With the average hedge fund returning more than 1300 percent, private and institutional investors are taking note in 2018. A variety of strategies including short selling, holding long positions, portfolio spreads using different cryptocurrencies and exploiting the differences in prices across exchanges are a few of the tactis used by crypto hedge funds. (More about Jordan Lindsey on Crunchbase: Jordan Lindsey)
One fund that stood out in particular because of its exceptional success, Pantera Capital, reported a 25,000 percent increase in its crypto hedge fund between 2013 and 2017. Last year’s gains were primarily the result of taking long positions, notes investment consulting manager Diana Gibson.
That was certainly the case with Pantera, who attributes their high returns to bitcoin’s exponential price increases in 2017. The number of hedge funds in 2016 peaked at around 110. However, the crypto hedge fund market still remains largely untapped even at over 200 today. While there is a question as to whether the exceptional profits seen in digital currencies in 2017 will play out this year, the experts agree that private investor interest in cryptos will only continue to grow.
CEO of Authorito Capital, Mohit Mamoria shares his findings that the interest and strong desire to invest in digital currencies of private investors is frustrated by the lack of knowledge of where to begin. As the number of new alt coins and ICOs increases literally every day, there is no clear means available for novices to sort through the mass of information and pick out those with good potential from the scams. Setting up an account can be frustrating as well. Customers can find themselves emailing and faxing bank statements, government issued identification cards and then having to wait while the crypto exchange takes days to verify their bank information and identity.
Then there’s funding the account, which brings with it a whole new set of validation and delay issues. Not every exchange supports every cryptocurrency. For instance, a Coinbase account holder who wants to purchase Ripple may find himself having to purchase bitcoin and then transferring those funds to another account and going through that company’s verification. While the available investment opportunities will continue to increase, the convenient way to access them may be through a third-party fund. Find Related Information Here.
Educated at Saint Joseph’s College and Mount Angel Seminary, Founder of JCL Capital Jordan Lindsey shares his insights and investing solutions with the cryptocurrency community.
Realizing that combining his own crypto token with his trading software would be a winning investment combination, Jordan Lindsey demonstrated the proven economic principles underlying supply and demand.
Today, Jordan Lindsey offers his Bitcoin Growth Bot to the trading community. Among his investment accomplishments, the Nucleus Token released in Q3 2017 resulted in a successful crowd sale.