More Hedge Funds are starting to Discover Bitcoin and are Very Optimistic in the future of cryptocurrencies.

A hedge fund is an investment fund that pools capital from accredited individuals or institutional investors and invests in a variety of assets, often with complex portfolio-construction and risk-management techniques.

^[1] It is administered by a professional investment management firm, and often structured as a limited partnership, limited liability company, or similar vehicle.^[2][3] Hedge funds are generally distinct from mutual funds, as their use of leverage is not capped by regulators, and distinct fromprivate equity funds, as the majority of hedge funds invest in relatively liquid assets.

^[4][5]The term "hedge fund" originated from the paired long and short positions that the first of these funds used to hedge market risk. Over time, the types and nature of the hedging concepts expanded, as did the different types of investment vehicles. Today, hedge funds engage in a diverse range of markets and strategies and employ a wide variety of financial instruments and risk management techniques.

^[3]Hedge funds are made available only to certain sophisticated or accredited investors and cannot be offered or sold to the general public.^[1] As such, they generally avoid direct regulatory oversight, bypass licensing requirements applicable to investment companies, and operate with greater flexibility than mutual funds and other investment funds.^[6] However, following the financial crisis of 2007–2008, regulations were passed in the United States and Europe with intentions to increase government oversight of hedge funds and eliminate certain regulatory gaps.

^[7] Hedge funds have existed for many decades and have become increasingly popular. They have now grown to be a substantial fraction of asset management,^[8] with assets now totaling around $3 trillion.^[9]

A rapidly growing number of multi-billion dollar hedge funds are beginning to discover bitcoin and the cryptocurrency market.

Earlier this week, Patrick O'Shaughnessy, the manager of $6 billion quant asset management firm O'Shaughnessy Asset Management, revealed in an interview with Business Insider that he was recently introduced to bitcoin and cryptocurrencies by Matthew Goetz, a former vice president at Goldman Sachs.

Goetz shared his plans to operate BlockTower Capital, a hedge fund focused on the cryptocurrency market, with Ari Paul, the former portfolio manager for the University of Chicago endowment, and attempted to explain the advantages of bitcoin as a decentralized and peer-to-peer financial network.

Upon first encountering bitcoin and the cryptocurrency market, O’Shaughnessy admitted he had no fundamental understanding of the structure of cryptocurrencies and their technical intricacies. He said in an interview:

"He told me he bought a bunch of cryptocurrencies: ether, bitcoin, and litecoin. And I was like, 'What the hell is a cryptocurrency?'"

Since then, O’Shaughnessy has studied bitcoin and the cryptocurrency market. In a meeting, Paul shared his experience in the cryptocurrency market as a trader and an investor. As the conversation went by, O’Shaughnessy continued to become astounded by cryptocurrencies and decentralized financial platforms they offer as an alternative to the global banking system.

To assist newcomers in the cryptocurrency sector including O’Shaughnessy, Paul, Goetz, and the rest of BlockTower Capital team alongside Naval Ravikant, the CEO of AngelList, Peter Jubber of Fidelity, and Olaf Carlson-Wee, the first employee of Coinbase, produced an audio documentary on the rise of cryptocurrencies and blockchain technology entitled “Hash Power.”

According to a new study conducted by LendEDU, the majority of people in regions like the US that have well-established cryptocurrency exchange markets and industries have heard of bitcoin. The LendEDU research revealed that 78.6 percent of Americans have already heard of bitcoin and cryptocurrencies.

The mainstream adoption of bitcoin is growing at a steady rate. Although its market cap is still at $68 billion, it is attracting the interests of large-scale investors, traders, and most importantly, institutional investors such as multi-billion dollar hedge funds. Regulated exchanges in matured markets such as the US, Japan, and South Korea are increasingly focused on providing trading platforms that can address the liquidity issue and demand from institutional investors. Gemini, a US exchange, already partnered with Chicago Board Options Exchange, the largest options exchange in the US, to serve institutional and retail traders.

Tyler Winklevoss, the Chief Executive Officer of Gemini, explained:

"Gemini's key concerns in the cryptocurrency ecosystem have always been security, compliance, and regulatory oversight. By working with the team at CBOE, we are helping to make bitcoin and other cryptocurrencies increasingly accessible to both retail and institutional investors."

References:

Wikipedia: https://en.wikipedia.org/wiki/Hedge_fund

Joseph Young  from Bitconnect:  https://bitconnect.co/bitcoin-news/747/multi-billion-dollar-hedge-funds-are-discovering-bitcoin-and-are-very-optimistic/

===============================================================================

MY MOST RECOMMENDED INVESTMENT  PLATFORMS;

1) Forsage is 1st Decentralized Blockchain built in Smart Ethereum Contract and has been in Online Crypto Space about 124 days since inception last 6 Feb. 2020 up to this Writing (11 June 2020) has produced outstanding results below; (But Note in the Philippines only 65 Days  from 6 April to 11 June 2020 we reached 20,000 Members).

224,685 PARTICIPANTS GLOBALLY

+5,551 JOINED EVERY 24 HOURS

154,897 EARNED ETHEREUM TOKENS

$37.66 M USD PAID-OUT

Forsage is Decentralized Global Paluwagan designed in Smart Ethereum Contract. In Decentralized Application System or Dapps there is no CEO, No Admin, No Third Party and No Human being involvement to scam our Ethereum token capital. Once the program is deployed in Smart Ethereum Contract in Gethub you can't get back the system or alter it but you can add the script to improve and innovate. Likewise, once you joined Forsage, your Ethereum capital will place in X3 and X4 Matrix or Cycle Program and once the cycle is completed you'll earn double of you capital in X3 Matrix/Cycle and triple of your capital in X4 Matrix/Cycle. Total 5X of your Capital in the form of Ethereum Tokens.

WHAT I LIKE MOST IN FORSAGE YOU FUND ONLY ONCE YOUR SLOT NUMBER AND YOU CAN EARN LIFETIME PROFITS EVERY TIME YOUR SLOT IS CYCLED FOR X3 AND X4 CYLCES. SO THIS IS UNLIMITED INCOME WITH ONE TIME FUNDING AND THIS IS POWERFUL COMPENSATION SYSTEM THAT NO BODY DESIGN EXCEPT LADO OKHOTNIKOB (RUSSIAN PROGRAMMER) WHO BELIEVED THAT HE IS A RELATIVE OF VITALIK BUTERIN IN MOTHER SIDE (RUSSIAN PROGRAMMER ALSO WHO FOUNDED AND DEVELOPED ETHEREUM TOKEN (RANK 2 OUT OF 5,500 CRYPTOCURRENCIES IN COIMARKETCAP NEXT TO BITCOIN)

Don't passed up this opportunity and take massive action NOW!

You can start your initial capital to finance Slot #1 to Slot #3.

Slot #1: 0.025 Eth

Slot #2: 0.05 Eth

Slot #3: 0.10 Eth

Total = 0.175 Eth for X3 Matrix/Cycle

Slot #1: 0.025 Eth

Slot #2: 0.05 Eth

Slot #3: 0.10 Eth

Total = 0.175 Eth for X4 Matrix/Cycle

Total Initial capital: 0.175 Eth x 2 = 0.35 Eth x $237= $93 + $15 Gas fee + $15 Blockchain fee= $120 or P6,000

How To Register in Forsage?

1) Using Android Phone. Download MyTrust Wallet who owned by Binance from google playstore watch this video presented by my upline. https://www.facebook.com/watch/?v=1125965491092002. After registered in your Trust wallet you must deposit minimum of 0.065 ETH before clicking my link: https://forsage.io/i/gq1pxa/ Use my ID #75780 as your sponsor to confirm during your registration process..

2) Using Loptop or Desktop: Download Meta Mask: https://metamask.io/download.html and add to your google add extension. After adding to google extension click there and create your my ether wallet address account #1 up to infinity myether wallet accounts if you wish to register your wife, children and friends who have no loptop or desktop you can use account 2, 3, 4 etc.. this you can create more ether wallet and don't forget to always save the private key for each account and after funding of 0.065 Eth you can now register here in my link.https://forsage.io/i/gq1pxa/ Use my ID No. 75780 as your sponsor.

Forsage 5 Min.Video Presentation: http://tiny.cc/forsage5mvideo

Founder and Developer of Forsage Q and A: https://youtu.be/W9-pJEGE7uk

Founder and Developer Lado Okhotnikob:

https://www.facebook.com/lado.okhotnikov

Join with us at Forsage International Eagles' Team: https://www.facebook.com/groups/257364015593059/

2) XOXO NETWORK:

Is the #2 100% Decentralized Ethereum Blockchain designed in Smart Contract. XOXO is a single straight matrix where you can refer only one people and you are done.

There are 7 Pools to join and fund each pool

using ethereum token;

Those you refer will also refer one and you are done. RefLink: https://xoxonetwork.io/register?id=11958

Note: What i'd like most in Xoxo Network if you refer two friends only your 100% capital will be returned to you and you keep earnings every cycle with one time funding only.

3) 3XCapital (Today is Pre-Launching and will normally launching on 4 July 2020) Earn 1.87% daily including Saturday and Sunday. And make your capital grows up to 300% after 160 calendar days without referral. The group of Professional Elite Traders are trading your capital using Ai-Robot and Manual Trading: https://bit.ly/3xcapital7

Interviewed by my Direct Upline Cryptodon with the 3XCapital Founder and CEO Dev Leon: https://youtu.be/DrJLAZG_X_k

Join XCapital Dev Leon at DEV in discord https://discord.gg/P5GHRms

4) Hashing Ad Space (Note: Many Fil-Am became Milllionaires already because of holding their Asimi Token Value, Asimi token is used by Hashing Ads Space when you buy ads or stake): Buy $100 Asimi Token from waves.exchange and Use for Log-in Minting/Staking and my investment grows 15% already or if you have no capital you can still join and earn asimi tokens by watching 50 ads per day: https://tiny.cc/hashingads7

Follow us in youtube channel: https://tiny.cc/youtubebeyondtrading

Follow us in Binance Philippine Team:

https://tiny.cc/binancephilippines and get 50% discount of all your trading transaction fees: https://tiny.cc/bnb50discount

For Pinoy need locat bitcoin btc wallet: http://tiny.cc/coinsph7

For Foreigners international bitcoin btc wallet: http://tiny.cc/coinbase7 or http://tiny.cc/coinpayments7

No capital? No Problem you can join here to collect your Free Airdrop coins and change it for money later after ico or ieo:

1) Free 750 Ecoins: https://tiny.cc/ecoin7

2) Free 3,600 bitcoinblack: https://bit.ly/btcblack7

Collect Free Bitcoin at Free Faucets:

1) Free coinpot, btc and altcoins: https://tiny.cc/coinpot7

2) Free cointiply coins and bitcoin: https://tiny.cc/cointiply7

3) Google chrome browser is not paying you try to download cryptotab browser while browsing you earn free bitcoin: https://tiny.cc/cryptotab7

4) Mobile Mining without affecting your wifi data and no battery drain pi network: http://tiny.cc/pinetwork7

Facebook, Twitter and Instagram are not paying you but in Minds Channel Social Media is paying you when you post, chat, share and comments and you'll received free minds token equivalent to $015 or P7.50 per token and you can change at Mainet Etherium or use to boast your ads. http://tiny.cc/minds7

Thank you for Trusting me!

Coach Rolly D. Custodio

Professional Elite Trader

World's Rank#53rd & #100th - 2019 BSAI & 2020 Binance World Spot & Futures Trading Tournament- (Participated by 10K and 25K Global Traders respectively)

Founder and Developer - 3 Up-scaling Trading Strategy

Average Winning Rate: 80% to 95%

Monthly Consolidation Profit: 20% to 60% (24 months straight)

#minds #forsage #forsageintleaglesteam #cryptopinoy #beyondtrading