Hi All. We want to make a communicate to clarify some doubts and to warn you about possible risks regarding USDT and Bitfinex Exchange:
- Lately we’ve been receiving a lot of messages asking about the sense of holding USD in our funds.
Holding USD in the funds is just a way to say “We’re temporarily out of the market”. When the bear comes, being out of the market it’s a big advantage, because you don’t lose anything (just the anual USD inflation), and more importantly, you will have the possibility to rebuy at much lower prices than you sold.
Some people also say “Why don’t you use those USD to invest in stock market, bonds, forex, shorting altcoins, etc”. The answer is simple, a lot of work for a little reward. Cryptocoin markets offer BY FAR the biggest return opportunities in the financial world. Who cares about losing a 3-4-5% for inflation by holding USD or another FIAT, when you’ll be able to rebuy coins at discounted prices and get 200-500-1000% returns later?
- Very important: We encourage you to do NOT hold any USDT nor USD in Bitfinex Exchange. For the moment everything works fine, but there are some signs that indicate possible risks of losing money here. USDT is having regulation problems and Bitfinex is behaving strange lately.
Again, this doesn’t mean anything, but we always prefer to prevent than to suffer the bad consequences later.
Blue Magic Capital funds are carefully managed through a professed “Adaptive System” designed by Frank PM, which is based on a combination of fundamental analysis (FA), technical analysis (TA), and most importantly, emotional analysis (EA).
This System has been exclusively optimized and based on highly speculative assets trading, however, it would perfectly suitable in every other investing area. In the end, speculation represents a large part of financial markets. You can read the full system description here.
Blue Magic Capital investment style strives to achieve long term consistent returns. Our endeavour is to obtain nice and positive annual returns rather than focusing on past weekly and monthly performances. Therefore, we forget about past achievements and prefer to focus in long term positive results derived from our Adaptive System.
It is very important to bear the following in mind in mind: VC markets are highly volatile. Therefore, you would be able to see your investments down -20% in just a few days. However, markets are very irrational and unpredictable in the short term so you shouldn’t pay too much attention and worry about short term movements.
Regarding the our offer, Blue Magic Capital will be launching 3 different types of funds: Retirement Fund, Dynamic Fund and Extreme Fund. These Funds are all based on the Blockchain Sector and will only include assets/coins with strong fundamental criteria. The main differences between our three sorts of funds (Retirement, Dynamic and Extreme) will be the methodology applied and the typologies of assets traded. For more information on our selection and classification, please read below: