Success in investing comes not from being right but from being wrong less often than everyone else.
—Aswath Damodaran
Before measuring the value of a cryptoasset, the diligent investor should ask critical questions to identify whether the asset has value in the first place. While the next chapter dives into valuation methods, this chapter covers preliminary questions to filter out candidates for these valuations.
What Problem Is the Asset Solving?
A cryptoasset must address a real, unmet need in the market.
For example, ...
