Bitcoin is very much alive: now it is time to invest (asking also Bloomberg)

06.Dec.2018Press release

Consulcoin Cryptocurrency Fund is officially on the financial market

The pubblication of the first NAV (Net Asset Value) has formally marked the market entry of ConsulCoin Cryptocurrency Fund, the first EU regulated investment fund for institutional investors operating in the cryptocurrency and Blockchain markets. Through the assignment of the ISIN number (International Securities Identification Number) by the Malta Financial Security Authority, published also on the Bloomberg platform, it is now possible to operate in a contest characterized by transparency, legal certainty and taxation.
Those who have remained outside so far, have now the chance to invest using the current particularly favourable entry point“, explains Massimo Tortorella, President of Consulcesi Tech, lead advisor to the fund: “You have look at the financial market over the medium to longer term without to get carried away with the day-to-day fluctuations. The history of the developer who paid 10,000 Bitcoins for two pizza in 2010 should teach us the importance of the intrinsic cyclicity in the cryptocurrency market. Not for nothing – Tortorella concludes – leading financial representatives such as Christine Lagarde, Managing Director and Chairwoman of the International Monetary Fund, and Jeff Sprecher, Chairman of the New York Stock Exchange, said that this field is intended to further consolidate. This perspective has already been anticipated in our book “Crypto-Revelation. Why there is no turning back from Blockchain and digital currencies”“.
Those who have invested $ 1,000 in the most popular cryptocurrency – the Bitcoin – in 2011, now he would now be millionaire. One thing is clear between fluctuations and ascents: its price has increased by 428,000 percent in less than eight years. The decline recorded in 2018 is similar to the one that took place between December 2013 and January 2015, when Bitcoin lost around 85 percent of its value. However, that didn’t stop it from rising rapidly towards $ 19,000, the record level registered exactly one year ago today. In the past 18 months Consulcesi Tech, together with a team of international experts, has analysed in depth the crypto market, focusing especially on the price volatility in the financial market, on the intrinsic investors and on the settlement risks.

Some of the experts involved are: Core Asset Management SA, a firm with more than 20 years experience in the wealth management in Switzerland; Aurum Trust & Finance SA, independent Swiss Family Office specializing in advisory, financial innovation and asset management strategies; Mashfrog SpA, a leading fintech company that launched the first European AI-based ICO applied to the robo-advisors field; Link Campus University, a leading university in the Italian and international landscape. Jointly with Consulcesi Tech, Link Campus University shortly will launch a MBA in “Blockchain and Economics of Cryptocurrencies”, the first post-graduate course on the subject across the Europe, payable using digital currencies. This team of specialists will continue to monitor the rapid development of the fintech market and will create valuable synergies in asset allocation, in investment management and in cryptocurrency wallets risk management. In the future, Consulcesi Tech will take advantage of this experience and considers that a rigorous and structured investment process could ensure continuous returns and reducing volatility.
This publication and any statement or reference contained in the text are only for information purposes and they do not consist in an offer or solicitation for a financial market.