Started a Crypto Hedge Fund; Looking for similar minds and to network!
I started trading crypto around 1.5 years ago when I was 17, did very solid for myself and paused my education to rent an office space for a crypto hedge fund. At the moment I'm looking for like minded people, traders, anyone just generally interested to network with!
I traded privately for friends and family starting in 2017 and made them 1,893% which was a little more than 200% above Bitcoin's price growth. This year so far I'm up 430% despite the recent crypto slump which has given me a boost in getting soft commitments for the fund (Currently at $200,000 of my $1M goal before starting). If you're interested in crypto, trading, networking, or crypto programming like Solidity, let's talk! I also work for a private ICO agency which has helped raise over $50M now for ICO's starting in November so it helps me see which products and coins are actually legitimate; if you're interested in ICO's too let me know!
Thanks
I'll bite. I'm interested to see what it is you're attempting.
Had a business acquaintance contact me recently regarding a potential RE development opportunity is Central America. Interesting concept in that the developer created his own crypto to fund the VC portion of the venture. Those who buy into the crypto are buying into a portion of the "development" and charges such as housecleaning, property management, etc. are supposed to be paid from dividends received from the holders of the crypto.
There are a number of vagaries about the opportunity, but my counterpart keeps begging me to come down for 5 - 7 days to get a first-hand look at the opportunity.
This is his first foray into attempting to develop anything internationally, and I do not believe he understands the additional burden of permitting, construction power, island power distribution restrictions, labor-supply shortage, lack of building standards, the speed with which things get done in other areas of the world as compared to the US...... and the list goes on.
In a prior life, I was an engineer who designed control systems for Power plants. One of the jobs in which I spent a great deal of time on-site, NOT out of preference, was in Honnoka'ai, HI. A small town on the south side of the big island from Hilo. Even with the project being done in one of the states, getting things built in HI, was nearly as difficult as being built in Somalia. No infrastructure for this kind of project, no trained labor, no sense of work ethic, no sense of urgency, no desire to learn, required breaks at 9:45 AM and 1:45 PM (after a 1 hour lunch at 11:30) and knocking off for the day at 4.
I realize now I've gone off on a tangent in the worst sort of way. Guess I'm telling myself how absurd this "opportunity" in central America really is. And the whole thing being based on a crypto just seems one step beyond lunacy for me. But I digress. Perhaps this is a new business model just catching on, and I'm just not aware.