2023-06-28 14:30:55
Re: the trading fund
I am quite excited about this. The guy I know is really good at trading, opens the fund (or starts as a core team)... we exchange ideas over the years now.
I can't name the fund name yet, however I just found out the cap at the beginning will be eaten up extremely rapidly.
There are no special privileges offered, I tried to get you special Blockchain Whispers early access or something... but since it won't be possible, I'll announce you the minute they launch.
They expect it to be within 1-2 months.
So far, to my understanding, there are 8 established traders, four out of which are from crypto, including my friend. One is metals. Two fundamentals are stocks. (one of them is overlapping with something else), and finally there are two experienced offshore investing guys for hedging instead of sitting idle in cash positions.
The reason I'm so excited is there are no many good traders in crypto, guys that I know performed in bad and good years in both cycles... and that understand risk well.
I promised to promote his fund as long as he is trading in it and doing well, because it's the way to beat the secretive whale groups etc while approaching it professionally.
Over the 50+ traders (I am giving a small number here) I personally tested, tried, checked their personal trades... he is one of the top 3 that I find consistent performer. Especially in the wind-changing periods of 2018; 2020 etc.
I never managed to get him to BCW as he understandably found the idea of publishing his trades stressful and counter productive. However, he values my input, as I do his, so over the years he would check out on my macro bias as I would on his..
I tell you, even in times of bad gains, he had good protection of risk... and in times of green months, he surprised me how early he caught on to it.
Now, as with everything new, there is no guarantees.
He is the by-the-book type of guy, so the fund he joins is fully regulated, consisting of a group of strong traders.
In crypto, it's extremely hard to find. It doesn't look to be. But it is. I tried. I tested. Many perform for some months then on tide change they are shocked like the guy next to him.
I don't know the other three traders, but apparently, he is the lead for crypto, so it is in good hands.
I have been asked many times to trade for others myself, but the idea is too stressful for me. This is the second best I can find for you.
I will keep you informed on the developments.
I was quite surprised with the amount of interest @cryptoalfred reported to me regarding the crypto trading fund in question.
I'll try to get as many of you the best possible/timely info I can regarding that, but be ready within 1-2 months as apparently the regulator allows them only a fraction of their required marketcap for the first year, so I expect it to be oversubscribed.
The limits are known already: $100k min; 10mm max. If something changes, I'll inform you when I find out.
This is the second best thing to you beating the game yourself.
Cheers!
D Man
10.9K views11:30
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