Re: TaaS — Tokenized Closed-End Fund

Quote from: Dimosscolorist on September 17, 2018, 10:20:32 PM

Quote from: maioran on September 14, 2018, 04:40:12 AM

3) BUT there is a team of 20 expierienced trader the say... how they cant make any profit our of a bear market??
Did they ever think about short positions? Huh

The third point of the question is what interests me, too. I did not think that they would play so badly on the bear market. And I hope that this will be a good lesson for the team. And they will reconsider their strategy in such situations, this is important.

TAAS prefered to spend money for various ICO and startups rather than trading. They can not even sell large part of their investments. They have reserve fund to cover operational costs but they have to wait bull market. TAAS did not have fiat resources to start expansion right now while market seems to find bottom.