Any crypto-only hedgefunds available?

[xbcc40]

Hi all,

I thought the best thing for me might be to have a hedge fund to do my crypto investing and trading, since I'm a noob and don't have the time for it.

Are there any hedge funds or similar type of funds that are doing that? My capital would probably be high enough to get accepted.

Looking forward to your replies.

Thank you!

[TheUltraElite]

You are asking about crypto investing and trading - that takes time to work on and to build a portfolio. For that you would need some general knowledge about trading and how markets work and then about the crypto market moving on to buying your first coins.

But hedge fund is something different altogether. I know there has been a lot of buzz around this term, but usually the fiat based funds use bitcoin as a hedge against the market to make sure they remain in green while the fiat market tanks. This is like a general idea.

Whether any such exist for bitcoin or so, not in my idea. I prefer to spend hobby time to learn how a certain asset works first before I invest - I have seen that this method allows you to have a better insight on the asset's future and whether you should buy/sell it with change in price. Giving it to someone to manage it for you, is not my cup of tea.

If your capital is large enough, my suggestion would be to buy bitcoin when it drops below 40k USD. Dont need to spend time researching any altcoin, they all end up the same, so to remain sane and to keep investing with profiting, buy bitcoin and sell it when it rises again. No need to get into all this hedge fund craze.

If you have anymore questions, do reply, I will try to answer.