RE: ICONOMI Cryptocurrency Index Fund currently has Steem as No3 CryptoCurrency Holding...

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ICONOMI Cryptocurrency Index Fund currently has Steem as No3 CryptoCurrency Holding...

in iconomi •  8 years ago 

I believe they claim to be "value investors" rather than speculators (given the size of their fund, they won't be able to speculate anyway). Which means holding STEEM should make no sense to them as it loses value over time. And powering up doesn't make sense from liquidity standpoint... interesting to see what they'll be doing.

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Exactly, if they don't power up it would be a terrible investment, but if they do they loose their investment's liquidity - but maybe they can live with that?