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Cardano Steps Up

August 10, 2021

Have you ever watched the "did you see the gorilla" video?

Viewers are asked to count how many times basketball players wearing white shirts passed a ball while someone in a gorilla suit walks into the middle of the scene, thumps their chest, and walks off.

Despite looking straight at the gorilla, over half of the people who watch the video completely miss it.

It's a hilarious showcase of how we can often miss what's right in front of our very own eyes. Psychologists call it inattentional blindness, and it's a very real thing.

People are always trying to find a narrative about why the market's behaving as it is. This is arguably more prevalent in crypto, where people base their investment decisions on stories of a new "global currency", or god forbid the arguments of Bitcoin being a "better store of value."

But in occupying ourselves with all these stories, we can often miss what's right in front of us.

Nothing beats simply looking at all 3000 stocks in the Russell 3000 to get a gauge of where the stock market lies, for instance. Of course in crypto, there are only a few hundred meaningful names, which means there's no excuse to not rip through the charts...

So in keeping with this minimalist approach, every week we publish our crypto workbook featuring over 150 cryptocurrency-related assets, which can be downloaded below:

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