I am working in a prestigious hedge fund in Switzerland with over 2 billion assets under management (roughly 5% is in crypto though). This is our asset allocation and the EOY price targets:
>Bitcoin Cash 11'500$ (50%)
>EOS 45$ (20%)
>Ethereum 800$ (8%)
>Enigma 10$ (8%)
>Request Network 2.80$ (5%)
>Aeternity 3-4$ (4%)
>Golem 3$ (3%)
>Modum 5.5$ (2%)
Answering questions.
We bought and did A LOT of research in the last year. I am personally invested since 2015 in BTC, the fund however started to invest in November 2017.
First question what the genesis of this swiss hedge fund menager meme????
When this pajet tire larping started?
Do you think it acually works?
Thank you kind user.
Lmao took a look at that list, you are a terrible larper faggot.
OP here, might have another ID because I am posting this with my phone. For all brainlets, its the swiss ID
Don't believe me I am fine with that. If someone has an actual question, I am willing to answer it.
This is the only proof I can deliver right now
How is a swiss ID proof? Post actual proof or fuck off
Jesus, cash shills are just throwing any old bullshit at the wall.
When will alts decouple or shed their btc pairings?
How do you rationalize having 50% BCH and 0 BTC. It's not a matter of opinion or "worldview", it's risky as fuck.
any reasoning behind your allocations?
>Calls others brainlets
>Doesn't know if wifi on/off means new ID
Hi, this is op posting from my tablet. My real name is pajeet Bogdanoff.
Can you give us the reason why you chose these coins and most importantly, avoided BTC entirely?
It is already decoupling. If you do correlation analysis you will see that the correlation is singificantly decreasing. However, we expect it to never really decouple completely until the general population knows about other currencies than bitcoin.
Ofc it is risky but as I said we did a lot of research and are very confident in our BCH position.We had 25% BTC and 25% BCH until last month but completely switched now.
No smart investor would do this. BTC gives you hardforks like BCash. Holding none means you think the game has been decided, it hasn't. No one would throw away the mother Crypto that keeps birthing more $ for a 1 dimensional copy
What about Ripple?
OP why did your hedge fund not invest in omg?
when the fuckin market decides, not before. ffs is this all you newfags care about, that & MUH manipulation. ffs read a white paper or two, learn something
Op is propably Roger Ver..
Go shill your Btrash elsewhere
Haha no they are completely random. Of course there is a reasoning behind it. We also expect other coins to rally hard this year but those are the projects we are the most confident in due to the analysis and research. At the end of the day its risk/reward. So we have a mixture of risky and less risky projects and also cover different fields.
There were many many discussions about BTC and BCH but we are not satisfied with the current developments in BTC and specifically Lightning Network.
I can create a longer post to list the most important reasons for each coin if you want but it will take a while.
Nice try BCH shill
Please do.
Can you please make us a resume in just a pair of lines of why did you decide to go so hard into Bitcoin Cash? What your research did conclude about it? thnx
Usually its not a good sign if a chain hard forks that often. Also we are in for the longer run and Bitcoin Gold or Diamond will eventually go to zero. If you want to receive more coins for free, buy EOS and just get the airdrops.
salut vo wo besch? ech suech no en gueti stell.. wirt. student
Top Kek Faggot
So as a Hedge Fund - you're into crypto but are completely unhedged against a BTC moon
Go long ROPE and stop fucking with people you greedy little grub
>There were many many discussions about BTC and BCH but we are not satisfied with the current developments in BTC and specifically Lightning Network.
You do realize that when it comes to BTC and BCH, fundamental mean squat? It's all political for these.
>no link
yeah nice larp
The best coins are forked for a reason. People want to copy Bitcoin, Monero and Ether because they are great. If you own BCash, you should buy LTC instead, it's cheaper and fairly similar. I think Charlie Lee is a better leader than the heads at Bcash. Bcash is viable when BTC and ETH are slow and we need to move crypto. But how many other coins do that job better? NEO, NANO, IOTA, etc?
This, this dude is such a shit larper it's uncanny.
This makes 0 sense at all, you are so fucking stupid holy shit.
I work for the biggest fund in the world. The Norwegian pension fund (it's the O I L fund). Its valued at 1000 000 000dollaridoos. We are currently 0% crypto but we are planning on going all in LINK.
We are in talks with Sergey about buying 500 000 000 link coins at 10usd each.
You're hedge fund is next, OP.
Topkek
>Bitcoin Cash 11'500$
So, Actual real and proper Bitcoin will be $115,000 - $150,000?
This is research I can get behind
OP, would be nice to hear your thought on REQ, pref longer term, 2yr+
I think the most important argument was the rate of adoption. Bitcoin just screwed it with the store of value meme. The purpose of it is to be a currency and there is a big market for cheap cross boarder transactions. Also the people backing BCH (Ver, CWR, Jihan etc.) are an important point in our decision. I know they are mostly hated on biz but they have the resources to get BCH to the top. And I dont mean just pumping the price up but develop the chains, fix potential problems, and increase the adoption rate. The original bitcoin team is stopping innovation which is sooo essential at this point. If you stop you get left behind. There are so many new features implemented on BCH.
Surely someone would have asked by now, but what does your fund think about ChainLink? Seeing as there's no allocation for LINK, I guess not too positive?
>here's my Swiss ID
>that proves that I'm a fund manager and not some pathetic NEED who's shilling his bags
Hi do you have any professional advice for an economics major? All I do now is research, trading and building up a network. What can I do besides research to deliver value for the new people I meet in the industry?
I work at an actual hedge fund, unlike OP. And the people working there are basically retards. Crypto is currently in the process of being ramped up for experts, oxford recently started a training course, *however* like with the early days of the internet, the current state is such that people on the frontlines (devs, and people who have been following the space for years and have already dissected concepts like DPoS etc) know more than the '''experts'''. This will change over the next five years as cryptocurrencies are 'domesticated' . but you still see a lot of issues with how experts are reasoning things. I don't work with crypto and I haven't advertised any knowledge of it but internally I am amused by how wrong our analysts can be. A classic example is an over-fixation (consequently underestimation) on the tech, which any Jow Forums-fag will tell you is nothing special, and not enough focus on the game theory behind token economics. The real challenge in emerging cryptos is how to stabilise reward incentives without succumbing to speculation etc. I am summarising of course. Anyway happy to hijack this thread and answer real questions.
For anyone wondering our firm would never even remotely consider risking an investment in anything beyond XRP/BTC/ETH until more is known about the space, that being said we are investigating just about every coin in the top 20. If I had to guess our next move it'd probably be a small position in ADA and EOS as vapourware with potential to deliver and maybe NEM, also XMR depending on how regulation goes going forward. None of these are likely though, I am simply stating what I would guess based on resources being put into research.
They have a fraction of the resources that are behind bitcoin. 1/10th to be exact
Are you in Zug too?
Swissboi here OP
If you're in crypto here we can hit pickwicks for a cheeky stange?
They probably don't even know about it. They probably just look at the top 20 and call it a day
When was the last time only BTC mooned and no other coins? How do you want to hedge in this market with the current correlation? We are shorting the futures in stressful times to hedge but it would make zero sense to "hedge for a BTC moon".
You should read up more about the forks. Ether forked from ETC because of a hack, BCH forked from BTC because the BTC team was not willing to further develop the chain but even sold it to blockstream. Segwit + Lightning is just a way to milk transactions again and generate profit. Its actually just the status quo with a different organisation and technology.
It is possible that Bitcoin is still somewhere on the top but sooner or later it will vanish (and you are deluded if you think its over 50k)
>focus on the game theory behind token economics
Suggestions or areas I should search to learn this
Nice
They are in req and enigma tho, which is about the same tier as LINK in terms of marketcap
>Segwit + Lightning is just a way to milk transactions again and generate profit.
Why does everyone act like on or off chain is the only answer. Blockstream and Cash are fucking this up for us. Both scaling solutions will be implemented over time, and we need both to scale as best as we can. Stop playing the either or card and realize Bcash was a needed for to test out and encourage BTC development. If everyone wasn't such a huge fanboy the truth would be easier to see.
Did your fund also researched and rejected any coin?
OP if you're swiss in crypto, are you CVA? I'll be at the event on the 26th.
If you don't know pickwicks you aren't swiss in crypto, all the boys are there.
Maybe you could answer my question
Bitcoin Cash supporters don't hate second layer solutions. They just hate LN. Most of them think that second layer solutions should be implemented on BCH as well, but not just yet.
LARP LEVEL 0, EURO FAG.
Even if op is larp. Its decent larp. But id he’s not, then some of us should take notes.
Question for op: How does your fund look at that btc has been perhaps taken over by big banks? Wouldnt that make btc a safe investment?
(Please tell me Im right, I told my wife to invest into btw, while I have my stack in eos. :)
What do you think of Verge, Icon, Tron and Vechain?
REQ is one of the more riskier investments. If there is enough adoption it will rally HARD. We like the combination of REQ with the payment system, invoicing, accounting and auditing. However, there is also a high probability that it won't succed and other blockchains are implementing similar concepts themselves.
Thats why we are buying 90% of our research from experts in the field.
You cannot only define resources with cash.
Cant tell you the location here or it would be easy to find the fund.
We know about Link but while is has potential, it is still a very risky investment. The team was one of the negative points for link if I remember correctly.
If he doesn't know pickwicks in Zug, he's never spoken to a Swiss Guy in Crypto and he's larping at 0 effort level.
True if big
Is this the same swiss hedge fund guy who shilled ambrosus or a different one? How many of these guys are there?
Do you like modum over ambrosus? Why if you're swiss.
I'm really curious about this question, answer please.
I used to work above lakestar offices, I'm CVA investment committee, I already know where the funds are I deal with them daily, sound lads.
I want to eat that crab.
This is embarrassing can you just stop
How stupid are you? Obviously a fucking larp
Larp or no there's actual logic behind this larp
>t. nobody with connections to people with connections to the government experts working on crypto regulations, they barely know there are other cryptos than bitcoin
Game theory is one of those brilliant topics that you can research and follow all the proscribed reading, but at a certain point it has to 'click' in your mind, you need to connect the dots internally and suddenly you see it everywhere. I think a good place to start is just any standard textbooks and then online research, but if you don't have sufficient abstract reasoning you might not get why it's so revolutionary. I strongly recommend learning about Mean field game theory and reading some works by Kolmogorov, Kolmorogov complexity is in particular very useful.
Also research 'cybernetics' in its traditional sense: the study of governance and behaviour of codependent systems. Then after that look into stochastic calculus. These will all give you a strong technical background without bogging you down into the actual engineering/compsci which you can let autists basically do for you. Cybernetics is actually the backbone of sociology, economics, and even spycraft. It seeks to ask the question of whether any sufficiently large system of conditional functions can be engineered to behave in a predictable way.
Keep researching, but ultimately it depends on how much dignity you have. See socialising is integral to succeeding in any field in the global marketplace, but this is doubly true for finance. So if you have no dignity you can become one of those horrible sycophantic leeches that cling on to people and exploit them by continuously pestering them into doing favours for you. I have met those kinds of people and they are an absolute drain on me and everyone complains behind their back, but they do get far by basically having no shame. Otherwise just learn a lot and project authority. If theres one thing you can learn from Jow Forums it's that people are desperate to offload decision making to those that 'seem' authoritative. If you want to get your foot in the door make it seem like you have unwavering confidence in your decisions.
Yes we analysed over 200 coins. Some more into detail and some less.
No its obvious that the future is on AND off solutions. But BTC cannot even handle a decent amount of transaction on chain. They want the majority of them off chain.
I know about it but wont be there personally. However, a guy from our fund will be there.
The trust of the population in banks is very very low. Thats one of the reason why crypto is hyped, people can move away from banks. The banks will try to fight it as long as possible (might even succeed) but for us, the take over by banks is a minus.
You should keep your fingers off from Tron and Verge. We dont see any long term potential there. Icon and Vechain are more decent but we still wont invest in them.
I will be back in 5-10 mins
Everything of your portfolio is a shit coin including ETH and EOS.
The real gainers of 2018 are not even in your list.
Not answering which ones (top200 on cmc), but none of them did I see on biz being shilled.
It will be a surprise once it is more apparent, until then I will quietly accumulate more.
Aeternity but no chainlink? How?
>claims to work at for a hedge fund
>doesn't even know where the dollar sign goes
0/10
>Yes we analysed over 200 coins. Some more into detail and some less.
Thanks for answering. Can you summarize up which popular (in Jow Forums terms) coins did you reject and the reasons behind?
P.S. I've already read your post about Link being rejected because of their team
Likewise, I find it kind of amusing how looking at living sea creatures makes me hungry. I can look at a cow and not feel a thing, but if there's a crab walking around my mouth starts watering.
There's something
Familiar
About this user....
Good lad, we have an after party planned with key players, feel up to it? tickets are only 150 ish
lmao holy shit what a bad larp. god damn choose better coins next time and a few people might be stupid enough to believe you.
and they hate Segwit, Bcash supporters have fully turned on BTC, don't act differently
You're "shorting the futures in stressful times to hedge" - with your portfolio the most obvious hedge is longing BTC not shorting it. Or taking a straddle. When BTC moons - alts get crushed. You ask
>When was the last time only BTC mooned and no other coins?
Late Oct to mid Nov 2017 - ALTs got crushed
You're not just an idiot you're a fraud
What my point is that right now crypto is still sufficiently nascent, even if it is the hot topic in fintech, that there is no clear cut way to identify expertise. If you want to find a good engineer you simply start interviewing engineer graduates and weeding through CVs. Crypto is still fringe enough that the people who go to all the dumb seminars at their universities and who network via linkedin etc. don't necessarily know more than some forum dwelling hobbyist on btctalk. That's just the way it is, most firms understand this. Because firms know that everyone fluffs their resume and overestimates their knowledge, with money on the line you need expertise you can rely on, and that is very hard to find in the crypto space. If you're some boomer who's an executive at a hedge fund who sent your first email at 30+ years old you its hard to filter BS in this space, which means you're more risk averse. Especially since everyone is competing so hard for 'crypto experts' and every idiot is now bragging that they know a lot. Meanwhile a lot of the people who actually know a lot have also made a killing since the smart ones have been buying up just about every big coin since 2015 and before.
I'm sorry but there are no executives in suits at big hedge funds putting money into REQ or whatever biz memecoin youre pushing. A few might buy some stupid coin as a PR move but no one is taking these seriously because there isn't a strong chain of command that understands this technology. It isn't as simply as scooping up some millennial ComSci fag and asking whats gonna moon. There are protocols and safety nets that need to be considered. Reputation is more valuable than money and no one wants to be the firm that made a move into some shitty coin that is irrelevant in 5 years, they will never live it down and their competitiors will eviscerate them. The stakes are too high, hedge funds are big on money and low on risk. BTC alone is more than enough risk for 90% of them.
Thanks. Thoughts on Jibrel?
You claim req and link are too risky yet you invest in fucking golem, enigma and even aeternity
Fucking KEK.
If this was real you'll be bankrupt EOY.
P.s you fell for the chainlink 2 man team fud
Static ip faggot
>Yes we analysed over 200 coins. Some more into detail and some less.
You must have seen a few coins that looked good to buy into but couldn't because your roster was already full. What were they?
Low quality larp.
The only things that I would touch there are eth, req and maybe eng.
Bcash is a joke, EOS has near 0 dapp teams developing on it and will disappear, Aeternity is double the vaporware that EOS is, Golem launched and nobody care, Modum is a good company but a shit token.
Don't bother coming back idiot
OP I see a lot of larping around here but yours is one that seems legitimate to me. I forget the name of the author, but this guy wrote a book in the 90's about the future of money on the internet and pretty much predicted the rise of private currencies and if I remember correctly he also predicted their volatile nature (perhaps volatility was an obvious consequence). Anyway, he also talked about being able to create a new way of banking where the individual was "their own bank" so to speak and he argued that this decentralized bank would have important advantages over centralized banks. I believe he mentioned that this idea had been around for a while but was not implemented because it was unfeasible. Now, my question is, what coins have you come across your research that are trying to achieve this?
Second this. JNT recently received a Sro license under Finma in Switzerland, would like to hear your thoughts on this Swiss user
How is this thread sleeping on this dude.
just woke up for work. brain isn't on yet. you should create a thread later.
>I'm sorry but there are no executives in suits at big hedge funds putting money into REQ or whatever biz memecoin youre pushing. A few might buy some stupid coin as a PR move but no one is taking these seriously because there isn't a strong chain of command that understands this technology. It isn't as simply as scooping up some millennial ComSci fag and asking whats gonna moon. There are protocols and safety nets that need to be considered. Reputation is more valuable than money and no one wants to be the firm that made a move into some shitty coin that is irrelevant in 5 years, they will never live it down and their competitiors will eviscerate them. The stakes are too high, hedge funds are big on money and low on risk. BTC alone is more than enough risk for 90% of them.
You fucking get it. Thank you for putting it so pragmatically. When Alts began mooning feb/march 2017 I thought, this is it, BTC is dead, it will slowly bleed out but it didn't.
The Sovereign Individual. Great book, reading it right now. There are a lot of interesting parallels between the state as it exists now (and the drama around cryptocurrencies) and the Late Medieval Church.
Larp or terrible analysis. Bch is a scam, Eos is a meme - those alone show you're a brainlet. And $800 Eth, when it has use NOW at $500 in the bottom of a bear market? Kek, sure.
>There are a lot of interesting parallels between the state as it exists now (and the drama around cryptocurrencies) and the Late Medieval Church.
Could you expand on this? Sounds interesting.
How much % does you hedge fund think it will make EOY?
One of the people I met taught me to always give first and care less about what I want. I am confident about my knowledge about the industry however I have a hard time defending my arguments and I have the feeling I won't be taken serious because I am still young (23). How did you learn how to project authority?
A swiss hedge fund not investing in the global oracle solution that will have mega bank adoption, yeah that's a no from me dawg
It's just a retarded Swiss habit.
In Switzerland we write prices as "9.50 Fr." instead of the correct "CHF 9.50"
Bishär hesch du zemlech schwache Bewiis gliefert, dass du kei Larper besch. Meh infos bitte.
This, not even because of the link part, I actually know some people from their team, Aeternity looks like a weird pick.
>My question to OP
Does your heavy BCH purchase imply that you're expecting mass adoption, or did you do it because of the massive riches that its backers have (aka expecting a fake pump).
Serious lack of WAN desu senpai
>$2b AUM
>prestigious hedge fund
lmfao
I will not larp saying that I have any knowledge in the sector, i do not, but one would think that they should have learned by now to follow what the leading tech firms study and invest in and buy some. If an "edge" fund manager has not the brain to buy eth (fucking everybody) and xlm (IBM) at least, and maybe soon Req (funds are audited, a good % by pwc, I know it's a long shot but let the bagholding me delude a bit) they should go back to pension funds or whatever.