Tricks Of A Crypto Trader: Meet Asia's Hottest Crypto Hedge Fund


(Alex Sherwood) #1

Be careful out there (& why Freetrade should stick to offering a relatively limited number of cryptocurrencies to trade) -

FBG’s approach has three pillars: Invest like a venture capitalist in initial coin offerings (ICOs), trade on news and events by moving in and out of tokens rapidly and, critically, exploit insider relationships and marketing hype to ensure profitability. The firm’s rise speaks volumes about the anything-goes world of cryptocurrencies, where the stated ideals of democratization are a joke and being an insider is the surest path to riches.


#2

Interesting read. Definitely still a Wild West space.