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Why Hedge Funds Are Bad News For Crypto Investors

(Forbes) If you’re going to invest in cryptocurrencies like Bitcoin and Ether, stay away from hedge funds. The math alone will ensure you’ll get hosed. Like Ray Dalio, one of the most successful hedge fund managers, I’m highly skeptical about cryptos. I’m not convinced that virtual currencies are worthwhile investments, although I think they are good ideas conceptually.

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