Crypto Currency Hedge Fund: Alternative Money Fund LP (AMF) Update: 3/1/18 March 2018 +7.66% MTD

 

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As the Dow Jones Industrials gave up nearly 400 points on the first day of March, AMF crypto currency hedge fund gains 7.66% during the first trading day of the month. Massive amounts of capital came into the crypto markets the day after the last day of February as fund redemptions dampened any sort of rally in the space.

Fund manager John Chalekson is optimistic about the month and sees large gains in the horizon. He believes that the first 2 months of 2018 were an aberration in the markets and that cryptos will continue to rise the rest of the year.