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RE: To Trade or not to Trade? - Valuing Crypto Funds
Should we not be disgusted by a 25% management fee on Taas? That's the number 1 reason I didn't invest in their ICO - I just couldn't stomach it. Am I missing something? Do they really have enough magic pixie dust for it to be worth paying them 25% of earnings?
Certainly not worth that given what they're currently doing, mainly holding onto crowdsale funds. However if they get their algorithmic and arbitrage trading going, then I'd be happy to pay it, given the inefficiency in the markets. Otherwise I'd hold BTC, as long as it comfortably outperforms I'm game.
Competition will come though.