I've been reading the book "Invested" by Phil Town and Danielle Town and learning quite a bit about their learnings and Danielle Town's investment journey. I've learnt a number of things in this book and one of the most valuable things that I've learnt is the three main share price valuation methods that you can use to determine what share price you should buy with a margin of safety. Another great take away from the book is using story inversion as a method to describe the key points for buying a company and inverting those key points into key points why you shouldn't buy the company. I'm thinking about using this method and sharing my thoughts on this blog for any shares on my wishlist as I think it's a great method to weed out any emotions but also solidify your understanding of the company and the industry the company operates. So be sure follow the blog to be updated with my thoughts and research on different ASX shares.
As we exit the cryptocurrency bear market and start to enter a new bull market I've seen one of my individual holdings profiting by 250% with much more growth projected. And before you guess Bitcoin, it's not Bitcoin. Back in 2018 I started investing in cryptocurrency and I made the mistake of getting caught up in the HODL movement that I forgot to take profit in the 2019 Bull Run. One of the projects that really caught my eye was Digibyte, Digibyte has such a passionate and dedicated community, and they up hold themselves to high standards. The Digibyte coin solves a lot of problems in the current cryptocurrency ecosystem, with a strong focus towards cyber security, and a platform with extremely strong foundations. Since 2018 I have invested a total of $440 across a broad buy range from 1.2 cents to 11.4 cents and the price is only trading at 4.2 cents currently. Pictured a 245% or $1078 profit from Digibyte From my investment of a $440 I'm currently ma