Bitcoin Forum

The tsunami isn t just in crypto!

This hedge fund manager lost all of his clients money!

https://www.reddit.com/r/videos/comments/9ys7e3/this_hedge_fund_manager_just_lost_all_of_his

Pls let's watch it and share our thoughts below on the markets!

We will overcome it soon and regarding to the BLOODBATH it's something that's has been happening year to year hold your stand and don't trade if you ain't good in the bear market.

3:46 into it and I had to stop watching.  That's a ridiculous apology if it's genuine, but I don't exactly expect him to be wearing rags while making it.  But the French cuff links and Rolex (I guess; I'm not a watch aficionado) and nicely tailored suit all mean he's probably still living high on the hog off of investors' money.

Is that video even real?  Seems like something trolly. 

I heard about some crypto hedge fund managers losing tons of money for their clients, and that doesn't surprise me.  Unlike with mutual funds, it takes far less in the way of financial reporting in order to refer to your organization as a "hedge fund".  Seems to me that a lot of these people should never have tried to manage other people's money.  Crazy.

"Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. Rothschild made a fortune buying in the panic that followed the Battle of Waterloo against Napoleon."

Good luck

I've never really understood the point of hedge funds. Their essence is supposedly mitigating market risk. They engage in this by taking bleedin' insane risks with customer money. The best hedge fund of all is your boring old savings account.

As for us lot, as long as you haven't starved yourself to get to this point there's a good chance you'll be OK if you stay put long enough. As long as you're not in utter shitcoins. There are now thousands that will die.

Hedge funds managers who simply use investors money to live the grand expensive lifestyle. I'd rather manage my investments myself and know the amount of risk I should expose my money to. These guys just take insane risks all the time and investors end being on the receiving end

This guy is incredible, and i think that he has always been one of the most smartest guys that has ever existed on this world.

But take in consideration that crypto is VERY different than what he used to invest into.

Crypto is more speculative than any other shit.. it is like thinking that a paper can have a value of $1000 in two years.

Very well said and I don't know why people do always tried out to compared conventional/traditional markets to crypto and with
just basing on the volatility alone we can already differentiate these two things. Speculative on its finest actually where it can shoot up
or go down to hell anytime.

Speculative yet it makes a change in the market though volatility is a very hard enemy of any cryptocurrency. People are just trying to make a change in the timeline by doing something that the market won't even expect to happen and yet here we are expecting some kind of a news that will change this bearish market.

People get what they pay for. If you hand over a fortune to someone who supposedly knows what he's doing, you can bet your left sock that he'll mess up eventually, especially when it concerns speculative asset classes. They don't know more than you and me, yet gamble with money (because its not theirs to begin with) in an attempt to nurse their greed.

As quick as most of the crypto related funds popped up, they will disappear with their tails between their legs. Genius on the way up, loser on the way down.

this is a big defeat for investors and hedge funds. for me crypto was created to minimize the relevance of other parties in investment and this allows you to make your own updates on the market without the need for a central bank, hedge fund or anything else. crypto is simpler and benefits only for you without being shared with others. do an analysis and observe further market trends for your investment decisions for the long term

Really fun to watch how it's so sound scammy at all. But yes alot of swings in different markets that's unprecedented in over the years. Different time really in the world now. This one seems not a surprise at all but more surprising is the apology stint.

Hello! I can say that now in all markets is not the best situation. No need to panic, it's just a period that you need to wait. Good luck!

2018, remain the most bloody years in recent time.  I think the stocks market is the most hit.  People are losing seriously for some months now in both stocks and commodities market and not Cryptocoins market alone.  I believe that now should be the best time for one to buy and in years to come makes good profits from the market.  If you can not buying now that cryptocurrencies is cheap and stocks market are getting dumped you maybe kick out in the equation of things in future.
We still have some reliable hedge funds manager and that is why some are still in business.  However many of them become rich by using the fund of investors to buy property for themselves.

Of course, I see a lot of investments that had gone to zero and not just in crypto but in the whole world of investing. Hope that crypto would recover tho.

The only way is to provide support for crypto usage. This is what can change the trend of crypto price movements.
Basically, crypto is indeed very simple and the difference is how the demand factor for crypto is.
The higher the demand factor, the more the coin price will increase.
And vice versa, when crypto starts to be abandoned, the price will tend to decline. So improve and we will get the benefits.

It's just a news to keep investors from paying attention to the manipulation of organizations. I was too familiar with such tricks. This is a pumping and dumping market. The altcoins have no value at all. So we should only speculate, do not expect too much on its strong development. it will not happen.

Secure your assets some investors throw away their crypto assets and secure large amounts of fiat. but I'm sure they will come back and find the lowest point to prepare for a bigger purchase.

There is virtually blood everywhere now. It been weeks of severe bear times in the Crypto world. A lot of people selling off will tend to cause more bloodbath on the market. We all have our individual option to consider. Either you hold through this blood or you sell off.

This is a strategy and we must be able to make the best decisions. continue to follow the situation and read how the situation moves. We all need to be able to take advantage of all the momentum that exists. When prices decrease then this is an opportunity to buy and when prices increase, it is an opportunity to sell.

I'm sure there are more than a few people who have literally thrown away their crypto and couldn't even be bothered to attempt to sell it. They just deleted it or have locked themselves out of it.

There will be quite a few corpses that'll come roaring back to life eventually and we've no idea what they'll be. Never say never is a fine phrase to keep at the forefront of one's mind in times like this.

actually even if the market situation cannot support anyone who invests in crypto it will experience a loss, and that also depends on how strong they are HOLD the asset, if the recovery then rises again, of course he will profit. Therefore we must be smart to use opportunities and must take steps when entering the market

now blood loss is everywhere, at this time I also suffered a lot of losses, everyone definitely suffered a loss, looking for profits is very difficult now, the most important thing is to keep trying

Exactly ,and if you like the way that they manage their funds, you can just copy them like anyone else. There is no restriction for that. In fact, i think that it is much more better to manage it by yourself to avoid ridiculous risks that can be dangerous for your money.

The original intent of hedge funds was indeed to hedge risk. The first hedge fund (launched in 1949) was centered around short selling to minimize the risk in holding long term stock positions.

Today, if you Google "hedge fund" this is the definition:


And that's how a once accurate term gets ruined.....

Keep trying and be patient.
We will never get worried of what happen today cause it is somewhat to filter the true believers in crypto. Our market crying badly but I've never loss my hope and I'm still positive that this bearish season will end up soon and makes everyone to smile again.

if these conditions continue, investors actually wait for the lowest price and they will start investing again when they are sure that the price has reached the base price.

Well if you really believe in this market you've gotten yourself into, you won't lose faith in this market. We've started at a very low point anyways and we've been in the same situation several times before already. In this kind of industry you have to look at the bigger picture most of the time.

Or, you can be pretty successful in gambling style. Use short-term trades to earn as much as you can. Or even participate in different promo actions. Because of the Bear markets usually, Currencies try to attract attention and stimulate trading with their coins.

Investors like big whales do wait for this type of opportunity where the market falls so that they can buy in bulk and make quick or short term profits during this time. Even if they get 500$ per btc they buy in huge qty so their total profit is very big which is helps them to earn big profits. Also if bull run happens it is lottery for them as they can make couple of thousands easily on per btc.

As for promotions from the Currencies, not so long ago I noticed the interesting banner on CCN. It led to the Coinsuper announcement about the trading contest (https://www.coinsuper.com/cms/noticeContent/article?articleSeqNo=1618360311120056323&title=Announcements) with the prizes. I know for the 100%, that telegram crowded with the fake contests and etc. But about this one? If it has the official announcement on the exchange, could I believe in it?

I think the next way, even If I cannot win the main prize, I can earn a few X's.

This is why i don't like trust funds at all even most of it are successfully manage and known by most of the investor but it does not affect my view of hedge funds. Even hedge funds malfunction rather the leadership of the manager it will really destroy the funds because money shines. Once the manager screwed up, the funds is on critical condition especially when it comes to financial problem.

We cannot blame only whales for such a blood bath in crypto markets. But I agree that whales trigger and then all of us are following them. Why not we just learn from these whales, I mean why not we also make use of this downfall by buying for making some big profits. Not just whales, we are also able to control this market in some levels if we unite ourselves.

Continuously buying will help anyone to average their buying price levels as no one will be able to buy at exact lower price levels. I have seen many veteran people here are suggesting always to keep buying whenever we do find considerably lower price levels. I must say this also one of the biggest buying opportunity for all of us. We must keep buying at every blood bath so that we can technically beat those whales.

By considering few technical analysis, I am confident about bottom has already arrived for the time being hence we no need to worry more but we must take action for making use of these wonderful buying opportunity to ensure some big profits in coming months.

Let's gonna wait till next year maybe the prices of crypto coins will going well, Maybe this year is the unlucky for those who bought bitcoins and hold they loss for huge fund.

Their are still good hedge fund manager who's profession is squarely base of managing investors fund with utmost care. Some hedge fund managers are just greedy individuals who are just after the money from investors while some invest their investors money on real estate, also, some disappear with investors money into thin air.

You can say that again, it is getting scary. But the thing is that it is not only crypto that is experiencing bad times, several other sector of the economy is experiencing same thing.

Exactly! And when that time comes, there will be a fresh line of business springing up - The Private Key and Passphrase Recovery dudes with users seeking to get hold of wallets they had disposed earlier.

This is how bear markets work pretty much. There is relentless selling and panic. Every day everyone keeps thinking "this is the low" and the following day it ends up going lower.

Eventually it reaches the point where 90% of people sold at a huge loss and took money out of the market. The other 5% bought in and are sitting at losses since the market kept going down and are scared to add to their losses and the other 5% is basically buying while others are panicking.

Take the stock market for example, look how much money you could of made just buying a blue chip stock like AAPL back in 2008 recession.

This is with the stock splits already in effect. It peaked at $29 in 2007 and during the recession it hit a low of $11. Then less than a year later it broke that ATH and you could of net 300% profit with a company like AAPL which is a no-brainer to succeed.

AMZN was pretty much similiar, it went from like $100 to $33 and then broke $100 less than a year later.

Now everybody is thinking, why didn't I buy it? Because in hindsight it seems like a good idea however during the bear-markets we are seeing it clouds our judgement and we stay out incase of taking a small position with low risk.

We are currently experiencing dip where blood is everywhere in the market. We can't do anything about it but to hold, wait and buy more if we really want to earn a good profit in the future. It is still important to have more patience during this time.

yes, blood is everywhere and it makes me very frustrated, how long will it take for me to wait, I think I'm starting to get impatient and be pessimistic about crypto currencies

What a ridiculous thing, how can a large agency that has been trusted to lose money just like that, in my opinion, could only be a lure so that the crypto price gets weaker. Later after they get what they want, with many reasons news like this will be rejected and labeled HOAX

It make ways to find good thing about crypto, many are failed because they never wanted to understand it. Many ICO get failed also as they failed to get the trust of the people around. Its getting troubled for us now and to think if crypto will survive from these.

Speaking of many ICO's failed I guess that also contributes the market become red, many investors quit because of that scenario.
In this situation let's help weak people not to do panic selling because we could not blame those whales playing the market right this moment because they keep doing that to have a huge profit and the greediness they have. So, let's help each other HOLD as much as we can don't make the whales laugh because of selling your crypto asset.

At this point? I don't think weak hands are panicking. These weak people have been shrugged off the market already. It's people who think the bottom is still far that are selling, probably to be able to get in again and get a little profit if a reversal comes.

I saw the waves come when I saw a shark killed himself. It seems the war of sharks has started and intensified. Depression is a disease that does not ignore anyone if they still have feelings. The market has gradually broken down all the trust of the professional trader!

Yes everything is bloody now l can even have a profit now for the small timers like me the flow is not good now but to the whalers and traders even in this blood time they can earn as traders.

If you are smart enough to actually work as a fund manager to someone else money why would you not think of making your positions safer, you would have to be strategic like you'd only engage in a sure win-win trend. Track record would show. But does anyone ever think the guy is just faking it all?

Gosh, the doomsday is not going to come soon. The market does not look so bloody as some people see it. Yes, many altcoins lost much, but soon, they will stop falling and start climbing up.

In my opinion the bearish market already ended and currently the market still sideaway , after sideaway for afew month bullish market will start again. Because according to history price of crypto, this is just market cycle that already happening a few times. Learn from the losses and mistake is best to do now to recover loss and to make profit later.

the current situation is very sad, I really hate this situation I have lost a lot of capital because I have bought a lot of altcoins which I think are very potential, but with this situation I have to wait again with uncertain time to be able to return all my capital.

Don't worry. You're not alone. In 2018, A lot of us (Not just you alone) saw pur portfolios and holdings take a deep dive. It was very rough mehn. To think I was a big time believer of the Hodling community. Nonetheless, The market doesn't go up all the time. At a point, It'll start going down. The same goes for bear markets. I believe the good ol green days will be back sooner rather than later.

Well, I prefer to be optimist and I hope for a recover.

Hope soon the market will go back to normal again but, Now we are moving up and see those coins pumping up they always say because of bull run the market goes to red ping again.

look at the current price:

1 BTC =  $3580

Ask the following question, where do you see a lot of demand so that prices increase a lot?

BAKKT? ETF? all this still depends on approval, and it's not things that will be approved so soon


Year 2017 had little pressure from governments and banks = more freedom and ease of buying crypto and the price to climb easily

After the year 2017 governments and banks are campaigning against bitcoin, it is hard to buy bitcoin = the price falls. take India and China as an example of government and bank pressure

Honestly it sucks to see how reddit delete such post. it is quite disappointing and shucking on the effect of what happened lat year November 16. 40% of traders and crypto enthusiasts lost their confidence. a huge number of fans Loose their Money. it is quite terrible and i doubt if we can recover very fast from that with the situation on ground. from 6k to 3.5k.

This situation can bring even the most devoted cryptocurrencies lover to a depression. I guess you need to have a small break, and only after it, you will be able to weigh all pros and cons of your activity.

The stock market has also caused many traders to lose money and this is normal. The man in the video said he had lost over $ 410k in 3 days and that was the result of a trader at the bad days of the financial market.
We should feel lucky that we have not lost much. We should be more diligent instead of whining.