Decentralized Hedge Fund (DHF): An Honest Review from an Investor
I
probably should have written this article a year ago but for good reason, I
decided to wait just to be sure this subject will be worth writing about.
These days, we are constantly bombarded by countless so-called opportunities to
live the laptop lifestyle. Every Tom Dick and Harry is trying to sell you or refer you to the
next big thing that will …‘’ Change your life’’. While it is definitely true
that the internet age and social media have opened up possibilities never
available to people before, they have also become channels for scammers,
fraudsters, and just about anyone who will say anything to make a quick buck!
Nowhere
else is this reality more evident than in the relatively new and quickly rising
world of Cryptocurrency
Investing. The very nature of these transactions
characterized by their anonymity makes them quite attractive to cybercriminals
and fraudsters. The promised returns of passive income continue to serve as an
alluring bait for all classes of investors, experienced and newbies alike and
so I foresee this ugly trend continuing. As prevalent as these schemes are, I
have always been of the opinion that there are genuine, real, and profitable
platforms out there. There must be! After all, fakes or counterfeits imply the
existence of the ‘real or genuine. The ultimate challenge is finding and
knowing what is ‘real or genuine’ and that could be like digging for diamonds.
What's more, even if you do find them, only time can tell if they are indeed
diamonds?
Even
though I became aware of bitcoin about a decade ago, I never really thought much
of it until quite recently and only got actively involved in cryptocurrency
investing about 2 years ago. In that time, I must admit that I have fallen
victim to many fraudulent schemes some of which, I should have known better
than to have invested in. What is comforting though is that I learned a lot
about how they operated and what red flags to look out for. Yes, I lost money,
but not in a quantity I
could not afford to lose. I consider it an investment in
helping me figure out what works and what sucks!
About a
year ago, I decided to invest in a platform amongst many others after watching
a YouTube video. I didn’t think much of it then, it was one of my many
‘investment experiments’, Its name; Decentralized Hedge
Fund. It had a serious ring to it but that was
not why I joined, I joined because the referral program was unusually unattractive. You
see, most cryptocurrency investment platforms (99.9% of them) are simply Ponzi Schemes or at best MLMs masquerading themselves as trading or investments platforms. They
do not trade or make any actual investments even though some of them show
trading charts on their websites. They simply pay existing investors with
deposits made from new investors and so rely on a highly incentivized and
attractive referral program to keep the funds following. Some of them pay you
commissions ‘’5 levels deep’’. (Referrals of your referrals to the 5th
generation)
It
seemed rather interesting that DHF only paid $20 per referred person, something
they refer to as an ‘activation
fee’ and that was it. Asides from the $20 worth of crypto
(Bitcoin/Etherium/USDT) a new investor had to deposit there was no minimum
trading capital. The balance of your deposit goes into a trading pool where it
is managed by artificial intelligence.
The AI
trades several pairs of cryptocurrency daily and the live trades with their
closing positions are available for anyone to see. Trading data goes all the
way back to August 16th, 2019 and what is remarkable is they are have only
posted profits month after month for over 2 years now. It has a cumulative
profit from its inception of 265%. This equates to almost triple any amount
invested in 2 years. Now, while this kind of return doesn’t sound as fantastic
as those we’ve heard is possible and also seen in the crypto world, it is
undeniably remarkable not only from a traditional investment perspective but
also in high volatility /high-risk market where huge losses are and can be
prevalent.
This is
the first and only platform where I have actually been profitable and when I
say profitable, I mean profit withdrawn into my exchange wallet, month after
month. Profits usually range between 9%-12% every month. The deposited funds
are held in USDT which is at par with the dollar value and so there is no risk
from the volatility in the crypto market eroding your investment. It is more
like a crypto wallet/savings account. Your funds are available 24 hours a day,
7 days a week 365days a year to be withdrawn to your exchange wallet.
I have
included the video above to better share my story and provide a step by step
instructions on becoming a member. The summary is:
1. Sign
up on the DHF and verify your account. (Additional security measures were
recently adopted that may require you to have 2Factor Identification, an extra
layer of security).
2. Get
a wallet set up on an exchange like Coinbase (very newbie
friendly) or Binance, there
are a host of others as well. Do your research, these are the ones I use.
3.
Purchase crypto to your wallet on the exchange in the amount you feel
comfortable investing.
4. Send
crypto to your DHF wallet: Only Bitcoin, Ethereum, and USDT are accepted. Do
not send any other currencies. The minimum amount is $20 worth of crypto for
activation, the balance is credited to your account and included automatically
in the trading pool.
5.
Check back on the 1st of every month as that is when profits are credited to
your DHF wallet less the 10% charged only on your profits as Management fees.
If not withdrawn, profits become part of your trading pool and are compounded
for the following month.
Pros:
Ø
Decentralized exists on Ether Blockchain. (No human managers/owners, a smart
contract Autonomously run by an AI)
Ø 24/7
hands-free automated trading
Ø No
minimum deposit amount asides from the $20 one-time activation fee.
Ø
Averages 9%-12% returns monthly at least since I joined 12 months ago.
Ø
Profits compounded automatically if not withdrawn.
Ø Only
a 1% withdrawal fee.
Ø Funds
are available for withdrawal at all times.
Ø Funds
are in a stable currency and so retains their value.
Ø Not
an MLM or a Ponzi, no need to recruit anyone to earn a decent profit,
unattractive referral program.
Ø Now
in its 3rd year with 265% cumulative profits.
Ø Live
trades showing profit and loss available all the way from August 16th, 2019.
Ø Never
experienced a downtime for any reason in 12 months.
Cons:
Ø No
customer support available.
Ø Profits
are deposited only once a month.
Ø $40
minimum withdrawal.
Ø
Inability to profit from an upswing in the market since coins are held in a
stable currency.
In
conclusion, the DHF isn’t a perfect platform but it has been life-changing for
me, not necessarily in the monetary sense as I am a very conservative investor
but in the sense that it has reaffirmed my belief that there are indeed genuine
online opportunities out there.
Important
Disclaimer: I am not a
financial advisor nor acting in any capacity as one. I am only sharing my story
and journey so far with this platform. Please do your research and due
diligence as investing in cryptocurrencies carries a high risk and you do so at
your own risk... Only invest what you can afford to lose. Please know that I do
get the $20 referral/activation fee if you do decide to invest using my link. DHF