Hong Kong, April 9, 2018 /Xinwengao.com/ - Despite sharp falls in the value of major cryptocurrencies, the number of hedge funds focused on trading cryptocurrencies more than doubled in the four months ending mid-February 2018.

There are now a record 226 hedge funds trading cryptocurrencies, up from 110 in October 2017 and 37 at the start of 2017. Total assets-under-management stood at between US$3.5 billion and US$5 billion, according to fintech research firm Autonomous NEXT.

While some have described the rise of cryptocurrencies such as Bitcoin, Ethereum, Ripple, Litecoin, EOS, and IOTA as “worse than tulip bulbs”, cryptocurrency advocates say that this new asset class is destined to transform finance and society. As they see it, the biggest risk for investors is missing an opportunity to get in at the start of the boom and the growing blockchain opportunities.

To discuss these issues, China Money Network is hosting an evening networking event on April 18 in Hong Kong called “The Future Of Cryptocurrency Investment: Bulls vs. Bears” with three panelists who are seasoned professionals in cryptocurrency investments. They will share their views on the present and future of investing in cryptocurrencies, active vs. passive investment strategies, unique challenges in crypto investing, and how to diversify in this emerging asset class. The panelists are Dave Chapman, chairman of Octagon Strategy Ltd.; Michael Wu, founder of Amber AI; and Jianbo Wang, chief investment officer at CYBEX. China Money Network’s Managing Editor Nina Xiang will convene and moderate the panel discussion.

The discussion on April 18 in Hong Kong will address these questions:
– Where are we in the crypto investment cycle?
– Why should investors invest in crypto funds or Initial Coin Offerings?
– What kind of roles will cryptocurrencies play in the financial market in the future?
– How should investors diversify when investing in crypto? Bitcoin vs. altcoins vs. tokens?
– What are the pros and cons of passive vs. active investment?
– What is the status of ICOs emanating from China?
– What are the unique challenges in crypto investments in Asia? How to mitigate risks of loss of private keys, funds being stolen, or hacks?

Join other business investors, venture capitalists, developers, and policy-makers at this event in Hong Kong by registering at https://www.chinamoneynetwork.com/future-cryptocurrency-investment-bull-vs-bear

About China Money Network
China Money Network is an artificial intelligence-based platform tracking China’s smart investments and technology innovation.

CMN hosts an artificial intelligence (AI)-based bilingual platform that follows China’s smart investments, special situations and technology innovation every day. By tracking China’s private equity, venture capital and technology sectors, we deliver actionable data to our customers. We connect the data points to give global investors the tools to execute deals in China, deals that otherwise would simply never take place. CMN provides a unique way to target deal makers, top decision-makers and business leaders in China and around the world. We are well positioned with our team of experts and advisors to uncover forward looking cross-border deal flows not only for our customers in China but those trying to enter this highly lucrative marketplace.

Millions of professionals rely on CMN to take the business pulse of China and to follow daily/weekly trends, expert network events, exclusive company rankings, customized thought leadership research, subscription-based digital services as well as our Chinese language platform www.zhongjintoux.com, bridging global investors with business opportunities in China. CMN, founded in 2011, is headquartered in Hong Kong and operates from offices in Shanghai, Beijing, Shenzhen, Hangzhou and Los Angeles. We are an independent business owned by our founding team and employees. More information at https://www.chinamoneynetwork.com

The press release Cryptocurrency Investment Pros Break Down Fears And Opportunities At Upcoming Event In Hong Kong comes from Xinwengao.com press release distribution and journalist media database service in China.

Hong Kong, November 27, 2013 /Xinwengao.com/ - As a peer-to-peer digital currency, Bitcoin’s decentralized nature has already pushed the value of a single Bitcoin in the past few weeks up more than 300%. And www.bitebimi.com (which means Bitcoin Rice in Mandarin Chinese) is helping to foster the community of Chinese Bitcoin adherents with continuously updated news from around the globe.

As a newly-launched news and business intelligence source, BitebiMi.com focuses on both the euphoria and the risks involved in Bitcoin usage. As a virtual money mechanism, Bitcoin as an investment has dangers because of online theft and high frequency valuations.

But in China, Bitcoins are seen as being an important investment because of the paucity of adequate investments in China. For many Chinese, real estate is the main investment vehicle, so Bitcoin offers an alternative way to diversify. Bitcoins are also rumored to be used in some real estate transactions in China.

Others have seen a future in Bitcoins. In the past month, BTC China, one of the leading Bitcoin online marketplaces, raised US$5 million in Series A financing to grow its business, and in the U.S., the Federal Bureau of Investigation released a letter to Congress that stated “The FBI’s approach to virtual currencies is guided by a recognition that online payment systems, both centralized and decentralized, offer legitimate financial services.”

BitebiMi.com is managed by AMN, an online vertical digital media company based in Hong Kong. For more information, visit the site at www.bitebimi.com.

The press release Bitcoin News In China Gets Big Push From BitebiMi.com comes from Xinwengao.com press release distribution and journalist media database service in China.