VB Advisory
Amsterdam, Nederland
Introduction: Trading with cryptocurrencies, new strategies?
With the recent re-emergence of the cryptocurrency market, major financial institutions have joined the playing field and are looking for opportunities. Banks, hedge funds and even governments are testing the waters, some with a bigger investment than others. Grayscale, the world’s largest cryptocurrency asset manager, now has over 20$ billion worth of cryptocurrencies under management. However, cryptocurrencies are considered assets almost completely separated from the mainstream financial instruments. Previous research done by VB Risk Advisory has shown how cryptocurrencies have no dynamic correlations with mainstream instruments and are unsuitable as hedging instruments (K. van Wissen, D. Venekamp). Now, VB Risk Advisory is looking to develop a trading strategy for cryptocurrencies. Common trading strategies need to be re-evaluated for their use when trading cryptocurrencies. Currently the most...