Follow The Coin / Follow The Coin Insider: Real Talk With Harry Yeh, Managing Partner of Binary Financial About Trading Bitcoin And Operating A Hedge Fund In The Digital Asset Space –
Real Talk With Harry Yeh, Managing Partner of Binary Financial About Trading Bitcoin And Operating A Hedge Fund In The Digital Asset Space -Tina Hui, the CEO and founder of Follow The Coin interviewedВ Harry Yeh, Managing Partner of Binary Financial at CES 2015 in Las Vegas and he shared solid insights onВ trading bitcoin, the valueВ of Bitcoin as a decentralized consensus modelВ and operating one of the leading hedge funds in the digital asset space. Interested in trading and investing in Bitcoin? This is one discussion not to be missed. In This Show:Learn about what a hedge fund is and about Binary Financial, a leading hedge fund dedicated to BitcoinInsights on trading Bitcoin, a trader’s dream commodity to trade
Volatility is great for trading BitcoinTheВ long term viability of Bitcoin is more important than Bitcoin priceBitcoin is a commodity that trades 24 hours a day, 7 days a week, you don’t get to choose when the prices go up or downIntroductory advice on trading in Bitcoin and which platforms he recommends
The best advice in fintech or finance: Do NOT trade on platforms unless you really know what you’re doingHow investors generally approach Bitcoin as an investment:
Investors typically approachВ Bitcoin as a unique asset class that isВ more of a commodity with the attributes of a currency that is a great store of value, and hence an idealВ commodity. A look at Bitcoin’s price:
How it fluctuated in 2014 and reacted to Mt Gox, regulatory uncertainty and more, which increased selling pressure rather than buying. Clarity in regulation, derivatives and futures will be helpful for Bitcoin price stability. When the Bitcoin price is low, it is a good time to buyDetails on Binary Financial’s New BTC01 Service: a bundled VIP concierge broker service and product to manage buying and selling of client’s bit coin investment as an asset classHarry’s pick for most innovative technology in the Bitcoin space: BitFinex, a swaps market allowing you to lend bitcoin and earn interest inВ a legitimate shorting marketand moreDid you like this story? You can tip us and help run Follow The CoinTIP US WITH CHANGETIPTIP US WITH COINBASETagged:binary, binary financial, binaryfinancial, bitfinex, bitgo, BitMex, bitstamp, btc 01, btc01, China, chinese, circle, coinbase, harry yeh, harryyeh, okcoin, tera exchange, tina hui, tinahui, traders, xapoAbout Tina HuiTina Hui is the CEO & Founder of Follow The Coin. She is a business, NGO, NPO and tech industry advisor, entrepreneur and web journalist. With 15+ years of business strategy, partnership and marketing experience working for companies such as Warner Bros, Warner Independent, Snapfish by HP, Eat24, Fox Atomic, Fileblaze, BlazeStage, Ronald McDonald House SF, Babelverse, Blipboard, Babelverse, LiveIntent, Century Micro, MontajApp, Social Media Club and more. Follow Tina on Twitter and Facebook.