Those fund managers want to play safe and make sure not to lose so much money in the table.
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Those fund managers want to play safe and make sure not to lose so much money in the table.
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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 ;)
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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.
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