The image of wall street
When you think of high level investing and hedge funds, the first thing that comes to mind is probably a bunch of people in suits yelling at the top of their lungs grasping for every chance to turn a profit in the evermoving market. This, however, isn’t quite how things are, not nowadays at least. Today most trading done on the market is actually being executed by machines with many hedge funds relying on automated software to make their trading decisions. Many funds have seen a considerable increase in profit when switching to automated solutions, which is why they have become so popular among the industry. One of the hedge funds that use automated software to decide their trades is Countinghouse. This hedge fund is, however, a little different than many others as one of their main strategies is taking advantage of volatility in the market. As you are reading this, chances are that you are quite familiar with the cryptocurrency market, so you know just how volatile it is, an obvious market for a fund like Countinghouse. They tried out the market last year and ended up making many times more than their fund did in the forex market, which is why they are now putting even more resources into taking advantage of the nature of the cryptocurrency market.
The uncertainty when investing in ICOs
There are a ton of ICOs on the market these days, which makes it very difficult for investors to find the right ones. In the end what really matters is the team’s ability to operate and turn a profit, it doesn’t matter what their website looks or anything of that sort, only the project’s ability to execute. In this case, Countinghouse already has a history of running a profitable hedge fund in the world of forex and has tested their capabilities in the cryptocurrency market. Their operating turned a great profit in the cryptocurrency market, which makes them confident in their ability to create a fund dedicated to only the crypto market. This is exactly what the funds from their ICO are going to, where their CHT tokens represent units of the cryptocurrency fund. This means that investors now can become part of a hedge fund with a very small investment, actually as small as the investors prefer, instead of having to pay hundreds of thousands of dollars like with regular hedge funds.
Countinghouse introduction video
A video presenting the idea behind and the vision of the Countinghouse crypto fund has been prepared by the team. You can watch it right here.
Countinghouse token sale
The countinghouse project is currently running their own ICO selling CHT tokens that are going to be representing units of the crypto fund as described above. They are currently being sold at a rate of 1000 CHT per 1 ETH. Over 9 million CHT tokens have already been sold, if you want to participate in their token sale please visit their official site at https://www.countinghousefund.com/ico
If you find this project interesting and wish to learn more about it or their token sale, you can visit the following links below and read their whitepaper. To keep yourself up to date on the project, you can follow their social media accounts also linked below.
ANN Thread: https://bitcointalk.org/index.php?topic=3406903
Bounty Thread: https://bitcointalk.org/index.php?topic=3392579.0
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