Journal to portfolio afterlife

[portfolioafterlife]

With the summer of Defi behind us and a new year for web3, I wondered which categories of web3 startups generate the most revenue.

L1s or blockchains, the public databases that record transactions, dominate the revenue share across the top projects producing 78% of revenue.

Setting aside sector, TVL (total value locked), trading volume, twitter followers, and revenue are the four most robust correlates to circulating market cap. TVL is at 0.71, which is strong. Volume and market cap are naturally correlated because bigger outstanding token counts should drive more volume in trading. Price to revenue is last in this analysis.
In other words, social proof in crypto is vital, demonstrated both by people voting with their dollars (TVL) and with their attention (Twitter followers).

The Top Sectors of Web3 in 2022 by Revenue by @ttunguz

With the summer of Defi behind us and a new year for web3, I wondered which categories of web3 startups generate the most revenue. L1s or blockchains, the public databases that record transactions, dominate the revenue share across the top projects producing 78% of revenue. Exchanges place...

tomtunguz.com

 

[portfolioafterlife]

Gli utenti MetaMax, non-custodial crypto wallet per Decentralized Finance (DeFi) della blockchain Ethereum ed altri network compatibili, sono arrivati a 21 milioni, e la crescita è impressionante. Da un articolo di fine agosto 2021 quando arrivarono a 10 milioni ...

MetaMask Surpasses 10 Million MAUs, Making It The World's Leading Non-Custodial Crypto Wallet | Consensys

From 545,080 monthly active users in July 2020 to 10,354,279 in August 2021, MetaMask has grown over 1,800% in just one year.

consensys.net

Possono sembrare cose strane ai boomers, ma mi ricordo quelli della generazione precedente alla mia alle prese col videoregistratore ...

 

[portfolioafterlife]

In questo sito trovate il backtest di diversi portafogli di investimento.

Lazy Portfolios and ETF composition

Follow the best Lazy Portfolios and build them with ETFs. Check yearly returns, asset allocations and choose the portfolio that best fits your needs.

www.lazyportfolioetf.com

 

[portfolioafterlife]

Banche italiane ... avanti o indietro tutta?

Banca Generali offrirà il trading di Bitcoin ai suoi clienti - The Cryptonomist

Per la prima volta in Italia i titolari di conti correnti tradizionali potranno comprare e vendere Bitcoin direttamente sul loro conto bancario

cryptonomist.ch

Unicredit minaccia di chiuderti il conto se investi in crypto

Investire nelle crypto può costarti la chiusura del conto con Unicredit. La banca ha chiarito che è contrario alla sua policy.

www.investireoggi.it

 

[portfolioafterlife]

Il portafoglio è risalito a -0,1% year to now 12/01 9:28, grazie ad un'altra mattinata che si avvia positiva

 

[portfolioafterlife]

Un po' di ottimismo!

Are We Bullish Enough?

I raise a question about our optimism for markets and the future of society.

ofdollarsanddata.com

 

[portfolioafterlife]

L'indice Nasdaq sta riassorbendo degli eccessi da esuberanza irrazionale su alcuni titoli, senza subire una seria penalizzazione sul rendimento.

The Irrelevant Investor

theirrelevantinvestor.com

 

[portfolioafterlife]

La crescita globale, seppure prevista in rallentamento rispetto al 5,5% del 2021, dovrebbe attestarsi al 4,1% quest'anno e poi scendere al 3,2% nel 2023.

World Bank warns global economy faces grim outlook

The bank predicts a "pronounced slowdown", with global economic growth falling to 4.1% this year.

www.bbc.com

Altra previsione... più o meno in linea con la precedente.

Among those Bloomberg surveyed, the consensus is that the world economy will expand 4.4% in 2022, after the 5.8% bounceback of 2021. From 2023 onward, most agree, growth will return to its long-term norm of around 3.5%, as if Covid never happened.

Central Banks, Not Covid, Will Drive Global Economies in 2022

The biggest risk this year is that policymakers call the post-pandemic recovery wrong.

www.bloomberg.com

 

[portfolioafterlife]

Molto male!

Simple performance-chasing behavior explained the major flow patterns observed in the mutual fund market

Performance chasing occurs regardless of whether funds are actively managed or are passive index trackers

What Do Mutual Fund Investors Really Care About?

Are individuals just naïve performance chasers, unaware of the financial literature, or are they sophisticated investors? Pretty much.

alphaarchitect.com

 

[portfolioafterlife]

The evidence suggests that investors are able to benefit from the elimination of brokerage commissions, as their elimination has resulted in lower total trading costs on average. However, you should also be aware that lower trading costs should not lead you to increase trading because the evidence also shows that the more retail investors trade, the worse their performance tends to be. In other words, the average retail trader is “uniformed” and trades on what economists call “noise”. Unfortunately, an all-too-human trait is overconfidence, with most people believing that they are better than average (a mathematical impossibility).

Have zero commissions reduced overall trading costs?

By LARRY SWEDROEIn October 2019, five major U.S. brokerage firms — Charles Schwab, TD Ameritrade, E*TRADE, Ally Invest and Fidelity — eliminated trading commissions for their retail clients. Vanguard followed in January 2020. While touted as a victory for retail investors, concerns have been...

www.evidenceinvestor.com