IMPORTANT! How to read this book

PART 1: Things to Know About Coins

01 My Coin Investment Philosophy
02 Coins are truly risky assets.

PART 2: Long-Term Cycling Strategy

03 Incorporate the concept of half-life from the beginning.
04 Timing Your Buys with the Half-Life
05 Altcoins instead of Bitcoin?
06 Artistic Bitcoin Selling Strategy
07 Coins in Asset Allocation Strategy

PART 3 Short-term strategy for a quick win

08 Invest only in rising markets
09 Risk Management
10 Small Coin Effects
11 Dual Momentum Strategy that Simultaneously Tracks Markets and Individual Coins
12 Implementing the Dual Momentum Strategy
13 Short-term profit-taking and quick-selling volatility breakout strategies
14 Bitcoin Seasonality Strategies
15 Summary of Mid- to Long-Term and Short-Term Strategies
Strategies from the 16 Coin paper that I have not personally verified.

PART 4: Theory and Reality of Investment

17 My Real Investments
18 Investment Sentiment

Invest with objective, proven investment recipes, avoiding emotional involvement!
A practical investment strategy that can be applied immediately in real life using half-life!

This book, which contains practical investment strategies, is composed of the author's coin investment philosophy (Part 1), a mid- to long-term strategy for riding the cycle (Part 2), a short-term strategy for taking short-term bets (Part 3), and the theory and reality of investment (Part 4).

Part 1 discusses the existence of objective investment recipes, which clearly state when to buy, sell, and hold investments, based on specific rules. Anyone can mechanically follow these proven investment recipes to eliminate emotional involvement and achieve long-term gains and short-term losses.
In Part 2, we'll explore specific mid- to long-term strategies for investing in Bitcoin based on the halving cycle.
Most coin investment books cover the idea of ​​starting to invest 12 to 18 months before the halving and selling 12 to 18 months after the halving begins.
This is where the book's uniqueness lies. The author presents the following long-term investment strategy:

- When and with what strategy will you buy specifically?
- How much should I buy (in installments)?
- When and with what strategy should I sell?
- What if you had invested in altcoins instead of Bitcoin?

Part 3 covers a medium- to long-term strategy that invests only in rising markets based on moving averages, as well as risk management methods using MDD and Bitcoin volatility.
We also introduce the Dual Momentum Strategy, a short-term strategy that simultaneously tracks the market and individual coins, as well as strategies based on Bitcoin's seasonality, such as specific years, months, days, days of the week, and times of the day. We also cover altcoin investment strategies.
Part 4 presents the author's unvarnished, real-world investment experience, applying the strategies outlined so far. It also explores the investment psychology of those reluctant to follow proven investment recipes and their countermeasures.

18 years of investment experience, including writing 9 investment books
South Korea's quant pioneer, Kang Hwan-guk, is different!!

The author of this book, Kang Hwan-guk, has been investing in stocks and coins for the past 18 years and achieved financial freedom at the young age of 38 in 2021.
He is currently working as a writer, YouTuber, and lecturer, and has written nine investment books.
Author Kang Hwan-guk is a quantitative investment expert.
In the case of quantitative investing, there is a lot of inspiration from academic papers, but the high barrier to entry makes it difficult for the general public to access them. Therefore, we extract only the core of these papers and provide an easy-to-understand explanation.

The author confidently presents concrete, practical, and real-world investment strategies in this book, to the point where he says he can't sleep because he's embarrassed if he can't come up with a concrete investment strategy that anyone can follow.
He doesn't stop there, and honestly reveals the investment results of applying the strategies he explains in this book to real-world situations.
This passage shows the author's confidence in the investment strategies he explains in this book.

Don't try to do something yourself,
Choose a proven investment recipe and follow it!

The investment methods introduced in this book are actually not difficult.
Yet, the reason we continue to fail is because, through evolution, our brains have become optimized to lose money when we invest! Therefore, the more we invest, the more likely we are to fall into a swamp and lose money. If someone consistently wins every time they invest, they are a mutant, not a normal brain.

The reason why normal people cannot make money through investing is because of loss aversion bias and disposition effect bias, which destroy the only truth about investing that "profits are long, losses are short."
So what should we do? First, admit that you're worse at investing than a monkey, a dog, or a chicken! To put it in extreme terms, we believe we're so biased, at least in the investment realm, that we're insignificant beings who shouldn't be making any investment decisions.
Second, choose a proven recipe and follow it! Don't try to do it yourself; just choose a proven recipe and follow it.
How is it, isn't it easy?

Investment opportunities in 2024 are right before your eyes.
Let's hold on tight!

Coins usually start to rise 12-18 months before the halving and reach their peak 12-18 months after the halving.
With the April 2024 halving just around the corner, the Bitcoin price is on a steep upward trend, but as Bitcoin's market capitalization grows, the expected returns from the next halving are decreasing.
Bitcoin, which rose 620-fold before and after the first halving, rose 100-fold before and after the second halving, and only 22-fold before and after the third halving.
The returns before and after the 4th halving are expected to be lower than after the 3rd halving.
Nonetheless, if Bitcoin rises tenfold before and after the halving, investors can expect at least four to five times the return.
What makes this possible is the proven investment method contained in this book.
Among the various investment recipes introduced in this book, choose the one that suits you best and follow it.
Let me emphasize this again.
Just follow along! You'll benefit from Bitcoin's fourth halving.