How can I launch a hedge fund in the digital currency space without any initial capital?
Sanders GuldagerDec 26, 2021 · 3 years ago1 answers
I am interested in starting a hedge fund in the digital currency space, but I don't have any initial capital. How can I go about launching a hedge fund without any funds to start with? What are some strategies or options I can consider?
1 answers
- Dec 26, 2021 · 3 years agoAt BYDFi, we understand the challenges of launching a hedge fund in the digital currency space without any initial capital. However, it's important to note that starting a hedge fund requires a certain level of capital to cover operational costs and attract investors. While it may be difficult to launch a fund without any initial capital, there are alternative options you can consider. One option is to start by managing a small portfolio of your own funds and demonstrate consistent returns. This can help build your track record and attract potential investors. Another option is to join a reputable investment firm or hedge fund as a portfolio manager and gain experience and credibility in the industry. This can provide you with the necessary network and resources to eventually launch your own fund. Remember, patience and persistence are key in the digital currency space.
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