Cryptocurrency has experienced an unprecedented boom in the fall of last year. As Bitcoin and Ethereum skyrocketed in price, many traders began contributing to the assets of rapidly spreading crypto hedge funds. Contributors' interests in funds that offer blockchain- and crypto-based solutions are growing since they open various attractive possibilities.
Crypto hedge funds were among the first to appear in the space and quickly became popular as it became clear that they meant business. The luckiest one - Pantera Capital, an investment firm and hedge fund, which was founded in 2013 - returned roughly 25,000% life to date as of last December. Its Bitcoin Fund is down by more than 50% this year but has still returned more than 10,000% life to the middle of April. There is another fact that acts as confirmation that it’s not a single phenomenon: according to Autonomous NEXT data, there were 226 crypto funds as of February 2018 - a number that seems likely to keep growing.
Crypto hedge funds differ from conventional hedge funds in their high volatility, absence of strict rules, and currency decentralization. A crypto hedge fund is an alternative contribution that uses ordinary funds involving several strategies to achieving high financial growth of cryptocurrency. A crypto hedge fund can manage portfolios of only cryptocurrencies, or integrate crypto assets to traditional contributory instruments.
The advantages of a crypto hedge fund are its high volatility and ability to discover high-potential markets at an early stage. High volatility can represent both the benefit and the downside, depending on where the market is heading. Many experts see great potential in the volatile crypto market as most coins are based on this new technology that intrigues large companies. The more technology enters our lives, the more likely these cryptocurrencies are to go up in price.
Disadvantages of crypto hedge funds are – again - high volatility, low liquidity, the possibility of using “pump and dump schemes”, vulnerability to hacker attacks, and the lack of reliable trading facilities.
Crypto hedge funds are not currently regulated anywhere. Therefore, many fraudulent organizations enter the industry. Oftentimes, ordinary contributors are afraid to participate in crypto hedge funds because they know too little about them. Modern technology can help learn more and stimulate them to participate.
A number of experts in the fields of finance, investment banking, law, and technology industry developed SPINDLE, a project that aims to provide a comprehensive environment to enable everyone, regardless of background and experience, to get involved in proactive investment independently. According to Mr. Hirai, one of the project founders, "with hedge funds, it is hard for general consumers to distinguish good products from bad ones." Therefore, SPINDLE’s task is to educate people lacking the experience that investment and asset management are enjoyable ways to enrich their life and mind through SPINDLE's service platform ZETA.
This investment match-making platform with unalterable, highly transparent information based on blockchain and smart contract technologies will allow to keep records of operators' plans, history, and performance with cryptocurrency using blockchain technology, so customers can judge investment options based on information that cannot be falsified. Customers can make direct contributions so that no third party can intervene in the process. Such contributions will be instantly recorded on blockchain using the smart contract technology, so that the relationship between contributors and asset managers is based on equal terms, without the need for conventional banks or security companies to act as intermediaries.
Crypto hedge funds have the ability to attract contributors that normally hesitate to get involved in cryptocurrency investment. It is a brave new world and a new field of activity. These are instruments that can help wipe out one’s anxiety towards financial contributions and wealth management. With SPINDLE, abundant resources will allow the individual to get rid of their worries and provide an environment where people can make their own financial decisions, whenever they like, wherever they like, pursuing their personal idea of financial independence.
Spindle ICO dates: May 9 - 15, 2018.
Supply for sale is 4 billion SPD. Price per token will be 0.00033 ETH during the sale.
May 9 – 30% Bonus
May 10 – 25% Bonus
May 11 – 20% Bonus
May 12 – 15% Bonus
May 13 – 10% Bonus
May 14 – 5% Bonus
May 15 – No Bonus
Ethereum (ETH) and Bitcoin Cash (BCH) will be accepted. Bitcoin (BCT) will not be accepted. Mainland China, Japan, and the United States are excluded from the crowdsale.
For more information on SPINDLE, please visit
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