFTs, Metaverse, and Web 3.0 155\u003c\/p\u003e \u003cp\u003eChapter 15 Decentralized Autonomous Organizations (DAOs) and Governance 169\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart Two Investing in Cryptocurrencies and Digital Assets\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eChapter 16 Risks, Regulations, and Taxes 179\u003c\/p\u003e \u003cp\u003eChapter 17 Tokenization of Off-Chain Assets 193\u003c\/p\u003e \u003cp\u003eChapter 18 Fundamental Valuation Models 203\u003c\/p\u003e \u003cp\u003eChapter 19 Initial Coin Offerings (ICOs), Security Token Offerings (STOs), and Tokenomics 217\u003c\/p\u003e \u003cp\u003eChapter 20 Trading and Technical Analysis 233\u003c\/p\u003e \u003cp\u003eChapter 21 Investing Directly in Crypto: Wallets, Custody, and Security 251\u003c\/p\u003e \u003cp\u003eChapter 22 Derivative Markets: Futures, Options, and Perpetual Swaps 261\u003c\/p\u003e \u003cp\u003eChapter 23 Building Portfolios of Stocks, Bonds, Crypto Stocks, and ETFs 277\u003c\/p\u003e \u003cp\u003eChapter 24 Investing Through Private Equity and Hedge Funds 289\u003c\/p\u003e \u003cp\u003eChapter 25 Due Diligence and Technology Risks: FTX, Terra Luna, Hacks, and Scams 301\u003c\/p\u003e \u003cp\u003eNotes 315\u003c\/p\u003e \u003cp\u003eAbout the Author 329\u003c\/p\u003e \u003cp\u003eAbout the Companion Website 331\u003c\/p\u003e \u003cp\u003eIndex 333\u003c\/p\u003e  \u003cp\u003e\u003cb\u003eKEITH BLACK, PHD, CFA, CAIA, FDP, CDAA\u003c\/b\u003e is the Managing Director of Education at RIA Channel, where he creates web-based content on cryptocurrencies and alternative investments. He teaches courses on cryptocurrency investments and investment manager due diligence at the University of Massachusetts. \u003c\/p\u003e\u003cp\u003eHe previously served as the Managing Director of Content Strategy at the CAIA Association, where he was a co-author of the second, third, and fourth editions of the Level I and II CAIA curriculum. At Ennis Knupp + Associates, Keith advised foundations, endowments and pension funds on their asset allocation and manager selection strategies in hedge funds, commodities, and managed futures. Prior experience includes commodities derivatives trading, stock options research and Cboe floor trading, and building quantitative stock selection models for mutual funds and hedge funds. Dr. Black has served on the faculty at Illinois Institute of Technology. \u003c\/p\u003e\u003cp\u003eDr. Black has written or contributed to over 30 books and refereed journal articles, including \u003ci\u003eThe Journal of Wealth Management, The Journal of Trading, and The Journal of Alternative Investments\u003c\/i\u003e. Dr. Black earned a BA from Whittier College, an MBA from Carnegie Mellon University, and a PhD from the Illinois Institute of Technology.   \u003c\/p\u003e\u003cp\u003eMost cryptocurrencies and digital assets will be worthless in the long run. Despite this, the sector maintains a great deal of potential, promising to create household names worth trillions of dollars in the next decade. How can investors differentiate between those assets that will decline into obscurity and those few that will succeed? \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eInvesting in Cryptocurrencies and Digital Assets: A Guide to Understanding Technologies, Business Models, Due Diligence, and Valuation\u003c\/i\u003e, expert trader, academic and investing consultant Keith Black delivers an insightful and practical set of tools to understand blockchain and distributed ledger technologies and their business models. In the book, you’ll explore effective valuation models to help evaluate the likelihood of success for various cryptocurrencies and digital assets. \u003c\/p\u003e\u003cp\u003eUsing the power law commonly employed in venture capital—where a few investments dominate the market capitalization of an investment portfolio—the author examines the current state of the digital asset market and considers how it is likely to unfold over the next several years. He offers numerous examples of digital assets in hedge funds and venture capital portfolios, as well as performance analyses of crypto assets held in stock and bond portfolios. \u003c\/p\u003e\u003cp\u003eYou’ll discover how to buy crypto directly, or invest via derivatives, futures, options, and exchange traded funds. You’ll also explore meaningful due diligence techniques and strategies to avoid commonplace technology and compliance risks in the industry. \u003c\/p\u003e\u003cp\u003ePerfect for institutional and retail investors interested in alternative and digital assets, \u003ci\u003eInvesting in Cryptocurrencies and Digital Assets\u003c\/i\u003e is a powerful collection of tools and techniques for navigating an increasingly important market.   \u003c\/p\u003e\u003cp\u003e\u003cb\u003eA POWERFUL TOOLKIT FOR ANALYZING, VALUING, AND INVESTING IN CRYPTO AND OTHER DIGITAL ASSETS \u003c\/b\u003e \u003c\/p\u003e\u003cp\u003eIn \u003ci\u003eInvesting in Cryptocurrencies and Digital Assets: A Guide to Understanding Technologies, Business Models, Due Diligence, and Valuation,\u003c\/i\u003e alternative investments expert Dr. Keith Black delivers a compelling and straightforward roadmap for analyzing, valuing, and investing in crypto and other digital assets. You’ll learn how to buy crypto directly ― and how to keep your new digital assets safe from hacks and fraud ― and how to invest indirectly, using stocks, futures, options, and exchange-traded funds. \u003c\/p\u003e\u003cp\u003eYou’ll also discover how to conduct extensive due diligence to reduce technology and compliance risks, as well as how to understand the business models that underlie and power these novel technologies. The book also offers: \u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e Accessible discussions of and introductions to blockchain and distributed ledger technology, stablecoins, Bitcoin, Ethereum, and other foundational concepts.\u003c\/li\u003e\n\u003cli\u003e Ways to differentiate between investing in digital assets for the long term and risky, short-term speculation.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003eAn essential new playbook for institutional, professional, and retail investors involved with digital assets and cryptocurrency, \u003ci\u003eInvesting in Cryptocurrencies and Digital Assets\u003c\/i\u003e is the comprehensive and up-to-date guide to the sector that you’ve been waiting for.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989473575141,"sku":"NP9781394268627","price":75.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781394268627.jpg?v=1761784243","url":"https:\/\/k12savings.com\/es\/products\/investing-in-cryptocurrencies-and-digital-assets-isbn-9781394268627","provider":"K12savings","version":"1.0","type":"link"}