Topic: Major securities that invest in alts? (Read 894 times)
Thanks everyone for your replies.
I believe the answer is no.
Alt trading is a pretty risky albiet sometimes rewarding business.
It would be hard for someone to develop a solid security fund operating around alts due to the risks they present.
Like said above, if you want to try your luck with alts it's best to just have a go yourself and open an account at btce or cryptsy.
Alt trading is a pretty risky albiet sometimes rewarding business.
It would be hard for someone to develop a solid security fund operating around alts due to the risks they present.
Like said above, if you want to try your luck with alts it's best to just have a go yourself and open an account at btce or cryptsy.
The two community funds I know of which deal in altcoin invetsment are #1 LTC-ATF and LTC-ATF.B1 which operate on LTC-GLOBAL, and #2 BMF, which is not approved for trading yet (but you can buy and sell shares in it manually, if you send me a PM). I run BMF. I'm not aware of any others that specifically invest in and/or trade LTC.
I believe the answer is no.
Alt trading is a pretty risky albiet sometimes rewarding business.
It would be hard for someone to develop a solid security fund operating around alts due to the risks they present.
Like said above, if you want to try your luck with alts it's best to just have a go yourself and open an account at btce or cryptsy.
Alt trading is a pretty risky albiet sometimes rewarding business.
It would be hard for someone to develop a solid security fund operating around alts due to the risks they present.
Like said above, if you want to try your luck with alts it's best to just have a go yourself and open an account at btce or cryptsy.
Why not do it yourself? Open an account on BTC-E or Cryptsy. If you would like I would be happy to do so for you (If you want just use small amounts so you know I am legit)
To clarify:
I am not looking for existing "fiat" institutions that invest in alts.
I am interesting in answers to the following question:
If I have X BTC and wish to diversify over alt currencies - can I give my money to someone who will do it for me?
(And expect for it not to be a scam with him running away with all my money)
I am not looking for existing "fiat" institutions that invest in alts.
I am interesting in answers to the following question:
If I have X BTC and wish to diversify over alt currencies - can I give my money to someone who will do it for me?
(And expect for it not to be a scam with him running away with all my money)
It really goes down to two digits $98.51 
Major = 0, speculators however plenty.
What are the major securities that invest in the various alts?
Suppose I have 100 BTC and want to diversify into various alts (+ripple) ... what are the trusted securities that can manage this diversification for me?
Suppose I have 100 BTC and want to diversify into various alts (+ripple) ... what are the trusted securities that can manage this diversification for me?
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