Hedge funds are rushing into cryptocurrencies to juice their weak returns :good news for me .

msenti (28)in #cryptocurrencies • 7 years ago

Hedge funds have been trounced by the stock market in recent years. Now they are eyeing a new asset class that might provide the big returns their clients pay them to produce: bitcoin and cryptocurrencies.
Bitcoin has risen nine-fold in the last 12 months and is trading at an all-time high. Ether has surged 30-fold this year. Most hedge funds aren’t even beating the S&P 500. Yet they profit handsomely for their underperformance, charging clients the standard 2% in fees and 20% in investments gains .

Dont forget to follow me will follow you back instantly.

#news #steem #steemit

7 years ago in #cryptocurrencies by msenti (28)

Sort:

msenti (28) 7 years ago

Thanks for an upvote really appreciated @ https://steemit.com/@nepalipahad

$0.00

steemitboard (66) 7 years ago

Congratulations @msenti! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of posts published
Award for the number of upvotes received
You published 4 posts in one day

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

$0.00