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RE: Evangelizing Steem to Pillar, a Crypto Venture Capital Firm, Fidelity's Crypto Hedge Fund, Flipside Crypto a crypto portfolio managagement company, A Korean Newspaper, And Devs

in #steem6 years ago

Cryptos are a volatile market, and hedge funds love volatility

its remain to be seen, how this volatility will diminish and crypto can be used as an actual medium of exchange

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As an HF Manager is really easy to lose a lifetime career because of a bad investment decission, Cryptos are by far the riskiest asset class. Try to convince not them but their clients to put the money. As said before we will arise after all the s**tcoins and projects leave the Arena, but before we need more stability for the long run.

I'm not sure it's the riskiest asset class.... high yielding debt during rising rates is pretty risky... mortgage backed securities aren't yielding double digits for no reason...anything in Venezuela or North Korea is pretty high risk... pharma with only one project is crazy risky... commodity exploration... import export in the middle east has gotten very risky.

But with these types of investments you have to have more than one pick, so if something crazy happens to your top pick you still have others to fall back on.