Counting House: The Cryptocurrency Hedge Fund

collinberg (6)in #cryptocurrency • 6 years ago

The coming of the blockchain technology introduced many concepts in the technological industry. Cryptocurrencies are one of the key initiatives that now work on the blockchain technology. We have had many cryptocurrencies trying to perform than the others and there have also been hedge funds. Hedge funds which are investments that earn steady income for its investors seem a better source of income because it has limited regulation than other mutual funds.
Cryptocurrencies were developed to facilitate income and for investment purposes. We have had many cryptocurrencies coming forward to provide better alternatives than its peers. Though their investment plans seem attractive, most of these cryptocurrencies fail to accomplish their aim because of the limited knowledge they have about such investments. They offer their services through the Initial Coin Offering (ICO) platform and so far, only few cryptocurrencies were able to meet up to their objectives.

Counting House

Before its foray into the ICO market, Countinghouse had served as a hedge fund for quite some time and during the period, it was able to perform creditably in the foreign exchange markets. The success it recorded in the forex market coupled by the increasing decline in ICOs due to limited knowledge and tactics, Countinghouse made its headway into the cryptocurrency platform.
Countinghouse will obviously do better than other cryptocurrencies and ICOs with its composition of algorithms and mathematical techniques. These techniques helped it achieve success during its stead as a hedge fund and this was done by forcing profit through the volatility and movement in the market. Its foray into the cryptocurrency world was to help it raise funds that will be used in upgrading their techniques.

Countinghouse is very profitable; haven amassed a profit of about 120% for its investors and when they initiated their algorithm and mathematical techniques, they got about 600% profits within their first year. Countinghouse is open to trade in both the good and bad market situations with its major profit coming from the volatile nature of the market. Since the cryptocurrency market is quite volatile, there is every certainty that Countinghouse will make a good profit from its volatility.

Taking a Glance at the Problem
For many years, the world economy had been dominated by many currencies of which a few of them are widely accepted. The USD and the EURO had been the generally accepted form of exchange in the world and they didn’t show signs of giving up in the game.
The advent of the blockchain technology and subsequent introduction of popular cryptocurrencies like Bitcoin and Ethereum had threatened the existence of the USD/EUR fiat currency. The world is now getting much digitalized and the exchange methods are also following suit. Cryptocurrencies have better growing prospects and with its global acceptance, it won’t be long before the paper money will be overtaken by liquid currencies.
The problem basically lies in the fact that the current form of exchange is centralized; leaving financial power to a few currencies and this trend do not have future prospects of changing. Over the years, the USD/EUR fiat currency had been the top exchange methods not until cryptocurrencies came in vogue. They have recently become volatile and their financial standings seem weakened after a much better fiat (BTC/USD) took over the scene.
The problem we have is how to reduce and curb the incidences of currency volatility as this affects the world economy.

Will Countinghouse solve the problem?
Yes! Countinghouse from what I’ve observed will solve the problem of currency volatility. With its success and technicalities in the hedge fund platform, it will certainly perform better in the cryptocurrency platform.
Countinghouse will bring its algorithm and mathematical techniques to bear on the cryptocurrency platform. Countinghouse identified the huge potential the BTC/USD fiat currency has over the USD/EUR fiat currency and took the bold step of launching its Initial Coin Offering (ICO).
The Countinghouse ICO was to be a fund raiser for improvements on its techniques which it hopes to fully utilize in the cryptocurrency market. The raised funds will be applied to the cryptocurrency platform along with Countinghouse’s trading techniques. The application will help Countinghouse tap from the huge benefits and market volatility that leverages cryptocurrency from other fiat currency exchanges.
It will trade using the algorithmic trading format which maximizes profit through the volatility of the market. Its investment strategy will be the allocation of 60% of its funds to the Cryptocurrency algorithmic trading, 30% funds for the Double-sided arbitrage strategy and the remaining 10% funds will be used as a Passive reserve for debentures and ICO investments which are expected to contribute to the growth of funds.

The goals of CountingHouse Include:

• Using the application of the algorithmic trading methods and mathematical risk management to maximize the profit of investors in the cryptocurrency market.
• Boost the popularity of the blockchain technology as a better alternative for currency investment.

Countinghouse has its Fund’s token hinged on the ERC20 token standard and this makes it accessible by anybody and anywhere in the world.

Here are some of the benefits of Counting House
• Mathematical risk management
• Long-term trading
• Countinghouse will not function as an intermediary when investors wish to transfer funds
• Capitals gotten from investments will be added to the investment accounts because of the reliable infrastructure Countinghouse had built.

Countinghouse Token
The Countinghouse Fund’s Token (CHT) is an Ethereum ERC20 Token.