Topic: [2018-10-11]Harvard, MIT & Stanford Have Successfully Invested in Crypto Funds (Read 151 times)
October 14, 2018, 05:50:38 PM
The latest research by Fund start Global Advisor showed that more than half of institutional investors are positive about cryptocurrencies, and in particular about their exchange rate. So 57% of them are sure that bitcoin will grow in price by the end of 2019
October 13, 2018, 10:20:15 AM
Those people are smart enough to not estimate their return right now. Even if they bought at $20k it doesn't matter because they are not kind of people who panic sells at loss.
It depends. Most of the funds that wealthy individuals and other legal entities invest in are lead by overly bullish fund managers who really pushed the limit by making it look like there is a lot to gain in the near term. From what I have read it doesn't look like it's actually a well thought out long term investment, but rather one that's driven by last year's speculation.
I haven't seen one fund manager actually point at how the market might not be doing anything of significant nature in the coming two or so years. It's just the usual> the price will recover before the end of the year or we'll hit $50,000 before the end of 2019 noise. I think this isn't how we should want anyone to be exposed to crypto.
More than 50% of the funds have failed this year, and the ones that are still standing are licking their wounds hoping for better times. It's maybe not the most positive news, but one that people deserve to know about.
October 13, 2018, 05:12:28 AM
Wondering what are their return of the investment, hope they did not invest when BTC is close to $20000. 
Those people are smart enough to not estimate their return right now. Even if they bought at $20k it doesn't matter because they are not kind of people who panic sells at loss. No one can tell when a new ATH will be reached again, but considering the whole history of Bitcoin it's not hard to predict that it will be reached at some point in the future.
The very fact that such reputable institutions as the Massachusetts Institute of Technology, Harvard University, the University of North Carolina, Stanford University and Dartmouth College have invested in crypto, instead of calling it fraud, can make a big positive impact on the future crypto adoption. Normally, average institutions are waiting for examples of behaviour from those those in the top before start acting themselves. And now they can see that those examples were given.
October 13, 2018, 01:07:16 AM
Wondering what are their return of the investment, hope they did not invest when BTC is close to $20000.
October 12, 2018, 03:21:13 PM
Five more university endowments have invested in digital currency funds, hinting that the crowd of institutional investors is finally starting to make at least a minute bet on the developing asset class.
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/harvard-mit-stanford-have-successfully-invested-in-crypto-funds/
Read the details in the article of Coinidol dot com, the world blockchain news outlet: https://coinidol.com/harvard-mit-stanford-have-successfully-invested-in-crypto-funds/
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