You are viewing a single comment's thread from:
RE: Are the Dedicated Cryptocurrency Funds of Today Durable?
Those fund managers want to play safe and make sure not to lose so much money in the table.
Posted using Partiko Android
Those fund managers want to play safe and make sure not to lose so much money in the table.
Posted using Partiko Android
Essentially the point, right? A hedge fund exists to beat stock market index returns. If they don't do that and just allocate 65% to Bitcoin then shut down cuz they lost 80% of their principal, they aren't very good fund managers. I can see a pure crypto fund that doesn't lose money like this but that involves a reliable stablecoin; something we haven't seen yet. But you are also 100% correct, fund managers usually focus on not losing money over making money. That's why they're professionals ;)
Posted using Partiko Android
It is cool to discover new crypto talents of your kind on the Steem blockchain. :)
Thanks @chesatochi. Will need your support to keep us going.
Posted using Partiko iOS