Crypto Hedge Funds coming out of Lock Down - something to consider

Discussion in 'Digital Currencies' started by Ipv6Ready, Jun 27, 2018.

  1. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Something to consider. I had no idea there was so many of them. But it is worth considering if the Hedge Funds started Mid to Late 2017, than many of the investors would have locked in at much higher prices.

    If true some turbulent times are ahead for Cryptos and an opportunity to those actively trading the highs and lows for profit.

    https://www.ccn.com/bitcoin-price-hasnt-found-a-bottom-yet-crypto-hedge-fund-manager/
     
    Ipv6Ready, Jun 27, 2018
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  2. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    Also tether just released 250 million new tethers, and new tether release is widely thought to have fueled the bubble of 2017.

    However this release might be more to provide exchanges with liquidity.
     
    Ipv6Ready, Jun 27, 2018
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  3. mmm....shiney!

    mmm....shiney! Administrator Staff Member Silver Stacker

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    Correlation does not imply causation :)
     
    mmm....shiney!, Jun 27, 2018
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  4. Ipv6Ready

    Ipv6Ready Well-Known Member Silver Stacker

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    True, hence my next sentence. I think his is to provide liquidity for people swapping into tethers.
     
    Ipv6Ready, Jun 27, 2018
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