Bitcoin Forum

Economy => Securities => Topic started by: BitCoinzzz on February 09, 2014, 04:58:47 PM



Title: Bitcoin Mutual Fund
Post by: BitCoinzzz on February 09, 2014, 04:58:47 PM
Hello Guys,

Just getting some general feedback. I will post more detailed info later.

If we had a mutual fund that accepted Bitcoins as a funding method how many of you would be interested in this? To clarify this is Bitcoin that will be converted into Fiat, and your profits and withdrawals will be in Fiat.

It's for someone who would like to cashout some of his Bitcoins and get a nice rate of return.

Performance:

Low Risk: around 15% annual return 3% draw downs!
Normal Risk: around 30-40% return 6-7% draw downs!

These number are based on the systems performance since 2009 forward tested. The system does not trade Bitcoins, it Traders the Russell 5000. This is a normal system has nothing to do with crypto.

If this would be something of interest to you please respond and say how much you would probably invest in the fund.

Everything will be legal, all tired of these countless Scams, being a victim myself. I'll update the OP later with more info have to leave now.

Also PM me if you have some financial backing and would be interested in starting the fund and partnering, the costs are about $150-$300K.

Thanks


Title: Re: Bitcoin Mutual Fund
Post by: ThickAsThieves on February 09, 2014, 05:03:11 PM
I have useful feedback. Stop.


Title: Re: Bitcoin Mutual Fund
Post by: BitCoinzzz on February 09, 2014, 05:08:08 PM
I have useful feedback. Stop.

I would stop if this was some child's basement dream, setting up a complex rip off virtual investment.

This is an Algorithm developed by a New York Stock Exchange trader with more than 35yrs+ exp.

In other word's this isn't Tat Investments, exotic complex virtual bonds, that make Chase and Goldman derivatives look like a joke.


Title: Re: Bitcoin Mutual Fund
Post by: cp1 on February 09, 2014, 05:23:43 PM
I'd only invest a little, maybe 200 BTC.  I could do 500 BTC if you had a high risk 80% return.


Title: Re: Bitcoin Mutual Fund
Post by: MikeyVeez on February 11, 2014, 05:09:59 PM
I would probably invest 2-3BTC I know not much haha.