SCH Group begins informational support for the experiment of investing in cryptocurrencies.
- A group of fellows, who wished to remain anonymous, decided to launch mutual closed fund of 100 ETH (~$30,000) with the task to increase by 10 times investments in three years on the wave of rising popularity of decentralized technologies.
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“It so happened that our close friends suddenly became very rich,” Dmitry Schnellreich commented on the launch of the experiment. “And it seemed to us extremely short-sighted to just watch this from the outside. So we consulted with colleagues and decided to join the global madness!”
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“And I highly applaud this event! There’s nothing easier than dropping a thousand bucks each (or whatever it is) and copying the leaders for the beginning,” said the architect of Cyber•Fund Dima Starodubtsev in a parting word. “Yes, it is not the smartest investment strategy. But we share a lot of information and regularly provide analytics on the market. Plus it’s a blockchain where you can see who’s doing what. You can just repeat after us or bet only on those whose economics you understand — that’s up to you. But enough with the boob-wagging!”
This is how a fund with the ambitious name of F1 and no less crazy parameters was launched:
Type of fund: Mutual, closed, no replenishment.
Investment strategy: active management.
Investment horizon: 3 years.
Financial goal: increase investment by 10 times.
Base settlement asset: ETH.
Initial fund value: 100ETH (~$30,000).
The performance of the fund will be monitored in real time on special page.
Let’s go!